Smart Shipping Has Crucial Role in Shipping’s Survival Strategy, Says Economics Expert

Martin Stopford, Non-Executive President of Clarksons Research Services once again showcased his “Smart Shipping Toolbox” and whilst doing so stated that smart shipping will play a crucial part in the survival strategy for shipping.

According to Stopford, rapidly evolving information and communications technology (ICT) has enormous potential to improve fleet operations and transport productivity.

He made these statements whilst presenting at an advance press conference that gave the shipping trade press insight into SMM Hamburg 2016.

Stopford warned that smart shipping is not just about the digital technology but rather how the industry manages it around a fleet of ships. Stopford stated:  “for 500 years we have run ships as single entities, we don’t have to do that anymore”.

However, his final words were: “it is not going to be easy”.

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