Director, Public Sector & Government Consulting,
Frost & Sullivan
Session: Changing business models and technology factors disrupting traditional trade
Can you give an overview of your conference topic/session?
Why is this an important topic to discuss?
We all know how important free trade is to the global maritime and logistics sector. With the political, economic and technological headwinds impacting free trade in the West and the East, it becomes important for all stakeholders to understand the changes in order to respond accordingly. Therefore, I will be talking about changing business and trade landscape across the globe and how these changes impact us
What can attendees expect to learn and discover from your session?
The attendees can expect to understand the linkages and potential impact of current headwinds impacting the industry. This will help them to prepare their businesses better for coming storm in global trade.
What do you think is the biggest issue being faced/discussed in your industry at the moment?
There are some long-term, behind-the-scene changes such as technology which is evolving the industry and the economy, and at the same time, there are some high-impact disruptions such as the rise of nationalism and protectionism which are impacting the industry at this moment.
What is the biggest lesson you learned in 2016?
What 2016 taught us all is that we should not take the vision of "everlasting growth" for granted. There will be challenging times for the industry, and 2016 showed us all that we are under prepared for such times.
What do you think the biggest challenge for the industry will be in 2017?
If 2015 and 2016 were about the oil doom, this year I expect to be the year of tariff boom. It seems the global trade restrictions in terms of tariff increases, walled gardens and lack of political cooperation will hinder the industry.
What innovative measures should the industry adopt in the next few years to ensure market sustainability and growth?
There are some unavoidable measures such as diversification, a rise in the leasing of vessels, and collaboration, which will be forced by market dynamics. Other measures such as adoption of technology will be needed to improve operational capabilities and productivity.
Why do you think events like Intermodal Europe are important for the industry?
Such events provide a platform for industry stakeholders to discuss and share their concerns and solutions. Given the times, all businesses are avoiding risks. Such platforms help to share best practices and support mass adoption of success stories.