Financial Challenges and Opportunities In The Maritime Industry: Insights From Expert Perspectives

Authors

  • Indah Anggoro Putri Universitas Trisakti
  • Muhammad Zilal Hamzah Universitas Trisakti
  • Eleonora Sofilda Universitas Trisakti

DOI:

https://doi.org/10.61132/ijems.v1i3.158

Keywords:

Maritime industry, Financial challenges, Economic indicators, Sustainability, Strategic recommendations

Abstract

This research investigates the intricate landscape of financial challenges and opportunities in the maritime industry through the lens of expert perspectives in economics, management, and maritime operations. Drawing on qualitative insights from industry leaders and scholars, the study analyses key economic indicators such as GDP growth rates, inflation, interest rates, and trade balances, highlighting their profound impact on global shipping dynamics. The findings reveal pervasive challenges including economic volatility, regulatory compliance burdens, and sustainability pressures, which necessitate strategic responses for financial resilience and operational sustainability. Strategic recommendations are delineated to address these challenges effectively, advocating for enhanced risk management strategies, investment in technological innovation, adoption of sustainable practices, collaborative industry partnerships, and capacity building in talent development. These insights are crucial for maritime stakeholders aiming to navigate economic uncertainties and regulatory complexities while advancing towards sustainable growth and competitiveness in the global maritime economy.

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Published

2024-07-31

How to Cite

Indah Anggoro Putri, Muhammad Zilal Hamzah, & Eleonora Sofilda. (2024). Financial Challenges and Opportunities In The Maritime Industry: Insights From Expert Perspectives. International Journal of Economics and Management Sciences, 1(3), 226–238. https://doi.org/10.61132/ijems.v1i3.158