STG April 2017

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For many in the shipping sector, 2016 was a tough year. The Baltic Dry Index reached an all-time low in February, with overcapacity, low rates and depressed global trade compounding the problem. We find out whether the worst is over.

We also take a closer look at what wearable technology could offer cruise passengers, explore the best ballast water treatment systems ahead of the IMO’s Ballast Water Management Convention enforcement, and ask whether the EU or IMO should take precedence on shipping emission regulations.

Plus, we find out more about Mexico’s $5bn investment into the country’s ports, and consider calls from pressure groups on the UK maritime industry to draw up a legislative timetable for ending pay discrimination in the shipping industry.

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In this issue

Supply and Demand
For many in the shipping sector, 2016 was a tough year, with the Baltic Dry Index reaching an all-time low in February. Eva Grey takes a look at some of the forecasts for the year ahead.
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The Personal Touch
Cruise line Carnival is launching a wearable gadget that will personalise the cruising experience for its passengers. Gary Peters finds out more about the Ocean Medallion technology.
Read the article.

Selecting a System
Ahead of the enforcement of the IMO’s Ballast Water Management Convention, the US Coast Guard has approved three ballast water treatment systems. Elly Earls considers the challenge for shippers to choose the right one.
Read the article.

Shipping Emissions: EU vs IMO
In February, the European Parliament voted to include CO2 from shipping in its Emissions Trading Scheme, a controversial move which many accused of undermining the efforts of the IMO. Eva Grey reports.
Read the article.

Mexico’s Port Plans
Mexico is investing $5bn in its port infrastructure, despite President Trump’s threat to withdraw from the North American Free Trade Agreement. Julian Turner finds out whether the time is right for expansion.
Read the article.

Ensuring Fairer Wages
Calls are growing for the UK maritime industry to draw up a legislative timetable for ending pay discrimination. But just how bad is the problem? Gary Peters investigates.
Read the article.

Next issue preview

While the International Maritime Bureau’s annual report shows a total of 191 piracy and armed robbery incidents recorded in 2016, the lowest level since 1998, the year also witnessed the highest number of crew kidnappings in the last ten years. We find out how the nature of piracy has changed.

We also take a look at a project to construct the world’s largest hybrid vessel, explore the London’s Port of Tilbury’s £1bn expansion plan that will allow it to open its doors to larger ships from Africa, India and the Far East, and find out why the shipbreaking industry is making little progress on ensuring sustainable ship recycling practices.

Finally, we consider whether British seafarers are being priced out of the North Sea market by overseas operators, and look into the results of a study into seafarer fatigue, which show the issue is getting worse.

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