LOG353: Discuss the Two Most Important and Distinct Developments in the Maritime Industry:Ocean Freight Management Essay, SUSS, Singapore

Question 1
The global maritime industry undertakes a vital role in ensuring essential goods such as food and medical supplies reach end consumers and medical facilities across the world. The maritime industry is directly linked to many other sectors and issues encountered by the maritime industry may have a domino impact on other industries.

Discuss the two most important and distinct developments in the maritime industry. These “developments” may be an existing issue or challenge that the industry is trying to overcome or resolve while ensuring the continuity of operations. In your discussion, you should include the following:

(a) Describe the current status of these “developments” in the maritime industry. Indicate who are the players most affected by these “developments” and in what way.

(b) Examine the opportunities these “developments” may offer to the maritime industry. You are encouraged to appraise novel ideas on how the maritime industry may take advantage of these developments in their operations and businesses. You may answer this question from the perspectives of those players most affected by the “developments”.

Your suggestions may address both “developments” together or separately. However, your discussion should make reference to the business landscape of today to show the relevance of your answer.