Rising Above Challenges at Asia Pacific Maritime 2016

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SINGAPORE, 04 March 2016 : Asia Pacific Maritime (APM) 2016, one of Asia’s biggest exhibitions and conferences, will return in its 14th edition with a focus on shipbuilding and marine, workboat and offshore.

Asia Pacific Maritime 2016 will be held from 16 to 18 March 2016 at the Singapore Marina Bay Sands Expo and Convention Centre.

Gathering the world’s marine, workboat and offshore community in Asia, expect to meet 15,000 visitors and decision makers from Asia, 1,500 international products & services companies from over 60 countries including 18 country pavilions and over 50 industry influencers, all in one single platform to buy, sell, network and learn.

The three-day conference will comprise a dynamic line up of regional and international industry figures as well as exhibitors under one roof to address challenges as well as capitalize on opportunities within the industry. 2015 has been a challenging year for the maritime and offshore industry. With issues like falling oil prices and slow global economic growth, ship operators have struggled to cover operating costs.

The conference will see industry experts discuss hot topics including:

· An outlook on how consolidation in the sector is affecting future growth

· Resourcing talent to sustain the market demands of a bear market

· Owners as a key driver in OSV supply and its impact on overall global demand dynamics

· Is the weakness in Europe, a strong US dollar diminishing growth in China, low energy costs and inevitable rises in interest rates causing concerns on this side of the world?

· How are the regional LNG markets maintaining its momentum in an uncertain business environment?

Asia is key in driving next phase of growth, although the maritime sector has met with a number of obstacles, analysts remain optimistic that Asia will continue to dominate the shipbuilding industry.

In 2015, Singapore recorded huge months of bunker sales at 3,984,000 metric tonnes, a 12.3 percent increase over November 2014. There has also been an increased commitment from companies to develop their maritime and shipping sector in Asia.

Neighbouring countries like Indonesia also pushed out plans to develop marine destinations as well as improve seaport facilities as part of its vision to be the World’s Maritime Axis, casting the spotlight on growth in the region.

For more information, visit the official website at www.apmaritime.com.

 

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