CAN
Maritime & Shipping
Redefining normality in the global maritime industry
After a decade of expansion and high profits, the global shipping industry continues to be challenged by lower demand, over-supply of new vessels and reduced freight rates. Traditional ship finance methods have been eroded and the rise of private equity has taken many by surprise. Increased regulation – emission controls, port security and working practices – are all impacting on the future of the industry.
The challenges faced by the shipping industry have a direct impact on the maritime services sector, be it in the ports industry, marine insurance, classification, shipbuilding & repair, ship management, legal or broking, and offshore services to the oil & gas industry.
Canada
Canada’s maritime & shipping industry is broad and complex, with talent needs that run the gamut from running and operating shipping companies, to port authority and facility management, materials handling and ship building.
In response to the general global slowdown, many companies are looking to hone their competitive edge by minimizing costs wherever possible. They are also making long-term capital investments in assets, so they will need flexible, multi-talented leaders with experience in both business efficiency and asset operations and maintenance.
Odgers Berndtson Canada draws on its global maritime and shipping practice for its deep sector knowledge and extensive candidate network. Not only can we scour the country for the top talent you need, but we have the international reach to go beyond as client needs dictate.
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