Shipping needs to improve its forecasting abilities so that it does not get weighed down by uncertainties and delay taking action, classification society Lloyd’s Register and its charitable arm the Lloyd’s Register Foundation said at the publication of a new report today.

The specially commissioned report, Global Maritime Trends 2050, which was written by Economist Impact and presented during London International Shipping Week, analysed likely future scenarios for shipping in 2050 and how these might appear in 2030 and 2040.