Global Supply and Demand for Seafarers

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Category: Marina Mercante
Published on Tuesday, 21 January 2020 05:28
Written by Administrator2
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International Chamber of Shipping

The worldwide population of seafarers serving on internationally trading merchant ships is estimated at 1,647,500 seafarers, of which 774,000 are officers and 873,500 are ratings.

China, the Philippines, Indonesia, the Russian Federation and Ukraine are estimated to be the five largest supply countries for all seafarers (officers and ratings). The Philippines is the biggest supplier of ratings, followed by China, Indonesia, the Russian Federation and Ukraine. While China is the biggest supplier of officers, followed by the Philippines, India, Indonesia and the Russian Federation.

The global demand for seafarers is estimated at 1,545,000, with the industry requiring approximately 790,500 officers and 754,500 ratings. This indicates that the demand for officers has increased by around 24.1%, while the demand for

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What happens when IMO 2020 collides with cargo slump?

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Category: Marina Mercante
Published on Saturday, 18 January 2020 10:29
Written by Administrator2
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Greg Miller, Senior Editor   

Thursday, January 9, 2020

 https://www.freightwaves.com/news/what-happens-when

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Capesize rates are crumbling. Photo credit: Star Bulk

What’s going on in dry bulk, the world’s largest transport market by volume, is a cautionary tale for all ocean segments.

The Jan. 1 implementation of IMO 2020, the global switch to low-sulfur marine fuel, is coinciding with a seasonal cargo-demand slump. Because bulker owners and operators must pay for the fuel in spot contracts, they’re netting even less as they’re having to cover the incremental cost of IMO 2020-compliant fuel.

In the spot market for “workhorse” Capesizes (bulkers with capacity of around 180,000 deadweight tons), vessel interests do not have enough negotiating power to pass along any of the costs of more expensive low-sulfur fuel to cargo interests.

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Gigantism in container shipping, ports and global logistics: a time-lapse into the future

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Category: Marina Mercante
Published on Tuesday, 17 December 2019 05:23
Written by Administrator2
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https://link.springer.com/article/10.1057/s41278-018-00116-0#Fn17
 

Maritime Subsidies Do They Provide Value for Money?

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Category: Marina Mercante
Published on Monday, 16 December 2019 17:48
Written by Administrator2
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https://www.itf-oecd.org/sites/default/files/docs/maritime-subsidies-value-for-money.pdf

 

The International Transport Forum The International Transport Forum is an intergovernmental organisation with 60 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is politically autonomous and administratively integrated with the OECD. The ITF works for transport policies that improve peoples’ lives. Our mission is to foster a deeper understanding of the role of transport in economic growth, environmental sustainability and social inclusion and to raise the public profile of transport policy. The ITF organises global dialogue for better transport. We act as a platform for discussion and prenegotiation of policy issues across all transport modes. We

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