1. Great Eastern Shipping, Foresight lead list of contenders in SCI’s privatisation
Great Eastern Shipping Co and the London-based Foresight Group are among the leading names that have put in bids to buy national carrier Shipping Corporation of India (SCI), which has been put up for sale by the Indian government. https://www.seatrade-maritime.com/finance-insurance/great-eastern-shipping-foresight-lead-list-contenders-scis-privatisation
2. Cyprus Tourism Deputy Ministry welcomes Royall Caribbean’s decision to include Cyprus in their cruise schedules
Cyprus Deputy Ministry for Tourism welcomed world-renowned cruise ships company, Royal Caribbean’s decision to incorporate Cyprus among its destinations during June – August 2021, utilising a brand-new ship, to be delivered shortly. In a press release issued today, the Deputy Ministry said the new course departs from Israel and will dock in Cyprus and Greece before returning back to Israel. https://cyprusshippingnews.com/2021/03/03/cyprus-tourism-deputy-ministry-welcomes-royall-caribbeans-decision-to-include-cyprus-in-their-cruise-schedules/
3. New guidance as the UK leads the way in seafarer welfare
The UK continues to lead the way in seafarer welfare during the pandemic, with new, detailed information issued to ship owners and managers to understand the long-term wellbeing impacts of COVID-19 on their crew.
https://cyprusshippingnews.com/2021/03/03/new-guidance-as-the-uk-leads-the-way-in-seafarer-welfare/
4. Dolphin Marine Group successfully expands in Djibouti despite the pandemic
Dolphin Marine Group, a leader in maritime safety equipment and services, has opened its new office in Djibouti, after successfully capturing markets in Egypt and Dubai. This move was made despite the COVID-19 pandemic that impacted the global marine industry and led to an economic downturn.
https://cyprusshippingnews.com/2021/03/03/dolphin-marine-group-successfully-expands-in-djibouti-despite-the-pandemic/
5. Geneva Declaration on Human Rights at Sea Operational Annex under review
On Friday 26th February, Prof. Dr.iur. Anna Petrig, Prof. Irini Papanicolopulu, Prof. Steven Haines, Dr. Sofia Galani, David Hammond and Dr. Elisabeth Mavropoulou, members of the core drafting team of the Geneva Declaration on Human Rights at Sea, virtually convened to review the drafting of the Operational Annex of the final version of the Geneva Declaration on Human Rights at Sea. https://cyprusshippingnews.com/2021/03/03/geneva-declaration-on-human-rights-at-sea-operational-annex-under-review/
6. Containership orderbook poised for growth
After a decade of failing to cover capital costs in container shipping, box lines have enjoyed a period of higher rates and quarterly profits as a consequence of the Covid-19 pandemic. This good fortune may lead owners to place new orders at shipyards, something Hapag-Lloyd ceo Rolf Habben Jansen welcomed in a speech at TPM21. https://www.seatrade-maritime.com/containers/containership-orderbook-poised-growth
7. Chinese container ports Feb volumes surge 60% one year on from Covid lockdown
During the period 1 – 20 February container volume at eight major Chinese ports surged 60.7% a year on from the world’s first Covid-19 lockdown in 2020 when China took an extended shutdown following the Lunar New Year. https://www.seatrade-maritime.com/ports-logistics/chinese-container-ports-feb-volumes-surge-60-one-year-covid-lockdown
8. American Petroleum Institute Weighing Support of Carbon Pricing -Source
The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting mandatory government climate policies, a source familiar with the decision-making said. https://gcaptain.com/american-petroleum-institute-weighing-support-of-carbon-pricing-source/
9. Global Cargo Traffic Jam Could Last to 2022
“The domestic freight markets are extremely dislocated and the global air-freight and ocean markets have tremendous amounts of constraints around them,” said Bob Biesterfeld, chief executive officer of C.H. Robinson Worldwide Inc. “We could be standing up a pretty strong freight market throughout 2021, if not into 2022.” https://gcaptain.com/global-cargo-traffic-jam-could-last-to-2022/
10. The CMA CGM Group Builds Up Its Terminal Footprint Position In The Mediterranean Through An Equity Stake In TTIA Container Terminal In Algeciras
The CMA CGM Group, a world leader in shipping and logistics, announced today that its CMA Terminals subsidiary has acquired a 50% interest minus one share in Spain’s Total Terminal International Algeciras (TTIA) port terminal. https://www.shippingtribune.com/news/shipping/The+CMA+CGM+Group+builds+up+its+terminal+footprint+position+in+the+Mediterranean+through+an+equity+stake+in+TTIA+container+terminal+in+Algeciras
