1. Governments are in duty for a climate-friendly transformation of the maritime industry
For shipowners, shipyards and suppliers, climate protection is a top priority. What stakeholders are unsure about, however, is how to implement it: There is still no clarity what fuel will prevail as the industry steers towards a carbon-neutral future. There can be no doubt that conventional propulsion is on its way out. In September 2022 the leading international maritime trade fair in Hamburg will provide guidance for the sectorâs âgreen transitionâ.
2. DP World to invest ÂŁ300m in new fourth berth at London Gateway logistics hub to strengthen UKâs supply chain
DP World today announces that it will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity for the worldâs largest vessels The ÂŁ300m sum â which builds on the ÂŁ2bn investment DP World has made in Britain over the last decade â represents the next step by the leading global provider of smart logistics in delivering integrated supply chain solutions for customers. https://cyprusshippingnews.com/2021/09/17/dp-world-to-invest-300m-in-new-fourth-berth-at-london-gateway-logistics-hub-to-strengthen-uks-supply-chain/
3. Save the date: A conversation with Women in Maritime Associations
Although the maritime industry has made progress towards its aim of gender diversity and greater inclusion of women in the sector, there is still much ground to be covered. Attend the IMO and IMOGENder Network joint webinar to learn what the Women in Maritime Associations (WIMAs) around the globe are doing to to make the maritime sector more welcoming to women. https://cyprusshippingnews.com/2021/09/17/save-the-date-a-conversation-with-women-in-maritime-associations/
4. Hapag-Lloyd inaugurates its own representation in Morocco
Hapag-Lloyd today opens its own offices in Morocco. With this additional presence in the country, the company continues to realize its growth ambitions in the most attractive markets of North Africa. Morocco, being an important platform for the export of fresh produce, is part of Hapag-Lloydâs development strategy in the refrigerated container transport sector. Morocco exports also minerals, chemicals, textiles, and food products, especially to European countries. Imports consist mainly of electronics, spare parts, and food products. https://cyprusshippingnews.com/2021/09/17/hapag-lloyd-inaugurates-its-own-representation-in-morocco/
5. China reveals largest ever drop in monthly steel output as struggling property developers roil markets
Amid the bullish pronouncements for the cape sector, one alarming statistic has given owners pause for thought. Beijing revealed this week that Chinese steel output dropped by more than 12% in August to 83.2m tonnes, the greatest year-on-year slump since the global financial crisis, according to data from brokers Braemar ACM. In absolute terms, Augustâs year-on-year steel output drop of 11.6m tonnes marked the greatest ever. https://splash247.com/china-reveals-largest-ever-drop-in-monthly-steel-output-as-struggling-property-developers-roil-markets/
6. CMA CGM in for six 7,600 teu ships at Samsung Heavy
French carrier CMA CGM has added to its orderbook, contracting Samsung Heavy Industries for six LNG dual-fuelled 7,600 teu ships. The order is worth a total of $717.6m. All the ships will deliver by November 2024, with Samsung Heavy now very close to filling out its docks through to 2025. The CMA CGM box fleet, the worldâs third largest, has recently broached the 3m slot mark for the first time. The Marseille-headquartered firm has spent more on LNG dual fuelled tonnage than any other carrier. https://splash247.com/cma-cgm-in-for-six-7600-teu-ships-at-samsung-heavy/
7. Stuck Overseas Due To COVID? You Could Sail Thousands Of Miles Home
Stuck in Tahiti with no available flights, Paul Stratfold was running out of time to get back home to Australia and renew his residency visa. The Briton decided his best option was to sail 6,000 kilometers (3,700 miles) across the southern Pacific Ocean, a solo voyage that took almost a month. https://gcaptain.com/overseas-covid-sail-home/
8. In Escalation Over Nuclear Submarine Deal, France Recalls Envoys From U.S. And Australia
France plunged into an unprecedented diplomatic crisis with the United States and Australia on Friday after it recalled its ambassadors from both countries over a trilateral nuclear security deal which sank a French-designed submarine contract with Canberra.
The rare decision taken by French President Emmanuel Macron was made due to the âexceptional gravityâ of the matter, Foreign Minister Jean-Yves Le Drian said in a statement. https://gcaptain.com/nuclear-submarine-deal-france-australia/
9. Sea Asia 2021 to catalyse opportunities in maritime transformation
Sea Asia 2021 will be opened by Guest of Honour, Mr S Iswaran, Singaporeâs Minister for Transport & Minister-in-charge of Trade Relations in a fireside chat with Mr Andreas Sohmen-Pao, Chairman, Singapore Maritime Foundation. âOver the past 18 months, the maritime industry has continued to deliver essential goods across the globe in the midst of a pandemic. Post-Covid, the trends around decarbonisation and increasing use of technology will continue to gather pace, and I am pleased that Sea Asia 2021 will host a series of conversations on how our industry can best position itself,” said Mr Sohmen-Pao. https://www.seatrade-maritime.com/events/sea-asia-2021-catalyse-opportunities-maritime-transformation
10. Baltic Index Jumps To 12-Year High On Higher Rates Across Vessels
The Baltic Exchangeâs main dry bulk sea freight index hit a 12-year high on Friday en route to its first weekly rise in three, propelled by gains across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, gained 60 points, or 1.4% at 4,275, its highest since November 2009. The main index registered a 10.6% weekly increase. The capesize index added 116 points, or 1.8%, to 6,420. The index rose 15.3% this week, its best weekly performance in four. https://www.shippingtribune.com/news/shipping/Baltic+index+jumps+to+12-year+high+on+higher+rates+across+vessels
