1. European Shipowners’ Association discusses effects of Ukrainian crisis on European Shipping
The European Community Shipowners ‘Associations (“ECSA”), which includes the national shipowners’ associations of the European Union, held a regular meeting of its Board of Directors on March 17, 2022, in Brussels. https://cyprusshippingnews.com/2022/03/18/european-shipowners-association-discusses-effects-of-ukrainian-crisis-on-european-shipping/?amp=1
2. Kenya ratifies fishing vessel safety treaties
Kenya has shown its support for the safety of fishing vessels and their crews by depositing its instrument of ratification to the 2012 Cape Town Agreement and the International Convention on Standards of Training, Certification and Watchkeeping for Fishing Vessel Personnel (STCW-F) on 17 March, 2022 https://cyprusshippingnews.com/2022/03/17/kenya-ratifies-fishing-vessel-safety-treaties/?amp=1
3. CMA D. Argoudelis grows & expanding to Cyprus
CMA D. ARGOUDELIS & CO S.A. is pleased to announce the establishment of a new subsidiary outside of Greece, D. ARGOUDELIS & CO LTD. CMA Group is one of the largest Automation groups in Greece and Cyprus. The group consists of CMA D. ARGOUDELIS & CO S.A. in Greece and the new sister company D. ARGOUDELIS & CO LTD, based in Nicosia, Cyprus. The parent company was established in 1987. https://cyprusshippingnews.com/2022/03/17/cma-d-argoudelis-co-s-a-grows-expanding-to-cyprus/?amp=1
4. World’s most famous super yacht now operating a Bio-Sea ballast water treatment system
What is undoubtedly the world’s most famous luxury yacht is successfully operating an advanced BIO-SEA ballast water treatment system from France’s BIO-UV Group.
Christina O, the 1943-built motor yacht named after the only daughter of Greek shipping magnate Aristotle Onassis, was fitted with a low-flow BIO-SEA system last year as part of a major refurbishment at the D.K Fotinakis yard, in Greece. https://cyprusshippingnews.com/2022/03/17/worlds-most-famous-super-yacht-noe-operating-a-bio-sea-ballast-water-treatment-system/?amp=1
5. Netherlands Plans To Double Offshore Wind Capacity By 2030
The Netherlands will significantly ramp up the building of offshore wind farms in coming years, doubling the planned capacity by 2030, in a bid to meet climate goals and reduce its dependence on Russian gas. https://gcaptain.com/netherlands-plans-to-double-offshore-wind-capacity-by-2030/
6. Russian Forces Are Tightening Their Grip Around Ukraine’s Port Of Mariupol
Ukraine’s defense ministry said late on Friday it lost access to the Sea of Azov “temporarily” as invading Russian forces were tightening their grip around the Sea’s major port of Mariupol. “The occupiers have partially succeeded in the Donetsk operational district, temporarily depriving Ukraine of access to the Sea of Azov,” Ukraine’s defense ministry said in a statement. https://gcaptain.com/russian-forces-are-tightening-their-grip-around-ukraines-port-of-mariupol/
7. SCFI continues its long decline
The Shanghai Containerized Freight Index (SCFI) continued its long decline today, registering an 85 point drop to close the week on 4,540 points, still roughly quadruple its historical average but it has been falling week in, week out now since November. https://splash247.com/scfi-continues-its-long-decline/
8. Shenzhen partially lifts lockdown
Shippers will be relieved with news from Shenzhen where local authorities are easing lockdown rules as a Covid scare passes without too great damage to supply chains, especially compared to an outbreak last summer that wiped out three-quarters of the vital boxport’s productivity for three weeks. https://splash247.com/shenzhen-partially-lifts-lockdown/
9. UK Business Secretary to P&O: lack of notification on mass redundancies ‘can lead to an unlimited fine’
The UK government has written a letter to P&O Ferries CEO Peter Hebblethwaite to say it suspects his company has failed to follow the rules that govern mass redundancies after P&O Ferries made more than 800 staff redundant on 17 March https://www.rivieramm.com/news-content-hub/pampo-ferries-suspends-sailings-ahead-of-major-announcement-70265
10. Baltic Sea Freight Index Gains On Uptick Across Vessel Segments
The Baltic Exchange’s dry bulk sea freight index climbed on Friday, helped by a rise in rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, added 17 points or 0.7%, to 2,605 points.
However, the main index registered its first weekly dip in four, shedding 4.2%. https://www.shippingtribune.com/news/shipping/Baltic+sea+freight+index+gains+on+uptick+across+vessel+segments
