Goodbye big ships. Hello profitability.
An interesting article by Kris Kosmala, Strategy for Business and IT, Technology Innovation (AI & optimization), Business Digital Transformation
Steps to grow UK's $6bn maritime businesses
A new report commissioned by trade promotion body Maritime London has set out 36 detailed recommendations to grow the UK's $6bn - ¬marine insurance, ship broking, legal, finance and classification industries.
Why maritime companies should now start smart with their data
In the data infographic, released by Shipbuilder today, you can discover the most notable advantages of switching to data-driven operations for maritime companies.
Record high seaborne US crude oil exports in June 2019
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019.
EGCSA launches global database to eliminate uncertainty around the operation of exhaust gas cleaning
With just 5 months until the entry into force of a global marine fuel sulphur cap of 0.50%, the number of ships fitted with exhaust gas cleaning systems (EGCS) by 1 January 2020 is set to be around 4,000.
Meet BIMCO’S Chief Shipping Analyst at JOC Container Trade Europe in Hamburg
Join Peter Sand at the JOC Container Trade Europe conference in Hamburg, Germany on the 17th of September.
Clean Arctic Alliance calls on Nordic Prime Ministers to support a ban on heavy fuel oil
Lead Advisor, Dr Sian Prior and Árni Finnsson from the Iceland Nature Conservation Association are calling on the Nordic Prime Ministers and the German Federal Chancellor to support the call for a ban on heavy fuel oil in the Arctic.
Download free sulphur marine fuel guide
A number of shipping, refining, fuel supply and standards organisations have worked together to produce Joint Industry Guidance on the supply and use of 0.50% - sulphur marine fuel.
Seafarers working on cruise ships and ferries among the unhappiest
Seafarer happiness levels across tanker, bulk carriers and container ship sectors close to global average this quarter.
MSI studies the implications of radical decarbonisation for the shipping industry
Consultancy highlights that those in the industry who believe commitments to cut carbon emissions will be achieved need to prepare for radical transition.
Singapore retains top spot as international shipping centre
Singapore has topped the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the sixth year running.
RhumbFleet introduces a new evaluation tool for merchant vessels
Rhumbfleet – a place to find information about any merchant vessel and share impressions from a contract on board a ship. A Unique project – that can help all seafarers over the world.
Sponsorship for 18 year old wheel chair tennis talent
The 18 years old daughter of Edwin Jansen, Operations Manager for Serromah Shipping in The Netherlands, have reached ITF world ranking top 30 and are heading for The Paralympics.
Empowering women in the maritime community
Over 350 participants from more than 70 countries around the globe gathered at the World Maritime University (WMU) for the WMU Empowering Women in the Maritime Community Conference.
Six Months' Countdown to the 'Global Sulphur Cap'
With six months to go until the implementation of the 'Global Sulphur Cap' the International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new regulations.
IMO: the chance of postponing 1 January 2020 deadline is zero
“The chance is really zero. Procedurally, there is no mechanism that would allow the 0.50% regulation, as it stands right now, to change from 1 January 2020,” says Kenney at the IMO’s headquarters in London.
BIMCO Shipping Market Reports JUNE 2019
The slowing growth in advanced economies will especially harm global trade. According to the IMF, growth in advanced economies is projected to slow from 2.2% in 2018 to 1.8% in 2019 and 1.7% in 2020.
Capesize ships pose a threat to the already fragile market balance
Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships.
Singapore still on top
The Leading Maritime Capitals report for 2019 is out, with fresh insight on which maritime metropolises provide the best support for companies in shipping and related services.
Microsoft joins tech race to clean up shipping with Big Data
M12, Microsoft venture arm, has announced a $11 million Series A funding round for Nautilus Labs, a New York startup that uses artificial intelligence (AI) for fuel efficiency on ships.
Introduction to Sargasso
SARGASSO is an open maritime innovation and collaboration platform connecting your challenge or idea with the right brains to reach solutions, partnership and business.
10th Maritime Employee Survey reveal decreasing confidence in shipping industry job security
Over half of shore-based maritime employees are actively looking to change jobs and nearly two thirds are worried about job security.
U.S. Coast Guard Addresses Female Retention Gap
The U.S. Coast Guard has published the results of a wide-scale Rand Corporation study on female servicemembers' retention, and it intends to institute a range of personnel policy changes in response to the findings.
Obesity, mental ill health and gender discrimination among seafarers on the up
Several female respondents also reported incidents around gender-based discrimination and sexual harassment at sea. Last year’s index had the highest number of female participants to date.
Authors of Energy Transition Outlook make its dataset freely available
The authors of the Energy Transition Outlook have made available for free the large forecast data set. DNV GL is encouraging stakeholders in the energy supply chain to use the information to develop their future strategic options.
Brazilian soya bean lifts Panamax and Supramax bulker freight rates
Brazilian soya bean exports are up 85.2% in the first two months of 2019, compared to the same period in 2018. This comes on the back of record high exports in 2018 of 83.6 million tonnes, a 22.7% increase from 2017.
WISTA launch pledge for inclusion of women in the maritime industry
The Women’s International Shipping & Trading Association (WISTA) is proud to launch its inclusion pledge. The pledge addresses the underrepresentation of women in the maritime industry.
Smart Maritime Council to drive collaboration among technology providers
New industry body to explore issues of collaboration, interoperability and standardisation in the application of technology in the shipping and logistics sector.
Trade war cease-fire is good news for the dry bulk sector
Following an almost total halt in exports of soya beans to China in the last quarter of 2018, the new year has brought new hopes for American farmers and the dry bulk shipping sector.
US container imports break records but uncertainty lies ahead
Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017.
Transport in 2040: How automation and technology will impact the future of work
On 15 January the International Transport Workers’ Federation (ITF) and the World Maritime University (WMU) launched a flagship report entitled: “Transport 2040: Automation Technology Employment - the Future of Work”.
Only two Panamax bulkers demolished in 2018
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year.
The Ultimate Beginner’s Guide to Astronomy
This guide will explain how to get started with astronomy. We’ll cover practical issues like basic equipment and potential stargazing locations, along with ideas for activities.
Trade war leading to headwinds for the fragile dry bulk recovery
“The weaknesses in Panamax and Supramax earnings in recent weeks is likely to be linked to the lower demand for seaborne transportation of US soya bean exports as compared to previous seasons”
BIMCO Oil Tanker and Dry Bulk shipping market outlook No.4
Tanker Shipping: Winter is coming, random shocks can be powerful – but only fundamental improvements last. Dry Bulk Shipping: BDI weakness in Q4, as the trade war limits demand growth and demolitions stall.
BIMCO on CNBC Worldwide Exchange, Oil and Iran sanctions
Peter Sand, BIMCO Chief Shipping Analyst, discusses the new U.S. sanctions on Iran, and what that will mean for the global energy market.
Fulfilling Africa's Maritime Trade Potential
Africa currently has minimal integration in world trade, but this is an enormous opportunity for the world’s youngest and second-most populous continent, states UNCTAD's newly-released Review of Maritime Transport 2018.
When the Ice Melts, What Will Happen to Arctic Tourism?
Blog post by Mia Bennett
Free download of Review of Maritime Transport 2018 by United Nations
UNCTAD’s Review of Maritime Transport 2018 identifies seven key trends that are currently redefining the maritime transport landscape and shaping the sector’s outlook.
Watch: Interview: Peter Sand, BIMCO
Video Interview: Peter Sand talks to Alex Younevitch about the container market and the challenges that it is facing from the escalating US-China trade war, the upcoming IMO 2020 regulation, and tonnage oversupply.
Shipping is increasingly caught in the trade war line of crossfire
Once again, the already long list of tariffed goods has been made even longer. Many more commodities were hit on 23 August, but September is likely to dwarf it all, as the US has proposed slamming tariffs on goods worth USD 200 billion.
BIMCO Shipping Market Outlook
BIMCO Shipping Market Outlook for Container and Dry Bulk Shipping September 2018.
Brussels is a bigger threat to an orderly Brexit than London
In the event of a no-deal Brexit, EU citizens would be right in asking why the EC did not show more willingness to reach an agreement, the CEO of UK Chamber of Shipoing writes in this article for City AM
China’s Maritime Silk Road Initiative
The implementation of a Chinese Maritime Silk Road via the Mediterranean cannot succeed unless there is a way to bridge the gap between economic interests and the capacity to protect those interests.
A historically bad crude oil tanker market struggles to find solid support
Crude oil tanker earnings have since records began, never been this bad. Loss-making levels for an industry which needs a much-improved fundamental market balance to lift freight rates above break-even levels into profitable territory.
Connectivity now fundamental to seafarer happiness.
The Mission to Seafarers today published the latest of its ongoing Seafarer Happiness Index reports, which revealed a growing link between onboard connectivity and seafarer happiness levels.
Survey on Gender Equality and Cultural Awareness
The international team of researchers in the "Gender Equality and Cultural Awareness in Maritime Education and Training" (GECAMET) study invites you to fill a questionnaire.
Think like hackers, act like engineers
Industry needs to ‘think like hackers, act like engineers’ says leading cyber expert ahead of major industry conference.
A new pace of construction at the Turku shipyard
A month after the successful delivery of New Mein Schiff 1, the next ship in line, New Mein Schiff 2, has been today floated out at Meyer Turku shipyard.
BIMCO June 2018 Market Outlook
A mixed bag in the container shipping market. Recovery still on track for 2018 in dry bulk - 2019/2020 looks less promising.
Soya bean trade lanes may change due to the ongoing trade war
The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.
China Starts Trading in Crude Futures
The Shanghai International Energy Exchange launched trading of yuan-denominated crude oil futures contracts on Monday.
US seaborne exports of oil products at an all-time high
Following a seasonal surge in December 2017, the US seaborne export of oil products (materials derived from crude oil) reached the highest annual level ever, in terms of volume and tonne miles demand.
Seafarers’ Awards will honour outstanding contributions to seafarer welfare
The Awards will be presented at the upcoming Seafarers' Awards Dinner, which will take place on 11 May 2018 at the InterContinental Hotel, Middle Street, Singapore.
Collaboration in the Shipping Industry: Innovation and Technology
We are seeing news of digitalisation in the maritime industry across the world. Traditional shipping companies have paired up with technology companies, and the result of these partnerships are innovative and transformative.
Danish Mariners riding against cancer 2018 from Montreal to Quebec
Funds raised through The Ride are put to use immediately to attract and retain world-leading doctors, scientists and researchers to implement the most promising cancer research programs and treatments.
Hot Water Thrown on Pirates
An attack by suspected Abu Sayyaf pirates was thwarted on Friday after boiling water mixed with oil was poured on the men as they tried to board the vessel.
China breaks new ground… again
Chinese seaborne imports of iron ore, coal and crude oil have all grown strongly throughout 2017. Both seaborne imports of crude oil and iron ore have reached the highest levels ever recorded, while coal reached the highest level in three years.
Stowaway Bird Gets its Own Cruise Ship Cabin
A stowaway galah, a type of Australian cockatoo, has enjoyed a luxury cruise around New Zealand after biosecurity officials allowed it to stay on the vessel.
Five Global Shipping Trends to Watch in 2018
Overall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rate levels. Will the positive recovery continue?
 The most important agenda for the shipping community in 2018
Hear what Angus Frew, #BIMCO CEO & Secretary General, sees as the most important agenda for the shipping community in 2018.
Will the dry bulk industry become profitable in 2018?
It looks like 2018 will be a year that shipowners should take advantage of, as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, and BIMCO sees global demand growth outstripping supply growth in 2018.
US crude oil exports now more important to shipping than US oil product exports
The United States (US) government lifted their restrictive policy on crude oil exports in December 2015.
Good housekeeping essential to keep a vessel ship-shape
The American Club launches free pocket guide to maintaining a safe working environment on board
Call for United Front on Cargo Safety
Four industry organisations representing different sectors of the supply chain have been drawing attention, in particular, to the responsibilities of container owners and operators.
BIMCO November Shipping Market Overview & Outlook 2017
Dry bulk shipping: Take good care of the recovery. Tanker shipping: Q4 only delivers temporary upside as overcapacity remains an issue. Free download of full report.
Seafarers UK calls for corporate teams to take on the 24 Peaks Challenge
The UK maritime industry’s most rewarding team-building event is on 7-8 July 2018, when up to 30 teams of trekkers will take on Seafarers UK’s 24 Peaks Challenge.
Suicidal thoughts – a seafarer's story
The BBC have made a short film, highlighting one seafarer's struggle with mental health issues at sea.
Sailors’ Society offers free Wellness at Sea training to eLearning site testers
Maritime welfare charity Sailors’ Society is calling for 200 seafaring volunteers to test the pilot version of their online Wellness at Sea coaching programme.
Navigating Change - A Review of the UK Maritime Welfare Charity Sector
Two-day ‘Supporting Seafarers’ conference to coincide with launch of ten-year research report
See Faststreams leadership employment report
Faststream have kindly allowed MARPRO to share the full thought provoking report with our audience.
To sea or not to sea
UK Chamber of Shipping have launched a new, broadcast quality advert as part of the Careers At Sea campaign.
The 9th annual Maritime Employee Survey is launched today by leading maritime recruitment specialists Halcyon Recruitment and online training provider Coracle Online.
Shipping Industry Outlook - Sept. 11. 2017
This is a shipping industry outlook webinar, hosted by Andrew Mina, Assistant Manager, Training and presented by Peter Sand, Chief Shipping Analyst at BIMCO.
We have seen too many accidents with lifeboats resulting in fatalities and injuries. This pamphlet provides the master and crew with solid, experience-based advice on the use of fall preventer devices (FPDs) during lifeboat operations.
See hurricane Harvey from above
Although the pictures of the devastation of Hurricane Harvey on Earth leave little to the imagination, seeing it from space confirms the enormous power the hurricane had.
A useful guide to the various types of dry cargo and tanker ships operated around the globe
Listen to the BBC's radio programme on shipping and seafarer mental health
The UK Chamber of Shipping's communications manager, Holly Birkett (pictured above), joined broadcaster Dan Damon and guests from across the shipping industry for an hour-long programme on the BBC World Service on Friday.
Seafarer survey regarding mental health
Safety at Sea magazine wants to hear from you, the seafarer, about the most important issues impacting crew today.
Live webcast Total Eclipse
Nasa prepares for August 21 Solar Eclipse with live stream
Speed record set for reaching the North Pole
A new speed record for reaching the North Pole has been set by Russia's nuclear icebreaker 50 Let Pobedy, making the journey from Murmansk to the North Pole in just 79 hours.
Former Prime Minister Paul Martin Awarded Third Annual Samuel Cunard Prize
Former Prime Minister Paul Martin Awarded Third Annual Samuel Cunard Prize for Vision, Courage and Creativity
International Chamber of Shipping Publishes Annual Review for 2017
The 2017 ICS Annual Review is intended as a comprehensive overview of all the major issues faced by the global shipping industry, and in which ICS is engaged on behalf of its member national shipowners’ associations.
Rough waters or calm seas for shipping consultants?
Some would say that not so very long ago, shipping consultants had it easy. In many ways, they had a clear playing field and a warm audience of solution-hungry owners and operators.
European Commission about to fund 10 new blue growth projects
The European Commission has selected six 'blue career' and four 'blue labs' projects for funding under the European Maritime and Fisheries Fund (EMFF).
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