May 2019

LNG shipping faces questions as new US volumes emerge

Market readies for supply surge, but tonne-mile growth is expected to prove slower this year
 
A first cargo is expected to leave Sempra Energy’s Cameron LNG liquefaction facility in the US before the end of this month.
 

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Greater change is needed to make seafaring attractive for women

International Seafarers' Welfare and Assistance Network (ISWAN) project manager Caitlin Vaughan has seen and heard a pushback on female seafarers.
 
And that, she said, is something that “still needs to change" in the industry.
 

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Malta accedes to ship recycling convention

5/15/2019 Source IMO: Malta is the latest country to accede to IMO's treaty for safe and environmentally-sound ship recycling – the 

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Brexit confusion hits UK demand for cruises

Withdrawal from the EU creates 'uncertainty' for UK consumers, Royal Caribbean's Richard Fain says
 
Brexit jitters have hit UK cruise demand as consumers fret over the kind of relationship the country will have with its former partners if it leaves the European Union.
 

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Denmark: Cruise Industry Commits to Sustainability with New Manifesto

Twenty-nine cruise destinations have signed Cruise Baltic Sustainability Manifesto, a manifesto pledging increased sustainability in the Baltic Sea region’s ports and cities.

This is a result of an international cruise conference that took place in Copenhagen today.

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InterManager survey reveals widespread concern at enclosed space deaths

May 2, 2019 Source: InterManager: A large range of vessel operators, managers and crew took part in the three month-long industry-wide survey, with crew from almost 250 ships providing feedback – representing more than 5,000 seafarers.

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MSC: Interoperability Crucial for Container Shipping to Evolve

Interoperability will be a key element for the container shipping industry to transform and adapt to the digital era, according to Swiss-based shipping major Mediterranean Shipping Company (MSC).

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How to cut port waiting times to reduce emissions

Data sharing is a prerequisite to enabling the successful implementation of “Just-In-Time” (JIT) operations – which can cut the time ships spend idling outside ports and help cut emissions as well as save on f

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Cohens heartened by LISCR's return to US Qualship list

Brothers say US Coast Guard designation is not only measure of Liberian flag's quality, but is a prize that has been regained through inspector hires and technological investment
 
Leaders of the Liberian ship registry are reaping the rewards of their efforts now it is back on the US Coast Guard (USCG)’s list of top-performing flag states.

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The question on "economic substance"

The key words "economic substance" have been in circulation ever since the EU published their blacklist of in tax matters non-compliant jurisdictions. In response, many low corporation tax countries introduced a new Act, which requires non-resident entities to show substantial economic presence and activity in their jurisdictions.

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