The Russian invasion of the Ukraine has put pressure on maritime and energy companies suspend business with Russia even if not required to under sanctions.
The pandemic has driven the rapid uptake of digitalisation by presenting problems that need fast and remote solutions. It’s a trend that is likely to increase over the coming decade says Martin Wallgren, Chief Information Officer at GAC Group.
China’s largest shipping corporation, Cosco Shipping Group, claims to carry one-tenth of the world’s cargo and operates over 5% of the world’s fleet by deadweight.