1. Frank Coles resigned from Wallem
The board of Wallem Group announce that Chief Executive Frank Coles has resigned and will be leaving the Wallem Group shortly. As many will be aware Frank has been very active in highlighting the plight of seafarers during the Covid-19 pandemic and now wishes to become more involved in promoting their welfare, as well as pursuing other opportunities.
2. New Managing Director for APM Terminals Japan
“I am pleased to welcome Sakura Kuma to APM Terminals Japan, where she will play a key role in the acceleration of our strategic transformation and lead the development of our business at the recently expanded Minami Honmoku terminals (MC1-4) in Yokohama”, says Tim Smith, Head of Terminals, Asia at APM Terminals. https://cyprusshippingnews.com/2021/01/15/new-managing-director-for-apm-terminals-japan/
3. Holland America Line Celebrates 75 Years In Alaska In 2022
Seattle, Wash., Jan. 13, 2021 — In 2022 Holland America Line is celebrating 75 years of Alaska exploration — longer than any other cruise line — and bookings are now open for its award-winning cruises and Land+Sea Journeys. Throughout the decades, the premium brand has cultivated its knowledge to create perfectly crafted Alaska adventures that offer travelers preferred access, exclusive overland transportation and immersive onboard experiences — which is why Holland America Line can say “We Are Alaska.”
4. Ocean Carriers Battle the Covid Cargo Crunch
Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage. When demand dropped some 20-30% in Q2 2020, carriers curtailed services and idled vessels. However, as cargo volume rose, carriers redeployed those assets as quickly as possible. https://cyprusshippingnews.com/2021/01/15/ocean-carriers-battle-the-covid-cargo-crunch/
5. CMA CGM strengthens its customer offer
Signature of Ocean Alliance Day 5 Product which will be launched in April 2021 with 39 services and a 4.1 million TEU capacity
Increased capacity to meet the needs of the Group’s customers
CMA CGM to offer the entire range of its high value-added services https://cyprusshippingnews.com/2021/01/15/cma-cgm-strengthens-its-customer-offer/
6. Ship demo rates close in on the $500 mark for the first time since 2014
Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first time since November 2014. A busy start to the year, led principally by eager Bangladeshi yards, has seen prices jump above $450 per ldt with many owners now actively rethinking recycling plans to take advantage of the strong prices on offer. https://splash247.com/ship-demo-rates-close-in-on-the-500-mark-for-the-first-time-since-2014/
7. More crew change complications emerge as virus mutates
Crew changes are once more becoming difficult as much of the world locks down again following the emergence of several new and more transmissible variants of Covid-19, crew specialist Danica has warned.
8. Fire hits Vale’s Ponta da Madeira terminal
Brazilian miner Vale has informed that an incident occurred on one of its ship loaders at the Ponta da Madeira Maritime Terminal, in São Luís, Maranhão in northeast Brazil. The fire brigade were activated and the fire contained without any victims or environmental damage, according to the company. https://splash247.com/fire-hits-vale-ponta-da-madeira-terminal/
9. Oil PSUs Exempted From Atmanirbhar Policy For Shipping Deals Below ?200 Cr
State-run oil firms have been allowed to issue global tenders to hire ships for hauling crude and petroleum products with contract value of less than ?200 crore for two years, in an exemption to the Atmanirbhar Bharat policy introduced last year to boost local firms. https://www.shippingtribune.com/news/shipping/Oil+PSUs+exempted+from+Atmanirbhar+policy+for+shipping+deals+below+%3F200+cr
10. India’s December Trade Deficit Reaches 25-Month High Of $15.4 Billion
Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December. Imports moved into positive territory for the first time since March, sending the trade deficit to a 25-month high of $15.44 billion in December against $9.87 billion in the previous month.