1. Intership signs with FESCO
Intership has signed a ‘letter of intent’ with Russian company FESCO. The agreement cements future co-operation with the Russian company for general technical and management services and strategic diversification and expansion of their fleet.
https://cyprusshippingnews.com/2021/06/15/intership-signs-with-fesco/
2. Castor Maritime announces delivery of the M/V Magic Eclipse and new charter agreement
Castor Maritime, a diversified global shipping company, announces that on June 7, 2021, it took delivery of the M/V Magic Eclipse, the 2011 Japanese-built Panamax dry bulk vessel it had agreed to acquire as previously announced on April 9, 2021. The M/V Magic Eclipse acquisition was financed in its entirety with cash on hand.
https://cyprusshippingnews.com/2021/06/15/castor-maritime-announces-delivery-of-the-m-v-magic-eclipse-and-new-charter-agreement/
3. Swedish Rederi AB Donsötank launched its second LNG-powered oil products and chemical tanker at Chinese Wuhu Shipyard
On June 10, 2021, the launching ceremony of the 2nd 22000 DWT Hybrid Chemical Tanker (CT) built by Wuhu shipyard Co., Ltd for Sweden Donsö Shipping AB, was successfully held. Anhui Provincial Department of Economy and Information Technology, Wuhu Economic and Information Technology Bureau, Wuhu Development and Reform Commission, Donsö Shipping AB, Clarkson Plato Ship Brokers, DNV and the top management of Wuhu Shipyard celebrated the grand launching together. https://cyprusshippingnews.com/2021/06/15/swedish-rederi-ab-donsotank-launched-its-second-lng-powered-oil-products-and-chemical-tanker-at-chinese-wuhu-shipyard/
4. CNES and CMA CGM sign unique partnership agreement to spawn innovative solutions for shipping, logistics and the space industry
Meeting at the Toulouse Space Centre on Thursday 10 June, CNES Chairman & CEO Philippe Baptiste and Rodolphe Saadé, Chairman & CEO of the CMA CGM Group, a world leader in shipping and logistics, signed a unique partnership agreement. This five-year agreement will call on the respective expertise of CNES and CMA CGM to identify, design and develop innovative solutions together to serve shipping, logistics and the space industry. https://cyprusshippingnews.com/2021/06/15/cnes-and-cma-cgm-sign-unique-partnership-agreement-to-spawn-innovative-solutions-for-shipping-logistics-and-the-space-industry/
5. Containership Owner Costamare Enters Dry Bulk Shipping Sector
U.S.-listed containership owner and charterer Costamare Inc. (NYSE: CMRE) announced the acquisition today of 16 dry bulk vessels, marking a new sector for the company. The vessels, which are currently operating in the spot market, range between 33,000 and 85,000 DWT with an average age of 10 years. https://gcaptain.com/containership-owner-costamare-enters-dry-bulk-shipping-sector/
6. Home Depot Chartering Its Very Own Ship to Avoid Shipping Problems
How bad is the container shipping crisis? So bad that The Home Depot has chartered its own ship. This isn’t a joke. Between soaring freight rates, a lack of ship and container capacity, and never-ending port congestion, the world’s largest home improvement retailer with $132 billion in sales last year has resorted to chartering its own ship that will be 100% dedicated to the company. https://gcaptain.com/home-depot-chartering-its-very-own-ship-to-avoid-shipping-problems/
7. Home Depot hires containership to combat supply chain congestion and delays
The move to charter in a containership solely for its own use was revealed by the retailer on CNBC as part of measures it is taking to beat supply chain congestion and equipment shortages. “We have a ship that’s solely going to be ours and it’s just going to go back and forth with 100% dedicated to Home Depot,” President and Chief Operating Officer of Home Depot, Ted Decker said in an interview with CNBC. https://www.seatrade-maritime.com/containers/home-depot-hires-containership-combat-supply-chain-congestion-and-delays
8. CULines orders two containerships from Yangzijiang Shipbuilding
The new boxship pair will be pre-installed digitized and intelligent ship management system for remote monitoring and management of vessel. The 2,400 teu containerships are due for delivery in 2023 and will be deployed on intra-Asia services. https://www.seatrade-maritime.com/containers/culines-orders-two-containerships-yangzijiang-shipbuilding
9. South Korea’s Shipbuilders Deal Still In Limbo
The European Union’s (EU) antitrust regulator has not yet resumed its review of the proposed merger between South Korea’s two leading shipbuilders, putting its decision on hold for nearly a year. The EU Competition Commission has stopped the clock in its in-depth investigation into the US$1.8bil (RM7.4bil) acquisition of Daewoo Shipbuilding & Marine Engineering Co (DSME) by Hyundai Heavy Industries Holdings Co (HHIH) since July 3, 2020. https://www.shippingtribune.com/news/shipping/South+Korea’s+shipbuilders+deal+still+in+limbo
10. Ports Of LA And Long Beach Shatter All-Time Statistical Records
THE Port of Los Angeles has become the first port in the Western Hemisphere to handle 10 million TEU in the 12 months to June. Meanwhile the adjacent San Pedro Port of Long Beach was just behind with a throughput of 900,000 TEU in the same period for the first time in its 110-year history. https://www.shippingtribune.com/news/shipping/Ports+of+LA+and+Long+Beach+shatter+all-time+statistical+records
