Navigating Capital Challenges in the Shipping Industry Amid Geopolitical Tensions and Regulatory Changes

Tobias Backer, executive director of Pelagic Capital, addresses the cash requirements in the shipping industry amidst geopolitical challenges. With conflicts in Ukraine and Gaza, regulatory changes for green initiatives, and US protectionism affecting trade relationships, traditional banks are cautious in lending. Alternative credit institutions like MareVia Credit Fund aim to fill the capital gap for shipowners.

Continue reading
Charting Key Regulatory Change Across Maritime Law In

Navigating New Maritime Regulations and Cybersecurity Challenges

The global maritime sector is grappling with a slew of new regulations this year, posing intricate compliance hurdles. These rules encompass environmental, security, and safety aspects, with the IMO leading the charge in publishing them. Stamatis Fradelos from the American Bureau of Shipping delves into the implications and offers guidance for operators navigating this period of change.

Continue reading
ICS Pushes Levy-Based System Ahead Of IMO Meeting

IMO 2025: Navigating Geopolitical Challenges and Maritime Sustainability Initiatives

In 2025, the International Maritime Organization (IMO) faces geopolitical tensions, security challenges, digitization, and decarbonization. Their goal is safe, efficient, sustainable shipping through international regulations and technical support. Milestones include joining conventions on ship recycling, fishing vessel safety, and reducing emissions. Mandatory regulations and initiatives support member states to meet ambitious decarbonization targets.

Continue reading
Advertisements