1. “We will continue revolutionising the way business are run for the next 50 years to deliver Intelligent Sustainable Innovation” says SAP CEO Christian Klein
Christian Klein, SAP CEO and member of the Executive Board of SAP SE, launched SAP Sapphire Orlando with a rousing salute to SAP’s amazing community of customers and partners in over 140 countries, while celebrating the company’s past, present, and vision for the intelligent, networked, sustainable enterprise. https://cyprusshippingnews.com/2022/05/11/we-will-continue-revolutionising-the-way-business-are-run-for-the-next-50-years-to-deliver-intelligent-sustainable-innovation-says-sap-ceo-christian-klein/?amp=1
2. BSNL receives license to operate Inmarsat IoT services in India
Inmarsat’s Internet of Things (IoT) services will now be available in India via strategic partner BSNL.
The announcement follows an amendment to the ‘sui-generis’ category license granted to BSNL by the Department of Telecommunications (DoT) for the provision and operation of satellite-based services using a gateway installed in India. https://cyprusshippingnews.com/2022/05/11/bsnl-receives-license-to-operate-inmarsat-iot-services-in-india/?amp=1
3. Wärtsilä introduces decarbonisation services business model to support customers aiming at net zero CO2 emissions
The technology group Wärtsilä’s strategy for shaping the decarbonisation of the energy sector is strengthened with the introduction of the company’s Decarbonisation Services business model. The service utilises Wärtsilä’s sophisticated power system modelling and optimisation tools alongside in-house expertise to reduce power system emissions. It also ensures power availability with the lowest levelised cost of electricity. The ultimate aim is to help customers decarbonise their assets. https://cyprusshippingnews.com/2022/05/11/wartsila-introduces-decarbonisation-services-business-model-to-support-customers-aiming-at-net-zero-co2-emissions/?amp=1
4. Nearly 5 million jobs have been lost in Ukraine since the start of the Russian aggression, says ILO
Amid the humanitarian crisis sparked by Russia’s aggression against Ukraine, labour markets are being disrupted both in the country and in neighbouring states
An estimated 4.8 million jobs have been lost in Ukraine since the start of the Russian aggression, according to a new brief by the International Labour Organization. https://cyprusshippingnews.com/2022/05/11/nearly-5-million-jobs-have-been-lost-in-ukraine-since-the-start-of-the-russian-aggression-says-ilo/?amp=1
5. Pacific Basin teams with Japanese duo for zero-emission ships
Hong Kong-based dry bulk shipping giant Pacific Basin has joined forces with Japan’s Nihon Shipyard and trading house Mitsui & Co to explore the development of zero-emission vessels and investment in related bunkering infrastructure. The move comes in anticipation that the existing climate requirements for shipping established by the IMO will be further tightened in the coming years. https://splash247.com/pacific-basin-teams-with-japanese-duo-for-zero-emission-ships/
6. Norway eyes 30 GW of offshore wind by 2040
Norway has unveiled an ambitious large-scale investment scheme for 30 GW of offshore wind capacity by 2040. The capacity corresponds to almost as much power as Norway produces today. As the Norwegian power grid will not be able to handle such a large amount of power, a significant portion of the electricity is planned to be exported to other countries https://splash247.com/norway-eyes-30-gw-of-offshore-wind-by-2040/
7. BlueSwell Incubator Seeks Future Maritime ‘Unicorns’
In the world of Private Equity (PE), a “Unicorn” is finance-speak for a private start-up worth $1 billion or more, usually in some type of tech sector. When it comes to start-ups, investors are always looking to find such an animal before others can pounce. The world of blue-tech, defined loosely as technologies dealing with water (and therefore touching on the maritime realm), is teeming with early stage companies. https://gcaptain.com/blueswell-incubator-seeks-future-maritime-unicorns/
8. U.S. Retail Ports See Record Imports Ahead of Rising Costs and Supply Chain Disruptions, NRF Says
Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to a new report from the National Retail Federation (NRF). https://gcaptain.com/united-states-retail-ports-see-record-imports/
9. New electric motor revealed for workboat and ferry propulsion
The first inboard electric motor has been introduced for workboats, ferries, large yachts and autonomous vessels by ePropulsion
The H-100 electric inboard motor will expand original equipment manufacturers’ (OEMs) offerings for electric and hybrid propulsion when it is unveiled in June, providing opportunities for vessel builders and owners to opt for low-emissions or zero-emissions propulsion, depending on the source of electrical energy. https://www.rivieramm.com/news-content-hub/new-electric-motor-revealed-for-workboat-and-ferry-propulsion-71082
10. CMA CGM Becomes Partner To The Jupiter 1000 Project, France’s First Industrial Demonstrator Of Hydrogen And E-Methane’s Production, Piloted By GRTgaz
The CMA CGM Group, a global leader in sea, land, air and logistics solutions, is joining the partners of the Jupiter 1000 industrial demonstrator project piloted by GRTgaz in Fos-sur-Mer. This innovative installation aims to produce green hydrogen from renewable power and also e-methane, a synthetic gas using this hydrogen and CO2 captured from the industrial process. Through its participation in the project, CMA CGM aims to further accelerate the pace of its fleet’s transition to new very low-carbon fuel sources. https://www.shippingtribune.com/news/shipping/CMA+CGM+becomes+partner+to+the+Jupiter+1000+project%2C+France%E2%80%99s+first+industrial+demonstrator+of+hydrogen+and+e-methane%E2%80%99s+production%2C+piloted+by+GRTgaz
