1. BSM enters Saudi Arabian offshore market
The Kingdom of Saudi Arabia has some of the world’s largest oil reserves and a mature extraction industry supported by an established offshore service chain. With a fleet of more than 40 offshore vessels, Rawabi Vallianz Offshore Services is one of the leading suppliers of offshore vessels within this market. Through the partnership BSM can access the market to provide crew, technical and additional ship management services as an “in Kingdom supplier”. https://cyprusshippingnews.com/2021/11/16/joint-venture-launched-with-rawabi-vallianz-offshore-services-bsm-enters-saudi-arabian-offshore-market/
2. Paving the way for LNG bunkering in Cyprus
A technical workshop was organised by the EU co-funded project Poseidon Med II on the afternoon of 10th November during the EMC 2021 Conference and Exhibition, in Nicosia. This was an onsite live event aiming at disseminating the Action’s milestones while presenting the synergies in the gas sector that Poseidon Med II has fostered on the island and the wider Eastern Mediterranean area.
3. Project Biodiversity and TUI care foundation use drone technology to save sea turtles in Cape Verde
Through the TUI Turtle Aid Programme, NGO Project Biodiversity and the TUI Care Foundation have worked together over the last six years to support sea turtle conservation in Cape Verde, with protection, education and outreach initiatives for tourists and local communities on the island of Sal. Now, the partnership is taking on a new challenge. Advanced drone technology will be used to protect nesting loggerhead turtles against the threat of poaching on some of the island’s most remote beaches. https://cyprusshippingnews.com/2021/11/16/project-biodiversity-and-tui-care-foundation-use-drone-technology-to-save-sea-turtles-in-cape-verde/
4. V.Group joins forces with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to help industry transition to green
GLOBAL ship management company V.Group has reinforced its commitment to decarbonisation of the shipping industry by launching a dedicated ‘Sustainability & Decarbonization’ department and entering a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center). https://cyprusshippingnews.com/2021/11/16/v-group-joins-forces-with-maersk-mc-kinney-moller-center-for-zero-carbon-shipping-to-help-industry-transition-to-green/
5. Australian climate protesters bring the world’s largest coal port to a halt
Two climate activists in Australia climbed up giant port machinery at the Australian port of Newcastle yesterday, halting exports from the word’s busiest coal port.The pair, taking part in protests organised by climate group Blockade Australia, strapped themselves to loading machinery high up in the port
6. Port of Vancouver rail service cut off by flooding, mud slides
The Port of Vancouver, on Canada’s west coast, said on Tuesday that rail and road operations servicing the port “are heavily impacted by recent flooding in British Columbia.” In an operations update, the port said, “All rail service coming to and from the Port of Vancouver is halted because of flooding in the B.C. interior.” Both Canadian National and Canadian Pacific railways are currently conducting damage assessments. https://splash247.com/port-of-vancouver-rail-service-cut-off-by-flooding-mud-slides/
7. Empty Containers Pile Up at Port of Los Angeles as Ocean Liners Add ‘Sweeper’ Ships to Clear Backlog
The number of container ships waiting to enter the busiest U.S. seaport complex hit a new record of 84 on Tuesday, as growing piles of empty containers crowd docks at the Southern California facility that has been racing to remove lingering imports. The conundrum illustrates the challenge faced by a U.S. government task force charged with tackling supply chain snarls that are contributing to product shortages and inflation. https://gcaptain.com/empty-containers-pile-up-port-of-los-angeles/
8. Flood Damage Cuts All Rail Access to Port of Vancouver, Canada’s Largest Port
The port of Vancouver, Canada’s largest, said on Tuesday that all rail access had been cut by floods and landslides further to the east, a development that could hit shipments of grain, coal and potash. Two days of torrential rain in the Pacific province of British Columbia triggered major flooding and shut rail routes operated by Canadian Pacific Rail and Canadian National Railway, by far the country’s two biggest rail companies. https://gcaptain.com/flood-damage-cuts-all-rail-access-to-port-of-vancouver-canadas-largest-port/
9. IUMI Releases Its 2021 Analysis Of The Global Marine Insurance Market (IUMI Stats).
The International Union of Marine Insurance (IUMI) releases its 2021 analysis of the global marine insurance market – known as IUMI Stats Report. The report presents a range of statistical data from a variety of sources, including IUMI’s own data, to provide an insight into the marine insurance market within the context of global trade and shipping. For the second year, IUMI Stats also contains analysis from its major claims database which now comprises 9000 claims records amounting to US$ 14 billion of major losses. https://www.shippingtribune.com/news/shipping/IUMI+releases+its+2021+analysis+of+the+global+marine+insurance+market+%28IUMI+Stats%29.
10. Indian Palm Oil Imports Up 15% In 2020-21, Returns To Pre-Pandemic Market Share
India’s palm oil purchases rose 15% in the marketing year 2020-21 (November-October) even though total vegetable oil imports stayed put, national trade body, the Solvent Extractors’ Association of India (SEA) said in a release Nov. 16. The new data showed that palm oil regained market share in India’s vegetable oil landscape after shrinking to 55% of total imports in 2019-20 — down from its usual 60%-65% — as a pandemic-led national lockdown clamped down on eating out activities as well hotel businesses across the country. https://www.shippingtribune.com/news/shipping/Indian+palm+oil+imports+up+15%25+in+2020-21%2C+returns+to+pre-pandemic+market+share