ShippingWatch

Martin Stopford: Shipping's business model is outdated

Technology has already been squeezed hard by the shipping industry, but it needs to be squeezed further. The business model is outdated, says Martin Stopford of Clarksons Research. Read on to learn of his solutions.

Photo: Carsten Lundager

The shipping industry's business model is obsolete. This is the brief and matter of fact manner in which Martin Stopford, president of Clarksons Research, describes the situation for many carriers in the current market in a speech at the Danish Maritime Technology Conference in Copenhagen on Thursday.

"I have a serious problem with the business model we employ in the shipping industry," he said, adding that things have of course developed over the past 30 years.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs