Tag: sustainability

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IMO announces new partnership to address biofouling

The IMO announced the launch of a collaboration with the Global Environment Facility and the United Nations Development Programme, aiming to address the negative environmental impacts of the transfer of aquatic species through ships. The GloFouling Partnerships project is expected to drive actions to implement the IMO Guidelines for the control and management of ships’ biofouling.

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Seychelles issues world’s first sovereign blue bond

The Republic of Seychelles has launched the world’s first sovereign blue bond, according The World Bank. The bond, which raised US$15 million from international investors, is a pioneering financial instrument designed to support sustainable marine and fisheries projects, demonstrating the potential for countries to harness capital markets for financing the sustainable use of marine resources.

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ABS: Guidance on smart function implementation

ABS issued guidance providing the marine and offshore industries an actionable framework for owners, operators and manufacturers to take smart steps today in preparation for an environmentally sustainable future. The 'ABS Guidance Notes on Smart Function Implementation' support data infrastructure development, enabling health and performance monitoring, and augmenting vessel operations.

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Entering an era of change and opportunity

While speaking at the last SAFETY4SEA Conference in Athens, Mrs. Carleen Lyden Walker, Co-Founder/Executive Director of NAMEPA, emphasized sustainability as an opportunity of success and change for the shipping industry. Never before the recorded history has so much change and disruption occurring at such an accelerated pace, she argued, providing several examples of how many changes the industry has seen over the recent years, and how the industry can benefit.

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