1. ADNOC Logistics and Services acquires six line boats form Albwardy Damen as ADNOC boosts in-country value
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) has contracted Damen Shipyards Group for six Stan Tugs 1606. The vessels will be used for pushing, towing, hose line handling and berting in ports in Abu Dhabi. The tugs were procured from Sharjah-based Albwardy Damen, as part of ADNOC Group’s commitment to boost in-country value across its operations. https://cyprusshippingnews.com/2021/09/27/adnoc-logistics-and-services-acquires-six-line-boats-form-albwardy-damen-as-adnoc-boosts-in-country-value/
2. Seaspan continues ordering spree with deal for another ten 7,000 teu boxships
Seaspan Corporation continues to expand its fleet within its core strategic size segments, having placed an order for ten 7,000 teu scrubber-fitted newbuild containerships. The vessels will begin deliveries from an undisclosed shipyard in the second quarter and continue through to the fourth quarter of 2024.
A wholly owned subsidiary of Atlas Corp. said the boxships will go on long-term charters with a leading global liner and are expected to generate $1.4bn of gross contracted cash flows over their minimum terms. https://splash247.com/seaspan-continues-ordering-spree-with-deal-for-another-ten-7000-teu-boxships/
3. GenPro sets sights on sustainability at recent Blue Day seminar
On September 17, GP General Procurement Company Limited (GenPro) held its first annual Blue Day Sustainability Seminar focusing on its Sustainability Roadmap, including a review of trends and the company’s own forward looking strategy. The seminar was intended to maintain an open discussion among stakeholders and raise awareness of sustainability related issues. It was also an opportunity for GenPro to emphasize the actions it has taken to add socially and environmentally responsible value to the marine and trading ecosystem in which it operates. https://cyprusshippingnews.com/2021/09/27/genpro-sets-sights-on-sustainability-at-recent-blue-day-seminar/
4. SCF Group wins sci-tech award for development in Arctic exploration
Three SCF Group companies (PAO Sovcomflot; SCF Management Services (Saint Petersburg) and SCF Training Centre) have shared an award for the Development of the Arctic and Continental Shelf. The award arises from the 2021 International Competition for R & D and Innovations, supported by the Government of the Russian Federation and the Russian Ministry of Energy. https://cyprusshippingnews.com/2021/09/27/scf-group-wins-sci-tech-award-for-development-in-arctic-exploration/
5. Panama Canal and Over 150 Industry Leaders and Organizations Call for Decisive Government Action to Decarbonize International Shipping by 2050
Today, the Panama Canal and more than 150 other organizations across the maritime value chain sign an industry-led call for world leaders to commit to decarbonizing international shipping by 2050, support industrial scale zero emission shipping projects through national action, and deliver the policy measures that will make zero emission shipping the default choice by 2030.
6. New York unveils $191m offshore wind scheme
New York City Economic Development Corporation (NYCEDC) and Mayor Bill de Blasio have announced a 15-year, $191m plan to make New York City a leading destination for the offshore wind industry.
The so-called Offshore Wind Vision (OSW) plan aims to create over 13,000 jobs and generate $1.3bn in average annual investment, in addition to a reduction of 34.5m tons of CO2 – the equivalent of removing nearly 500,000 cars from the roadways for 15 years. https://splash247.com/new-york-unveils-191m-offshore-wind-scheme/
7. Cat 3 Hurricane Sam Churns Over Open Atlantic
Hurricane Sam continues to churn over the tropical Atlantic Ocean with maximum sustained winds are near 125 mph – a strong Category 3 storm on the Saffir-Simpson Hurricane Wind Scale.
There are no coastal watches or warnings in effect at this time.
An update from the NOAA NWS National Hurricane Center on Monday said that, as of 11 a.m. AST, the center of Hurricane Sam was located about 745 miles east-southeast of the northern Leeward Islands. Sam is moving toward the northwest near 8 mph, which is expected to continue for the next few days before an increase in forward speed beginning on Thursday. https://gcaptain.com/cat-3-hurricane-sam-churns-over-open-atlantic/
8. Baltic Dry Index Scales 13-Year Peak on Strong Rates Across Segments
The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust demand across all vessel segments, especially capesizes.
* The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 73 points, or 1.6%, to 4,717, its highest since September 2008. (…) https://gcaptain.com/baltic-dry-index-scales-13-year-peak-on-strong-rates-across-segments/
9. Rush To Beat Trans-Pacific Gridlock Keeps Rates Elevated
All-inclusive rates from Asia to North America were little changed in the week ended Sept. 23, but were expected to maintain their current levels for months to come as US imports showed no signs of easing at least through the August-November peak season. Rates, including premium services fees on the eastbound trans-Pacific routes from North America, remained in the $15,000-$19,000/FEU range to the West Coast of North America and $19,000-$22,000/FEU to the East Coast of North America, market sources said this week. https://www.shippingtribune.com/news/shipping/Rush+to+beat+trans-Pacific+gridlock+keeps+rates+elevated
10. Vizag Port Sets Target Of Handling 75 MT Cargo
Union minister of state for ports, shipping, and waterways Shantanu Thakur said here on Friday that the Visakhapatnam Port Trust (VPT) has set a target of handling nearly 75 million tonnes of cargo for this fiscal.
Addressing a press conference at the VPT chamber on Friday, Thakur said the port has achieved a throughput of nearly 73 million tonness of cargo, and is now setting a higher target in order to maintain its standard of being among the three major ports in the country. https://www.shippingtribune.com/news/shipping/Vizag+Port+sets+target+of+handling+75+MT+cargo
