1. LNT Marine, Wuhu Shipyard and SDARI partner up on LNG carrier design
David Wu’s marine technology unit LNT Marine has signed with China’s Wuhu Shipyard and Shanghai Merchant Ship Design & Research Institute (SDARI) to jointly develop a LNG carrier design. The parties aim to develop a 40,000 cu m LNG carrier named Wuhumax, which will be a shallow draft LNG carrier optimised for trade on the Yangtze river with limited air and water draught. https://splash247.com/lnt-marine-wuhu-shipyard-and-sdari-partner-up-on-lng-carrier-design/
2. Pace of boxport capacity expansion forecast to contract at least 40% in the wake of coronavirus
The pace of container port capacity expansion is forecast to contract at least 40% over the next five years in the wake of the Covid-19 induced slowdown in port throughput, according to the latest Global Container Terminal Operators Annual Review and Forecast report published by consultancy Drewry. https://splash247.com/pace-of-boxport-capacity-expansion-forecast-to-contract-at-least-40-in-the-wake-of-coronavirus/
3. Scorpio moves into offshore wind sector
Monaco’s Scorpio Group has further diversified its business with a move into the offshore wind sector. Its dry bulk arm Scorpio Bulkers has signed a letter of intent with South Korea’s DSME to construct a wind turbine installation vessel (WTIV). https://splash247.com/scorpio-moves-into-offshore-wind-sector/
4. Slow steaming won’t necessarily cut emissions – so what will?
Recent research has shown how the cubic law of fuel consumption-speed dependency is simple, but the reality is more complicated, thus it does not necessarily hold further away from the design speed, and that slow steaming might not be the ‘fix-all’ magic bullet many people want it to be. https://splash247.com/slow-steaming-wont-necessarily-cut-emissions-so-what-will/
5. Harnessing shipping’s geospatial data
It is hard to think about any part of our everyday lives that has not been changed by the digital and data revolution. The same is true for the global shipping industry, with digitalisation and smart use of data playing a crucial role in shaping the future of the global economy. https://gcaptain.com/harnessing-shippings-geospatial-data/
6. Ship Suspected as Source of Oil Slick Threatening Venezuelan Beaches
An oil slick washed up over the weekend on the coastline of Venezuela’s western Falcon state, known for pristine beaches and nature preserves, two opposition lawmakers said on Monday, though there was no official comment on the spill’s provenance.
7. Ocean Startup Challenge Seeks Problem-Solvers To Help Grow Blue Economy
WOC and Canada’s Ocean Supercluster “Ocean Startup Project” Team Up to Engage Ocean Solution Providers
Canada’s Ocean Supercluster “Ocean Startup Project” and the World Ocean Council (WOC) are collaborating to broaden the search for problem-solvers to take part in the Ocean Startup Challenge – applications close on 14 August.
8. Guidelines For Taking Onboard Samples To Support HSFO Carriage Ban
The IMO has developed guidelines for taking so-called “onboard” samples of fuel from ships, a move that will enable relevant authorities to take samples to check if ships are complying with the high sulphur fuel oil carriage ban that takes effect on 1 March.
9. Inmarsat, Thetius AND Shell Shipping And Maritime Launch ‘Crew Welfare Open Innovation Challenge’
3 August 2020: Inmarsat, the world leader in global, mobile satellite communications, has joined forces with Shell Shipping and Maritime and maritime digital consultancy Thetius to launch a new ‘Open Innovation Challenge’ for start-ups and small and medium sized enterprises (SMEs). The Challenge aims to identify technology that can benefit crew safety, health and wellbeing at sea at a moment when COVID-19 has exposed the welfare of seafarers to global scrutiny. https://www.shippingtribune.com/news/shipping/Inmarsat%2C+Thetius+AND+Shell+Shipping+and+Maritime+launch+‘Crew+Welfare+Open+Innovation+Challenge’
10. Capes Lead Bulk Carrier Rally
As we approach the traditionally stronger second half of the year, we are starting to see improved rates for dry bulk but is this uptick down to the usual seasonality or are there other underlying reasons behind this current market rally?