Digitalisation will “change the shipping world”, says Kurt Klemme, managing director of leading German owner Reederei Nord.

The Hamburg-based company’s view is that digitalisation will drive a higher level of automation in shipmanagement, as well as chartering, he says.

But the level of “scalability” will be limited given there are only around 60,000 oceangoing commercial vessels.

Reederei Nord, which manages vessels on behalf of the Oldendorff family and third-party interests, highlights the fact that shipping databases must consider far more parameters than simply “an App for ordering a taxi or pizza online”.