Specifically, sustainability has been the talk of the town, with key industry stakeholders taking steps towards decarbonization and greener activities.

RightShip's digital platform assists those under pressure to minimize their emissions. This means that charterers will look favorably on those with an efficient GHG rating.

In addition, knowing what your fleet burns provides you a competitive edge, while RightShip's Sustainability Manager Kris Fumberger comments that "those who don’t improve, risk to be left behind."

Recently, supporting the industry to manage the risk and safety ahead of the implementation of the 2020 sulphur cap, RightShip called operators of ships more than 8,000 DWT to confirm their compliant fuel choices and ship implementation plans in a new compliance assessment. The ultimate target is to help the industry manage safety risks due to the sulphur cap.