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COP27: Week two opens with focus on water, women and more negotiations on ‘loss and damage’
On ‘Women and Water’ Day at COP27, the power of women as key drivers of climate solutions, and the crucial impact that the climate crisis is having on our water supply took centre stage in Sharm el-Sheikh. Meanwhile, the negotiations on the conference outcome continued, with UN officials calling for…
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Container freight rates will hit bottom in mid-2023 according to HSBC
The bank updated its forecast a little over a month ago, in which it estimated that the decline would continue until 2024 The fall in container freight rates, now almost in free descent (-6% is the average drop in their value recorded this week by Drewry), will stop in the…
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MSC CRUISES POSTS IN OCTOBER BEST MONTH EVER WITH RECORD 400,000 BOOKINGS
MSC Cruises has reached a new milestone with more bookings in October 2022 than it has ever had for one month in its entire history. Nearly 400,000 passenger bookings were taken last month for winter 2022/23 and summer 2023 itineraries across its global fleet. Vessels show higher than average…
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Global Ports Holding signs a 10-year concession with Prince Rupert Port
Global Ports Holding Plc, the world’s largest independent cruise port operator, has signed a 10-year concession, with a 10-year extension option, with Prince Rupert Port Authority to manage cruise services at Prince Rupert Cruise Port in British Columbia, Canada, according to the company’s release. Prince Rupert Cruise Port is GPH’s…
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TT Club Innovation in Safety Award 2022
The brilliant TT Club Innovation in Safety Award is our opportunity to celebrate the exciting developments on safety across our whole industry. The Award gives us an immense added benefit of exploring, capturing and sharing what is happening out there in our international back yard. It gives a snapshot of…
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Six lots awarded to Liberty Lines for coastal shipping routes in Sicily
The service had been the subject of a specific call for tenders last April by the Sicilian Region for an amount of over 157 million euros. From next January 1st and for the next five years, Liberty Lines will guarantee sea connections by hydrofoil with the smaller islands of Sicily.Shipping…
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COP27: Shipping decarbonisation action plan launched to upskill global seafaring workforce
Maritime Just Transition Task Force ‘Mapping a Maritime Just Transition for Seafarers’ paper puts forward a 10-point action plan in response to new research. Modelling of three emission reduction scenarios estimates hundreds of thousands seafarers requiring additional training to handle alternative fuels up to 2050. Action Plan makes practical recommendations…
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Adapt or starve: COP27 spotlights agriculture challenges and solutions in the face of climate change
Small-scale farmers from developing countries produce one-third of the world’s food, yet they only receive 1.7 per cent of climate finance even as they are forced to cope with droughts, floods, cyclones and other disasters. This sentiment echoed through dozens of pavilions and conference rooms in Sharm el-Sheikh on Saturday…
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Egypt wins the Hoso Bunka Foundation Prize 2022 at the Japanese International Festival
Among the 16 countries, Fadi Taher, CEO of Impact Media, who represents Egypt, won the Hoso Bunka Foundation Prize 2022 for the best idea for a youth program at the Japan International Festival, which was held in Tokyo, the capital of Japan, this November. Impact Media’s participation came Which represented…
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