Was geht auf See?

The SMM Hamburg is the world's leading trade fair and conference event for the maritime industry. German maritime suppliers are satisfied with the past fiscal year and mainly supply Germany, Europe, North America, China, and Korea. Shipowners are investing in new builds as well as the modernization and retrofitting of their existing fleet, driven by the IMO requirement for climate neutrality. The International Maritime Organization (IMO) aims to achieve climate neutrality in shipping by 2050. Significant investments in decarbonization and digitalization are necessary to achieve this. At the European level, challenges regarding trade and competition policy need to be addressed to prevent market share loss to Asian countries. [Extracted from the article]