InterManager Daily News 24.01.2022.

1. 2022 market outlook from leading shipbroker Simpson Spence Young

After a volatile 2021, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2022 Outlook Report. This comprehensive analysis looks at various drivers of shipping markets, including how developing emissions regulations may affect the state of play. Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas freight markets; shipping investments, CO2 emissions, FFAs, metals and energy derivatives.

2. EcoClipper purchases its first sail cargo vessel

Jorne Langelaan, CEO and founder of EcoClipper Coöperatie U.A, has signed ownership documents for the Dutch Klipper ‘De Tukker’. This is the first vessel to join the EcoClipper fleet. The vessel will require a retrofit and will begin providing trade and passenger travel under sail on the North Sea in the first half of 2022.

3. Digitalisation a key to greener shipping

In 2020 – the world hit milestone when it came to IOT devices.For the first time in history, the number of IoT devices finally surpassed the number of personal devices. This change is happening fast all over the industry! If we ask researchers, they say that the shipping industry is expecting to double the number of applications used on board their vessels by 2023.

4. Hybrid Uber boats to revolutionise sustainable river travel

Uber Boat by Thames Clippers is building the UK’s first hybrid high speed passenger ferries, set to launch in autumn 2022 and spring 2023. Leading the way in passenger boat design, the two new vessels, being built at Wight Shipyard on the Isle of Wight, take strides in improving the sustainability credentials of the business as well as propelling the wider marine sector.

5. Drug cartels force MSC to suspend intermodal operations in Brazil with Santos labelled cocaine’s ‘world trade center’

Mediterranean Shipping Company (MSC), the world’s largest containerline, has put some land operations on hold in Brazil, fearful of drug cartels working their way into boxes bound for North America and Europe. In a notice sent to clients in Brazil last week by MSC, the Geneva-headquartered company stated that criminals were intercepting containers to try and ship drugs overseas.

6. Liquefied hydrogen seaborne trades start in earnest

Australia’s first commercial shipment of liquid hydrogen (LH2) will head to Japan aboard the Suiso Frontier, the world’s first LH2 carrier, which was welcomed Down Under today by the nation’s prime minister, Scott Morrison. The Hydrogen Energy Supply Chain (HESC) project turns coal and biomass feed stock from Victoria into LH2, chilled to minus 253C and liquified to less than 800 times its gaseous volume.

7. How A Billionaire’s Global Cruise Empire Imploded In Hong Kong

Lim Kok Thay started a cruiseferry and gambling boat business in 1990s Hong Kong and turned it into one of Asia’s biggest cruise operators. It was a labor of love, as well as a way to diversify the casino business set up by his father, Lim Goh Tong, in Malaysia. Under the now 70-year-old Kok Thay, Genting Hong Kong Ltd. expanded its fleet of ships, bought other cruise lines and even added a string of German shipyards to build its vessels.

8. Stena Line inks £100M deal with ABP for Immingham terminal

Stena Line has entered into an agreement with UK port operator Associated British Ports (ABP) to jointly develop a new freight terminal at the Port of Immingham on the east coast of England

The £100M (US$136M) agreement will see the Swedish ferry company operate the new terminal for the next 50 years. It is a major long-term commitment at Britain’s busiest port complex where freight on routes to and from the EU have been booming since Brexit.

9. Baltic Index Falls For Eleventh Day As Vessel Demand Stays Weak

The Baltic Exchange’s dry bulk sea freight index fell for the eleventh straight session on Friday, en route to its second consecutive weekly decline, tracking weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 59 points, or 4%, to 1,415, its lowest since mid-February 2021. The index has lost nearly 19.8% this week.

10. Scrubbers’ Use Boosts HSFO Even As Cleaner Fuels Emerge: Industry Expert

Shipping’s tryst with scrubber installations continues to find favor as the Hi-5 spread stayed fairly wide, particularly in the second half of 2021, with the differential only set to “widen a little more” this year, global research and consulting company BLUE Insight’s director Adrian Tolson said. Hi-5 is the differential between IMO-compliant LSFO and the erstwhile mainstay 380 CST HSFO.


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