Archives for September 9, 2021

Maritime charities attract top industry speakers to share views on seafarers’ welfare on the inaugural day of London International Shipping Week

As the industry looks back on a hugely challenging year for seafarers, the four maritime charities will come together at Inmarsat to explore how technology will shape the future for seafarers’ welfare. The Mission to Seafarers in collaboration with The Seafarers’ Charity, Stella Maris and Sailors’ Society will be fielding their CEOs on each of the four panels.

This half-day afternoon conference, ‘Meeting the needs of seafarers in a digital age’, will be held on Monday 13 September both as an in-person and virtual format. It will be chaired by John Adams, Managing Director of V Ships UK, who also serves as Chair of the Bahamas Shipowners Association and Vice-Chair of the International Chamber of Shipping,

Dr Grahaeme Henderson, Chair of Together in Safety and Nick Chubb, Founder of Thetius will give keynote speeches. Panel Speakers include James Muir, CCO Ship Management, V.Ships, Mark O’Neil, Columbia Ship Management , Ronald Spithout, Inmarsat Maritime and David Gooberman, Isle of Man Ship Registry.

The first panel will focus on how companies responded to changing welfare needs during 2020 and the measures which will retain best practices going forward, whilst the second panel will discuss how to boost mental health digitally.

This will be then followed by a session on what investment is needed in crew technology to provide for better welfare provision, what are the obstacles and how this will impact on the bottom line. The final discussion will look at technology collaboration as a means of delivering seafarer services .

Conference Chairman John Adams is expecting this to be a highly interactive conference that creates important industry dialogue.

Speaking ahead of the upcoming conference, John Adams, said: “The pandemic wreaked havoc on shipping’s most important asset, its people. With this event, we hope to highlight and encourage all industry stakeholders – including ship owners, managers, charterers – to work together as a community to ensure that seafarer welfare is a priority for now and the future.

“As we continuously grasp the importance of technology as a tool for support during this trialling time for seafarers, we hope that many can join us for this insightful event so we can learn from each other and pin down the best method to ensure seafarer welfare is at the top of the agenda for both the industry and governments.”

The conference is free and can be attended both physically and virtually. To find out more about the event, the full agenda and details on how to register, please visit; https://www2.inmarsat.com/lisw-2021-crew-welfare

Global trade at risk of disruption without urgent action on zero-carbon shipping, finds Lloyd’s Register report.

New study from maritime professional services organisation points to potential future supply chain upheaval from energy transition uncertainty, with leaders calling for ambition to be turned into immediate action.

Leaders from across the global supply chain are calling for immediate action on maritime decarbonisation if a successful energy transition to zero-carbon supply chains is to be achieved.
Drawing views from leaders across the supply chain, a report from maritime professional services organisation Lloyd’s Register, titled “How To Make Shipping’s ‘Decade of Action’ a Reality” says the transition to zero-carbon shipping will be among the most significant in the sector’s history, with investments made today preventing future supply chain interruptions and minimising disruption to the backbone of world trade.

Currently, around 80% of goods transported worldwide rely on shipping and the maritime sector accounts for almost 3% of global greenhouse gas emissions. However, despite widespread commitment to addressing the decarbonisation of the sector, a lack of regulatory certainty and support from policymakers could see a rushed and uncoordinated transition, potentially leading to significant supply chain disruption.

Nick Brown, Chief Executive, Lloyd’s Register, said: “Our industry is no longer asking ‘if’ or ‘when’ decarbonisation should take place. We know we must act now and many of us are. The question that remains is ‘how’ will the maritime industry deliver meaningful change during this crucial decade of action.

“This report brings together expert views and insights from the public and private sector on what the global maritime industry needs to do to make this decade of change a reality. The challenge is immense, but the commitment is real, from many organisations and governments. Everyone involved in the maritime supply chain must play their part.”

The Lloyd’s Register study, produced in association with Longitude, the research unit of the Financial Times, found consensus among maritime experts that shipping companies, their customers, and governments, need to work together on global solutions before the urgency of the climate crisis forces the sector into disruptive and fragmented changes. Contributors to the report called for greater global regulation of shipping to head off the emergence of inconsistent national policies.

Jim Barry, chief investment officer, BlackRock Alternatives Investors, said: “The natural instinct of any industry will be to look to defer regulation, ‘How long can I drag it out?’ That’s the wrong instinct today and it’s not going to work this time because the climate is changing. There’s no ambiguity on that. The cost of this transition will be less the sooner you get your head around the future roadmap and the sooner you begin the adjustment.”

Contributors to the study also urged public and private sectors to work in unison to drive funding into the most promising emerging technologies and to support smaller businesses unable to decarbonise on their own. In addition, they emphasised the importance of infrastructure – such as alternative shipping fuels being available in ports – to ensure the ships of the future can deliver goods on a truly global basis.

Katharine Palmer, shipping lead, UNFCC High-Level Climate Champions, said: “The pace of change required needs to be ramped up. This is a climate crisis which requires an urgent response. The momentum is building, commitments are being made, the understanding of the transformation needed across the maritime system is there. We now need everyone to mobilise and convert understanding, awareness and commitment into action.”

There was consensus among maritime experts that the next decade presents a fundamental challenge to the future of shipping. With consumers, investors, and governments increasingly demanding zero-carbon solutions from the private sector, contributors to the report highlighted the risk of stranded assets, financial loss, and regulatory complexity if the maritime sector fails to proactively address the climate crisis. However, they also noted that shifting to zero-carbon shipping would deliver competitive benefits at a relatively low cost that can be comfortably absorbed across the supply chain.

Lindsay Zingg, senior director of sustainability, freight forwarder DSV Panalpina, said: “If you cannot offer a ‘green’ product, you will lose business – it is an absolute requirement. Our customers are constantly asking what we can do to lower CO2, and we will launch our green logistics programme later this year. Customers push us, we push our suppliers, and we will make a difference.”

ENDS

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