After a highly volatile 2020, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including how the developing emissions regulations may affect commercial fleets and shipping investments.
Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas freight markets; shipping investments, CO2 emissions, FFAs, metals and energy derivatives. Together, they give a taste of what to look out for in 2021. Continue reading “Simpson Spence Young publishes its 2021 Outlook Report”
In the midst of digital technology continuously changing the landscape of the international shipping industry and how ships are operated, market leading developers of smart water quality monitoring technology, Rivertrace Limited, has published a new white paper on digitalisation. If offers expert insight into the evolution of smart water quality monitoring technology and electronic reporting methods.
ICOMIA has produced a Ceramic Coating Yacht Industry Guideline as a result of their work with leading ceramic coating manufacturers, paint manufacturers, independent coating inspectors, coating supervisors and surveyors. The aim is to provide objective industry guidance on ceramic use on large yachts.
Class NK, the leading Japanese classification society, has published its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, which outlines the additional safety requirements of liquefied gas carriers that supply LNG fuel at sea.
Singapore’s Ministry of Health is tightening its COVID-19 control measures for its maritime workforce after a marine surveyor working for a leading class society and a harbor pilot tested positive for the disease.
The IACS Council has agreed at its 82nd Council Meeting (C82) to adopt a range of far reaching measures to prepare it to meet the long-term challenges faced by many associations in a time of rapid technological development, constant regulatory evolution and changing market dynamics. These measures include the move to an elected Council Chair in post for two years, an elected General Policy Group (GPG) Chair to join the IACS Secretariat in London, a move to simple-majority voting for the majority of decisions and an enhanced Chair’s Office to facilitate faster decision making.
Do you recall those days when we used to get together in a room to do some face-to-face training and networking? It seems an age ago already with Zoom and Teams taking over as the was to train. So, imagine my angst when the planned 7 day practical course at the Boat Building Academy in Lyme Regis, which had been under development for more than a year, was placed in jeopardy by the pandemic. It was unclear if we could run the event safely until just a couple of weeks prior. But I am delighted to say we managed to get the course away with a reduced number of 6 students.
Over the years, Karen Brain, Managing Director of Matrix Insurance Services Ltd, has spoken at various IIMS events, conferences and small craft seminars, both in person and online. Her input has been invaluable, her depth of knowledge is significant and is always much appreciated by surveyors.
The National Transport Safety Board (NTSB) has published its 104 page Safer Sea Digest in pdf format which can be downloaded at the foot of this article. The Digest shares lessons learned as a result of the Board’s many incident and accident investigations in 2019. The aim of the Digest is to focus those who read it on what can and does go wrong and how it can be prevented in the future.