Global Maritime Issues Monitor shows that environmental issues top the industry's agenda

09.12.2021
Global Maritime Forum, Marsch and the International Union of Marine Insurers have presented their annual Global Maritime Issues Monitor. Read on for some highlights, showing the critical issues of concern in the global maritime industry today.

Headlined “Critical issues facing the maritime industry,” the 2021 report looks at how various challenges and perceptions of preparedness have changed over the past year as the industry faced the COVID-19 pandemic while also shifting attention to recruitment and environmental matters.

The report researches the top global issues identified by the survey’s respondents. It measures these issues on how the respondents score likelihood, impact and preparedness for meeting certain challenges, as well as access to talent ashore and onboard. The respondents are “public and private decision-makers from six continents and commentary from more than a dozen leaders and experts”: 

Some of the questions asked were:

  • Which issues do you view as most likely to occur?
  • Which will have the most impact?
  • How prepared do you consider the industry to be should such events unfold?
  • What steps are needed to meet environmental goals and regulations?


Environmental challenges top the list of critical issues

The report leaves no doubt that environmental challenges dominate the top concerns of the maritime industry, particularly related to decarbonization and new regulations. Our industry has increased its attention to sustainability, environmental/climate regulations, and related matters: 

Main headlines:​​​​

  • Potential impact of environmental issues increases
  • Likelihood of economic crisis seen as falling
  • Low preparedness on environmental and digital issues
  • Decarbonization and other environmental issues come to the fore
  • Talent shortages loom in the background
  • Digital issues re-emerge as a priority
  • Economic and geopolitical issues overshadowed
  • Pricing of GHG emissions viewed as key step
  • Policymakers urged to leave no country behind
  • Vessels and fuel subsidies less likely to be adopted

What has changed most since the 2020 report is that a shortfall in infrastructure is considered more likely (from 2.81 to 3.26), while a global economic crisis is viewed as less likely (from 3.59 to 2.99). Other issues that rate high are the risk of cyberattacks and data theft.

The report gives a good insight into issues of concern in our industry. It corresponds well with our risk assessments at Odfjell, and will be one of various sources used in our strategy planning. We have had sustainability and IT security on the agenda for years, and will keep up the proactive and ambitious program to continuously improve and prepare for what lies ahead.

Click here to download a copy of the document, or read the report on maritimeissues.org.