Barbados blue bond to support marine conservation
The government of Barbados is preparing to pour an extra US$50 million into ocean conservation efforts over the next fifteen years after replacing conventional debt with a Blue Bond.
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The government of Barbados is preparing to pour an extra US$50 million into ocean conservation efforts over the next fifteen years after replacing conventional debt with a Blue Bond.
Liberia’s ratification of the IMO’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) was announced on 26 June and kicks off a process that will see the convention enter into force in 2025.
Melina Travlos, President of the Union of Greek Shipowners, discusses her leadership philosophy of putting people first
• Navigate to the “Confidence interval” tab and calculate the confidence interval for the average price per computer. What do these values mean? • Convert the calculated confidence interval to the total value of all computers. What do these values mean? • Elaborate on whether the information technology company should remain with its current insurer or switch to the alternative, based on the estimated total value of all the computers. • Navigate to the “Sample size” tab and calculate how many more computers need to be included in the sample size to estimate the true mean value per computer to within £10.
President Marcos Jr. of the Philippines called for cross sectoral support to increase employment retention at an exclusive summit focused entirely on seafarers. Ministers, shipowners, employers, and unions gathered to discuss solutions to challenges facing the global workforce. ‘Shaping the Future of Shipping: Seafarer 2050’ highlighted requirements for a successful transformation of seafarers’ roles to adapt to the future of global trade.
After 14 years since adoption by the International Maritime Organization the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) has successfully been ratified and will enter into force. ICS celebrates Bangladesh, one of the principal ship recyclers in the world, and the Liberian Registry, the world’s second largest registry, for ratifying the Hong Kong Convention today, leading the way for safe and sustainable ship recycling practices. ICS has championed for the Hong Kong Convention to be ratified since it’s adoption and recognises the importance of today for the safe recycling of ships to human health and safety, and the environment.
Aviation is ramping up efforts to use sustainable aviation fuel (SAF) but is calling for a greater diversification of fuel sources and more decisive government policy and incentives to achieve its decarbonisation goals, and to meet forthcoming UK and EU mandates.
Massive layoffs in the technology sector after a boom in pandemic growth has created a pool of talent for savvy companies to hire from.
• The Global Centre for Maritime Decarbonisation (GCMD) joins the Clean Energy Marine Hubs (CEM Hubs) initiative. • The CEM Hubs already has the backing of five countries, the UAE, Canada, Norway, Uruguay and Panama, and the support of the International Renewable Energy Agency (IRENA). • The initiative will be formally launched at the Clean Energy Ministerial in Goa in July.
-After decades of work the High Seas Treaty has been adopted at the United Nations today. -The International Chamber of Shipping (ICS) welcomes this historic moment having represented the shipping industry in the discussions since 2016. -The agreement takes into account the IMO’s role and is intended to cover gaps in ocean governance to ensure that emerging high seas industries will be as well-regulated as shipping is by the International Maritime Organization (IMO).