1. ShipMoney wins Marine digital technology award
ShipMoney, a global maritime provider of digital payment solutions, has won the prestigious Marine Digital Technology Award organized by Seatrade Maritime in association with Lloydâs List. Regarded as the industryâs leading awards programme, Seatrade Awards has been championing the work of individuals and organisations for over three decades. During the online ceremony, 14 outstanding winners joined maritimeâs greatest roll of honour for their remarkable commitment to the industry and outstanding achievements over the last 18 months. https://cyprusshippingnews.com/2021/11/07/shipmoney-wins-marine-digital-technology-award/
2. ECSA at UN climate change conference COP26
ECSA is a shipping association partner of the shipping conference organised by the International Chamber of Shipping (ICS) on the 6th of November on the margins of UNFCCC COP26 in Glasgow. The âShaping the future of Shippingâ conference will bring together ministers, key policy-makers as well as industry leaders. https://cyprusshippingnews.com/2021/11/07/ecsa-at-un-climate-change-conference-cop26/
3. Trafigura announces commitments to decarbonising shipping and aluminium as founding member of First Movers Coalition
The World Economic Forum, in partnership with US Special Presidential Envoy for Climate John Kerry, announced the First Movers Coalition, a new platform for corporate commitments to create demand for low carbon technologies. Trafigura is a founding member of the coalition and at an event to mark its formal launch in Glasgow today, Trafigura Executive Chairman and CEO Jeremy Weir confirmed the Groupâs commitment to drive decarbonisation and the uptake of low-carbon technologies in the shipping and aluminium sectors. https://cyprusshippingnews.com/2021/11/07/trafigura-announces-commitments-to-decarbonising-shipping-and-aluminium-as-founding-member-of-first-movers-coalition/
4. Remove slime from ships to cut emissions
Keeping shipsâ hulls free from just a thin layer of slime can reduce a shipâs GHG emissions by up to 25 per cent, according to the preliminary findings of a new study, launched at COP 26 (4 November). Watch the full video here bit.ly/3qaZsen Download the Preliminary results Impact of Shipsâ Biofouling on Greenhouse Gas Emissions report here.
https://cyprusshippingnews.com/2021/11/07/remove-slime-from-ships-to-cut-emissions/
5. Two port terminal concessions awarded in Brazil
Brazilâs Infrastructure Ministry has awarded two 25-year concessions for port terminals near the easternmost part of Brazil. Empresa Alagoana de Terminales won the concession to operate the MAC13 terminal in the MaceiĂł Port Complex with a bid of just 15,000 reais (about $2,700). The Intersal Consortium won the licence for the salt terminal of the port of Areia Branca with an offer of 100,000 reais (about $18,000). Each company was the only bidder for its respective concession. Together, they committed to invest 222m reais (about $40m) in terminal infrastructure. https://splash247.com/two-port-terminal-concessions-awarded-in-brazil/
6. California floating wind pilot project progresses to environmental assessment stage
Norwayâs BW Ideol has announced that its planned offshore floating wind pilot-project in California has progressed to the environmental assessment stage, a milestone in the permitting process. On October 21, the California State Lands Commission authorized the solicitation of statements of interest for consultant services for the preparation of environmental documentation and mitigation monitoring for the proposed wind farm to be installed in waters off Santa Barbara County. https://splash247.com/california-floating-wind-pilot-project-progresses-to-environmental-assessment-stage/
7. China Posts Record Trade Surplus in October As Exports Surge
China posted a record monthly trade surplus in October as exports surged despite global supply-chain disruptions. Exports rose 27.1% in dollar terms last month from a year earlier to $300.2 billion, data from the General Administration of Customs showed Sunday. That was the 13th straight month of double digit growth, and exceeded economistsâ expectations of a 22.8% gain. Imports increased 20.6%, leaving a trade surplus of $84.54 billion. https://gcaptain.com/china-posts-record-trade-surplus-in-october-as-exports-surge/
8. In a World Desperate for Wheat, Australia and Argentina Step Up
For the second season in a row, the stars are favorably aligned for Australian wheat growers â a bumper harvest, a global shortage of one of the planetâs most important foods and world prices near nine-year highs. Australia is set to ship 24.5 million tons in the coming season, says Rabobank, or near to the highest quantity ever. And another southern hemisphere country, Argentina, is on track to move out 13.5 million tons, also near to an all-time high, according to U.S. Department of Agriculture data. Together, these two nations are likely to account for almost 20% of world exports this season. https://gcaptain.com/desperate-wheat-australia-argentina-step-up/
9. Afghan Exports Stopped At Iran’s Chabahar Port
The Afghan exports through Iran’s Chabahar port have been halted for the last three months, reported a local media citing officials from the Afghanistan Chamber of Commerce and Investment (ACCI). The economists believe that the political challenges that Afghanistan is facing are the primary reason behind the slow rate of exports from the country, reported TOLOnews. “When we do not export, it does not mean that we do not export through Chabahar port or somewhere else, it means that we do not have exports and rely entirely on the imports,” TOLOnews quoted economic analyst Sayed Masoud as saying. https://www.shippingtribune.com/news/shipping/Afghan+exports+stopped+at+Iran%27s+Chabahar+Port
10. Economists Expect Shipping Problems To Linger Well Into 2022
Shipping backups at big U.S. ports, and the resulting goods shortages and price surges, are not likely to resolve themselves until well into 2022, according to economists and some business leaders who have spoken recently. Some 77 ships are waiting outside docks in Los Angeles and Long Beach, California, carrying $24 billion worth of goods looking to find their way into the American ecosystem, according to Goldman Sachs. https://www.shippingtribune.com/news/shipping/Economists+Expect+Shipping+Problems+To+Linger+Well+Into+2022
