1. Seafarers International COVID Relief Fund raised to-date: $1,174,230
The COVID-19 crisis in India is already out of control and as the pandemic continues to increase in ferocity, seafarers and their families are in desperate need of our collective help. We urgently call on the industry to contribute to this Fund and help seafarers and their families affected by COVID-19 across India. https://cyprusshippingnews.com/2021/08/19/seafarers-international-covid-relief-fund-raised-to-date-1174230/
2. More tankers calling at UAE’s Fujairah port, boosting bunker sales: traders
The UAE’s Port of Fujairah, the world’s third largest bunkering hub, is receiving more oil tankers, leading to an increase in marine fuel sales, traders said Aug. 16, after the port reported a surprising 2.8% gain in July sales on the month “The increase in tanker callings at Fujairah had supported LSFO bunker sales in July, along with inquiries consisting of larger volumes,” a Fujairah-based bunker trader said. Some suppliers were also “very eager” to sell their LSFO cargoes at competitive prices, the trader added. https://cyprusshippingnews.com/2021/08/19/more-tankers-calling-at-uaes-fujairah-port-boosting-bunker-sales-traders/
3. Ship It Zero coalition applauds Mammut’s zero-emissions shipping commitment
Ship It Zero coalition members Stand.earth and Pacific Environment applaud Swiss outdoor gear brand Mammut’s new industry-leading climate commitment. The commitment “sets the bar in the fashion industry for a rapid and necessary transition to zero-emissions maritime shipping. Swiss outdoor gear brand makes industry-leading pledge to transition to ZEVs by 2030
https://cyprusshippingnews.com/2021/08/19/ship-it-zero-coalition-applauds-mammuts-zero-emissions-shipping-commitment/
4. NORDEN on track for best Annual Result in 11 years and increases guidance for full-year result
NORDEN has capitalised on the incredibly strong dry cargo market during Q2, thanks to record-high exposure, ongoing positioning and the ability to generate margins through strong operator activity. In addition, NORDEN has benefitted from significant increases in the market value of owned and leased vessels in the Asset Management unit, rising by USD 258 million during Q2, and has actively converted part of this market value to profit through vessel sales, with USD 29 million positively impacting H2 in sales gains. https://cyprusshippingnews.com/2021/08/19/norden-on-track-for-best-annual-result-in-11-years-and-increases-guidance-for-full-year-result/
5. Navy Sinks Ex-USS Ingraham During Live-Fire Exercise Off Hawaii
The U.S. Navy held its latest sinking exercise (SINKEX) this week off the coast of Hawaii. The exercise took place August 15 using the decommissioned guided-missile frigate ex-USS Ingraham as a target. Former Navy vessels used in sinking exercises, referred to as hulks, are prepared in strict compliance with Environmental Protection Agency regulations and under a general permit the Navy holds pursuant to the Marine Protection, Research and Sanctuaries Act .
https://gcaptain.com/navy-sinks-ex-uss-ingraham-during-live-fire-exercise-off-hawaii/
6. Walmart Dips Into Vessel Charter Market to Ease Supply Chain Difficulties
One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for goods as supply chain disruptions continue to threaten sales. Walmart president and CEO John Furner said the company had raised its inventory by 20% over the past six months and was in a good position to meet the “cost pressures” it expects in the third and fourth quarters. https://gcaptain.com/walmart-dips-into-vessel-charter-market-to-ease-supply-chain-difficulties/
7. Japanese firm looks to build next generation of energy transfer ships
Japanese company PowerX has unveiled plans to design and build an automated power transfer vessel to carry electricity from offshore wind farms to shore by 2025. The aim is to enable energy transmission between any two ports on the planet. PowerX said it will develop a vessel with a massive battery payload that is integrated with the ship’s controls that is resilient to natural disasters, requires less time and cost for development and leaves minimal impact on the environment compared to subsea power cables. https://splash247.com/japanese-firm-looks-to-build-next-generation-of-energy-transfer-ships/
8. Ross Offshore wins Aker Energy contract in Ghana
Norwegian services provider Ross Offshore has been awarded a contract with Aker Energy Ghana for engineering services. The HitecVision-owned firm said on Thursday the contract provides opportunities for all of the business units, including drilling & well, operations and subsea. “The first call-off has been made and we look forward to a long-term cooperation,” Ross Offshore said. https://splash247.com/ross-offshore-wins-aker-energy-contract-in-ghana/
9. Taliban Takeover In Afghanistan To Impact Trade With India, Says CAIT
The Taliban’s takeover of Afghanistan will impact bilateral trade relations with India, said Praveen Khandelwal, secretary general of the Confederation of All India Traders (CAIT). Afghan exports to India include dried raisins, walnuts, almonds, figs, pine nuts, pistachios, dried apricot and fresh fruits such as apricot, cherry, watermelon, and a few medicinal herbs. On the other hand, India’s exports to Afghanistan include tea, coffee, pepper and cotton, toys, footwear and various other consumable items, according to BC Bhartia, CAIT national president. https://www.shippingtribune.com/news/shipping/Taliban+takeover+in+Afghanistan+to+impact+trade+with+India%2C+says+CAIT
10. New Zealand Companies Deliver Innovative Technologies to North American Marine Market
The ocean has been a natural playground for generations of New Zealanders. With over a third of the population participating in boating each year, coupled with their undeniable love for the sea, New Zealanders are true marine enthusiasts. It is a mindset that has contributed to New Zealand’s long legacy of innovation in the industry. New Zealanders were first in the world to pioneer the development of water jet propulsion, and the first to develop the technology to transform all-terrain vehicles into oceangoing speed boats. Additionally, they discovered coatings to improve boat speed, fuel efficiency, and systems to keep people and property safe. https://www.hellenicshippingnews.com/new-zealand-companies-deliver-innovative-technologies-to-north-american-marine-market/
