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Enclosed space deaths continue to be one of the biggest occupational hazards on board ships.
The coronavirus pandemic has shutdown much of the US economy for months and even as parts of it reopen, the data is beginning to reveal the extent of the damage that has been done and a slow recovery is taking a tentative shape.
In the wake of recent high-profile frauds, building trust and transparency has become an urgent priority for the bulk shipping industry. Digitalisation is a key tool in achieving this goal, as it allows for the creation of multiple "golden sources" of data that promote end-to-end integrity – reducing the risk of fraud and driving sustainable growth. This article is by Oswald Kuyler, Chief Operating Officer at MonetaGo. See him at our webinar " Reducing fraud through digitalisation " on 9 May.
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. This especially holds true for the commercial shipping markets, which remain heavily reliant upon China, both on the import and export side.
BIMCO hosted a lively panel discussion at Posidonia. The panellists had different roles and came from different corners of the world but agreed on one thing: the need for the right marked-based measures at the right point in time. They also agreed that decarbonising shipping is a collective effort that cuts across many industries.
The guidelines are based on shared best practices put together by the Vehicle Carrier Safety Forum (VCSF), a consortium of ship operators, insurers and industry experts, whose role is to promote safety on ships that carry vehicles.
Digitalisation has taken on a new urgency in the light of the COVID-19 pandemic, in particular when it comes to digital data exchange in ports, and for facilitating trade and logistics in general. BIMCO and other maritime NGOs are inviting public and private players to help create global digital ISO standards to facilitate the digital exchange of data.
This bi-annual threat assessment has been written by EU NAVFOR and Combined Maritime Forces (CMF).
