Successful Caribbean Shipping Conference wraps 20th staging with emphasis on technology
The Caribbean Shipping Executives’ Conference (CSEC) concluded its 20th conference on Tuesday, May 25 following absorbing presentations on the future of the industry focusing on technology, including digitization, smart ports and the cyber disconnect with emphasis also placed on mentorship and equality, and the impact of the pandemic.
General manager of the Caribbean Shipping Association (CSA), Milaika Capella Ras, in her opening remarks, noted that the sessions are aimed at collaboration and the exchange of ideas to collectively advance the industry.
The day’s discussion began with the ‘Electronic Bill of Lading – Digitizing Documentation In Our Industry’, which was delivered by Roman Ramirez, sales operations director at ZIM Integrated Shipping Services Limited. Encouraging more entities to embrace digitization, he said the process has several advantages including simplifying processes, reducing costs, and promoting sustainability by reducing the use of paper globally.
That session was followed by an engaging conversation around ‘Mentorship and Woman Equality’ in the shipping industry, and the role play by those employed in it. The panel included Jennifer Nugent-Hill, director of Governmental and Community Affairs at Tropical Shipping; Tamara Lowe, president of Women in Maritime Association Caribbean (WiMAC); Professor Opal Palmer Adisa of Adisa Consultancy; and Wendy Fox, accounting general manager at Tropical Shipping. The session was moderated by Corah Ann Robertson Sylvester, CEO at Seaboard Jamaica and CSA past president.
On the topic of ‘The Ongoing Cyber Disconnect: Why Maritime Leaders Need To Take Action Now’, presenters Chris Bhatt, chief commercial officer at Transportation & Logistics Aon; Scott Dickerson, global cyber ambassador for CMA CGM; and moderator Max Bobys, vice-president of HudsonCyber, said the impact of cyberattacks is costly, disruptive to operations and has the potential to create further liability when sensitive data is breached. They said cyber risk efforts need the engagement of teams, beginning with leaders in every area of the organizations.
The technology dialogue continued with a presentation on ‘Smart Ports: Working on Sustainable Development of Ports’ by Andy Hecker, managing port director and chief financial officer of PortMiami, and moderated by Albert Elens, managing director of Maduro Shipping. Hecker said a smart port is more than the incorporation of technology, digitalization and artificial intelligence, and must offer a secure supply chain, cargo visibility, cost-competitiveness and be environmentally sustainable.
A concentrated panel discussion on ‘The Effect of the Global Crisis on The Caribbean; The COVID-19 Pandemic and the Looming War Escalation in Ukraine’ followed. The panel included speakers Dr Jean-Paul Rodrigue, professor at The Hofstra University New York; Philip Gray, partner at Grayship; Mike Maura, CEO and director at Nassau Cruise Port Limited; and Donald Brown, vice-president for maritime policy at Cruise Lines International Association. The session was moderated by Mark Williams, CEO of Kingston Wharves Limited, and CSA Group B chairman. In his presentation, Gray noted that the dominant drivers of increased freight rates and carrier profits over the past two years have been container system inefficiencies, disruptions and port congestion, which were further impacted by pandemic restrictions.
Despite those shortcomings, Maura noted that the cruise industry’s recovery continues with over six million cruise passengers visiting the Caribbean since June 2021, and cruise lines reporting that demand which exceeds 2019 levels.
The day’s presentations ended with a discussion on trade facilitation by Dr Patrick Antoine, technical director of CARICOM Private Sector Organization, who said the current state of play is characterized by lengthy and cumbersome border procedures, high freight costs, low levels of port efficiency and operational capacity, and inadequate safety and security for the informal shipping sector. He also noted that transportation and logistics forms a significant component of regional supply chains as it affects efficiency and cost structures of businesses.
The Association will stage its next meeting in San Juan, Puerto Rico in October 2022.
Source: Caribbean Shipping Association (CSA)