1. 200 maritime industry leaders work together to make progress on decarbonisation and ESG issues
Leaders from across the global maritime sector convened for the Global Maritime Forum’s Annual Summit in London to tackle the systemic challenges posed by the decarbonization of shipping, and explore avenues to improve workforce wellbeing and diversity, among other issues. https://cyprusshippingnews.com/2021/11/01/200-maritime-industry-leaders-work-together-to-make-progress-on-decarbonization-and-esg-issues/
2. Fugro innovation delivers seabed Geo-data for South African port expansion
Fugro has completed a geotechnical site characterisation project for DRA Global as part of the proposed expansion of the port of Richards Bay in South Africa. DRA Global contracted Fugro to acquire critical seabed Geo-data required for the completion of preliminary engineering and design works. The project began with a cross-continental mobilisation of marine assets from Bangladesh and UAE to Richards Bay and was safely delivered despite challenging ground conditions and ongoing Covid-19 restrictions. https://cyprusshippingnews.com/2021/11/01/fugro-innovation-delivers-seabed-geo-data-for-south-african-port-expansion/
3. IMO-Singapore project to implement digital ship clearance system in the Port of Lobito, Angola, aims to support more ports in future
IMO-Singapore project to implement digital ship clearance system in the Port of Lobito, Angola, aims to support more ports in future
The International Maritime Organization (IMO) and Singapore have selected the Port of Lobito (Angola) for a pilot project to establish an efficient digitalized system for electronic exchange of information in ports for ship clearance. https://cyprusshippingnews.com/2021/11/01/imo-singapore-project-to-implement-digital-ship-clearance-system-in-the-port-of-lobito-angola-aims-to-support-more-ports-in-future/
4. Modern piracy is a threat to the lives and livelihoods of seafarers
While reported incidents of piracy and armed robbery are down to their lowest level in decades, violence against crew remains high in many areas of the world. A Gard correspondent was recently called to attend onboard a ship where crew members had been severely beaten by robbers during a stay at the Conakry Anchorage, Guinea.
5. Changing of the guard at the world’s largest shipping company
There’s a changing of the guard at the world’s largest shipping company. As he hits the mandated retirement age of 65 for leaders of Chinese state-run entities, Xu Lirong is stepping down as chairman and party secretary at Cosco Shipping after six years in charge.
https://splash247.com/changing-of-the-guard-at-the-worlds-largest-shipping-company/
6. Zim Kingston could have joined other vessels in sheltered waters
Accident investigators are looking into why a Zim boxship chose to stay far out to sea when a storm approached rather than seeking shelter. On October 19, the Zim Kingston received permission to anchor upon its arrival on October 22 at Constance Bank, south of Vancouver Island in the Juan de Fuca Strait. However, instead of heading to the relative safety of the Strait during rough weather on October 21, the vessel remained in the Pacific Ocean about 40 miles off the coast of Cape Flattery. https://splash247.com/zim-kingston-could-have-joined-other-vessels-in-sheltered-waters/
7. At COP26, Denmark, US and Other Nation’s Back Tougher Climate Target for Shipping
Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero by 2050, a target to be fleshed out in negotiations at the United Nations shipping agency. The initiative, led by Denmark and announced on the sidelines of the U.N. COP26 climate summit in Glasgow, Scotland, aims to build support among countries for the goal at the International Maritime Organization, which is considering new emissions-cutting measures by a 2023 deadline. https://gcaptain.com/at-cop26-denmark-us-and-other-nations-back-tougher-climate-target-for-shipping/
8. West Coast Ports Face 2022 Labor Clash Amid Snarls
With a near-record 75 container ships waiting outside the U.S.’s largest port complex in southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.
Facing high import volumes, the ports of Los Angeles and Long Beach are ramping up to 24/7 operations to help ease the congestion that experts say could continue well into next year. The San Pedro Bay ports are also levying a surcharge on ocean carriers whose containers languish too long. https://gcaptain.com/west-coast-ports-face-2022-labor-clash-amid-snarls/
9. Baltic Index Slips To 3-Month Low As Vessel Rates Retreat
The Baltic Exchange’s dry bulk sea freight index declined to its lowest in nearly three months on Monday, as rates across its vessel segments weakened. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by 91 points, or 2.6%, to 3,428, the lowest level since August 11. https://www.shippingtribune.com/news/shipping/Baltic+index+slips+to+3-month+low+as+vessel+rates+retreat
10. ONE Posts US$4.2 Billion Q2 Profit As Sales Soar 125pc
JAPANESE owned, but Singapore-based ocean carrier Ocean Network Express (ONE) posted a profit of US$4.2 billion , drawn on quarterly revenues of $7.6 billion, up 125 per cent year on year. While there was only a four per cent increase in second quarter liftings to 3.2 million TEU, rates came in at $2,375 per TEU against $1,032 per TEU last year, reports London’s Loadstar. https://www.shippingtribune.com/news/shipping/ONE+posts+US%244.2+billion+Q2+profit+as+sales+soar+125pc+
