Port Modernisation and the Future of Shipping: Key Trends and Innovations Shaping the Industry
22 May 2023Expected to hit USD 16.42 billion by 2029, the global cargo shipping market is experiencing steady growth. Trends like increasing cross-border trade have certainly contributed to the growth of the shipping industry. However, it doesn’t owe its growth to increased trade alone – the global shipping industry has been modernised beyond recognition in recent years. From the Internet of Things to green energy, numerous innovations have made their way to the maritime industry. The future of shipping is bright, and the industry continues to evolve, let’s take a deeper look at the key trends and innovations shaping the industry.
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