1. Stolt Tankers and John T Essberger Announce European Joint Venture
Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that its wholly owned subsidiary, Stolt Tankers B.V., has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within Europe. https://cyprusshippingnews.com/2020/11/09/stolt-tankers-and-john-t-essberger-announce-european-joint-venture/
2. Significant crew safety and well-being lessons to be learned from Lloyd’s Register survey
An industry-wide survey on maritime workers’ well-being during COVID-19, led by Lloyd’s Register (LR) in collaboration with the UK Chamber of Shipping, the Mission to Seafarers and Safety at Sea, has uncovered key insights which may be used to improve the safety and well-being of maritime industry workers keeping global trade moving during the pandemic.
3. Bahri signs five-year framework agreement with Presidency of State Security
Bahri, a global leader in logistics and transportation, has announced the signing of a five-year framework agreement worth SAR 300 million with Saudi Arabia’s Presidency of State Security (PSS). Under the terms of this agreement, which encompasses various internal and external sea, air, and land transport and freight services, Bahri will serve as the official carrier for the Presidency of State Security and all its divisions. https://cyprusshippingnews.com/2020/11/09/bahri-signs-five-year-framework-agreement-with-presidency-of-state-security/
4. NYK maintains and expands LNG bunkering fuel Business of terminated “Gas4Sea”
NYK and its partners have dissolved Marine LNG Zeebrugge NV/SA,* a JV company created to manage the global brand “Gas4Sea” for the bunkering of LNG (liquefied natural gas) fuel for ships. The partners additionally agreed to transfer all shares of the exclusive vessel holding company for the LNG bunkering vessel (LBV) Engie Zeebrugge to NYK and make the holding company a wholly owned subsidiary of NYK. https://cyprusshippingnews.com/2020/11/09/nyk-maintains-and-expands-lng-bunkering-fuel-business-of-terminated-gas4sea/
5. Anglo American signs with U-Ming for LNG-fuelled cape series
Shippers getting owners to order gas-fuelled ships are increasing in number. Miner Anglo American revealed today it has tapped Taiwan’s U-Ming for four 190,000 dwt LNG-fuelled capes, which it will take on long term charter when they deliver from Shanghai Waigaoqiao Shipbuilding in 2023. https://splash247.com/anglo-american-signs-with-u-ming-for-lng-fuelled-cape-series/
6. Proman Stena Bulk orders additional methanol-powered tanker
Proman Stena Bulk, a joint venture formed last year between Proman Shipping and Stena Bulk, has finalised an agreement to build an additional methanol-powered tanker at China’s Guangzhou Shipyard International (GSI).
7. German cryogenics firm develops Covid-19 vaccine container solution
Shipping and financial markets have reacted positively to yesterday’s hopeful Pfizer coronavirus vaccine news. However, logistical concerns continue to be raised about the distribution of the drug, which needs to be kept at a temperature of minus 80 degrees Celsius, something most doctor’s practices would struggle to store in volume around the world. https://splash247.com/german-cryogenics-firm-develops-covid-19-vaccine-container-solution/
8. Baltic Index Rises On Higher Rates For Capesizes
The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, inched up on Monday as rates improved for the capesize vessel segment. The Baltic dry index was up 11 points, or 0.9%, at 1,207.
9. India: Major Ports’ Cargo Traffic Falls For 7th Month In Oct; 12% Drop In Apr-Oct
India’s top 12 ports registered a 12.43 per cent decline in cargo traffic during the April-October period of the current fiscal to 354.81 million tonnes (MT) amid COVID-19-related disruptions, according to ports’ apex body IPA. https://www.shippingtribune.com/news/shipping/+India%3A+Major+ports%27+cargo+traffic+falls+for+7th+month+in+Oct%3B+12%25+drop+in+Apr-Oct+
10. The CMA CGM TENERE Carries Out Its First LNG Bunkering In Rotterdam
In Rotterdam, CMA CGM is carrying out the first LNG bunkering of the CMA CGM TENERE, the first of six 15,000-TEU, LNG-powered container ships chartered by the CMA CGM Group, a world leader in shipping and logistics.
12,000m3 of LNG will be pumped into the CMA CGM TENERE’s tanks by Total’s Gas Agility, the world’s largest LNG bunker vessel, while the container ship carries out cargo handling operations concurrently. After the bunkering, the CMA CGM TENERE will join the Group’s iconic French Asia Line (FAL 1) connecting Asia with Europe. https://www.shippingtribune.com/news/shipping/The+CMA+CGM+TENERE+carries+out+its+first+LNG+bunkering+in+Rotterdam