Is there a future for the private shipowner?
While modern shipping faces challenges on several fronts, some believe that family businesses can do better than big corporates in many areas
SOME interesting themes are emerging in the run-up to Singapore Maritime Week (SMW) 2017, which starts next Monday and is organised by the Maritime and Port Authority of Singapore (MPA). The over-arching theme for the record 34 events being held is "Navigating through challenging times".
MPA chief executive Andrew Tan said: "Given fundamental shifts in the economy and technological advances that are transforming the maritime industry at an unprecedented pace, the future is in the hands of those who can tap on the opportunities presented by rapid industry developments.
"SMW 2017 brings to the table in-depth insights that will allow participants to sharpen their understanding of the dynamic maritime landscape, and in turn equip them with the readiness and in-depth knowledge to navigate through these challenging times."
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