NAMEPA collaborates with Veson Nautical to highlight next steps towards a sustainable maritime industry
Strides in Sustainability - Reinforcing the Value Proposition of the Shipping Industry
In the ever-increasingly connected world, trade has never been more important. The accelerated pace of global society shows the demand for goods and services to be transported faster and more efficiently every day. To do so requires shipping.
The shipping industry is the engine of global trade. Indeed, without it, international trade would not exist as it does today, if at all. Shipping accounts for roughly 90 percent of all global trade, representing over 14 trillion dollars in 2019. According to data from Clarkson’s research, the global merchant fleet of vessels over 100 gross tons has reached the 100,000-ship milestone for the first time. Of the 100,001 ships in total the average age is 21.7 years. The estimated total value of the world fleet is $976 billion. It is the most cost-effective, environmentally benign, and most efficient mode of transportation for bulk commodities, including agri-products, petroleum, coal, iron-ore, electronics, finished goods, clothing and more.. . .READ MORE
The Not-So Quiet Ocean Part 2
We are inundated with noise every day from automobiles, planes flying overhead, television, radio, lawn mowers, leaf blowers and more along with the natural sounds of our world. Luckily, we have the ability to turn it off, lower the volume, or close the windows when noise levels get too loud. Unfortunately, inhabitants of the ocean do not have those same luxuries.
Sound travels farther and is amplified in water. Simply go underwater and listen – you will be rewarded with the sounds of snapping and crackling of invertebrates and fish going about their daily lives and if lucky, the far-off sounds of marine mammals singing as they communicate with one another. Marine species rely on sound for survival and any noises that inhibit or overpower their ability to hear disrupts their lives and have the potential to cause severe consequences, including death. . . READ MORE