Historic deal pushes sweeping reform across commercial shipping: 'The first industry in the world with internationally mandated targets'

Historic deal pushes sweeping reform across commercial shipping: 'The first industry in the world with internationally mandated targets'

For the first time, commercial shipping companies will be required to transition to cleaner fuels or they will face fines. According to the BBC, after nearly a decade of negotiations, countries in the UN's International Maritime Organization agreed on a way to combat polluting gases from ships. The deal passed on April 11. The deal requires large international vessels to adopt less toxic fuel sources and increase their use or face fines of "up t…

The Impact of Tariffs on the Shipping Industry

Policy changes regarding trade tariffs, recently mentioned, will have an impact on maritime jobs and careers.  Future dealings regarding employment, administration and planning will all come under the microscope, as plans are put in place when business and future employees are considering their next move. Uncertainty over future policy moves have currently created unpredictability on the big topic of how industry will respond.  Shipping companie…