1. Ferry connection between Limassol and Piraeus
Captain Weng Lin and Angelos Karakostas, both Deputy CEOs of Piraeus Port Authority S.A., met at the company’s Headquarters with Cyprus Deputy Minister of Shipping, Mr. Vasilis Demetriades and the Director General at Cyprus Shipping Deputy Ministry, Mr Neophytos Papadopoulos to discuss about the Cyprus-Greece maritime link, more specifically, the ferry connection to link Piraeus and Limassol. https://cyprusshippingnews.com/2021/07/15/ferry-connection-between-limassol-and-piraeus/
2. Ever Given departs for Rotterdam after obtaining certificate of seaworthiness
Evergreen Line was notified by the owner of the EVER GIVEN yesterday
(7th July) that a formal agreement has been signed with the Suez Canal
Authority to settle the compensation claim and the ship’s arrest order has
also been lifted. The chartered vessel has departed from the Great Bitter Lake in the Suez
Canal and safely arrived at Port Said for inspection. According to the ship
owner, the classification society planned to complete the inspection on July
10th. https://cyprusshippingnews.com/2021/07/15/ever-given-departs-for-rotterdam-after-obtaining-certificate-of-seaworthiness/
3. Financing a sustainable future
‘Financing Options’ was the theme of the second IMO-EBRD-World Bank lead FIN-SMART Roundtable meeting (9 July). The FIN-SMART Roundtables provide a platform for regular dialogue among key maritime stakeholders on addressing the financial challenges related to the transition of shipping to a more sustainable and resilient future. https://cyprusshippingnews.com/2021/07/15/financing-a-sustainable-future/
4. European shipowners welcome the Fit for 55 climate package but fear lack of consistency among proposals may undermine increased climate ambition
ECSA welcomes the increased climate ambition of the ‘Fit for 55’ climate package published today, recognising that the climate crisis is one of the greatest humanitarian, economic and environmental challenges our societies are facing. However, European shipowners notice a lack of consistency among some of the proposals of the package which may undermine its environmental objectives and therefore urge for more consistency. https://cyprusshippingnews.com/2021/07/15/european-shipowners-welcome-the-fit-for-55-climate-package-but-fear-lack-of-consistency-among-proposals-may-undermine-increased-climate-ambition/
5. Port of Los Angeles Finishes Fiscal Year at 10.9 Million TEUs, a New Western Hemisphere Record
The Port of Los Angeles has closed its fiscal year with record volumes of 10,879,383 TEUs, setting a new Western Hemisphere record as the economy rebounded from COVID-19 shut-downs. The nation’s busiest port finished it fiscal year in June moving 876,430 Twenty-Foot Equivalent Units (TEUs) for its busiest June ever. Over the past 12 months, the Port of Los Angeles surpassed eight monthly records, had its two highest-performing quarters, and had its top four individual months in the port’s history. https://gcaptain.com/port-of-los-angeles-finishes-fiscal-year-at-10-9-million-teus-a-new-western-hemisphere-record/
6. Norwegian Cruise Line Sues Florida Over Vaccine Passport Ban
Norwegian Cruise Line has filed a lawsuit challenging Florida’s ban on the use of vaccine passports, which the company says is hampering its ability to safely resume passenger cruises from the state. Norwegian Cruise Line Holdings filed the lawsuit this week with the U.S. District Court in the Southern District of Florida against State Surgeon General Scott Rivkees, seeking relief from recent legislation prohibiting businesses from requiring proof of COVID-19 vaccination. https://gcaptain.com/norwegian-cruise-line-sues-florida-over-vaccine-passport-ban/
7. Shipping needs global strategy for carbon pricing
The panellists’ call for a global setup came at a critical moment yesterday, just a few hours before the European Union announced that shipping would be included in the bloc’s Emissions Trading Scheme. It also preceded the imminent start of China’s emissions trading scheme, billed as the world’s largest carbon trading market, later this month. https://www.seatrade-maritime.com/environmental/shipping-needs-global-strategy-carbon-pricing
8. Italy Bans Cruise Liners from Venice
Italy on Tuesday banned cruise liners from Venice lagoon to defend its ecosystem and heritage, moving to end years of hesitation and putting the demands of residents and culture bodies above those of the tourist industry. The government decided to act after the United Nations culture organization UNESCO threatened to put Italy on a blacklist for not banning liners from the World Heritage site, cabinet sources said. https://www.marinelink.com/news/italy-bans-cruise-liners-venice-489146
9. Saudi Arabia, UAE Reach Compromise Oil Output Deal
Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ oil policy, giving the UAE a higher production baseline and paving the way for extending a pact on remaining supply curbs to the end of 2022, an OPEC+ source said on Wednesday. The UAE’s baseline, the level from which cuts under the OPEC+ agreement on supply curbs are calculated, will be 3.65 million barrels per day from April 2022, the date when the existing pact had been due to expire, the source said. https://www.shippingtribune.com/news/shipping/Saudi+Arabia%2C+UAE+reach+compromise+oil+output+deal
10. World’s Recoverable Oil Now Seen 9% Slimmer; Commercial Volumes Can Keep Global Warming Below 1.8?C
Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Our 2021 review deals a major blow for the size of the world’s remaining recoverable oil resources – but it also shows that oil production and consumption can align with climate goals. https://www.shippingtribune.com/news/shipping/World’s+recoverable+oil+now+seen+9%25+slimmer%3B+commercial+volumes+can+keep+global+warming+below+1.8%3FC
