The International Chamber of Shipping’s (ICS) Maritime Barometer Report 2022-2023 has revealed that uncertainty over fuel availability and infrastructure puts at risk ambitions to meet decarbonisation targets, reinforcing the need for a clear plan of action to mitigate risk.
The post New ICS report...
Confined areas are obviously dangerous. These are areas where you can experience difficulties breathing, temperature extremes, gas or dust, or lose powders or liquids that could overwhelm you. Make sure you are aware of the risks and how they will be managed.
Did you...
by John Konrad (gCaptain) As China’s lockdown lifts and the world looks to the future with hope that this marks the final chapter of the worst pandemic since the Great…
https://gcaptain.com/could-an-electrical-pandemic-destroy-shipping/
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https://www.freightwaves.com/news/daily-infographic-5-interstate-stretches-that-pose-greatest-risk
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https://www.freightwaves.com/news/daily-infographic-manage-your-supply-chain-risk
Operating in a virtual world has been a struggle for some industries, including trucking, as companies work to comply with government regulations and their own internal policies, many of which are designed to minimize exposure to risk.
For fleets that require in-cab training or have specific policies in place that require monitoring, doing so virtually has been difficult at best — and impossible in the worst-case scenario.
Samsara has been busy developing new functionality for its AI dashcam...
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https://s29755.pcdn.co/news/covid-19-truckers-are-at-high-risk
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The Coast Guard has a message for mariners about to smoke a joint or use CBD oil: Don’t risk your job over it — no matter where you live.
The growing number of states where some form of marijuana is legal prompted the agency to issue a bulletin this week reminding everyone that marijuana is still illegal under federal law. Ten states and the District of Columbia have approved recreational marijuana for adults, and more than half of all states have OK’d medical marijuana.
“Along with criminal...
The shipping industry’s vessel loans are typically taken on the basis of a premium over LIBOR. LIBOR has been experiencing upward pressure since early 2017, as major central banks have moved to a tightening stance. The three-month LIBOR has risen to 2.3% as of April 2018, the highest rate seen since November 2008, the early days of the financial crisis.
As LIBOR increases, stresses on shipping industry balance sheets, cash flows and earnings also rise. With rates still at relatively low levels...
http://blogs.platts.com/2018/05/03/libor-shipping-elephant-in-the-room/
