Trends News

In today’s shipping industry, we’re seeing multiple factors which are impacting smaller shipping companies making it challenging to remain independent, however smaller operators bring unique values to the industry and we must encourage their success.Changes to environmental regulations such as sulphur cap, EEXI/CII, 2030/50 GHG targets and the ETS being introduced by the International Maritime Organization are all direct threats to the independence of smaller ship owners. These businesses simply do not have the capacity…

Due to a confluence of factors, COVID-19 has adversely impacted merchant mariners more than virtually any other profession. The merchant marine is an international profession from a wide variety of countries, so there is no one nation standing up to represent them.The ships on which they sail are registered in numerous nations, heavily weighted toward small countries with limited influence on the world stage. The ports at which the vessels call tend to be more concerned about the health of the local community than the welfare of seafarers…