Page 18 - Guy Platten News Today

India Covid-19 crisis could seriously damage global economy RT.com 11 May 2021, 20:13 GMT+10 Indias latest upsurge in coronavirus cases, along with its highest daily toll of Covid-19-linked deaths, is expected not only to hamper its economic recovery but also to drag down several sectors vital for the worlds economy. Rising infections are forcing the country to impose stricter lockdowns, which could have a dramatic impact on several industries, including financial services, global shipping, clo...

AS negotiations to set the global minimum wage for seafarers drew to a conclusion, the shipowners made a shocking suggestion.  This is the moment, they announced, to disregard the International Labour Organisation (ILO) mechanism and cut the real value of the ILO minimum wage, currently set at $21.36 (£15.35) a day. At almost the same time, AP Moller-Maersk, the container shipping giant that carries approximately one-fifth of global exports, issued a dramatic update of its own.  The company ...

By Jaclyn Jaeger2021-04-27T15:25:00+01:00 A month has gone by since the Ever Given—the 1,300-foot cargo ship that ran aground and blocked for nearly a week one of the busiest waterways in the world—was freed. But for many industries, the ripple effects will continue to batter global supply chains for weeks to come, absent having in place a sound supply chain risk management program. On March 23, the Ever Given became horizontally wedged in Egypt’s Suez Canal before being dislodged six day...

By Jaclyn Jaeger2021-04-27T15:25:00+01:00 A month has gone by since the Ever Given—the 1,300-foot cargo ship that ran aground and blocked for nearly a week one of the busiest waterways in the world—was freed. But for many industries, the ripple effects will continue to batter global supply chains for weeks to come, absent having in place a sound supply chain risk management program. On March 23, the Ever Given became horizontally wedged in Egypt’s Suez Canal before being dislodged six day...

Climate change: Shipping industry calls for new global carbon tax The global shipping industry is calling on the world’s governments to tax its carbon emissions. Groups that represent more than 90% of the global fleet say the measure is needed to tackle climate change. “A global solution is the only one that’s going to work”, Guy Platten, secretary-general of the International Chamber of Shipping told the BBC. The tax would incentivise ship owners to invest in new technology, he said. T...

BBC News By Jonathan Josephs image captionThe shipping industry wants global agreement on a new carbon tax The global shipping industry is calling on the worlds governments to tax its carbon emissions. Groups that represent more than 90% of the global fleet say the measure is needed to tackle climate change. "A global solution is the only one thats going to work", Guy Platten, secretary-general of the International Chamber of Shipping told the BBC. The tax would incentivise ship owners to inve...

Shipping industry calls for new global carbon tax The global shipping industry is calling on the worlds governments to tax its carbon emissions. Groups that represent more than 90% of the global fleet say the measure is needed to tackle climate change. "A global solution is the only one thats going to work", Guy Platten, secretary-general of the International Chamber of Shipping told the BBC. The tax would incentivise ship owners to invest in new technology, he said. The shipping sector is one...

ICS Launches New Edition of Leading Industry Guidelines on Combatting Drug Trafficking Criminal gangs are increasingly exploiting merchant shipping to traffic large volumes of illicit drugs to markets worldwide. Nearly 90% of all cocaine, 45% of all cannabis, and 30% of all amphetamine type stimulants seized globally during January 2017 to April 2020 were trafficked via sea, despite the best efforts of the shipping industries to combat this activity. We all share a collective responsibility to ...

Apr 15 2021 As recent news reports highlight, the shipping industry continues to face threats such as piracy, kidnapping and terrorism. Ship operators need to stay alert to security risks and recognise that threats are continually evolving and demand constant vigilance. To assist the shipping community in preparing for these challenges the International Chamber of Shipping has launched the first edition of Maritime Security: A Comprehensive Guide for Shipowners, Se...

Panama Canal Delays Fee Increases Maritime Activity Reports, Inc. © Matthias Koch / Adobe Stock The Panama Canal Authority (ACP) announced Tuesday that it will postpone increasing canal transit fees following calls from the shipping industry to reconsider the rate hikes amid a spate of global supply chain disruptions. The higher rates for the canals transit reservation system were scheduled to take effect on Thursday but will now start on June 1, allowing the maritime industry more time to pre...