Since the outbreak of COVID-19, the world has entered uncharted territory in the battle against it. The maritime industry is riding the storm in its efforts to rebound from the domino effect of closure of factories and ports which resulted in major implications for various sectors and global trade volumes. The pandemic has not only impacted trade, tanker, oil markets and more, but has transcended traditional maritime, fast-tracking businesses to digitalise their operations to stay ahead of the competition. Companies are forced to rethink existing supply chains, structures and long term aspects.
What is the new normal? How will COVID-19 shape the future of maritime? What recovery are we expecting? APM Insights presents viewpoints from 20 industry power players on the outlook of the maritime future and the initiatives organisations can take to prepare for the aftermath of the pandemic.