Subscribe to our Mailing Lists (It's free!)
Thursday, July 10, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    IMO piracy

    IMO Piracy Report: Twenty five incidents during May 2025

    Dryad Global

    Dryad Global: Geopolitical tensions continue to shape maritime landscape

    ireland drug seizure

    Ireland’s largest drug smuggling plot leads to eight men in jail

    limpet mines tankers

    Greek tanker fleet boosts security amid limpet mine fears

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

    clean air act

    California updates ballast rules for water from low salinity areas

    biofuels

    India’s DGS issues biofuel bunkering guidelines

    biofuel

    Companies sign deal to advance crude lignin oil biofuel

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

    connectivity

    Innovating ocean safety: Intellian’s unified vision for connectivity and GMDSS

    autonomous navigation

    New deal aims to advance autonomous navigation technology

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    Panama Canal

    Panama Canal reports increase in transits despite dry season

    UNCTAD

    UNCTAD: Global trade endures policy changes and uncertainty

    Eternity C

    Watch: Eternity C sinks in the Red Sea following Houthi attack

    newbuildings xclusiv shipbrokers

    Xclusiv Shipbrokers: Newbuilding momentum slows sharply in 2025

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    IMO piracy

    IMO Piracy Report: Twenty five incidents during May 2025

    Dryad Global

    Dryad Global: Geopolitical tensions continue to shape maritime landscape

    ireland drug seizure

    Ireland’s largest drug smuggling plot leads to eight men in jail

    limpet mines tankers

    Greek tanker fleet boosts security amid limpet mine fears

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

    clean air act

    California updates ballast rules for water from low salinity areas

    biofuels

    India’s DGS issues biofuel bunkering guidelines

    biofuel

    Companies sign deal to advance crude lignin oil biofuel

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

    connectivity

    Innovating ocean safety: Intellian’s unified vision for connectivity and GMDSS

    autonomous navigation

    New deal aims to advance autonomous navigation technology

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    Panama Canal

    Panama Canal reports increase in transits despite dry season

    UNCTAD

    UNCTAD: Global trade endures policy changes and uncertainty

    Eternity C

    Watch: Eternity C sinks in the Red Sea following Houthi attack

    newbuildings xclusiv shipbrokers

    Xclusiv Shipbrokers: Newbuilding momentum slows sharply in 2025

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Sustainability in Shipping: What has it got to do with insurers?

by Alvin Forster
June 1, 2022
in Opinions, Sustainability
sustainability report

Credit: Shutterstock

FacebookTwitterEmailLinkedin

It is well established that for shipowners and operators to meet the IMO 2030 and 2050 greenhouse gas targets (or indeed a company’s pledge to be ’net-zero’ by a specific time), changes will be needed in how vessels are designed, built and operated, explains Alvin Forster in SeaSense column, our special column in association with the North P&I Club.

Unlike the 2020 sulphur cap, where owners were faced with a small number of options to achieve compliance (distillate fuels, VLSFOs, scrubbers and, to lesser extent, LNG), the road to lower CO2 emissions is destined to be far more complex. The options on how to reduce emissions are numerous, and there is no clear ‘winner’ that is favoured by shipowners. To complicate matters further, many of the proposed options are subject to an underdeveloped infrastructure.

As such, marine insurers must keep up with these technological developments in power generation and advancements in efficient ship operation. Each element of each solution present unique risks – many of which have not been previously considered. Quite simply, we have to understand the risks that shipowners and charterers will be exposed to by the introduction of new technology – we cannot get caught out through failing to spot a change in risk or an emerging risk.

RelatedNews

IACS reports progress on decarbonisation & digital transformation

GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

For example, ammonia is widely mooted to be a significant fuel of the future – and while we have experience of this substance in refrigeration systems and we are all familiar with the risks associated with its toxicity and flammability, we must undertake a thorough risk analysis when considering its application as a marine fuel.

The introduction of new fuels is likely to bring with it new technological solutions, and with any technology there is the human-machine (or human-system) interface to consider. Despite advances in technology, the human element remains as a significant contributory factor when things go wrong and lead to insurance claims. We are not just talking about bog-standard ‘human error’, but also ‘error traps’ where procedures are written or the system is built in such a way that a mistake is almost inevitable. This is why the industry needs to make sure that crews and vessel operators keep up with technological advancements.

The navigational incidents that were attributed to the incorrect use of ECDIS shows us that new technology cannot just be thrust upon the crew and expect them to deal with it. The same principle applies when installing dual-fuel engines, energy saving devices, auxiliary means of power and changes in operational practices.

The challenges associated with new fuels and new tech aren’t all operational. Each solution carries with it commercial risks that owners and charterers should be aware. Whether experimenting with low or zero carbon fuels or biofuel blends, installing power limitation devices or making efficiency improvements, it is very likely that cooperation between owners and charterers will be required and charterparties reviewed. A simple example is how you speed and performance warranties might be affected. Or which party is contractually liable for tank cleaning or for paying for the modifications needed for using the new fuel?

As a P&I Club, we encourage our Members to involve us in these processes. Our loss prevention team can help provide support on the operational and technological aspects, whereas our claims team and in-house lawyers help to make sure your contractual liabilities are addressed. In summary, there are some big changes ahead in ship design and operation – insurers need to know the risk.

 

Sustainability in Shipping: What has it got to do with insurers?

Sustainability in Shipping: What has it got to do with insurers?Sustainability in Shipping: What has it got to do with insurers?
Sustainability in Shipping: What has it got to do with insurers?Sustainability in Shipping: What has it got to do with insurers?
Tags: Environmental Social Governance (ESG)future of shippingmarine insuranceNorth ClubSeaSensesustainability
Previous Post

AMSA: How to manage fatigue onboard

Next Post

SSI: Demand for ESG to become a key priority for shipping in the coming years

Alvin Forster

Alvin Forster

Alvin joined North in August 2011, after previously working as a Marine Engineer Surveyor/Consultant and as a Technical Superintendent within a shipping company. A qualified Chief Engineer, his seagoing experience included 12 years at sea as an Engineer Officer on passenger ships. Alvin is involved in all aspects of loss prevention and survey.

Related News

floating data centres
Smart

New partnership to develop floating data center on retrofitted vessel

July 7, 2025
nuclear power
Green Shipping

Nuclear shipping inches closer to reality: Latest developments

July 3, 2025
Germany shadow fleet
Shipping

German Government increases vigilance in the Baltic Sea

July 2, 2025
Shortlisted nominees announced for the SAFETY4SEA-EUROPORT Awards
Shipping

Shortlisted nominees announced for the SAFETY4SEA-EUROPORT Awards

July 2, 2025
Kyushu University develops a new way to estimate the age of microplastics
Green Shipping

AMSA issues call for a Plastic Free July

June 27, 2025
nuclear power
Green Shipping

IMO agrees to revision of regulations for nuclear-powered ships

June 27, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA