Tag: shipping industry

Marine insurer Allianz Global Corporate & Specialty SE (AGCS) issued the Safety & Shipping Review 2022, explaining that while the Covid-19 pandemic resulted in few direct claims for the marine insurance sector, the impact on the welfare of crews and the boom in shipping and port congestion, exacerbated by the Ukraine invasion, raises potential safety concerns.

Comprising several different actors and stakeholders in an international setting, as well as falling into global and regional regulatory frameworks, shipping can be considered as a complex industry requiring extensive knowledge from anyone desiring to be a part of it. So, what are the vital issues that seafarers have in mind when starting their career in a pluralist sector?

Marine insurer Allianz Global Corporate & Specialty SE (AGCS) issued the Safety & Shipping Review 2022, explaining that large vessels continue to drive ever-higher exposures, with fires, container and carrier losses, hazardous cargo, costlier salvage operations and issues with port of refuge leading to oversized losses and general average becoming more frequent.

While several landmark agreements have been put into force over the years to minimize the impact of shipping activity to the natural environment, the vast presence of shipping makes some of these impacts hard to eliminate. Shipping traffic has increased 300% in the past two decades, with some of the world’s busiest shipping routes overlapping with marine life habitats, according to WWF. What does this mean for marine ecosystems?

The Baltic Exchange has issued its reports for the last week, 30 Apr - 6 May, to provide information about the tanker and bulk market performance.

The Baltic Exchange has issued its reports for the last week, 16-22 April, to provide information about the tanker and bulk market performance.

European Maritime Safety Agency (EMSA) released its monthly report focusing on the impact of COVID-19 pandemic in shipping traffic. By analyzing ship calls at EU ports it was found that when comparing year 2021 with 2019, the number of ships calls at EU ports increased by 3.2%.

The Baltic Exchange has issued its reports for the last week, 16-22 April, to provide information about the tanker and bulk market performance.

The Baltic Exchange has issued its report for the last week, 2-8 April, to provide information about the tanker and bulk market performance.

In its most recent weekly update, Baltic Exchange reports about the recent trends in the tanker and dry sector.