1. Tropical Shipping selects World-Link ShipSat HTS KU Band Service
Tropical Shipping, a cargo shipping company based in Florida, chose World-Link Communications as a new service provider for their technology upgrade for their entire fleet. The 17 vessels are trading regionally within the Bahamas, the Caribbean, and North America. Tropical Shipping selected ShipSat HTS-60, which operates on a 60 cm KU Band HTS network and Iridium Certus as a backup solution. ShipSat HTS is powered by Intelsat’s award-winning FlexMaritime service and is managed through the ShipSat platform. World-Link’s core value-added service ShipSat will offer a unique service and end-user experience onboard and provides a centralised and efficient management platform for the IT team on shore. https://cyprusshippingnews.com/2021/04/22/tropical-shipping-selects-world-link-shipsat-hts-ku-band-service/
2. Shipping bodies call on world leaders to bring forward discussions on global market-based measures
Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.
https://cyprusshippingnews.com/2021/04/22/shipping-bodies-call-on-world-leaders-to-bring-forward-discussions-on-global-market-based-measures-2/
3. Foundation Det Norske Veritas contributes S$10 million to help launch a maritime decarbonisation centre in Singapore
The centre’s stated mission is to catalyse and facilitate decarbonization in the maritime sector and will be supported by contributions from the founding members totalling S$120 million. Its creation follows the release of a recommendation by the International Advisory Panel (IAP) – a Singapore Maritime Foundation initiative – on maritime decarbonization to set up a decarbonization centre in Singapore. https://cyprusshippingnews.com/2021/04/22/foundation-det-norske-veritas-contributes-s10-million-to-help-launch-a-maritime-decarbonisation-centre-in-singapore/
4. BIMCO asks the IMO to improve the ballast water record book
Due to conflicting interpretation of the records in the ballast water record book (BWRB) by external parties, ships’ crew are faced with a dilemma when filling out the information in the BWRB. In response to this, BIMCO has co-sponsored a paper for the upcoming 76th Marine Environment Protection Committee meeting (MEPC 76) with the aim to improve the existing IMO guidance on the topic. https://cyprusshippingnews.com/2021/04/22/bimco-asks-the-imo-to-improve-the-ballast-water-record-book/
5. Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge
Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessel ferrying dry bulk commodities, jumped 238 points, or 9.6%, to 2,710, its highest since October 2010. https://gcaptain.com/baltic-dry-index-jumps-to-over-10-year-peak-on-capesize-surge/
6. NTSB: Poor Cargo Loading Procedures Led to Loss of Containers off Hawaii
Poor barge loading resulted in the loss of 21 cargo containers into the ocean off the coast of Hawaii last year, the National Transportation Safety Board said in its report on the accident. The barge Ho’omaka Hou, owned and operated by Young Brothers, LLC, was being towed by the Hoku Loa approximately 6.9 nautical miles north-northwest of Hilo at the time the June 22, 2020 accident. The accident resulted in $1.6 million in damages, but no injuries. https://gcaptain.com/ntsb-poor-cargo-loading-procedures-led-to-loss-of-containers-off-hawaii/
7. Indonesian Navy’s Submarine Goes Missing with 53 Aboard. Oil Spill Spotted Near Dive Spot
Indonesian rescuers searching for a submarine that went missing with 53 people on board found an oil spill on Wednesday near where the vessel dived, authorities said. The 44-year-old submarine, KRI Nanggala-402, was conducting a torpedo drill in waters north of the island of Bali but failed to relay the results as expected, a navy spokesman said. https://www.marinelink.com/news/indonesian-navys-submarine-goes-missing-487060
8. We Need to Break the Link Between Speed and Dry Bulk Emissions -Nachipa CEO
There’s a natural predictability to much of the dry bulk sector. Coal demand peaks in summer and winter when seasonal cooling or heating is required, and iron ore typically peaks in the latter half of the year as China imports huge quantities to produce steel in advance of the spring construction season.
https://www.marinelink.com/news/need-break-link-speed-dry-bulk-emissions-487054
9. Navios Maritime Holdings Is Optimistic About Demand For Dry Bulk Carriers In 2021
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, today reported financial results for the fourth quarter and year ended December 31, 2020. Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results for the fourth quarter and full year of 2020. For the full year of 2020, Navios Holdings reported revenue of $416.7 million and adjusted EBITDA of $153.4 million. For the fourth quarter, Navios Holdings reported revenue of $102.4 million and adjusted EBITDA of $37.6 million.” https://www.shippingtribune.com/news/shipping/Navios+Maritime+Holdings+Is+Optimistic+About+Demand+for+Dry+Bulk+Carriers+in+2021
10. AP Moller Maersk Halts Buying Of Ships Without Zero Carbon Capability
One of the world’s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, a top company official said late April 20.“Going forward, we will only order ships which have zero carbon emission capability,” managing director of the company’s Singapore arm, Rene Piil Pedersen told S&P Global Platts on the sidelines of the Marine Money conference held in Singapore on April 20. https://www.shippingtribune.com/news/shipping/AP+Moller+Maersk+halts+buying+of+ships+without+zero+carbon+capability
