December 15, 2021

As 2021 draws to a close

We look back at an exciting year and are happy to see that confidence in shipping is rising again.

By Maximilian Hagemann

As 2021 draws to a close

The year draws to an end and we would like to seize this moment to wish you and your family a Merry Christmas and a Happy New Year!

As 2021 draws to a close we look positively towards 2022. Even though all of us were faced with challenges, we are very happy that business at Hanseaticsoft has been continuing without disruptions. Having our pandemic playbook in place, putting the health of our employees first and enabling our team to work from home whenever necessary has helped us to stay connected and productive even while working remotely. And we are even happier to see that a constantly increasing number of shipping companies decides to future-proof their operations by moving their business into the cloud.

During the last year, we welcomed 16 new international clients and we look forward to working with many more companies next year and beyond.

The latest company that selected CFM to manage their fleet, automate tasks and increase efficiency is OljOla Shipping, an operator of modern tankers based in Donsö, an island located in Sweden. OljOla Shipping's operations focus on safe bunker deliveries, as well as the technical management of a highly sophisticated oil terminal in Frederikshavn, Denmark. The company wanted to improve its business and is committed to improving the safety and security of its staff and their operations. They are already seeing many benefits including drastically reduced effort for training and the ability to focus on core tasks.

Confidence in shipping is rising again

The past two years have been extremely challenging for all industries, but shipping has had a particularly tough time especially with many crews stuck at sea for months during the height of the COVID-19 lockdowns.

Professional services company, BDO released its latest Shipping Confidence Survey Report in October which brought some welcome positive news. The key finding is that confidence in shipping has reached a historic high with all types of business and regions contributing to a global rise. The report highlights that overall confidence now stands at 7.2 out of 10. This is the highest confidence level reported since the survey began in May 2008. The report’s authors say that the headline numbers reflect a widespread and complete return of confidence. Intention to make a major investment and other key indicators are all pointing to a brightening picture. This is true across all types of shipping companies in Asia and Europe. Looking specifically at freight markets the report says that whilst the current market remains depressed, the net freight rate sentiment in tankers has continued to climb and has reached +57%.

The authors conclude that shipping has, clearly, turned the corner on the COVID-19 pandemic. This is a famously resilient sector, and that resilience is now translating into rarely seen levels of confidence about the future.

At Hanseaticsoft, we have witnessed the resilience of the sector first-hand. Many shipping companies embraced technology when the pandemic hit to improve collaboration between their teams working on shore and at sea, creating a connected workplace culture as well as generating major cost and efficiency savings. As the world moves beyond the pandemic, we believe technology will be key in helping companies recover. For instance, cloud-based technology solutions that give companies the ability to access data and information from any location and device will be increasingly in demand.

Merry Christmas

Closing the year on a positive note, we look forward to all the exciting news, events and emerging technologies that 2022 has in store for us. Hopefully, we will be able to see you all in person again soon. We thank all our great clients and partners and once again wish you, your family and loved ones a Merry Christmas, a joyful holiday season and a Happy New Year!

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