China’s One Belt One Road (OBOR) global initiative is set to build land and ocean-related infrastructure to connect the country with Central and South Asia, Europe, Middle East and Africa. Although known across the globe, it seems so far to have slipped largely under the radar of the shipping community, and will have great impact on trade and shipping in the years ahead.
In the European Union, China and United States, legislation on vehicle emissions has changed over time to meet a variety of policy objectives. While the European Union and China are moving towards tightening their emission regulations, the US on the other hand is shifting in the opposite direction.
It has probably never been as difficult to predict future economic developments as today. What is becoming clear is that the current economic and financial system may look totally differently at the end of this year – changed according to the rule: destruct and rebuild.
The start of the year is a high time for predictions. All respected research institutions and experts are rolling out their crystal ball to forecast what will lay ahead, while old views, that were so-often wrong are forgotten instead of being reviewed. Today, I offer you a review of the predictions we made for 2016 on our website last year. As you can see our predictions were reasonably correct.
In the world where more than half of the population lives in densely populated urban areas, new mobility services like car-sharing are challenging the traditional model where we own our own car. This trend, together with autonomous and connected car technology, will likely revolutionize our individual travel patterns in the not so distant future.
Last week, I had the honour of attending a traditional naming ceremony for Höegh Trotter, the sixth New Horizon class vessel, my company has built at Xiamen Shipbuilding Industries in China. Many people outside the shipping industry wonder what such a ceremony is all about, therefore I thought of shedding some light on this old custom.
Africa, essentially the last continent representing significant expansion opportunity for the automotive industry, has in recent time become a key focus area for all global manufacturers. Things are starting to happen here.
Recent report by the WTO reveals that the global trade growth (in physical goods) has now slowed sharply to its slowest pace since 2009.
Being a seafarer has helped me improve my knowledge and skill in navigation and develop a positive attitude towards the value of hard work. Surprising however it has also ignited my passion for dance.
The media are these days full of articles about Hanjin’s spectacular fall. Many opinions on the reasons of the fall, current effects and possible outcomes of this disaster are circulated every day. I will not dwell on this today, but I’m thinking - how dependent the global economy’s growth is on well-functioning and efficient shipping industry.
We seafarers take a six to nine month contract on board a ship. Within that period, we see the vast ocean and sky most of the time. Isn’t that boring? Well, if you don’t have some patience, determination and optimism, you can definitely conclude that life at sea is quite boring. But if you want to see the world, it is an opportunity.
We stand at the doorstep of the fourth Industrial Revolution. Media picture is packed with news and analyses of a great number of technology trends enabled by Big Data. It is often difficult for ordinary people to comprehend all the new breakthroughs, and to grasp consequences of them for how we will live, get around, work and relax in the future.
In recent years, more women engage in professions which were classically designed for men. Despite the hardships and difficulties that female seafarers encounter, I have found trusting and believing oneself are the key factors to overcome such circumstances.
The media picture is dominated by the UK’s unexpected and unpredicted decision to leave the European Union. Analysts, consultants, commentators, and of course politicians, all race to present their Brexit impact analyses. It is a great time for speculations, ideas, theories, predictions, even forecasts, warnings of grave consequences and risks. And that is exactly that – nobody knows what will happen.
Seafarers must have the skills, competence and knowledge to perform their duties and responsibility to keep the ship in its best condition. But seafarers on board must also be emotionally happy and physically fit.