Over the last three years, we have been witnessing a rapidly changing global political, financial, technological and social environment within which shipping transports 90% of goods traded. Shipping and shipping services businesses are undergoing changes internally and externally to adapt to this changing landscape. Shipping finance is embracing the drive in support of a "greener" global economy; sources of shipping finance are growing in Asia as the center of global economic gravity is shifting East. Technological innovations are enabling increasingly transparent money flows and data driven investments, women are increasingly embracing the shipping industry and are in key decision-making positions, a new generation is taking the reigns and driving the industry forward, and environmental policies are pressuring the industry to innovate and adapt fundamentally. These winds of change will undoubtedly bring new opportunities and new risks from which new shipping fortunes will be made.
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