In a world rife with cascading crises – geoeconomic fragmentation, retreating development, and climate change – maritime trade serves as a stabilizing anchor, holding fast against the turbulent currents of disruption which are reflected in the maritime transport review 2023.
Over four fifths of all trade in the world flows through the high seas. This includes the crucial trade of food, energy, and other essential goods. As recent trade disruptions, and most notably that of Black Sea food exports due to the war in Ukraine have shown, in our interconnected world, billions of people need open ports and steady ships to eat, keep their lights on, and have their hospitals well-stocked. Continue reading “Maritime transport review 2023 published by UNCTAD”
The American Bureau of Shipping has published the January 2024 Edition of Guide for Performance Standards for Corrosion Protection.
Managers of the two vessels involved in a fatal crew transfer ladder accident off Brisbane, Australia, had not ensured personnel had a common and complete understanding of how the transfer would be conducted, an Australian Transport Safety Bureau (
A new initiative was rolled out and launched in September by Chubb. A new Lloyd’s of London consortium has been created (which Chubb will lead) that is designed to provide insurance coverage for risks associated with the transit and storage of lithium battery.
Using an ambitious but feasible set of actions, a new report concludes that ammonia-powered vessels will not only be commercially viable but with an aggressive path and broad use of subsidies could be possible as early as 2026. The new analysis from the Global Maritime Forum is the second phase of a project focusing on a first-of-its-kind ammonia-powered gas carrier and reiterates the research’s strong support for ammonia saying they believe the cost gap between operating ships on zero-emission ammonia and conventional fuel could be closed before 2030. 
A commercial yachting notice has been issued by the Maltese Merchant Shipping Directorate (MMSD) to remind all yacht owners about manning responsibilities.
The Sub-Committee on the Implementation of IMO Instruments (III) 9th session took place 31 July to 04 August 2023 where, among other things, the draft amendments to the Procedures for Port State Control were finalised.