We're about to find out what workshops might be interesting to work on. Therefore, the workshops proposed below should be seen only as proposals.
O-36 panel members are invited to comment on these proposals, or even make suggestions for workshops.

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Workshop on Green Growth of Maritime Industries

This workshop is expected to contribute to better understanding the role to help develop greener maritime industries and what impact it has on maritime economics. It will allow O-36 panel members to discuss how the maritime industry can address the United Nations (UN) Sustainable Development Goals (SDGs), considering environmental challenges, and what the main driving forces and barriers to invest in greener technologies are. You can read more about UN SDGs on the 'Maritime Economics' tab of this website.

Note: Panel members are welcome to send in comments and elaborate on this suggested workshop.

Background

As part of the United Nations family, IMO is actively working towards the 2030 Agenda for Sustainable Development and the associated SDGs. One of the goals of the International Maritime Organization (IMO) is to reduce total annual greenhouse gas emissions.
Commercial shipping is increasingly seeking to using renewable or alternative fuels to meet requirements to reduce climate change and reduce greenhouse gas emissions.

Activities

This could be undertaken through expert from the O-36 panel member. 


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Workshop on Digitalization in the Maritime Industries - Future of Shipping

This workshop is expected to contribute to better understanding the role of digitalization in maritime economics. It will allow O-36 panel members to discuss the ongoing process of digitalization in the maritime industry and to explore the ways cooperation changes when work is distributed between humans and autonomous technologies.

Note: Panel members are welcome to send in comments and elaborate on this suggested workshop.

Background

Digitalization is key in strengthening the resilience of the global supply chain and taking shipping into a new era. The supply chains, which rely on shipping, need further digitalization of trade and customs procedures, to ensure the fast and secure exchange of data and information.

IMO is working to ensure shipping can embrace the digital revolution – while ensuring safety, boosting environmental protection and managing cyber security risks. Cooperation between all relevant stakeholders, from shipping, ports and logistics, will be vital to drive the digitalization of shipping, enhance its efficiency and sustainability, and therefore facilitating trade and fostering economic prosperity.

A priority is the harmonization of electronic messages to facilitate the exchange of information between ship and shore. IMO has embraced electronic data exchange which is mandatory under the facilitation Convention since April 2019.

Digitalization and data sharing is making the maritime industry, safer, cleaner and more efficient. The necessary technologies exist but the maritime industry must find ways to overcome its competitive mindset and increase collaboration if it wants to fully realize the operational benefits of digitalization.

Activities

This could be undertaken through expert from the O-36 panel member. 


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Workshop on Uses of Data Science or Machine Learning in Maritime Economics

The Workshop will explore an area of science and technology that is rising rapidly in its ability to support science and which has the potential to replace a number of traditional activities within the science of maritime economics. O-36 panel, or those interested, needs to understand these developments.

Note: Panel members are welcome to send in comments and elaborate on this suggested workshop.

Background

Machine Learning (and/or deep learning, transfer learning, causality, probabilistic programming, data analytics) can be used in many ways, from analysis of the past or current data and predicting the future outcomes with the aim of making informed decisions to finding hidden patterns in large datasets, and to deriving analytical algorithms. Sub-sets of artificial intelligence (AI) will be considered in examine each stage of maritime economics, e.g., market forecast & research, financial evaluation, investment assessment and advice.
The objective is to update on the latest technologies, and offer coverage of sub-categories of artificial intelligence (AI), such as data science, machine learning, deep learning, transfer learning, causality, probabilistic programming, data analytics, and safe AI.

Activities

This could be undertaken through expert from the O-36 panel member, or from outside experts. 


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Workshop on Methods used in Capital Expenditure (CAPEX) used as Decision Support in Maritime Economics

This workshop is expected to contribute to better understanding the role in decision support to help develop evaluation methods (ex. financial) used in capital expenditure (CAPEX) that can be used to teach maritime economics. It will allow O-36 panel members to discuss how decisions are made, what are the inputs that real corporations (would need to interview the decision makers at various corporations) are using today to make capital expenditures, including international tax issues and its impact of CAPEX projects. 

Note: Panel members are welcome to send in comments and elaborate on this suggested workshop. This workshop was suggested by Martin Toyen, however, I fully agree that this subject is very central in maritime economics (Chair). 

Background

In maritime economics, capital expenditure (CAPEX) can be the amount that a shipping company spends to buy & upgrade its fleet. CAPEX Management should include good guidelines and tips, and how to increase the success rate of investment. 

CAPEX Management break-down should, as minimum, include:

• CAPEX Management is project management
• Transport/Freight Planning, Cost Planning, and Capital Investment Planning
• Perform investment analysis to calculate return on investment (ROI)
• Establish an investment approval workflow and record all approval steps
• Implement a management method, for example the PDCA (plan–do–check–act/adjust) Cycle in CAPEX 

Read about uncertainty & risk, and a probabilistic evaluation method under this O-36 MicroSite ‘Current Projects’. 

Activities

This could be undertaken through expert from the O-36 panel member.


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