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Singapore is committed to reducing the environmental impact of shipping by strictly enforcing the IMO 2020 regulation.
Singapore authorities confirmed that there is no serious impact on oil trading and bunkering sectors and the banking system remains sound.
As a major port state, Singapore has taken the lead to facilitate crew change in a safe manner for both the country and the ships.
UNCTAD and IMO call on governments to work together to facilitate crew changeover and remove unnecessary regulatory obstacles to maritime transport during and after the COVID-19 crisis.
A new regional concept for transshipment appears to be emerging.
Although ships remain active through the coronavirus outbreak, many vessels have been impacted, leading to a number lying idle.
Beacon has raised over US$15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon.
Since 27 March 2020, MPA has approved more than 13,000 cases of crew sign-ons and sign-offs involving some 650 companies and 1,150 ships.
The ICS is encouraging ships around the world to sound their horns when in port at 12.00 local time on 8 Jul to remind governments of the ongoing crew change crisis.
Despite a universal campaign to classify seafarers as key workers, and to facilitate crew transfers, many governments are still dragging their heels.
On 25 June every year, the Day of the Seafarer turns the spotlight on the contribution seafarers make to world trade.
The ITF and its affiliated seafarers’ unions will now assist hundreds of thousands of seafarers to exercise their right to stop working, leave ships, and return home.
The widening officer shortage is expected to put upward pressure on seafarer remuneration.