The future development and restructuring of the international shipping industry: Conference report

With the worldwide spread of the global Coronavirus (COVID-19), the shipping industry has played an essential and irreplaceable role in combating the effects of the pandemic, promoting a trade-led economic recovery and maintaining the stability of industrial supply chains. The North Bund Forum advocated jointly promoting the continuous innovation and wide application of green low-carbon technologies and effectively implementing the reduction strategies of global greenhouse gas emission, thereby contributing to the creation of a safe, smooth and green global supply chain. With the epidemic under control worldwide, the international shipping industry has also ushered in a new development cycle and growth opportunities, which brings new strategic opportunities for the development of Shanghai International Shipping Center. Shanghai will accelerate the building of the world’s first-class shipping center characterized as convenient and efficient, fully functional, open and integrated, green and intelligent. The forum is intended as a platform for exchanging ideas on major issues in global shipping, for incubating governance rules and norms of the international shipping industry, for releasing the latest policies and regulations in China and the world, and for showcasing the Shanghai International Shipping Center.