Risks to Global Trade

Shipping is an enabler of global trade: universally regulated, responsive, efficient, economical. But today’s global poly-crisis environment is testing even this most resilient of industries, threatening prosperity and safety. 

How can shipping demonstrate even greater resilience and thrive in a multi-threat environment? 

Objectives: 

• How is shipping responding to the Trump administration’s proposed tariffs on Chinese-built vessels calling at US ports? 
• With a sector-wide increase in digitalisation, what is shipping doing to prepare to face a rapid increase in cyberattacks? 
• Penalties for non-compliance with new regional and international decarbonisation regulations. What strategies have shipowners and insurers adopted to ensure they achieve compliance in a rapidly tightening regulatory environment? 
• How does the insurance industry's multiplication of war-related threats to shipping operations pose new complications for insurers? How is the maritime insurance industry pricing in these threats? 
• The sanctions-circumventing ‘Dark Fleet’ poses problems for shipping and may result in a catastrophic accident. What can regulators and the industry at large do to prepare and mitigate against risk? 
• Climate-mediated events pose a long-term risk to shipping, especially port infrastructure. With the banking and energy sectors rolling back their climate commitments, how will shipping maintain its climate investments and commitments? 

This session is organised in association with Emirates Shipping Association