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Stena Line’s Chief Executive Officer (CEO) Niclas Mårtensson, is the new Governor Chair of the Supply Chain & Transport Industry Community at the World Economic Forum.

Niclas will represent Stena AB, playing a critical role in accelerating the transformation of the industry over the next two years.

The World Economic Forum (WEF) is an international organisation that brings together leaders from business, government, civil society, and academia to shape global, regional and industry agendas.

At this year’s annual meeting in Davos, it was announced that Niclas Mårtensson will take on the role of Governor Chair of one of the forum’s 22 industry communities: the Supply Chain & Transport Industry. Over the next two years as Governor Chair, Niclas Mårtensson’s responsibility will be to provide leadership for the community, help define the industry agenda, and identify where collective action may contribute to positive industry and global systemic outcomes.

“This is a fantastic opportunity to shape the agenda that will enable the transition to fossil-free, inclusive, and safe movement of goods. The World Economic Forum brings together such a vast diversity of political leaders and influential people from business and the civil society who are all engaged in collaborating to create actual change for a better world”, Niclas Mårtensson says.

WEF is most famous for the annual meeting in Davos, but the industry communities work together throughout the year, proposing, endorsing, and providing strategic input to priorities for the industry they represent. A significant role for Niclas Mårtensson will be to influence the policies and regulations around existing opportunities, with the goal of facilitating a fossil-free supply chain and transport industry.

“While the world currently sets high goals for sustainability, the necessary infrastructure to achieve these goals often falls short, for example when it comes to electrification. In my role as Governor Chair, I have a responsibility to make my voice heard and influence the policies that are crucial for our industry’s inevitable transformation”, states Niclas Mårtensson.

Niclas takes over from the Group CEO at freight transport company PSA International, Tan Chong Meng, who has held the role for the past two years.

Published in Stena Line

During the World Economic Forum (WEF) annual meeting in Davos, Switzerland last week, organisers of The Ocean Race connected world leaders who are taking action to restore ocean health.

The Ocean Race brought the spirit of ocean racing to Davos to promote positive change in ocean protection and restoration, with some of the world’s top business and political leaders vowing to scale-up their commitment to the race for the ocean.

Held under the theme “Rebuilding Trust”, the 54th meeting of the WEF (15–19 January), the annual event in Davos-Klosters brought together over 100 governments and major international organisations as well as civil society leaders, experts, youth representatives, social entrepreneurs and media.

This year, the meeting aims to provide a space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

On Tuesday (16 January), The Ocean Race chairman Richard Brisius led a high-level roundtable co-hosted with Greek House Davos, to team up the public and private sector to support and scale up innovation, promote investments, mobilise scientific expertise, generate ocean data — among other aspects — based on shared resources, networks, knowledge and technologies.

The event highlighted and illustrated the role of the ocean, and its connection to business and the wider economy, and showcased the relationship of the ocean to global efforts towards climate change mitigation and biodiversity enhancement.

Among the participants were John Kerry, United States Special Presidential Envoy for Climate; HSH Prince Albert II of Monaco; Dr Dionysia Theodora Avgerinopoulou, envoy of the Greek Prime Minister and chair of the Hellenic parliament environment committee; Jim Rowan, CEO of Volvo Cars; Ambassador Peter Thomson, UN Secretary General’s Special Envoy for the Ocean; Barbara Karuth-Zelle, COO of Allianz; Paul Simpson, CEO and founder of Cornerstone United Holdings Jamaica; and Simon Fisher, who won the last race with 11th Hour Racing Team, becoming the only navigator to win The Ocean Race twice.

John Kerry, United States Special Presidential Envoy for Climate at the High Level Roundtable organised by The Ocean Race and hosted at Greek House at The World Economic Forum in Davos, Switzerland | Credit: Eugene TheodoreJohn Kerry, United States Special Presidential Envoy for Climate at the High Level Roundtable organised by The Ocean Race and hosted at Greek House at The World Economic Forum in Davos, Switzerland | Credit: Eugene Theodore

The roundtable focused on the need for a new relationship between humanity and the ocean based on the recognition of the inherent rights of the ocean, addressing the value of ocean biodiversity and marine protected areas, identifying measures for reduction of marine pollution, and highlighting the ocean/climate nexus and calls to ocean action from business.

The roundtable event was also an opportunity to discuss the desired outcomes from two main global ocean conferences that will be held in Europe: Our Ocean Conference in Athens, Greece in April 2024 and the UN Ocean Conference in Nice in June 2025.

“The ocean is a place of opportunity, where efforts in green shipping, offshore renewables, and other ambitious mitigation actions can make a real difference in fighting the climate crisis,” John Kerry said. “That’s why the Our Ocean Conference, which Greece will host this April, is such an important moment for the ocean and climate. This year, it will have been 10 years since we began the Our Ocean Conference, which was created to be one of action, not just talk. And we’ve delivered on that year after year.”

Simon Fisher said: “After completing six editions of The Ocean Race I believe my fellow sailors and myself are witnesses to the threats facing the ocean as we’ve experienced the changes over the past 20 years. But I’m heartened by the shift towards taking action.

“As an example, in this last race each competing team collected valuable data through water sampling (over four million data points in the last race alone) that contributes to ocean science. Through these kinds of concrete steps, we can use the power of sport to inspire others.”

Brisius added: “At The Ocean Race we have repeatedly demonstrated how we can successfully convene and connect the different perspectives of business, government, philanthropy, academia and civil society, and apply the lessons we have learned through our sport to the race to restore ocean health.

“At The Ocean Race High Level Roundtable here in Davos attendance and insights shared has been extraordinary and exceeded everyone's expectations. Being in a completely full Greek House was outstanding and we couldn’t have squeezed even one more person in to the room. We are blown away and extremely grateful for the interest and the urgency shown from all who shared their experience and expertise with each other here today… All for the good of the ocean.”

Brisius — who is a member of Friends of Ocean Action, a unique group of ocean leaders, convened by the Ocean Action Agenda at the WEF — attended a number of WEF sessions on behalf of The Ocean Race, as well as speaking informally at various events that characterise the WEF in Davos.

Published in Ocean Race

The Half Ton Class was created by the Offshore Racing Council for boats within the racing band not exceeding 22'-0". The ORC decided that the rule should "....permit the development of seaworthy offshore racing yachts...The Council will endeavour to protect the majority of the existing IOR fleet from rapid obsolescence caused by ....developments which produce increased performance without corresponding changes in ratings..."

When first introduced the IOR rule was perfectly adequate for rating boats in existence at that time. However yacht designers naturally examined the rule to seize upon any advantage they could find, the most noticeable of which has been a reduction in displacement and a return to fractional rigs.

After 1993, when the IOR Mk.III rule reached it termination due to lack of people building new boats, the rule was replaced by the CHS (Channel) Handicap system which in turn developed into the IRC system now used.

The IRC handicap system operates by a secret formula which tries to develop boats which are 'Cruising type' of relatively heavy boats with good internal accommodation. It tends to penalise boats with excessive stability or excessive sail area.

Competitions

The most significant events for the Half Ton Class has been the annual Half Ton Cup which was sailed under the IOR rules until 1993. More recently this has been replaced with the Half Ton Classics Cup. The venue of the event moved from continent to continent with over-representation on French or British ports. In later years the event is held biennially. Initially, it was proposed to hold events in Ireland, Britain and France by rotation. However, it was the Belgians who took the ball and ran with it. The Class is now managed from Belgium. 

At A Glance – Half Ton Classics Cup Winners

  • 2017 – Kinsale – Swuzzlebubble – Phil Plumtree – Farr 1977
  • 2016 – Falmouth – Swuzzlebubble – Greg Peck – Farr 1977
  • 2015 – Nieuwport – Checkmate XV – David Cullen – Humphreys 1985
  • 2014 – St Quay Portrieux – Swuzzlebubble – Peter Morton – Farr 1977
  • 2013 – Boulogne – Checkmate XV – Nigel Biggs – Humphreys 1985
  • 2011 – Cowes – Chimp – Michael Kershaw – Berret 1978
  • 2009 – Nieuwpoort – Général Tapioca – Philippe Pilate – Berret 1978
  • 2007 – Dun Laoghaire – Henri-Lloyd Harmony – Nigel Biggs – Humphreys 1980~
  • 2005 – Dinard – Gingko – Patrick Lobrichon – Mauric 1968
  • 2003 – Nieuwpoort – Général Tapioca – Philippe Pilate – Berret 1978

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