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Performance Shipping Inc. Expects Tanker Market Rates to Recover Over the Rest of the Year, After First Quarter Loss

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, yesterday reported net loss and net loss from continuing and discontinued operations attributable to common stockholders of $2.9 million for the first quarter of 2021, compared to net income and net income from continuing and discontinued operations attributable to common stockholders ...
Marshall Islands Andreas Michalopoulos Performance Shipping Inc World Health Organization Shipping Inc Chief Executive Officer

From buzzword to necessity taking sustainability seriously

Photo: Evangelos Mpikakis - Unsplash Shipping is indispensable for delivering the world’s needs and wants. Yet, just as the oil, coal, and steel sectors have faced pressure in recent years, our role in the climate crisis is now under much closer scrutiny. Mathieu Philippe, Commercial Director, Bureau Veritas Marine & Offshore | May 14, 2021 Not so long ago, we might have derided sustainability as just a buzzword. But climate change is not a challenge that ...
United Kingdom Informa Markets United Kingdom Bureau Veritas Poseidon Principles Sea Cargo Neptune Declaration

Ports Australia signs Neptune Declaration | Hellenic Shipping News Worldwide

Ports Australia signs Neptune Declaration Ports Australia has signed the Neptune Declaration, joining more than 800 companies worldwide with a shared responsibility of collaboration to overcome the seafarer crew change crisis. Hundreds of thousands of seafarers who bear the load of roughly 90% of world trade have been stranded aboard ships throughout the pandemic because of the widespread inability for crew changeovers to occur or for shore leave to be granted. As per Global Maritime Forum’s ...
Maritime Union Of Australia Maritime Industry Australia Mission To Seafarers International Transport Workers Federation Global Maritime Forum Neptune Declaration

Charterers develop crew change best practice guidelines

Photo: Wilhelmsen Crew change in Singapore A group of high-profile charterers have released a set of best practices for charterers to help facilitate crew changes. The recommendations, published by the Global Maritime Forum, are designed to help both long- and short-term charterers put into action the recommendations of the Neptune Declaration on Seafarer Wellbeing and Crew Change. The Neptune Declaration was signed by over 800 companies to address the COVID pandemic’s impact on seafarers,...
United States Ashley Howard Eman Abdalla Guilherme Brega Rio Tinto Global Maritime Forum

New Neptune Declaration Crew Change Indicator takes the temperature of the crew change crisis

New Neptune Declaration Crew Change Indicator takes the temperature of the crew change crisis Data from top 10 ship managers on their seafarers is the basis of an indicator which provides up-to-date information on the impact of the crew change crisis and will allow for the monitoring of developments over time. The Neptune Declaration Crew Change Indicator is part of the ongoing efforts that a multi-stakeholder taskforce is undertaking to resolve the situation. Well into the second year of the c...
Graham Westgarth Bjorn Hojgaard Peter Burkal Simon Frank Kishore Rajvanshy Bernhard Schulte

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UN leaders urge companies relying on shipping supply chains to undertake urgent measures to protect seafarers' rights

UN leaders urge companies relying on shipping supply chains to undertake urgent measures to protect seafarers’ rights A wide-ranging human rights checklist has today been issued to business enterprises engaged with the maritime industry to protect seafarers stranded on ships due to new COVID-19 variants and government-imposed travel restrictions, under a joint initiative by the UN Global Compact, the UN Human Rights Office, the International Labour Organization (ILO) and the International Mar...
Johannah Christensen Guy Ryder Margi Van Gogh Sanda Ojiambo Andrew Stephens Michele Bachelet

New UN initiative urges businesses to protect seafarers' rights

New UN initiative urges businesses to protect seafarers’ rights May 7, 2021, by Naida Hakirevic A wide-ranging human rights checklist has been issued to business enterprises engaged with the maritime industry to protect seafarers stranded on ships due to new COVID-19 variants and government-imposed travel restrictions. The tool is a joint initiative of the UN Global Compact, the UN Human Rights Office, the International Labour Organization (ILO) a...
Sanda Ojiambo International Labour Organization International Maritime Organization International Chamber Un Human Rights Office Maritime Labour Convention

UN launches key initiative to protect seafarers' human rights amid COVID-19 crisis

UN launches key initiative to protect seafarers’ human rights amid COVID-19 crisis Around 200,000 cargo ship crew members are stranded at sea, beyond the length of their contracts due to COVID-19 restrictions, placing a major strain on their physical and mental health. New UN guidelines were published on Thursday, aimed at helping the industry better protect human rights at sea, as new COVID variants threaten to further delay crew turnover. The Human Rights Due Diligence Tool, provides a wide...
Michelle Bachelet International Labour Organization International Maritime Organization Un Human Rights Office Maritime Labour Convention United Nations

Crew change crisis far from over warn leading ship managers

Phtoto: Anglo Eastern Bjorn Hoojgaard The global crew change crisis resulting from the Covid-19 pandemic is far from over and is set to be even worse this year according to top ship managers. The new Neptune Declaration Crew Change Indicator surveying 10 leading ship managers presents what on the face of it a situation that looks to be far improved over last year, however, as border restrictions are reinstated with the Covid crisis in India and the spread of ...
Hong Kong United Kingdom Graham Westgarth Bjorn Hojgaard Peter Burkal Watson Farley Williams

UN leaders urge companies relying on shipping supply chains

UN leaders urge companies relying on shipping supply chains to undertake urgent measures to protect seafarers’ rights New due diligence tool aims to help businesses uphold their responsibility to protect human rights at sea as new COVID variants threaten to further delay crew May 06, 2021 09:59 ET | Source: United Nations Global Compact United Nations Global Compact New York, New York, UNITED STATES New York, NY, May 06, 2021 (GLOBE NEWSWIRE) -- ...
New York United States City Of United Kingdom Johannah Christensen Alex Gee

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