Tag: trends

Insurance industry losses from Covid-19 are estimated at around $44bn, says Allianz in its recent Global Claims Review 2022.

Activity around environmental, social and governance (ESG) and sustainability issues is increasing as governments and citizens exert pressure on businesses to change their ways for the greater good, says Allianz says in its recent Global Claims Review 2022.

Using internet today is like breathing air. While you cannot see it around, it is of outmost importance for the proper function of everyday activities. Of course the seafaring profession does not remain unaffected, as the increasing digitalization onboard, provide many benefits, as well as drawbacks.

Advancing technology is enhancing maritime safety but shipping needs greater transparency, distress call interoperability, updated training and better crew retention to verify continuous improvement, notes a recently-published report by Inmarsat. 

The shipping environment is constantly changing rapidly due to digitalization. Taking this into consideration, it is only natural for the work and the needs of the future seafarers to be different than today. To understand the world of the seafarers of 2050, we must first examine the ships they will be working on, the lives they will lead, and the future global trading environment.

Similarly to the whole world, shipping operates today in a fully digitalized environment. However, this was not always the case, with maritime making advancements in this area decade by decade. However, it is interesting to explore how shipping’s digitalization journey has involved over the years.

Spinnaker revealed the results of their Remote and Hybrid Working report, with 86% of respondents stating that they have introduced some form of remote working, post-pandemic.

A summit of more than 100 CEOs and government representatives unanimously agreed to establish an international cross-sectoral collaboration platform to help decarbonise the shipping industry, in London. 

McKinsey published its 2021 ESG Report, presenting a framework that outlines specific ambitions and actions that will enable the world to accelerate sustainable and inclusive growth.

The Standard Club published FAQs, answering a number of questions that are frequently asked relating to decarbonisation and alternative fuels.