Dubai is ranked the best shipping centre in the Arab world and fifth globally

Dubai has been ranked the best shipping centre in the Arab world and the fifth best globally this year, making it the only Middle East city on the top 10 list.

Singapore retained its rank as the top international maritime hub for the ninth consecutive year in 2022, according to the Xinhua-Baltic International Shipping Centre Development (ISCD) Index. The top five international shipping centres in 2022 are Singapore, London, Shanghai, Hong Kong and Dubai.

The index provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services. Continue reading “Dubai is ranked the best shipping centre in the Arab world and fifth globally”

ClassNK updates its Guidelines for Remote Surveys

ClassNK updates its Guidelines for Remote Surveys
ClassNK updates its Guidelines for Remote Surveys

Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for remote surveys.

ClassNK has been working on the advancement of surveys using digital technology in line with its R&D roadmap and Digital Grand Design 2030, and published the guide. Incorporating outcomes of investigation and examination for providing the standards in the application of remote surveys to ensure reliability equivalent to conventional witness surveys with transparency, the guidelines have described the types of surveys that can be applied, the types and amounts of information required for remote surveys, and the requirements for the use of ICT.

In the Ver. 2.0, ClassNK has made revision for the clarification of selection of equipment and communication infrastructure, and the class Continue reading “ClassNK updates its Guidelines for Remote Surveys”

Latest flag state performance table published by International Chamber of Shipping

Latest flag state performance table published by ICS
Latest flag state performance table published by ICS

The International Chamber of Shipping (ICS) has published the latest flag state performance table (2020/2021) which finds that many of the largest flag states, including the Marshall Islands, Hong Kong (China), Singapore as well as the Bahamas and Cyprus, continue to perform to an exceptionally high standard, with traditional flags and open registers performing equally well.

ICS Secretary General, Guy Platten, says: “The flag state performance table clearly indicates that distinctions between ‘traditional’ flags and open registers are no longer meaningful. Alongside several European registers, and flags such as Japan, we have seen many open registers amongst the very top performers”. Continue reading “Latest flag state performance table published by International Chamber of Shipping”

New quality standard DryBMS to be launched for the dry bulk sector

New quality standard DryBMS to be launched for the dry bulk sector
New quality standard DryBMS to be launched for the dry bulk sector

RightShip and INTERCARGO have announced the launch of an important new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new NGO to be established later this year and will support the improvement of safety in the dry bulk segment.

Both organisations have strongly and consistently advocated the need for significant improvements to dry bulk safety standards. In August 2020 both organisations combined their expertise to create a single framework for the whole industry. Supported by the International Chamber of Shipping (ICS) and BIMCO, DryBMS now exists as a simple set of best practices and key performance indicators and raises the bar on safety, environmental and operational excellence.

Continue reading “New quality standard DryBMS to be launched for the dry bulk sector”

Simpson Spence Young publishes its 2021 Outlook Report

After a highly volatile 2020, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including how the developing emissions regulations may affect commercial fleets and shipping investments.

Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas freight markets; shipping investments, CO2 emissions, FFAs, metals and energy derivatives. Together, they give a taste of what to look out for in 2021. Continue reading “Simpson Spence Young publishes its 2021 Outlook Report”

Simpson Spence Young publishes its 2021 Outlook Report

After a highly volatile 2020, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including how the developing emissions regulations may affect commercial fleets and shipping investments.

Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas freight markets; shipping investments, CO2 emissions, FFAs, metals and energy derivatives. Together, they give a taste of what to look out for in 2021. Continue reading “Simpson Spence Young publishes its 2021 Outlook Report”

New digitalisation white paper published by Rivertrace

In the midst of digital technology continuously changing the landscape of the international shipping industry and how ships are operated, market leading developers of smart water quality monitoring technology, Rivertrace Limited, has published a new white paper on digitalisation. If offers expert insight into the evolution of smart water quality monitoring technology and electronic reporting methods.

Entitled ‘Maritime Industry 2.0: The Future is Digital’, the white paper explores key milestones passed in the shipping industry’s digital transformation journey to-date and examines how traditional, manual methods for monitoring and record keeping are evolving towards the greater use of electronic documentation, supported by digital monitoring equipment. Continue reading “New digitalisation white paper published by Rivertrace”

New digitalisation white paper published by Rivertrace

In the midst of digital technology continuously changing the landscape of the international shipping industry and how ships are operated, market leading developers of smart water quality monitoring technology, Rivertrace Limited, has published a new white paper on digitalisation. If offers expert insight into the evolution of smart water quality monitoring technology and electronic reporting methods.

Entitled ‘Maritime Industry 2.0: The Future is Digital’, the white paper explores key milestones passed in the shipping industry’s digital transformation journey to-date and examines how traditional, manual methods for monitoring and record keeping are evolving towards the greater use of electronic documentation, supported by digital monitoring equipment. Continue reading “New digitalisation white paper published by Rivertrace”

ICOMIA publishes a yacht industry guideline for ceramic coatings

ICOMIA has produced a Ceramic Coating Yacht Industry Guideline as a result of their work with leading ceramic coating manufacturers, paint manufacturers, independent coating inspectors, coating supervisors and surveyors. The aim is to provide objective industry guidance on ceramic use on large yachts.

The yacht market has identified the need for an industry guidance document detailing key areas of information and considerations when using ceramic coatings or treatments on large yachts.

Continue reading “ICOMIA publishes a yacht industry guideline for ceramic coatings”

IIMS publishes the March 2021 Report Magazine edition 95

The Report Magazine, edition 95, published by IIMS
The Report Magazine, edition 95, published by IIMS

The International Institute of Marine Surveying has published edition 95 of The Report Magazine, March 2021. The 108 page publication has placed an editorial emphasis on two topical and concerning issues:
1) shipping container incidents at sea and;
2) the unintended consequences of Brexit affecting the marine surveying profession in certain parts of the EU.

The highlights and main feature articles of this edition of The Report Magazine are:

– The CTU code – why we need it
– VAT on boats post Brexit explained
– Container stack collapses (causes and solutions)
– New insights into MSC ZOE in shallow water that require further action to prevent future container loss
– Tackling the scourge of container ship fires
– The Estonia disaster continues to be a bottomless source of learning
– Costly claims for crane failures caused by human errors
– From composite evolution to vessel construction revolution
Continue reading “IIMS publishes the March 2021 Report Magazine edition 95”

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