1. Isle of Man Ship Registry and FuelTrust sign MOU to validate green ships
Tech firm FuelTrus and the Isle of Man Ship Registry (IOMSR) have signed a memorandum of understanding. To use FuelTrust’s fuels and emissions digital technology to validate vessels for the flag’s Green Ship scheme and to collaborate on further projects to incentivise and enable emissions reductions. https://splash247.com/isle-of-man-ship-registry-and-fueltrust-sign-mou-to-validate-green-ships/
2. The Cyprus Shipping Chamber welcomes the proposal to transfer the Port Authority to Limassol
The Cyprus Shipping Chamber, as the representative of the Shipping Industry in Cyprus, welcomes the proposal for the transfer of the headquarters of the Cyprus Ports Authority to the city of Limassol. Limassol is the shipping capital of Cyprus and the seat of the Cyprus Shipping Industry, with more than 180 shipping and related shipping companies, based and conducting their daily international business activities. https://cyprusshippingnews.com/2022/03/30/the-cyprus-shipping-chamber-welcomes-the-proposal-to-transfer-the-port-authority-to-limassol/?amp=1
3. Global Maritime Consultants Group flies the flag for Barbados Maritime Ship Registry
Global Maritime Consultants Group (GMCG), one of the world’s leading maritime consultancies, has been appointed as regional national partner for the Barbados Maritime Ship Registry (BMSR). Following a realignment at the registry, GMCG will be using its extensive global network to offer ship owners the BMSR services and continue to develop the registry’s growth and profile. https://cyprusshippingnews.com/2022/03/30/global-maritime-consultants-group-flies-the-flag-for-barbados-maritime-ship-registry/?amp=1
4. Extra protections for seafarers as Government introduces new maritime laws
To ensure seafarers are protected straight away, the Transport Secretary has instructed ports to refuse entry to ferries not paying workers the NMW from today – immediately replicating the effect the new laws will have when introduced in the coming weeks. Also, HMRC will continue to target their enforcement activity, investigating any ferry operators that they suspect do not pay their workers minimum wage. https://cyprusshippingnews.com/2022/03/30/extra-protections-for-seafarers-as-government-introduces-new-maritime-laws/?amp=1
5. MOL Group starts Sales of used Ship Equipment from Vessel Demolition Yards in Turkey on Cross-Border e-Commerce Website – contributing to Sustainable Growth through Recycling –
MOL Turkey will promote recycling and reduce waste of used ship equipment, which until now had to be stored for long periods of time or disposed of at vessel demolition yards in Turkey, by selling them to customers around the world via a newly established cross-border e-commerce website. Currently, mainly antique items account for most of the site’s listings, but the company is looking at ways to expand the selection in the future with large items such as ship equipment and lifeboats. https://cyprusshippingnews.com/2022/03/30/mol-group-starts-sales-of-used-ship-equipment-from-vessel-demolition-yards-in-turkey-on-cross-border-e-commerce-website-contributing-to-sustainable-growth-through-recycling/?amp=1
6. Crew training: The new norm or just the start?
Shipping accepts the new norm brought about by coronavirus – it has changed the way we all work, likely forever. When it comes to crew training, bricks and mortar was replaced by bandwidth these past couple of years, but is there a happy medium between remote and in-person seafarer development going forward? https://splash247.com/crew-training-the-new-norm-or-just-the-start/
7. Ocean Carriers’ Shift to Owning More Ships Depletes Containership Charter Market
The shift by some ocean carriers to owning more tonnage rather than chartering-in ships has depleted the containership charter market by 1.6 mllion teu, according to Alphaliner data.
And there are concerns being raised in shipbroker circles that this reduction of ‘open’ tonnage will hinder the ability of the industry to cope with the normal seasonal peaks and troughs of the liner trades. https://gcaptain.com/ocean-carriers-shift-to-owning-more-ships-depletes-containership-charter-market/
8. CDC Scraps Cruise Ship COVID Warning After 2 Years
The U.S. Centers for Disease Control and Prevention (CDC) on Wednesday removed its COVID-19 notice against cruise travel, around two years after introducing a warning scale showing the level of coronavirus transmission risk on cruise ships.
The move offers a shot of hope to major U.S. cruise operators such as Carnival Corp, Royal Caribbean Group and Norwegian Cruise Line Holdings Ltd that have struggled to bring in revenue since the pandemic started. https://gcaptain.com/cdc-scraps-cruise-ship-covid-warning-after-2-years/
9. European ports to begin work on ‘green shipping corridors’ network
European ports of Hamburg, Gdynia, Roenne, Rotterdam and Tallinn have joined an initiative that is aiming to define a template for the development of decarbonised shipping infrastructure that can be used in other regions.
Green corridors have been recognised as a key enabler for shipping’s transition, and a statement from the initial members said the work directly supports the Clydebank Declaration announced during COP26 in Glasgow. https://www.rivieramm.com/news-content-hub/european-ports-to-begin-work-on-green-shipping-corridors-network-70465
10. Baltic Index Down For Fifth Session As Panamax, Supramax Rates Retreat
The Baltic Exchange’s dry bulk sea freight index extended losses for a fifth consecutive session on Wednesday, weighed down by lower rates for panamax and supramax vessels.
The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, dipped 48 points, or about 2%, to 2,369 points. https://www.shippingtribune.com/news/shipping/Baltic+index+down+for+fifth+session+as+panamax%2C+supramax+rates+retreat