Anshul Tuteja

Anshul is the Vice President of Energy Strategy and Decarbonization at Norwegian Cruise Holdings Ltd.

He has a Bachelors Degree in Marine Engineering and an MBA in International Business from Baruch College.


Anshul’s Background

I am an engineer and served as a sailor for 5 and a half years. Motivated to contribute more to the environmental aspects of marine operations, I decided to pursue an MBA. Baruch, located in the heart of the city, caught my attention. Initially, I focused on an MBA in Operations Management, but after Lene introduced me to the International Business (IB) curriculum, I realized it would broaden my perspectives and teach me about global-scale efficiency.

Anshul’s MBA in International Business

Many of our classes involved working on case studies in groups, which exposed us to various perspectives and diverse ideas. Although those specific case studies weren’t directly applicable, they significantly broadened my outlook. As an engineer, I realized my thinking had been quite narrow-minded. The IB program greatly expanded my ability to understand, learn, and adapt, particularly when interacting with numerous cultures and nationalities.

Anshul on the Shipping Industry

We have 70,000 vessels navigating the global oceans, moving 90% of the world’s GDP. Despite its scale, the shipping industry lags in technology adoption due to its fragmentation and lack of standardization. This results in continued use of outdated internal combustion engines and environmentally harmful fuels. After understanding these impacts, we’ve committed to driving change. Collaborating within a corporate structure allows us to implement radical innovations and encourage industry-wide adoption. The shift includes enhancing IC engine technology to accommodate low-carbon fuels and exploring new energy sources like wind. The shipping industry, however, faces challenges due to its high energy demands for long voyages. While fossil fuels currently meet these needs, the development and scaling of new fuels and technologies are underway, promising a more sustainable future. Collectively, we acknowledge the progress made and remain optimistic, viewing ongoing challenges as opportunities.

Anshul on Change

I think that the biggest change that my work/collective work across Maersk, Royal, and elsewhere in the last 10-12 years has brought is regarding data. Data had previously not been as well utilized to its full potential. The change I have brought has to do with data collection, engineering it, effectively utilizing these models and algorithms, and lately incorporating machine learning and AI to enhance intelligence and business operations. This change has been brought about throughout the sector.

Anshul on Change Agents

We need a combination of different agents working together. Regulations can’t facilitate change on their own because they can be slow/lack clarity on what the industry requires. There are many other stakeholders that make a difference including companies aligning with more green interests and the public holding the industry accountable. Ultimately, there has to be a balance while working within the industry. Additionally, Innovation and collaboration will be key to drive change.

Anshul on Why Maritime

Shipping Stays Relevant: Global trade will continue to grow, and shipping will be a big part of enabling it.

Shipping Industry is International Business in Real Action: Shipping allows you to interact with different officers, cultures, and nationalities both onboard the ships and at the offices. In a single year, cruise ships go to over 1000 + ports all around the world. As such, you can imagine the global reach that the industry has.

The industry is ready for change: Shipping is an industry ready for change. This is especially because its sister industries have moved forward, showing that there is a lot of scope for improvement. We need smart innovative minds to join forces and experience the scale of international business being executed/created in a responsible & sustainable way. This is the place you’d be able to put all your knowledge into action to create change.

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