The 10th China Shipping Industry Innovation Conference was successfully held on March 27th at Dongjiang, Tianjin. The conference, guided by the China Transportation Association and hosted by China Shipping Weekly, served as an important platform for showcasing and exchanging new models, products, services, technologies, platforms, and concepts, promoting innovative development within the industry.
During the thematic sessions of the innovation conference, Chairman Wang shared Shining Ocean's innovative cases and experiences with the attendees. Chairman Wang provided an in-depth analysis of the shipping market outlook for 2024. Firstly, he pointed out some potential impacts of international political hotspots on the shipping market, including the Russia-Ukraine war, the Israeli-Palestinian conflict, and various parties' decoupling from China. These events may lead to risks and challenges for the shipping market, requiring the industry to closely monitor and respond promptly.
Chairman Wang discussed the changes in the shipping market landscape and the trends brought about by new carbon emission regulations. He emphasized that the impact of the Carbon Emission Trading System (ETS) on the shipping and energy industries would be profound. Under this system, energy and related costs will become the largest cost for most shipowners. Therefore, the shipping industry will have to continuously promote the improvement of ship energy efficiency and accelerate the exploration of new ways to replace traditional fuels.
Chairman Wang emphasized that international freight forwarders are facing unprecedented changes. In the face of these challenges, we must adapt to the situation and maintain a firm confidence. Only by confronting the uncertainty of the times with our own certainty can we win this battle. Therefore, we need to closely monitor market trends, flexibly adjust strategies, continuously improve our competitiveness, and meet future challenges. The 2023 China Shipping Celebrity List awards ceremony was also held at the conference. This award recognizes individuals and groups who have made significant contributions to the shipping industry, further encouraging innovation and outstanding achievements within the industry.
In this era of great changes, there is a group of people who, with firm beliefs and extraordinary courage, are steering the giant ship of the times and forging ahead against the waves. Chairman Wang's inclusion in the 2023 China Shipping Celebrity List is not only a recognition of his personal talents but also a tribute to the outstanding achievements of Shining Ocean Group.
Chairman Wang Shining Ocean, with his profound insights and outstanding leadership, has led Shining Ocean Group to ride the wind and waves, constantly exploring and innovating. Under his leadership, the company's business scale has continuously expanded, its Shipping routes have spread worldwide, and its service quality has won numerous awards, making it a leader in the industry. His success is the crystallization of wisdom and courage, a symbol of perseverance and hard work. In this rapidly changing world, Chairman Wang, like a navigator, not only accurately grasps the pulse of the industry but also embraces change with an open mind, promoting the company's development towards intelligence and efficiency. His foresight and insight have not only won the respect of the market for the company but also set an example for employees, inspiring every colleague to forge ahead and jointly write the brilliant chapter of the company.
This inclusion is a manifestation of Shining Ocean Group's strength and the best proof of the sincere cooperation and innovative progress of the management team under his leadership. Here, we not only express our warmest congratulations to Chairman Wang but also our most sincere thanks to our partners and customers who have always supported us. Let us work together to create a better future! The era's giant ship is led by heroes. Chairman Wang's success is the choice of the times and the inevitability of history. In this journey full of challenges and opportunities, we will continue to set sail, resonate with the times, and walk with heroes.