The Polar Code-Bringing Order to Polar Shipping
Global climate change is decreasing Arctic sea ice, opening the region during the summer melt season for growing commercial use. Consequently, surface shipping in the region is increasing, including cruise and cargo ships and vessels engaged in oil, gas and mineral exploration. Despite the warming climate, weather conditions in
As with many harsh environments and the ecosystems they encompass, the Polar Regions are fragile and very susceptible to damage by human activities. These considerations have resulted in a need for special regulations to ensure the safety of people and the environment during polar operations.
Last November, the
The Polar Code focuses on ship safety and environmental protection, and covers matters relevant to ship design, construction, ancillary equipment, operations, crew training, certifications, and search and rescue protocols. It encompasses related parts of the
Before it comes into effect, the Polar Code must be formally adopted by the IMO's Marine Environment Protection Committee at its
For more than a decade the
At this point, most of
The increased shipping activity during
As the seasonal ice coverage continues to recede and human activity continues to increase, maritime insurance companies, offshore oil and gas concerns, large commercial shippers, and a wide array of ocean technology companies will benefit from guidelines that allow them to more effectively plan and execute safe operations. A well-regulated and patrolled
RAdm.



Colorado Springs hailstorm caused minor damage at library, mall – but nothing catastrophic
Progress 2015: Northeast Pennsylvania expands medicine's boundaries
Advisor News
- NAIFA: Financial professionals are essential to the success of Trump Accounts
- Changes, personalization impacting retirement plans for 2026
- Study asks: How do different generations approach retirement?
- LTC: A critical component of retirement planning
- Middle-class households face worsening cost pressures
More Advisor NewsAnnuity News
- Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
- FIAs are growing as the primary retirement planning tool
- Edward Wilson Joins SEDA, Bringing Deep Expertise in Risk Management, Derivatives Trading and Institutional Prime Brokerage
- Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- Jackson Financial ramps up reinsurance strategy to grow annuity sales
More Annuity NewsHealth/Employee Benefits News
- Red and blue states want to limit AI in insurance. Trump wants to limit the states
- NABIP asks Congress to stabilize ACA market, address affordability
- Expired federal subsidies leave fewer Walla Walla residents with health insurance
- Red and blue states alike want to limit AI in insurance. Trump wants to limit the states.
- CT hospital, health insurer battle over contract, with patients caught in middle. Where it stands.
More Health/Employee Benefits NewsLife Insurance News