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The Poseidon Principles Disclosure Report is good, but the disclosure could have been better (Forum)

In December 2020, the signatories of the Poseidon Principles—currently twenty large banks—released their first Annual Disclosure Report. As the first paragraph of the report says: “This report represents the first time signatories of the Poseidon Principles disclose the climate alignment of their ship finance portfolios. It marks a significant milestone in the joint efforts of …

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World Shipping Council pleads for more collaboration to mitigate Covid-19 challenges (Forum)

Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage says the World Shipping Council.  When demand dropped some 20-30% in Q2 2020, carriers curtailed services and idled vessels. However, as cargo volume rose, carriers redeployed those assets as quickly as possible. Alphaliner …

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The ongoing seafarer crisis: do charterers have hearts? (FORUM)

Widely regarded as the senior statesman of world shipping journalism, Michael Grey* offers in our FORUM section, another impassioned commentary and an urgent suggestion for the intervention of BIMCO on seafarers so inhumanly treated during the mounting COVID crisis. Do seafarers have souls? Are they sentient human beings, with natural rights, or, as the last …

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Tailwinds of 2020 (Forum)

  Shipping has faced some historically significant challenges this year, we opened the year with IMO 2020, the greatest change in fuel regulation in this century and we end the year still trying to come to grips with crew changes in such a time of crisis. How has the maritime technology sector fared? Well, here …

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Collaborative technologies for maritime transport at economies of scale (Forum)

by Mikael Lind, Research Institutes of Sweden (RISE), Adam Roark, AWS Transportation & Logistics, Amazon, Michele Sancricca, AWS Transportation & Logistics, Amazon, Almir Zerem, RISE, Hanane Becha, UN/CEFACT, Erminio Di Paola, HERE Technologies, Henk Mulder, IATA Never has the need for digital data sharing and processing at scale been more apparent than now. The growth …

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Melting sea ice makes Canada more, not less dependent on Icebreakers (Forum)

Climate change leads to more sea ice and higher risks for commercial marine shipping For more than ten months of the year, Canada’s Arctic is gripped by sub zero temperatures and its waters remain covered by ice. The sea ice found in these waters falls into two categories – fast ice and pack ice. While …

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New technology may weaken seafarers’ professional judgment (Forum)

  By Guro Kulset Merakerås A good sailor has traditionally been a person who makes decisions that ensure that their ship, cargo and crew are safe. Good seamanship has not been synonymous with following procedures and doing everything by the book. Maybe just the opposite. Opposing a set of rules that are perceived as irrelevant or …

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Montreal, a hub of excellence in intelligent transport and logistics (Forum)

  Open letter by Sylvie Vachon, President and CEO of the Montreal Port Authority, published following the recent interview with Jean-Philippe Décarie in La Presse.  As a recognized Canadian champion of growth, Montreal can and must maintain this enviable title. On the occasion of the C2 Mtl business event and the Relaunch Montreal Metropolitan Economic Movement, this …

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Three reasons the Arctic freeze is unseasonably late and why it matters

Summer minimum sea ice extent in the Arctic reached the second-lowest level on record in 2020 (NASA) By Mark Serreze. Research Professor of Geography and Director, National Snow and Ice Data Centre, University of Colorado. With the setting of the sun and the onset of polar darkness, the Arctic Ocean would normally be crusted with sea …

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How the Global Pandemic Put Container Shipping in the Spotlight (Forum)

By Claudio Bozzo, Chief Operating Officer, MSC Shipping is one of the oldest industries in the world. Today, around 90% of goods are transported by sea, 70% of these in containers. It takes a huge workforce to move all those goods from one place to another, in fact around 2 million seafarers are keeping trade …

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