The ‘Changing Context’ report was developed in partnership with Forum for the Future through its Futures Centre digital platform to report on the seven global trends highlighted in the SSI’s Case for Action in early 2012. In response to this, the SSI has since developed its Vision 2040 as well as a practical, action-orientated Roadmap, to address the issues identified. Three years on, the report revisits the trends to monitor how and where progress has been made.

Changes that were identified as moving most rapidly included the following:

  • Higher expectations and increased scrutiny enabled by today’s highly networked, digital age have pushed investors, shipping customers and in turn, ports and charterers to push for transparency in ship performance. This has partially resulted in the development in incentives for the adoption of energy efficient technology (e.g. ship ratings schemes) and stronger sentiment towards the enforcement of sustainability standards and regulations
  • Emissions regulations and the growth of renewable energy on land and forthcoming emission reduction targets have created momentum around investments in alternatives to marine fuel, with the most evident traction in the near-term around LNG. These developments coincide with the rising influence of emerging economies, which are leading the way on clean energy growth, fuelling both supply and demand.
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