On November 8, 2010, the “2010 SISI/KMI International Forum – Hotspot and Outlook of 2011 Global Shipping Market” organized jointly by Shanghai International Shipping Institute (SISI) and Korea Maritime Institute (KMI) was successfully held in Wyndham Grand Plaza Royale oriental Shanghai.

The Forum brought together well-known experts and scholars in China and South Korea as well as industry professionals, to jointly analyze the development of shipping in the two countries or even in the world. From a professional perspective, the Forum involved in-depth discussion and analysis on three traditional markets, i.e. container liner shipping, tanker and dry bulk markets, and an emerging market – Northeast Asian cruise market, with an aim of promoting the development of relevant industries in both countries, assisting governments in correctly predicting future tendencies, formulating right policies, and creating favorable investment environment.

Venue of “Hotspot and Outlook of 2011 Global Shipping Market” Forum

At the opening ceremony, Kim Hak-So, President of the KMI; Huang Youfang, Vice President of Shanghai Maritime University; Xu Peixing, Member of the Standing Committee of Shanghai Municipal CPPCC Committee and former Director-General of Shanghai Municipal Port Administration; and Kim Jung-Ki, South Korean Consulate General in Shanghai addressed the Forum, expressing cordial expectations for a successful convocation of the Forum.

The Forum consisted of speeches and discussions. Four experts from China and South Korea analyzed and forecasted the container, tanker, dry bulk and cruise markets, respectively, before hearing comments from anther four guests of the two countries.