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The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to support the decarbonisation of the industry.
The two measurements of Purchasing Manager Indexes (PMI) of Manufacturing both came in unchanged from the month before – unprecedented in itself, and only somewhat encouraging for the industries depending on continued expansion of the manufacturing sector.
BIMCO, ICS and other industry partners have teamed up and presented the IMO with a list of recommendations for governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic.
In Athens last week, the leaders of the major shipping industry trade associations agreed to work together to prioritise seafarers.
As pressure on industries, governments, and companies to decarbonise increases, so does the need for the shipping industry to inform the public and decision makers and increase transparency about the industry’s efforts to decarbonise.
The fourth edition of the industry cyber risk management guidelines, Guidelines on Cyber Security Onboard Ships is now available and lays the foundation for further improvements and refinement of companies’ cyber security risk assessments.
A working group focusing on vaccinations within the shipping industry supports seafarers being vaccinated using WHO EUL approved vaccines provided by appropriate agencies in Member States.
BIMCO expected newbuild activity to pick up, so the recent development is not surprising. It is however not what the industries needs. As the dry bulk -, crude oil - and oil product tanker shipping sectors are all struggling with very low freight rates, it is important that the recent development in contracting activity reflects a short-term trend.
In January 2021, BIMCO will be inviting the industry to view and offer feedback on the new Ship Sale Agreement in the pipeline. The new form is on track for publication in 2021.
These documents provide the most recent information available affecting merchant ships in the Red Sea, Gulf of Aden, Gulf of Oman and Western Indian Ocean.
