1. Synergy CEO and Odfjell sustainability chief join MACN board
Captain Rajesh Unni, Founder and CEO Synergy Marine Group and Øistein Jensen, Chief Sustainability Officer of Odfjell have been elected to the board of the Maritime Anti-Corruption Network (MACN).
2. SCF Group continues to implement its industrial business strategy
SCF Group continued to grow its long-term industrial business portfolio, with a focus on implementation of the most advanced green technologies. Over the course of Q1 2021 SCF added one vessel to its fleet – the LNG carrier SCF Timmerman – and operated a fleet of 45 industrial vessels as of 31 March 2021. https://cyprusshippingnews.com/2021/05/21/scf-group-continues-to-implement-its-industrial-business-strategy/
3. OneLearn Global and Cyprus Marine and Maritime Institute sign MoU to develop collaboration
Recently launched OneLearn Global and the Cyprus Marine and Maritime Institute (CMMI) have signed a Memorandum of Understanding (MoU) with the aim of developing collaboration in the field of education and training, encompassing marine and offshore technology, marine robotics and maritime digitalisation. https://cyprusshippingnews.com/2021/05/21/onelearn-global-and-cyprus-marine-and-maritime-institute-sign-mou-to-develop-collaboration/
4. Skuld’s IMO 2020 sulphur cap experience
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) came into force. The regulation orders ships to only use marine fuels with a sulphur content of no more than 0.50% sulphur. Ships fitted with an approved type of exhaust gas cleaning system (EGCS) or scrubbers may continue to use high sulphur fuel oils. https://cyprusshippingnews.com/2021/05/21/skulds-imo-2020-sulphur-cap-experience/
5. BIMCO supports new IMO water level alarms for cargo holds
The International Convention for the Safety of Life at Sea (SOLAS) currently require single hold cargo ships of less than 80 meters (100 meters if constructed before 1 July 1998) to have a water level detection alarm. These ships are not required to undertake a damage stability assessment, which means there are no requirements to assess the effect of flooding of the cargo hold. https://cyprusshippingnews.com/2021/05/21/bimco-supports-new-imo-water-level-alarms-for-cargo-holds/
6. Concerned Sri Lankan authorities demand blaze-hit boxship heads out to sea
Sri Lanka’s Marine Environment Protection Authority (MEPA) has instructed the master of the fire struck X-Press Pearl to move the ship from its anchorage off Colombo and head out of Sri Lankan waters. The three-month old vessel caught fire on Thursday evening. Among its cargo are 25 tons of nitric acid. https://splash247.com/concerned-sri-lankan-authorities-demand-blaze-hit-boxship-heads-out-to-sea/
7. Everfuel and Norsk Hydro to build hydrogen supply chain
Denmark’s Everfuel has teamed up with aluminium producer Norsk Hydro’s renewable hydrogen company on hydrogen supply for industrial and mobility use The two companies will seek to establish a framework for hydrogen electrolysers based on renewable energy in Europe. https://splash247.com/everfuel-and-norsk-hydro-to-build-hydrogen-supply-chain/
8. What’s on the horizon for tankers?
Tanker owners face many questions from navigating out of the current loss-making market, what fuels to use in the future for their vessels, and the long-term impact of climate change on the sector as whole. https://www.seatrade-maritime.com/tankers/whats-horizon-tankers
9. Sabrina Chao takes the helm at Bimco
Chao takes over from Şadan Kaptanoğlu, managing director of Kaptanoglu Shipping, who has completed her two-year term, and was elected President at Bimco’s online annual general meeting held online on Thursday. “I am honoured to be offered this opportunity by an organisation that is trusted world-wide with a membership representing over half of the world cargo fleet,” said Chao. https://www.seatrade-maritime.com/regulation/sabrina-chao-takes-helm-bimco
10. Baltic Index Gains On Higher Capesize Rates
The Baltic exchange’s main sea freight index rose on Friday, driven by higher capesize vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 45 points, or nearly 1.6%, to 2,869. But it was down 2.4% for the week.