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Pandemic pondering

Readers have plenty to say about how Covid-19 is shaping our industry

Which sector will be hit hardest by coronavirus?

Dry bulk 8% Containers 45% Crude tankers 4% Product tankers 2%

“Consumers around the globe will avoid spending on anything which is considered as nonessential ” LNG 1% LPG 1% Car carriers 37%

Does the current lull in demand mean that digital efforts will be accelerated or decelerated?

“Cost savings too great to pass up ”

Sped up 85% Slowed down 15%

Will shipping experience record numbers of layups in the coming 18 months? Which sector will see the quickest recovery once the coronavirus outbreak recedes?

“Containers are the barometer of global trade ”

Dry bulk 30% Containers 41% Crude tankers 7% Product tankers 11% LNG 8% LPG 1% Car carriers 2%

Will ship leasing come under pressure this year thanks to these financial institutions’ exposure to the aviation sector?

“The banks will seek to divest their transport portfolios away from ever riskier aviation ” Yes 70% No 30%

Has the coronavirus fundamentally changed how your business operates going forward?

Yes No 64% 36%

“Smaller shipping companies with cash flow on the lower side will be the most affected ones ”

Will seafarers be considered as essential workers and permitted more freedom of movement?

“More digital tools will be required. More remote working ”

Yes No 60% 40% Yes No 59% 41%

“Sorta. On paper yes. In ports and airports, not so much, especially if fear takes over decisions ”

Does the current crisis mean that we will get back to more free trade sooner or later?

“It’s a US election year! ”

Yes No 33% 67%

Listen to the sea

Posidonia

26 - 30 October 2020 Metropolitan Expo, Athens Greece

The International Shipping Exhibition

Organisers: Posidonia Exhibitions SA, e-mail: posidonia@posidonia-events.com

My ships have become digital

I was facing different IT and security challenges that I had to handle on a per vessel basis. Now, with help from new and cyber-secure solutions from Dualog, I have fully included our ships in the company IT infrastructure. Magically we have switched from repetitious manual operations and routines into one integrated and seamless solution. #DUALOGCUSTOMERSTORIES

NAME Thomas Dinter

POSITION IT Manager

COMPANY TB Marine Shipmanagement GmbH & Co. KG Hamburg, Germany

SCOPE The complete range of Dualog® services implemented on 50 ships

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