Sailors SocietyBühler GmbHVan AalstPort of StocktonCleveland Cascades LtdCimbria
  • Cleveland Cascades Ltd
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Telestack
  • Sailors Society
  • Cimbria
  • TOC Events

ESG could be shipping’s route forward

ESG could be shipping’s route forward

(Posted on 21/09/21)

Renowned futurist K D Adamson has joined marine lawyers from across Hill Dickinson to explore how ESG (environmental, social and corporate governance) will shape maritime business.

Ms Adamson argued that ESG is raising profound questions for shipping that decarbonisation and digitalisation alone will not answer.

“We’re on the brink of a metashift to complex ecosystems, radical transparency and collaborative responsibility,” she said, advising that the challenge for shipping is how to use these to “reframe and reclaim the future”.

Hill Dickinson’s virtual event, which ran two sessions to enable delegates from all different time zones to take part, was held on the opening day of this year’s London International Shipping Week (LISW21).

Taking the theme: The life cycle of a ship: the commercial opportunities of values-based shipping, Hill Dickinson considered the challenges and opportunities against an increasingly changing regulatory landscape, and took a practical look at the key themes of ESG including finance, emissions, technology, people, ship recycling, and what this could mean in terms of growth. The presentation also reflected contrasting attitudes to ESG in several of the marine industries key hubs and highlighted the commercial potential for marine businesses in taking a holistic approach.

A wide range of specialists from several of Hill Dickinson’s International offices took part, including Diana Syziu, Jasel Chauhan, Colin Lavelle, Ian Teare, Shanna Ghose, Sarah Barnes, Rachel Hoyland, Antony Cowie, Trudie Protopapas, and Beth Bradley.

K D Adamson is a firm believer that the unrelenting focus on technology is a long-running misdirection which is disempowering people and businesses, reducing them to passive, disenfranchised consumers of a technology-defined future at a crucial turning point in history.

In her keynote speech she informed delegates that in 2020 59 zettabytes (1021) of data were created and consumed. However, she pointed out that much of this is not new data but rather data that is being re-analysed. She explained that 70% of company data lies untouched for years and that, in effect, businesses are managing “data cemeteries”.

Describing data as “the new oil”, Ms Adamson commented that knowledge lies in people and their ability to understand this data. Shipping needs to reprioritise its data and choose what is important, she advised, stating that shipping has the potential to lead the way on this new corporate journey.

Beth Bradley, Hill Dickinson Partner, said: “London International Shipping Week is a fantastic opportunity to bring members of the maritime community together to exchange experiences and thoughts for the future. We were pleased to be able to deliver this interesting and informative presentation and very grateful to K D Adamson for her thought-provoking address.”

Latest News

ClassNK issues AiP for jointly developed ammonia fuelled bulk carrier

(Posted on 27/01/23)

ClassNK has issued an Approval in Principle (AiP) for a large ammonia fuelled 210,000 DWT bulk carrier... Read more


Baltic Exchange: Will higher steel values mean bulkers hold value?

(Posted on 27/01/23)

Investors in middle aged dry bulk tonnage may be cheered by the impact of sustained higher recycled... Read more


NI survey into Straits of Malacca and Singapore shipping traffic

(Posted on 27/01/23)

As one of the most important strategic maritime passages in the world, linking the Indian and Pacific... Read more


Ship managers OSM and Thome agree to merge

(Posted on 23/01/23)

OSM Maritime Group and Thome Group have agreed to a merger of the two companies. By joining forces,... Read more


Swedish Club announces key management moves

(Posted on 23/01/23)

In a pivotal move aimed at further strengthening The Swedish Club’s long-term position in the... Read more


Danica Crewing Specialists adds Indian seafarers to crew pool

(Posted on 16/01/23)

International crewing expert Danica Crewing Specialists now has a presence in Mumbai, boosting its recruitment... Read more


Campbell renews Fleet Xpress contract

(Posted on 10/01/23)

Bahamas-based ship-management group Campbell Shipping has extended its relationship with Inmarsat, a... Read more


20,000FRT of iron ore reclaimer components on single AAL sailing

(Posted on 10/01/23)

AAL’s scheduled monthly ‘Asia to Australia West Coast Liner Service’ (AUWC) recently... Read more


Britannia launches TR(B) Americas

(Posted on 10/01/23)

Tindall Riley & Co Ltd./ the Managers of Britannia P&I announce that on 5 January 2023 it acquired... Read more


Swedish Club rings in New Year with welcome for new MD Nordberg

(Posted on 04/01/23)

The Swedish Club has welcomed in the New Year, when it formally greeted its incoming Managing Director... Read more


TBA GroupViganPort of South LouisianaThe Wolfson Centre for Bulk Solids Handling Technology TelestackTOC Events
  • Port of Stockton
  • Bühler GmbH
  • TBA Group

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping