Importance of sustainability in maritime growth

IT is in everyone's interest to drive the maritime sector from a traditional rust belt industry to a digital innovator. Not only for the directors and the people on the decks, but for all citizens, cities and the societies as a whole. Oceans are our most important global common. They provide nutrition and minerals for billions of people and their depth is a crucial source of minerals and medical research.

New technologies hold enormous potential for renewable energy from waves, wind and tidal waters and in April, the International Maritime Organization agreed to cut the shipping sector's total annual greenhouse gas emissions by at least 50 per cent by 2050. If the world is to enjoy sustainable economic growth, green shipping is a given factor. Growth in the maritime sector has many colours and more green ships will travel the oceans. Singapore and Denmark joined hands to digitalise the maritime industry as a catalyst for entrepreneurship, data collection and sustainable innovation. It is going to be green, blue and bright.

INNOVATION-DRIVEN GROWTH