1. Seaspan Continues Newbuild Buying Spree
Seaspan Corporation is continuing its newbuilding spree with an order for six 15,000 TEU containerships.
With the order, Seaspan has now announced 31 newbuild orders, including two 24,000 TEU vessels, and the acquisition of two secondhand 2019-built vessels since December 2020.
The containerships are anticipated to be financed from existing liquidity and additional borrowings. https://gcaptain.com/seaspan-continues-newbuild-buying-spree/
2. WISTA International Activities on International Women’s Day 2021
The importance of diversity and the roles of women in maritime are part of the celebrations for International Women’s Day (IWD 2021) taking place today (Monday 8 March 2021). Despina Panayiotou Theodosiou, President of WISTA International commented on the day: “The recognition of the vital roles women play in the maritime world have been thrown into even greater perspective by the global pandemic. The importance of the contribution everyone plays in the shipping world, the ports sector and the wider maritime industry cannot be undervalued – and women are an integral part of the solutions that the global economy needs as the slow recovery continues”. https://cyprusshippingnews.com/2021/03/09/wista-international-activities-on-international-womens-day-2021/
3. Stena Line aims to become the most diverse shipping company in the world
The Swedish ferry company has increased the number of female managers it employs by an impressive 42% in only 5 years and has the ambitious target of ensuring they account for 30% of all management by the end of next year.
4. Maritime Charities target ratings with extra cash for training
The Maritime Charities Group (MCG) is reminding ratings who’ve lost work due to Covid-19 that funding is available towards training and refresher courses that could help them get a new job or a new contract in the industry. Applications to the MCG Retraining and Redundancy Bursary, which was launched in November last year, have been coming in at a steady rate but the response from ratings has been lower than anticipated. Figures out this week show that over three quarters of successful applications came from officers.
5. Mental health issues on the rise onboard ship
Analysis of data generated by Mental Health Support Solutions (MHSS) over the three months to the end of February 2021, showed that anxiety among those onboard ship remained a growing issue with burnout and depression being widely reported in the first month of the study. According to MHSS, burnout and depression require a sustained and long-term approach to treatment, so these problems are likely to rise again as they are re-triggered by events.
6. Three Ships Carrying U.S. Ethanol Headed to China -Sources
Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United States to the country are increasing drastically. The shipments may surpass the total amount of U.S. ethanol that China imported last year, a positive development for the U.S. ethanol industry, which has seen decreased demand because of the coronavirus pandemic and the U.S.-China trade war. https://gcaptain.com/three-ships-carrying-u-s-
7. Has the Time Come to Rethink Shipping and Ship Design?
Almost every global supply chain has been affected during the Covid-19 pandemic with high demand for some products, delays caused by both truck and longshore labor shortages, and equipment shortages due to blank sailings last spring resulting in the bullwhip effect throughout the supply chain. https://gcaptain.com/has-the-time-come-to-rethink-shipping-and-ship-design/
8. America’s First Commercial-Scale Offshore Wind Farm Clears Key Regulatory Hurdle
The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts. The U.S. Bureau of Ocean Energy Management (BOEM)’s final environmental impact statement for the Vineyard Wind project, an 800-megawatt wind energy project will be published in the federal register by Friday, kicking off a final 30-day comment period before it issues its record of decision of whether it will approve the project. https://gcaptain.com/americas-first-commercial-scale-offshore-wind-farm-clears-key-regulatory-hurdle/
9. Firm Supramax Rates Force East Coast India Iron Ore, Pellet Cargoes On Capesizes: Sources
Expensive freight rates for chartering Panamax and Supramax bulk vessels have forced traders with iron ore and pellet cargoes from East Coast India to China to opt for bigger Capesize ships in a rare move, sources said. The East Coast India-to-China route is usually dominated by smaller bulkers given the stem sizes traded on this sector are largely 50,000-55,000 mt.
10. Dredger Plans Get A Lift
Cochin Shipyard Ltd has pulled off the impossible by coaxing the world’s biggest dredger maker, the Dutch company IHC Holland BV, to share technology, design and expertise to locally build specialised and complex vessels used for deepening and maintaining the channel of ports. The ‘operational and technological knowhow’ in dredger construction, particularly the large size and high-end Trailing Suction Hopper Dredgers (TSHD) are “closely held” in Europe, primarily by Dutch firms, making IHC a global giant in the field.