1. Launch of WISTA Norway ‘40 by 30 pledge’ set for International Women’s Day
Ahead of International Women’s Day taking place later this week, the WISTA Norway President, Siri Sundal Shield, is inviting other companies to sign the new WISTA Norway ‘40 by 30 pledge’. The current percentage of women in leading positions in the maritime industry in Norway is a mere 15%, compared to other industries such as health (47%) and finance (29%), she points out. https://cyprusshippingnews.com/2022/03/07/launch-of-wista-norway-40-by-30-pledge-set-for-international-womens-day/?amp=1
2. Ukraine Conflict – significant new EU sanctions
The European Union announced a significant expansion of sanctions against Russia in light of the deteriorating situation in Ukraine on 25 February 2022. Regulation 2022/328 sets out a wide package of measures and copy can be found here. Members who might be impacted by these new measures are encouraged to read the Regulation in full. https://cyprusshippingnews.com/2022/03/07/ukraine-conflict-significant-new-eu-sanctions/?amp=1
3. WISTA International calls for the end of violence and human rights violations
While reaffirming WISTA International’s stance on not expressing political views, we add our voices to the ones demanding the end of human suffering in Ukraine and all countries facing military conflicts.
With the humanitarian toll being grave, we remain deeply concerned for all people caught in the war. https://cyprusshippingnews.com/2022/03/07/wista-international-calls-for-the-end-of-violence-and-human-rights-violations/?amp=1
4. OMV no longer pursues investments in Russia
“The war in Ukraine is a tragic and perilous situation that is causing great suffering for many and that we view with the utmost consternation. Our deepest sympathies go out to all of the direct and indirect victims of Russia’s military action. We call for the end of all hostilities. It is only in peace that there can be freedom and wellbeing”, said Alfred Stern, Chairman of the Executive Board and CEO of OMV. https://cyprusshippingnews.com/2022/03/07/omv-no-longer-pursues-investments-in-russia/?amp=1
5. Government of Canada delays decision on Bay du Nord oil project off Newfoundland
A federal decision on the fate of the Bay du Nord oil and gas project off the coast of Newfoundland and Labrador in eastern Canada has been delayed for 40 days to mid-April – after an earlier 90-day extension from December 2021 – to give Steven Guilbeault, Canada’s Minister of Environment and Climate Change, more time to review the project’s potential environmental impact. https://splash247.com/government-of-canada-delays-decision-on-bay-du-nord-oil-project-off-newfoundland/
6. Hapag-Lloyd flags spear phishing attack
“This means that e-mails are used to redirect users to this site and when they log in with their personal access data, which are then tapped by criminals. This kind of fake websites are usually a one-to-one copy of the real pages and can therefore usually only be recognised as malicious pages via the domain or Internet address,” Hamburg-based carrier said in a statement. https://splash247.com/hapag-lloyd-flags-spear-phishing-attack/
7. Ukraine Uncertainties Cause Divergent Views for Shipping Markets
With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets are staring into the face of….we just don’t know what. https://gcaptain.com/ukraine-uncertainties-shipping-markets/
8. Russian Sovcomflot Tankers Find Sanctions Refuge in the Bahamas
At least three tankers controlled by Russian maritime powerhouse Sovcomflot that have been unable to deliver their cargoes due to Western sanctions have re-routed to the Bahamas, vessel tracking data showed on Monday. https://gcaptain.com/russian-sovcomflot-tankers-sanctions-refuge-bahamas/
9. Technologies for decarbonising shipping
Information analysis, machine learning, simulator training and ecosystem communications will be vital for reducing carbon emissions this decade Data analytics is increasingly important in shipping’s drive towards net-zero emissions, experts explained at Riviera Maritime Media’s Data-driven routes to decarbonisationwebinar. https://www.rivieramm.com/news-content-hub/technologies-for-decarbonising-shipping-70086
10. Baltic Index Gains On Higher Rates For All Vessels
The Baltic Exchange’s dry bulk sea freight index rose on Monday, helped by higher rates in all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 87 points to 2,235 points, its highest since Feb. 23. The capesize index gained 114 points to 1,749 points. https://www.shippingtribune.com/news/shipping/Baltic+index+gains+on+higher+rates+for+all+vessels
