1. The world owes a debt of gratitude to Ship Masters says Danica
As the international maritime community celebrates World Maritime Day and considers how seafarers are at the core of shippingâs future, leading crew supplier Danica has praised the leadership of Captains who have steered a steady course in supporting their crew members during the Covid-19 pandemic. https://cyprusshippingnews.com/2021/10/01/the-world-owes-a-debt-of-gratitude-to-ship-masters-says-danica/
2. Cyprus Shipping Deputy Ministry celebrates World Maritime Day with all-day immersive event
To celebrate World Maritime Day 2021, Cyprus Shipping Deputy Ministry (SDM) is organizing an all-day immersive experience in Limassol on Saturday 23rd October. The series of public events will bring together the vast range of organizations with a connection to the sea to showcase how fundamental it is to entertainment, education, and the economy. https://cyprusshippingnews.com/2021/10/01/cyprus-shipping-deputy-ministry-celebrates-world-maritime-day-with-all-day-immersive-event-and-run-for-seafarers-thalassa-2021-celebrates-social-environmental-and-financial-benefits-of-the-blue-econo/
3. âSeafarers: at the core of Shippingâs futureâ says Cyprus Shipping Chamber
The Cyprus Shipping Chamber welcomes the celebrations of the âWorld Maritime Dayâ which has been established by the International Maritime Organisation (IMO) and celebrated globally every year at the end of September. The purpose of this day is to underline the significant role of Shipping, which has been further highlighted during the ongoing pandemic, since it continued moving 90% of world trade. In addition, it highlights the significant progress made by the global Shipping Industry over the years, on matters regarding the safety and protection of the marine environment. https://cyprusshippingnews.com/2021/10/01/seafarers-at-the-core-of-shippings-future/
4. Liberian Registry becomes world largest tanker flag
The Liberian Registry is now the worldâs largest tanker flag. With the recent addition of 2.7 Million GT of new tankers, the Liberian tanker fleet now stands at 57.4 Million Gross Tons (GT) per Clarksonâs, making Liberia the worldâs leading tanker flag in terms of Gross Tonnage. The Liberian Registry, with a total fleet size of 205 Million GT, has not only grown to be the worldâs leading tanker flag, but has also maintained its position as the worldâs leading containership flag with 18% of global container vessel market share; and is the fastest-growing major registry in the world with a 6.6% growth rate yearâto-date. https://cyprusshippingnews.com/2021/10/01/liberian-registry-becomes-world-largest-tanker-flag/
5. Port of Southampton named âPort of the Yearâ at prestigious global industry awards
The Port of Southampton has been awarded âPort of the Yearâ at this yearâs global Seatrade Cruise Awards, held in Miami yesterday (28 September) Port of Southampton celebrates âPort of the Yearâ at Seatrade Cruise Award. The Port of Southampton has been awarded âPort of the Yearâ at this yearâs global Seatrade Cruise Awards, held in Miami yesterday (28 September). The prestigious annual event brings together cruise industry suppliers from 140 countries. The 2021 awards celebrate the successes and resilience of the industry after a challenging time. https://cyprusshippingnews.com/2021/10/01/port-of-southampton-named-port-of-the-year-at-prestigious-global-industry-awards/
6. How Chinaâs power crunch is affecting every strand of shipping
Whether its LNG, dry bulk, containers, car carriers, tankers or shipbuilders, the extreme power shortages being experienced in China at the moment are affecting almost every strand of shipping. Two thirds of Chinaâs provinces have been forced to implement electricity-rationing measures for the past fortnight as the nation faces up to a severe coal shortage. Factory closures are expected to have sizeable impacts on the volumes of container exports in the coming months. https://splash247.com/how-chinas-power-crunch-is-affecting-every-strand-of-shipping/
7. Container markets hit a plateau
October starts with a clear impression that the red-hot container shipping market has hit a plateau after all manner of records were broken in the previous month. September saw boxship charter rates hit $200,000 a day, and companies shelling out incredible sums for tonnage â a six-year-old, 6,865 teu vessel fetching $135m for instance, while the Shanghai Containerized Freight Index (SCFI), a key bellwether of spot rates, soared past 4,500 points. https://splash247.com/container-markets-hit-a-plateau/
8. Oman Urges Residents To Evacuate Ahead Of Tropical Storm Shaheen
Authorities in Oman urged thousands of residents in coastal areas to leave their homes and head to emergency shelters on Saturday as the Gulf state braced for tropical storm Shaheen to intensify into a category 1 tropical cyclone. The Omani National Committee for Emergency Management called for the evacuations in the northern states of Barka and Saham and coastal areas including parts of the capital, Muscat, where Shaheen is forecast to strike on Sunday, bringing high winds and heavy rain. https://gcaptain.com/oman-urges-residents-evacuate-ahead-of-tropical-cyclone-shaheen/
9. Baltic Index Posts Best Week In Six On Strong Momentum In Capesizes
The Baltic Exchangeâs main dry bulk sea freight index rose to a 13-year high on Friday as gains in capesize vessel segment helped the index to register its biggest weekly percentage rise in six. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 35 points, or 0.7%, to 5,202, its highest level since September 2008. The index has risen 12% this week.The capesize index increased by 122 points, or 1.4%, to 9,066, also scaling a 13-year peak. The index is up 22.6% this week. https://www.shippingtribune.com/news/shipping/Baltic+index+posts+best+week+in+six+on+strong+momentum+in+capesizes
10. New ASBAGASVOY Charter Party
ASBAGASVOY, the new voyage charter party for gas tankers developed jointly by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has seen a rapid uptake after its release to the market in September 2020. Christian Hoppe, BIMCOâs General Counsel, has talked to BW LPG, Petredec and Clarksons about why ASGABASVOY was their preferred choice of charter party in a recent LPG fixture. https://www.shippingtribune.com/news/shipping/New+ASBAGASVOY+charter+party
