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SHIPPINGInsight News
March 17, 2022
The Power of Globalization
The past three weeks have seen the continued invasion of Ukraine by Putin with the attendant loss of life and property while pushing the world closer to a global conflict. Not since World War II has Europe experienced such rampant and indiscriminate destruction—and not since the fall of the former Soviet Union have we heard language about World War III and nuclear engagement.
Shipping is no stranger to globalization, having its roots transporting from one region to the next. The rest of the world has had to catch up, which has occurred initially through air travel, making continent hopping more feasible, and then the increase in global communications through satellites and the connectivity of the internet.
For some, it is a return to anxious times (I remember nuclear fallout drills when I was in elementary school when we were required to “shelter” under our desks); for others, this is a new experience and a life lesson on geopolitics.
Perhaps because of its roots and inherent ethos, shipping is rising to the challenge—joining oil majors, financial institutions, multinational corporations—and clamping down on Russia. From import/export transportation, to IACS, to the movement towards removing non-Russians from their ships, maritime is playing a pivotal role in challenging Putin and his viability.
As we watch the carnage daily, let us remember that behind governments are flesh and blood people. Let us strive for humanity in the midst of inhumane aggression, and let us recognize and value shipping’s strength of purpose and pivotal role in this war.
Keep Optimizing,
Carleen
Carleen Lyden Walker
Chief Evolution Officer
SHIPPINGInsight
IMO Maritime Ambassador
+1 203 255 4686 (o)
+1 203 260 0480 (m)
c.walker@shippinginsight.com
www.shippinginsight.com
 Decade of Defense |
| ABS announces withdraw from class services to Russian ships, assets and companies 2022-03-14- After careful consideration of the situation in the Ukraine and the Black Sea as well as the applicable sanctions, ABS decided to withdraw all Class services involving Russian vessels, assets and companies. . . READ MORE |
| Dockers Call for Tanker With Russian Cargo to be Banned From Dublin 2022-03-13- The government of Ireland has turned down a request by a longshore union to refuse entry to a tanker carrying Russian petroleum. . . READ MORE |
| Industry continues to pull out of Russia 2022-03-14- The ostracisation of Russian maritime from global organisations is accelerating with the country’s class society and a flag registry getting expelled from IACS, and Maersk moving to sell its stake. . . READ MORE |
| Asian owners set to stretch their lead over European counterparts 2022-03-14- In its latest weekly report Clarkson Research Services has highlighted how Asian shipowners have finally overhauled their European peers to become the dominant force in global shipping. . . READ MORE |
 Decade of Decarbonization |
| Maersk Establishes First Global Methanol Production Network 2022-03-10- Maersk is forming strategic partnerships around the globe to create the first global supply infrastructure for green methanol production as it seeks to spur efforts toward the decarbonization of the shipping industry. . . READ MORE |
| The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report 2022-03-02- Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. . .READ MORE Source: Bloomberg Green |
| Maersk becomes first shipping company to sign up to Amazon’s climate pledge 2022-03-15- Amazon’s Climate Pledge initiative has announced nearly 100 new signatories, including the first shipping line in the form of Denmark’s Maersk. In 2019, the giant US online marketplace founded The Climate Pledge. . . READ MORE |
 Deep Dive: Digitalization & Cyber – Risks & Rewards |
| Shipping on alert for a NotPetya style attack 2022-03-10- Shipping has been warned to be on high alert for all sorts of cyber attacks as the Russian invasion of Ukraine enters its third week. . . READ MORE |
