Carriers and terminals must be smarter, not bigger

摘要

AMID a prolonged downturn that has led to further consolidation of shipping firms, ClearMetal chief executive Adam Compain says that shipping firms do not need to grow in size to survive, but instead focus on using data to become more competitive. "Scale does not always cut it -sometimes it hurts," he told the audience during the Singapore Maritime Technology Conference, held during Singapore Maritime Week. Shipping lines "need to be smarter, not bigger", he said, referring to the new shipping alliances that came into effect at the beginning of April.