1. EU shipowners welcome Parliament’s call for a comprehensive approach under FuelEU Maritime
The European Parliament’s Report also embraces a holistic approach by addressing the role of the entire maritime cluster including ports and energy suppliers. It highlights the positive contribution of digitalisation, automation and port call optimization in achieving the objectives of the European Green Deal. https://cyprusshippingnews.com/2021/02/25/eu-shipowners-welcome-parliaments-call-for-a-comprehensive-approach-under-fueleu-maritime/
2. Annual cargo theft report indicates significant new trends
The report, which reflects whole year data from 2020 compiled by leading international transport and logistics insurer, TT Club, and global provider of supply chain intelligence, BSI, highlights significant new trends in risks both regionally and globally. https://cyprusshippingnews.com/2021/02/25/annual-cargo-theft-report-indicates-significant-new-trends/
3. Inmarsat announces appointment of Rajeev Suri as CEO
Inmarsat, the world leader in global, mobile satellite communications, announces that Rajeev Suri, former Nokia CEO, will join the business and assume the role of CEO and become a director of Connect Bidco Limited, the holding company for Inmarsat, from 1 March 2021. Rupert Pearce will step down as CEO from 28 February 2021.
4. Consequences of COVID pandemic affect the Port of Hamburg’s 2020 throughput
Seaborne cargo throughput in the Port of Hamburg performed better than expected in the fourth quarter of 2020. The upward trend has been noticeable since the third quarter. Seaborne cargo throughput in the fourth quarter was even around three percent higher than in the same quarter the year before.
5. Adaptability is key, ‘but we will not work for free’ – CMA CGM chief Saade
Container shipping has faced exceptional challenges in the last year with the Covid-19 pandemic initially causing a huge drop in demand, following by an unprecedented surge in demand, exacerbated by the shortage of equipment, Saade said adaptability had been key to surviving this. https://www.seatrade-maritime.com/containers/adaptability-key-we-will-not-work-free-cma-cgm-chief-saade
6. Wartsila, Ocean Technologies to jointly deliver digitalised and simulated learnings
The strategic partnership aims to provide industry stakeholders in maritime learning with opportunities to be connected on a single end-to-end learning journey, combining on-demand digital training and assessment, virtual and simulation events via cloud-based solutions, and in-person learning experiences at maritime training centres or aboard ship. https://www.seatrade-maritime.com/technology/wartsila-ocean-technologies-jointly-deliver-digitalised-and-simulated-learnings
7. Biden Trade Pick Says China Must Deliver on Phase-One Pact
President Joe Biden’s nominee for trade chief called on China to live up to the commitments in its trade pact with the U.S. — the strongest signal yet that the new administration plans to build on the accord brokered by its predecessor rather than scrap it.
8. Oil-Based Bunker Fuel Demand to Drop as Ships Cut Emissions -Woodmac
Global demand for oil-based marine fuels is set to fall in the next three decades as stricter carbon emissions rules for the shipping industry kick in and alternative fuel use climbs, consultancy Wood Mackenzie said on Friday. The U.N.’s International Maritime Organization (IMO) is set to formally adopt energy efficiency regulations in June that aim to reduce the carbon footprint of new and existing ships by 40% by 2030 compared with 2008 levels. https://gcaptain.com/oil-based-bunker-fuel-demand-to-drop-as-ships-cut-emissions-woodmac/
9. Over 45,000 Jobs Will Be On Offer For Seafarers During Maritime India Summit
Over 45,000 jobs will be on offer for seafarers through several memorandum of understandings that will be signed during the Maritime India Summit scheduled between March 2 to 4. Informing this, Amitabh Kumar, Director General – Shipping, said in a conference that they have received many requests for signing MoUs and offers to set up maritime institutes in India. https://www.shippingtribune.com/news/shipping/Over+45%2C000+jobs+will+be+on+offer+for+seafarers+during+Maritime+India+Summit
10. Baltic Slips To Over One-Week Low On Easing Capesize, Panamax Rates
The Baltic Exchange’s main sea freight index fell to its lowest in more than a week on Friday, weighed by weaker demand for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 25 points, or 1.5%, to 1,675, its lowest since Feb. 16. https://www.shippingtribune.com/news/shipping/Baltic+Slips+To+Over+One-Week+Low+On+Easing+Capesize%2C+Panamax+Rates