1. Evergreen Marine names new chairman
Taiwanese shipping line Evergreen Marine has announced the appointment of Chang Yen-I as the new chairman of the company, replacing Anchor Chang who has moved to Taipei Port Container Terminal (TPCT) as chairman.
2. Weekly Broker: Capes top interest
Advanced Shipping and Trading, Allied Shipbroking and Lorentzen & Stemoco all reported that German owner Zeaborn sold its 2010-built 179,600 dwt capesize bulker ER America. The Romanian-built vessel was acquired by Greek buyers for $20.5m, with VesselsValue data showing Tsakos Shipping as the buyer. https://splash247.com/weekly-broker-capes-top-interest/
3. Equinor warns Johan Sverdrup field may close due to ongoing strike
Norwegian energy giant Equinor has warned that if an ongoing strike on the Norwegian continental shelf continues through to October 14, then the Johan Sverdrup field will have to close production until further notice.
4. Keeping up with the Jones Act
The US House of Representatives has passed the Expanding Access to Sustainable Energy Act of 2019, which enforces Jones Act requirements for all offshore renewable energy production. However, the bill’s current language has the potential to create a loophole that would leave the US Jones Act fleet on the sidelines. https://splash247.com/keeping-up-with-the-jones-act/
5. HMM’s New Megaships Sailed Fully-Loaded on Maiden Voyage
HMM’s twelve new 24,000 TEU megaships carried a full load of containers during their maiden voyages from China to Europe, the South Korean shipping company said this week.
6. NYC Ferry’s Hornblower Taps Niagara Falls Assets for Cash
The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep its tourist boats and commuter lines running by pledging some of its Niagara Falls assets to creditors. https://gcaptain.com/nyc-ferrys-hornblower-taps-niagara-falls-assets-for-cash/
7. Lack of containers, high rates hurting Indian business as demand picks up: export body
A lack of container availability in India is hurting the export sector and posing a “serious concern” over meeting delivery commitments to foreign buyers, the Federation of Indian Export Organisations (FIEO) said Oct. 7.
8. Port of Rotterdam Authority in new Future Fuels Network
Port of Rotterdam Authority is a member of the new Future Fuels Network that has been announced 6 October on the maritime conference in Singapore. In collaboration with the port organisations of Singapore and Japan, the Port of Rotterdam Authority will develop a roadmap on the adoption of clean marine fuels in support of decarbonisation. https://www.hellenicshippingnews.com/port-of-rotterdam-authority-in-new-future-fuels-network/
9. Top Global Traders Push To Cut Shipping Emissions
Some of the world’s biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry’s carbon footprint.
10. Baltic Index Falls As Capesize Loses Momentum
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday snapped a six-day winning streak as capesize vessel rates fell. https://www.shippingtribune.com/news/shipping/Baltic+index+falls+as+capesize+loses+momentum