1. New NYK Heavy-Lift Vessel Katori enters Nanao port for first time
On October 6, the next-generation energy-saving heavy-lift carrier Katori entered the port of Nanao in Ishikawa prefecture for the first time, transporting wind turbine equipment loaded at the port of Dalian and port of Jiangyin, China. Katori is a next-generation energy-saving ship ordered by NYK Bulk & Projects Carriers Ltd., an NYK Group company, from Jinling Shipyard. The vessel was delivered on September 8.
In the future, Katori will be engaged in the transportation of various types of cargo, including LNG (liquefied natural gas), power plant cargo, and wind power generation equipment. https://cyprusshippingnews.com/2021/10/11/new-nyk-heavy-lift-vessel-katori-enters-nanao-port-for-first-time/
2. MSC Cooperates with key Chinese research institute to promote decarbonisation and sustainable shipping
On 28 September, MSC and the China Waterborne Transport Research Institute, an agency under China’s Ministry of Transport, signed a Memorandum of Understanding (MoU) agreement to jointly promote decarbonisation and sustainable development of the shipping industry. This is the first time MSC is partnering with a major institution in China to explore the technical pathway for decarbonisation. https://cyprusshippingnews.com/2021/10/11/msc-cooperates-with-key-chinese-research-institute-to-promote-decarbonisation-and-sustainable-shipping/
3. Mental Health in an Unequal World
The theme for World Mental Health Day 2021 is ‘Mental Health in an Unequal World’. This theme was chosen by a global vote including members of the World Federation for Mental Health. It was chosen because of widening health, economic and social inequalities in the world we live in Access to mental health services is unequal, with most people in low-income countries unable to access mental health services at all. The investment in mental health, even in higher income countries, is disproportionate to the overall health budget and there are deficiencies in the quality of care. Those who suffer with mental health disorders continue to experience stigma and discrimination, which also affects those around them. https://cyprusshippingnews.com/2021/10/11/mental-health-in-an-unequal-world/
4. New chapter for safe disposal of marine flares from the pleasure boat sector
The Maritime and Coastguard Agency is to work with industry to develop local self-regulated schemes for the safe disposal of redundant pyrotechnics (flares) from the pleasure vessel sector. It follows a consultation (which concluded on 15 March) with the industry, industry regulators and boat-owners to seek ways considered acceptable to all for the effective means of disposing of flares. https://cyprusshippingnews.com/2021/10/11/new-chapter-for-safe-disposal-of-marine-flares-from-the-pleasure-boat-sector/
5. Chevron reveals net zero 2050 plans
Chevron Corporation issued on Monday its fourth climate change resilience report to provide information on the company’s ambition to advance a lower-carbon future. It has adopted a 2050 net-zero aspiration for equity upstream Scope 1 and 2 emissions. Chevron is now incorporating all value chain emissions into its greenhouse gas emissions target by establishing a portfolio carbon intensity (PCI) target that includes Scope 3 emissions from the use of its products along with Scope 1 and 2 emissions – i.e., direct and indirect emissions, respectively. https://splash247.com/chevron-reveals-net-zero-2050-plans/
6. Golden Ray Wreck Removal Moves to Final Section
Preparations are underway in Georgia to remove the final section of the Golden Ray shipwreck from St. Simons Sound more than two years after the initial shipwreck. Work on the final sections comes after the latest section, known as Section Six, was transloaded from a dry-dock onto the barge Julie B and brought to the nearby Mayor’s Point Terminal for further sea fastening last Thursday. Once secured and inspected for an ocean transit, the Julie B will depart the Port of Brunswick with two wreck sections (Sections Six and Three) enroute to a recycling facility in Louisiana. https://gcaptain.com/golden-ray-wreck-removal-moves-to-final-section/
7. Maersk Suspends 5 In Midshipman X Rape Case While Officer’s Union Remains Silent
Allegations of rape are “widespread in the container shipping industry”, according to a female cadet (#MidshipmanX) who claims she was raped while serving a year at sea on a Maersk Line vessel.
Five Maersk crew have been suspended, but the alleged victim claims that of the 50 women in her year at the US Merchant Marine Academy, all reported sexual harassment, including at least five rapes, while at sea. https://gcaptain.com/maersk-suspends-5-in-midshipman-x-rape-case-while-officers-union-remains-silent/
8. Dedicated CO2 Carriers Ordered for Norway’s Northern Lights Carbon Capture and Developers behind Norway’s full-scale Northern Lights carbon capture and storage project have placed a shipbuilding order for the construction of two dedicated CO2 carriers in China. The ships are said to be the first of their kind and could potentially set a new standard for CO2 shipping on coastal trading routes. The order was placed by the Northern Lights joint venture, made up of Equinor, Shell and TotalEnergies, at China’s Dalian Shipbuilding Industry Co. with deliveries planned by mid-2024. https://gcaptain.com/dedicated-co2-carriers-ordered-for-norways-northern-lights-carbon-capture-and-storage-project/
9. Baltic Index Dips, Capesizes Hover Near 13-Year Peak
The Baltic Exchange’s dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell for a second straight session, by 38 points or 0.7%, to 5,488. The index hit its highest in more than 13 years, at 5,650 points, on Oct. 7. The capesize index shed 137 points, or 1.4%, to 9,975, but held close to its highest since 2008. https://www.shippingtribune.com/news/shipping/Baltic+index+dips%2C+capesizes+hover+near+13-year+peak
10. Saudi Aramco Allocates Full-Term Crude Volumes To Asian Buyers For Nov: Sources
Saudi Aramco has allocated full-term crude volumes to most Asia-Pacific refiners, with some buyers seeking incremental volumes to take advantage of the recent sharp cuts in official selling prices, sources at refineries in China, Japan, Malaysia and India told S&P Global Platts Oct. 11. Refiners in the region are expecting to receive full-term nominations following a cut in official selling prices as well as producers adding more crude supplies to the market, the sources said.
“Demand increase versus incrementals, if Saudi and AG producers give enough to cover demand increase, market wont get support [and] vice versa,” a crude oil trader in Singapore said. https://www.shippingtribune.com/news/shipping/Saudi+Aramco+allocates+full-term+crude+volumes+to+Asian+buyers+for+Nov%3A+sources