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Maritime news – selected and curated for you!

Selected news in the last 2 weeks from the maritime press.

Shipping: Digitalisation Uncovered

From Inmarsat, a report “Digitalisation Uncovered” captures shipping in a period of technology transition.

Increasing commitment to IoT-enabled solutions and a broadening range of applications in use signal a clear acceleration in maritime digitalisation, but challenges remain.

The report finds owners/managers giving their primary drivers for digitalisation as cost reduction and operational efficiencies (Top 3 ranking: 71% of respondents), followed by regulatory compliance (Top 3: 60%).

In the case of compliance, the frequency with which owners/managers select digital safety management/ incident reporting and cybersecurity solutions aligns with IMO 2021 requirements to enhance reporting under the revised ISM Code.

Source: https://maritimecyprus.com/2021/11/28/digitalisation-uncovered-what-is-new-for-shipping-2/

Marcura’s products all digitalise processes in maritime – to reduce costs, improve efficiency and enhance compliance. See here: https://www.marcura.com/

 

Singapore revamps arbitration rules as SCMA takes process fully digital

The Singapore Chamber of Maritime Arbitration (SCMA) is cutting paper out of the arbitration process in a rules revamp that it says is designed to keep up with the way that business is increasingly conducted by electronic and digital means.

Applying to all arbitrations commencing from 1 January 2022, the SCMA will allow for the service of documents via electronic mailing.

The new provisions also allow the signing of arbitration awards electronically, while hearings and case management conferences, if held, may be conducted virtually.

Source: https://www.tradewindsnews.com/law/singapore-revamps-arbitration-rules-as-scma-takes-process-fully-digital/2-1-1110603

 

The dynamics of document digitisation

Digitisation is the representation of information that we have traditionally recorded on paper as zeroes and ones in a digital file.

Current examples of document digitisation in the maritime domain include Bills of Lading (BL), Statements of Fact, and various certificates.

The purpose of digitisation is to improve synchronisation and communication between parties, automate processing, and support fact-based decision-making.

Processes are empowered by standardisation and protected by security measures – since digitised information is both more vulnerable and easier to access than paper.

Source: https://smartmaritimenetwork.com/2021/11/24/the-dynamics-of-document-digitisation/

The MarDocs platform digitalises future contracts process, it’s super convenient and improves efficiency of this clunky process. For more information: https://www.mardocs.info/

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Leadership

German Shipowners’ Association elects first female president

The German Shipowners’ Association (VDR) has elected Gaby Bornheim as its new president.

Bornheim becomes the first woman to head the shipowners’ organisation in its 114-year history. She replaces 74-year-old Alfred Hartmann, who has held the position since the beginning of 2015 and did not stand for re-election.

Bornheim’s appointment comes after growing pressure from within the German shipping community for more female representation in the sector.

She remains the only woman on the VDR’s board of 25 members, an organisation that had no female representation at the start of the year.

Source: https://www.tradewindsnews.com/people/german-shipowners-association-elects-first-female-president/2-1-1111728

 

Top 100 Leaders in shipping

Lloyd’s List’s annual rundown of shipping’s most influential players.

Source: https://lloydslist.maritimeintelligence.informa.com/LL1139020/Top-100-Leading-by-example

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Compliance

Kuwait bans ships carrying goods to and from Israel

Kuwait has issued a decree banning the entry of commercial vessels carrying goods to and from Israel from its territorial waters.

The Minister of Public Works and Minister of State for Communications and Information Technology, Rana Al-Faris, announced the ban over the weekend. The Kuwaiti decision is in stark contrast to other parts of the Gulf.

14 months ago, Israel opened diplomatic and trading ties with old foes, Bahrain and the UAE, with shipping links growing significantly over the past year.

Source: https://gulfnews.com/world/gulf/kuwait/kuwait-bans-entry-of-ships-carrying-goods-to-and-from-israel-1.84205764#:~:text=According%20to%20Al%20Anba%20newspaper,them%20to%20and%20from%20Israel

 

New cyber security scheme launches to help shippers protect themselves against emerging threats

A new Maritime Cyber Baseline scheme launched by IASME and supported by The Royal Institution of Naval Architects (RINA) will help shipping operators and vessel owners to improve their cyber security and align with the IMO Maritime Cyber Risk Management guidelines.

The scheme is open to vessels of all sizes and classifications, including yachts, commercial, passenger ships and merchant vessels.

It provides an affordable and practical way for operators and owners to improve their cyber security to counter emerging threats and to reduce the likelihood of a cyber-attack disrupting their day-to-day operations. The scheme has been developed in partnership with maritime experts Infosec Partners.

Source: https://www.thedigitalship.com/news/maritime-satellite-communications/item/7631-new-cyber-security-scheme-launches-to-help-shippers-protect-themselves-against-emerging-threats

A central part of the benefits of DA-Desk, which digitises your DA processes end-to-end, is our large team of compliance specialists who elevate your compliance processes.

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Decarbonisation

LR launches fuel transition fleet assessment tool

Which fuel to choose for the future has become a big question and Lloyd’s Register has launched a new tool to support owners’ and operators’ decision-making as they assess different types of fuel for use by specific vessel types.

The classification society’s Maritime Decarbonisation Hub has unveiled ‘First movers in Shipping’s Decarbonisation – a framework for getting started’ and has used the tool to evaluate three fuel transition pathways applied to a container ship feeder fleet.

Source: https://www.seatrade-maritime.com/environmental/lr-launches-fuel-transition-fleet-assessment-tool

 

 

Regulatory uncertainty tops shipping’s risk list

The greatest risk to shipping markets over the next five years is regulatory uncertainty, according a Lloyd’s List’s poll ranking industry views on the critical issues likely to influence maritime markets next year and beyond. More than 45% of the respondents cited regulatory uncertainty as being the greatest risk to shipping businesses over the next five years, indicating a growing concern about the pace and uniformity of climate measures due to be imposed on the shipping sector.

Source: https://lloydslist.maritimeintelligence.informa.com/LL1139131/Regulatory-uncertainty-tops-shippings-risk-list

 

INTERTANKO supports net zero emissions by 2050

The Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed that international shipping should strive to achieve net zero CO2 emissions by 2050.

This doubles the level of ambition set in the International Maritime Organization’s Initial Strategy for GHG Emissions Reductions from International Shipping (IMO GHG Strategy), which currently calls for international shipping to reduce its emissions by 50% by 2050.

 

Source: https://shipmanagementinternational.com/independent-tanker-owners-support-net-zero-emissions-by-2050-for-international-shipping/

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Maritime Industry

Saudi Arabia and Greece agreement on maritime transport

The Saudi Minister of Transport and Logistics Services and Chairman of Board of Directors of Public Transport Authority Eng. Saleh Bin Nasser Al-Jasser and the Greek Minister of Maritime Affairs and Island Policy Ioannis Plakiotakis have signed a joint cooperation agreement in the field of maritime transport.

The agreement was signed in the presence of President of the Public Transport Authority, Dr. Rumaih Bin Mohammed Al-Rumaih.

The agreement aims to strengthen relations between the Kingdom of Saudi Arabia and Greece at the strategic level and open new horizons for co-operation in various fields, especially maritime transport.

 

Source: https://www.arabnews.com/node/1983546/business-economy

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