Here are some examples of the ways in which the shipping industry has changed in time.

One of the key trends in shipping industry of recent times would certainly focus on digitalisation. AI in particular has been used by lots of markets to increase efficiency, and it is anticipated that over the coming years this will apply to the world of shipping too. AI has the potential to end the requirement for people to carry out repeated jobs, and to improve the general quality of the shipping market. It can also provide help with route optimisation, safety, decision-making and automation, in addition to assisting to distribute goods between numerous vessels travelling through ports while avoiding traffic. There is no doubt that companies like DP World Northern Sea Route will be interested to see how AI continues to affect the method in which the shipping industry is run.

As with many other industries, the emphasis on the significance of sustainability has actually relocated to the forefront of trends in shipping industry 2024. With more frequent and expensive natural disasters being seen in the midst of an altering environment, it is more vital than ever that the shipping market steps up and implements change. New regulations have already been put into place which require cleaner fuel and retrofitted emissions scrubbers to be set up on older vessels. In the coming years it is forecasted that more action will be required to make relocations towards greener shipping. In recent years new ships are being built with electricity and alternative fuel sources in mind, making those important moves to a more sustainable type of shipping. There is no doubt that companies such as Hapag-Lloyd UK will be keeping a close eye on how the market adapts to make greener and more sustainable changes.

There is no denying that technological developments have caused many changes in a whole range of sectors, and the shipping market is no different. Among the primary methods in which tech is used in this industry is through the use of cybersecurity. In the digitalisation of the shipping world, many different companies have begun to invest more in cybersecurity as a top priority. Increasingly more classified data is being moved into the cloud, and those working in shipping recognise the various threats that are growing as a result of this. Cybersecurity can assist to safeguard sensitive data, safeguard freight from theft and avoid cyberattacks that can present a risk to operations. One of the key uses of new IT in shipping industry is making relocations towards requiring multifactor authentication, which adds a new layer of security throughout the process. There is no doubt that businesses like MSC Germany would concur that cybersecurity is going to be a big part of the future of shipping industry.