1. Success Of IMO 2020 Rule Sets Momentum For Shipping’s Decarbonization Goals: IMO Division Head
Excellent cooperation and preparation by International Maritime Organization member states, ports and the shipping industry’s fuel providers was key to the successful implementation of the IMO 2020 rule, and has provided a future pathway for impending stricter environmental rules and other changes in international shipping, Roel Hoenders, head air pollution and energy efficiency of the Marine Environment Division at IMO, said. https://www.shippingtribune.com/news/shipping/Success+of+IMO+2020+rule+sets+momentum+for+shipping’s+decarbonization+goals%3A+IMO+division+head
2. Port of Long Beach sponsors March 27 food giveaway
Groceries will be available for families affected by the economic challenges of COVID-19 during a food distribution event sponsored by the Port of Long Beach, Labor Community Services and the Los Angeles Regional Food Bank. The drive-through food donation event is scheduled from 9 a.m. to noon Saturday, March 27, at 1650 W. Ninth St. in West Long Beach. Early arrival is advised and no walk-ups will be permitted. https://cyprusshippingnews.com/2021/03/24/port-of-long-beach-sponsors-march-27-food-giveaway/
3. Full complement of the Bahamas Maritime Authority documentation now available electronically
The Authority launched a suite of major enhancements to its online registration information system (BORIS) late last year meaning that companies registering for the service are able to digitally access many of the services offered by The BMA. The implementation of a move to full electronic certification is the natural extension of this amenity and fulfils the requirements of IMO FAL.5/Circ.39/Rev.2 guidelines for the use of electronic certificates. https://cyprusshippingnews.com/2021/03/24/full-complement-of-the-bahamas-maritime-authority-documentation-now-available-electronically/
4. Supply chain decarbonisation: What corporations must consider
New research published earlier this year shows how tackling supply chain emissions can be a game-changer in the worldwide battle against climate change. Net-Zero Challenge: The Supply Chain Opportunity from the World Economic Forum and the Boston Consulting Group looks at the top eight worldwide supply chains that produce more than 50% of global greenhouse (GHG) emissions. They find that several corporations can multiply their climate impact by focusing on supply chain decarbonization. https://cyprusshippingnews.com/2021/03/24/supply-chain-decarbonisation-what-corporations-must-consider/
5. Hapag-Lloyd AG plans to issue a sustainability-linked senior note
Subject to attractive market conditions, Hapag-Lloyd AG plans to issue a sustainability-linked corporate senior note in the amount of EUR 300 million, which will comply with the principles of the International Capital Market Association (ICMA). To this end, a consortium of banks was engaged today to hold meetings with potential investors in the near future.
6. Suez Canal blocked by stranded Evergreen boxship
An ultra large container ship operated by Evergreen ran aground on the Suez Canal on Tuesday, blocking traffic on one of the world’s most important waterways. A picture taken by crew onboard another ship in the canal, the Maersk Denver, shows the 2018-built 20,388 teu Ever Given, which was en route from Shenzhen to Rotterdam, blocking the canal in both directions after it got stuck near the Red Sea entrance of the canal. The cause of the incident remains unknown at the moment. https://splash247.com/suez-canal-blocked-by-stranded-evergreen-boxship/
7. No jab, no job threat could provoke next crew crisis
The International Chamber of Shipping (ICS) has warned that lack of access to vaccinations for seafarers is placing shipping in a ‘legal minefield’, while leaving global supply chains vulnerable. A legal document due to be circulated to the global shipping community later this week by ICS highlights concerns that vaccinations could soon become a compulsory requirement for work at sea because of reports that some states are insisting all crew be vaccinated as a pre-condition of entering their ports.
8. Who will win shipping’s battle for data?
Organisations that have capitalised on the true value their data are reaping the benefits – 5 of the top 6 valued companies in the world are data companies. There is a case to be made that data is more precious than the most valuable commodities – and like any commodity, when it is processed and packaged as a product, its value soars. https://www.seatrade-maritime.com/big-data/who-will-win-shippings-battle-data
9. Philippines Protests ‘Threatening Presence’ of Chinese Vessels in Disputed South China Sea Waters
Philippines complained to China on Monday about what it described as the “swarming and threatening presence” of Chinese vessels in disputed waters in the South China Sea and demanded they be withdrawn from the area. Philippine officials reported about 220 vessels, believed to be manned by Chinese maritime militia personnel, were seen anchored at the Whitsun Reef, which Manila calls the Julian Felipe Reef, on March 7. https://gcaptain.com/philippines-protests-threatening-presence-of-chinese-vessels-in-disputed-south-china-sea-waters/
10. 11 Coal Ships Depart From Baltimore In Week Ended March 21: CFlow
Eleven coal-laden ships departed from Baltimore in the week ended March 21, up from six from a week earlier, according to cFlow, Platts’ trade flow software. The total dead-weight tonnage of the departures was 842,940 dwt, up from 608,954 dwt in the prior week, according to the data. https://www.shippingtribune.com/news/shipping/11+coal+ships+depart+from+Baltimore+in+week+ended+March+21%3A+cFlow