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In your recent speech on the future of shipping, you highlighted the need for global cooperation among governments, industry, and energy providers to keep trade open while advancing decarbonisation. In today%u2019s fragmented geopolitical and regulatory environment, how realistic is that vision %u2014 and what are the biggest obstacles that still need to be overcome?It is safe to say that our industry is entering a significant period marked by regulatory uncertainty, geopolitical instability, and the realities of the energy transition. The most unsettling challenge today is the current geopolitical environment and conflicts in key regions, which have had operational impacts on major trade routes, particularly through increased voyage times, higher insurance premiums, navigational risks and, most importantly, risks to seafarers%u2019 safety and wellbeing.Shipping will, however, forge forward, as it always has. What needs to happen now, as we confront these challenges, is to continue working with governments, industry, energy providers, and seafarers. Only through collaboration and strategic partnerships will we overcome these challenging times while keeping global trade moving and advancing the energy transition.The growth of the so-called %u201cshadow fleet%u201d operating outside international rules is creating serious safety, environmental, and reputational risks for global shipping. What additional measures should governments, flag States, and international organisations take to tackle this problem and protect both seafarers and the marine environment?It is critical that our industry operates at the highest standards of safe, high-quality shipping. The current shift toward a more fragmented trading world risks undermining the global framework that has served international trade so well for decades. Fragmentation of markets and of the rules-based system threatens to reduce efficiency and increase costs, ultimately harming both the industry Seafarersmust be at the heart of all our decision-makingAn interview with Emanuele Grimaldi, Chairmanof the International Chamber of Shipping (ICS)In an era of geopolitical tension, regulatory fragmentation, and accelerating decarbonisation, the shipping industry faces mounting pressures. However, one priority remains constant: seafarers must be at the centre of every decision. In this interview, Emanuele Grimaldi speaks about protecting those who keep global trade moving and steering the sector through a period of profound change.May 2026 25