An American Institute of Marine Underwriters (AIMU) seminar brought into the focus the growing risks associated with mega-containerships in the event of casualty and the huge number of cargo interests involved.
Ship manager Anglo-Eastern has highlighted the use of virtual and augmented reality (AR/VR) as part of its training programmes allowing seafarers to learn new skills in a risk free environment.
The majority of deaths in enclosed space accidents on board vessels occur due to ill-attempted rescues according to the UK P&I Club.
As attention spans drop companies and organisations are seeking new ways get serious educational messages over to their staff, and as part of this mutual insurer the UK P&I Club is turning to gamification.
According to law firm Reed Smith the biggest opportunities for shipping in blockchain lie with digitising the supply chain, electronic bills of lading, marine insurance and smart contracts.
The size of project cargo risk and its changing profile as more Belt and Road Initiative (BRI) projects start to kick in is causing the need for different types of surveyors from the traditional marine warranty surveyors that are routinely used for loading operations.
While the intra-Asia trade has been held up as the next great thing the container industry, there remains debate about the perception that it is notoriously difficult to make money from.
Shipping needs to develop a greater risk culture to avoid the problems it has experienced since the onset of the global financial crisis according to Kyvsgaard Consulting.