A landmark new report The Value of Shipping 2025 from the UK Chamber of Shipping reveals the powerful economic, social, and environmental contributions of the shipping industry to the UK.
The Value of Shipping 2025 report shows that:
– The UK shipping industry employs over 98,000 people directly and supports over 728,000 jobs across the wider economy. Continue reading “The Value of Shipping 2025: the industry’s vital role in powering global trade”
Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020 as shipping owners and operators look to enhance energy efficiency to meet tightening emissions regulations. However, according to a new Lloyd’s Register (LR) report: Energy saving devices retrofit report: Applying advanced propeller designs to ships, while high-efficiency propellers can deliver fuel savings of between 3-10%, and popular devices such as rudder bulbs can achieve 3.5% reductions, only 1.74% of the global fleet currently features the rudder bulb, the most popular device, from newbuild. Continue reading “LR: Propeller retrofits surge but adoption remains limited”
The Panama Maritime Authority (PMA) has implemented an additional safeguard called Precheck, a screening process that aims to ensure only compliant vessels join the Panama Ship Registry. The Precheck process involves a thorough risk assessment of various aspects related to the vessel, its owner, operator, and/or charterer before applying for the entry into the Panama Ship Registry to ensure that the vessel meets the international standards regarding safety, environmental protection, crew welfare, and to promote cooperation and best practices in the maritime industry.
According to the PMA, a key benefit of Precheck is its ability to prevent “flag-hopping”, a practice where vessels jump from one registry to another to avoid compliance, evade sanctions, or engage in illicit activities. Continue reading “Panama implements new Precheck for vessels joining its registry”
Reefer containers is a complex piece of engineering and has, over the years, become more reliable, and can be trusted to transport perishable goods vast distances, with little or no impact on quality.
It is easy to forget therefore, that the vessel crew still has an important part to play in ensuring that these fragile cargoes are delivered safely, and that the actions of those on board can make a significant difference to the claims experienced by an operator.
Reefer containers carry a wide variety of refrigerated goods, of which fresh produce, frozen meat and fish, dairy products and pharmaceuticals are only a few. A single reefer container may carry a cargo value of several hundred thousand US dollars or more.
Each type of cargo varies in its requirements for carriage temperature, humidity, stowage arrangements and ventilation. Continue reading “The Challenges of Transporting Reefer Containers”
Britannia P&I Club has published loss prevention guidance on the consequences that need to be considered regarding hull fouling.
Hull fouling refers to a condition when marine organisms such as barnacles, algae, and mussels attach themselves to a ship’s underwater hull surface area. When operating in tropical or seasonal tropical waters the higher temperatures and sunlight provide ideal conditions for the rapid growth of marine organisms, particularly when the ship is stationary at anchorage for a longer period. Furthermore, during seasonal tropical periods, ocean currents transport nutrients from deeper waters to the surface in coastal areas, promoting the growth of photosynthetic organisms. Continue reading “Understanding hull fouling with Britannia P&I Club”
In 2023, the global soya bean market (also known as soybeans and soyabeans) was valued at over USD 200.37 billion, and it is projected to grow to USD $259 billion by 2032.The shipping industry plays a significant role in supporting this global industry, but behind these impressive figures lies a perilously narrow window for safe ocean transport. Despite being loaded in sound condition and carried by well-maintained vessels on unexceptional voyages, soya beans continue to arrive in a deteriorated condition far too often. Claims related to spoilage frequently run into millions of dollars, exposing shipowners, operators, and marine insurers to significant financial risk. Continue reading “Brookes Bell: Why Are There So Many Soya Bean Claims?”
Port State Control (PSC) inspections are a fact of life in the maritime world — and they’re getting tougher. With rising detention rates, unpredictable inspection criteria, and mounting pressure on crew performance, preparing for a PSC visit can feel like navigating a minefield, says Kaiko Systems.
In 2024 alone, over 73,000 PSC inspections were conducted globally, with a growing detention rate now over 3%. For vessel operators, a failed inspection can mean costly detentions, delayed cargo, reputational damage, and a hit to operational performance. Continue reading “Streamlining PSC inspections through AI-powered approach”
According to West P&I Club, the new UK Arbitration Act 2025 received Royal Assent on 24 February 2025 and will come into force most likely at some point later this year. The 2025 Act will not be a standalone Act but, rather, inserts amendments to the 1996 Act so as to enact the recommendations of the Law Commission codifying the common law position and eliminating ambiguity. As such, the 2025 Act will modernise arbitration in London to maintain its competitiveness as a seat for international arbitrations. Continue reading “New Arbitration Act 2025: Key changes for maritime arbitrations”
The IMO Marine Environment Protection Committee (MEPC) 83 session was held from 7-11 April 2025. The IMO MEPC is where the reduction of shipping’s impact on the marine environment is discussed. MEPC oversees the work of several sub-committees and influences subjects which cut-across the work of several committees, covering many key regulations.
And Lloyd’s Register has published a summary of the outcomes from the meeting. Continue reading “Lloyd’s Register summary report on MEPC 83”
The Vehicle Carrier Safety Forum (VCSF) publishes its second industry good practice guidelines entitled ‘Fire Response – High Level Guidelines’. The VCSF recognises that responding to vehicle fires onboard PCCs, PCTCs, RoRo and Ro-Pax vessels is both dangerous and challenging. These guidelines have been designed to reduce the risk to the safety of crews, passengers, the environment, the vessel and the cargo. The guideline’s sole aim is to assist vessel operators and crews to be better prepared to meet the challenges presented by vehicle fires. Continue reading “Vehicle Carrier Safety Forum publishes guidance on fire response”
The International Maritime Organization (IMO) has issued the Interim Guidelines for the Safety of Ammonia-Fuelled Ships (MSC.1/Circ.1687), marking a significant milestone in regulatory support for alternative fuels.
The Maritime Safety Committee (MSC) approved the guidelines at its 109th session in December 2024, following their development and finalisation by the Sub-Committee on Carriage of Cargoes and Containers (CCC) at its 10th session in September 2024. BIMCO has actively participated in all aspects of the work contributing to these guidelines and to the development of future mandatory provisions. Continue reading “BIMCO shares guidelines for ammonia-fuelled ships”
BMP Maritime Security has been published by a series of industry Associations, including BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO & OCIMF supported by over forty maritime stakeholders. It is a consolidated and enhanced publication Best Management Practices (BMP) for Maritime Security (MS).
The BMP Maritime Security consolidates previously published regional publications into a single, comprehensive publication with actionable insights and advice. It focuses on providing a threat and risk management process and, recognising the dynamic nature of regional security situations, provides signposts to direct users to the most up-to-date security intelligence and risk assessment information. BMP MS is now available to view on the industry website here. Continue reading “BMP Maritime Security consolidates industry associates”
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