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Lloyd's List SMM Forum

10 September 2020

Messe Hamburg

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This Lloyd’s List group forum will examine what our analysts are forecasting will be a bumpy road ahead for the shipbuilding industry.

The sector continues to be weighed down by years of surplus capacity which will, in part, lead inevitably to further consolidation. Increasingly, shipyards will have to become smart-yards, embracing semi-automation and digitisation that will require significant investment in a sector already overburdened by debt.

Parallel to that journey, shipyards will come under greater pressure, internationally, to clean up their act as part of the transition to carbon-neutrality.

In particular, ship recyclers will face greater scrutiny from shipowners, regulators and financiers to ensure they are transparently environmentally sustainable. The Lloyd’s List group will host and chair a mid-morning forum, comprising two panels of up to 8 speakers, who will include recognised analysts, executives and partners involved in shipbuilding.

The panelists will explore, among other things, if and when overcapacity will subside, where consolidation is most likely and where the finance will be coming from.