The Maritime Industry
The backbone of the global economy
The digital transformation of the shipping industry
is a massive opportunity to reshape a key part of the world economy
The shipping industry faces enormous transformational challenges. With demand for transportation expected to triple by 2050, players are under increasing pressure to manage ever growing cargo volumes. Meanwhile, customers and partners are demanding increasingly digitally integrated supply chains, and regulators are quickly raising the bar for emission reductions and sustainable practices. These spell immense challenges and opportunities for any industry – not least one that has been historically slow to digitalize.
“Beyond immediate benefits to the maritime sector, digitalization will help countries participate more fully in the global economy, and will lead to better development outcomes.”
– Makhtar Diop, World Bank Vice President for Infrastructure