1. “Legal fallout from Covid-19” the Steamship Mutual Cyprus perspective
On 16th November, Cyprus Marine Club held its last event of 2021, having the honour to host Steamship Mutual Cyprus – Marina Taouxi, Claims Manager and Francis Vrettos, Director and who delighted Members with a presentation entitled: “Legal Fallout from Covid: A P&I Club’s Perspective”.
2. International Tripartite efforts enabled vaccination of more than 8,000 foreign sea crew in Singapore
The Port of Singapore started vaccinating foreign sea crew, starting with resident foreign sea crew under the Sea-Air Vaccination Exercise (SAVE) since April 2021, and more recently non-resident foreign sea crew under the Sea Crew Vaccination (SEAVAX) Initiative since August 2021. Vaccinating sea crew against the COVID-19 virus provides them with an additional layer of protection as they continue to perform vital work behind the scenes from port to port. https://cyprusshippingnews.com/2021/11/17/international-tripartite-efforts-enabled-vaccination-of-more-than-8000-foreign-sea-crew-in-singapore/
3. Aberdeen Harbour and bp to collaborate on decarbonising port operations
The collaboration comes at an exciting time for Aberdeen Harbour as its South Harbour expansion project moves towards the operational commissioning phase. The highly capable port infrastructure will play an integral role in meeting Scotland’s net zero ambitions and the greening of the maritime industry. https://cyprusshippingnews.com/2021/11/17/aberdeen-harbour-and-bp-to-collaborate-on-decarbonising-port-operations/
4. 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.
5. FMC creates supply chain innovation teams to improve container return process
The US Federal Maritime Commission (FMC) on Tuesday announced the coming launch of six supply chain innovation teams comprising executives from each ocean carrier operating in an alliance and from the terminal operators that serve them. Commissioner Rebecca Dye said the teams will identify and implement improvements to the process and timing of return and delivery of containers to marine terminals. https://splash247.com/fmc-creates-supply-chain-innovation-teams-to-improve-container-return-process/
6. Hundreds of UK offshore workers set to strike
Around 300 workers of Ponticelli UK and Semco Maritime employed on TotalEnergies’ North Sea assets in the UK have voted in favor of going on strike, following a dispute over cuts to terms and conditions, trade union Unite has confirmed. Unite members, who work on Alisa FSO, Culzean, Dunbar, Elgin Franklin, Gryphon FPSO, North Alwyn & Shetland Gas Plant, are now set to take strike action, including an overtime ban, from early December until late February 2022. https://splash247.com/hundreds-of-uk-offshore-workers-set-to-strike/
7. White House Lauds Progress at Ports, Cites Shipping Competition Concerns
The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in a global shipping sector dominated by three alliances of ocean carriers.
In a new blog, the White House National Economic Council said the Federal Maritime Commission (FMC), an independent agency, was already investigating excessive shipping fees, but should consider using other tools, including challenging carrier alliances if they resulted in unreasonable costs or delays. https://gcaptain.com/white-house-lauds-progress-at-ports-cites-shipping-competition-concerns/
8. Storm of the Century Stalls Canada’s Biggest Port
Traffic at Canada’s largest port has been cut off by what local officials are calling the storm of the century, the latest snag to hit the North American supply chain. Days of torrential rain have pelted British Columbia, triggering floods and landslides that have blocked the tracks of the nation’s two major railways and washed away parts of its main east-west road artery, the Trans-Canada Highway. https://gcaptain.com/storm-of-the-century-stalls-canadas-biggest-port/
9. Baltic Index Extends Losses As Vessel Rates Drag
The Baltic Exchange’s dry bulk sea freight index fell for a fifth straight session on Wednesday to its lowest in more than five months, as rates slipped across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, dropped 161 points, or 6.2% – the most in two weeks – to its lowest since June 8 at 2,430 points. The capesize index shed 319 points, or 9.4%, to its lowest since early June at 3,064. https://www.shippingtribune.com/news/shipping/Baltic+index+extends+losses+as+vessel+rates+drag
10. Hamburg Cargo Throughput Up 2.9pc Through Q1-Q3, To 96m Tonnes
THE Port of Hamburg achieved a 2.9 per cent increase in seaborne cargo throughput in the first nine months of the year, at 95.8 million tonnes. Bulk cargo throughput was up 6.1 per cent at 29.7 million tonnes, with general cargo up a modest 1.6 per cent to 66.1 million tonnes of which 65.2 million tonnes were containerised, representing a gain of 1.5 per cent. In the first three quarters a total of 6.5 million TEU were hoisted across the quay walls of Hamburg’s container terminals, a 2.4 per cent gain. https://www.shippingtribune.com/news/shipping/Hamburg+cargo+throughput+up+2.9pc+through+Q1-Q3%2C+to+96m+tonnes+