RightShip’s Safety Score is a performance benchmark that provides shipowners and managers, charterers, and ports and terminals with an indication of a vessel’s safety performance.

The Safety Score replaced RightShip’s Star Rating in February 2021, which was widely used by chartering interests to provide a top-level assessment of the performance of a vessel.
The score provides an indication of a vessel’s likely performance based on past data, allowing users to compare against similar vessels in the same peer group.

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Since the last situation report on the multi-country outbreak of cholera was published on 11 May 2023 (covering data reported until 18^th of April), no new country reported a cholera outbreak. In total, 24 countries have reported cases since the beginning of 2023. Since the middle of April 2023, further geographic spread continues to be reported in the Horn of Africa, especially around the Mandera triangle, where borders of Ethiopia, Kenya and Somalia meet and population movement drives transmission across borders. The overall capacity to respond to the multiple and simultaneous outbreaks continues to be strained due to the global lack of resources, including shortages of the oral cholera vaccine, as well as overstretched public health and medical personnel, who are dealing with multiple disease outbreaks and other health emergencies at the same time. Based on the increasing number of outbreaks and their geographic expansion, as well as a lack of vaccines and other resources, WHO continues to assess the risk at global level as very high. 

Please read OUTBREAK OF CHOLERA

 Source: World Health Organization (WHO)

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Environmental sustainability has deeply found its way into business, and the world of finance seems to adapt, with Poseidon Principles being the most recent well-known example of how sustainability relates to profitability. Adopted in 2019, the Poseidon Principles were excitingly accepted as they set the first global framework for adding climate considerations into lending decisions, opening the way for responsible ship finance that will support the industry’s decarbonization race.

Launched in New York on 18 June 2019, the Poseidon Principles set a global benchmark for what it means to be a responsible bank in the maritime sector and provide actionable guidance on how to achieve this. For instance, considering the hot topic of shipping emissions reduction, the Poseidon Principles closely follow the policies and ambitions of IMO’s 2018 Initial Strategy, which eyes reduction of shipping’s total annual GHG emissions by at least 50% by 2050. Making access to finance conditional upon the level of compliance with environmental measures seeks to encourage ‘greener’ ships in the industry.

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AMSA announced that they are carrying out ongoing watertight and weathertight integrity inspections during routine Port State Control (PSC) throughout 2022-23.

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