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New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage

28 July 2021

Launched today, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of officers by 2026. Given the growing demand for STCW certified officers, the Report predicts that there will be a need for an additional 89,510 officers by 2026 to operate the world merchant fleet. The report estimates that 1.89 million seafarers currently serve the world merchant fleet, operating over 74,000 vessels around the globe.

Transparency and dialogue between owners and charterers key to crew change challenge

20 January 2021

World trade has to flow - we get that. Charterers have contractual obligations under short term spot charters that sometimes leave little room for delays - we get that too. Owners are responsible for managing and relieving their crews - that's not in doubt either. But what we don't accept is that a minority of charterers may simply be looking the other way when they are presented with a ship that also happens to be in need of a crew change. We don't expect charterers to foot the bill and we recognise that hiring ships is a matter of commercial negotiation - but we see no reason why charterers and owners should not have an open and honest dialogue to try to find a solution for much needed crew changes.

COVID-19 Extension on crew certificates

05 August 2021

Providing members with the latest information on extensions to crew certificates by various states in the wake of the Coronavirus (COVID-19) outbreak. The page might be updated several times per day, so please check back for the most recent information.

Demolition report dated 4 January 2019

07 January 2019

After a slightly sluggish festive period (in terms of sentiment and pricing) and as the industry head into the New Year, there was brewing optimism for a return to form in the subcontinent ship recycling markets. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.