1. LR and partners unveil ‘Silk Alliance’ green corridor project
Lloyd’s Register Maritime Decarbonisation Hub and partners launch ‘The Silk Alliance’ to develop a Green Corridor Cluster beginning with intra-Asia container trade.
Lloyd’s Register Maritime Decarbonisation Hub is working with 11 leading cross-supply chain stakeholders to develop a fleet fuel transition strategy that can enable the establishment of a highly scalable Green Corridor Cluster. https://cyprusshippingnews.com/2022/05/27/lr-and-partners-unveil-silk-alliance-green-corridor-project/
2. ADNOC Logistics & Services signs for more LNG newbuilds
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the state-owned Abu Dhabi National Oil Company (ADNOC), is bolstering its LNG carrier fleet, as a repeat client at a Chinese yard.
Clarksons Research Services reports the Middle Eastern shipowner has declared options for two 175,000 cu m ships at Jiangnan Shipyard as well as signing for a further one firm, plus one option deal at the same yard, bringing the owner’s series at Jiangnan to six vessels. The units are due for delivery across 2025 and 2026. No price has been revealed for this latest contract. https://splash247.com/adnoc-logistics-services-signs-for-more-lng-newbuilds/
3. King Abdullah Port celebrates record 15 Million TEU throughput milestone in rapid growth as leading container port
In an exceptional milestone on its journey to becoming a leading global logistics and transportation hub, King Abdullah Port, the first privately owned, developed and operated port in the Middle East, reached 15 million TEU in container throughput. The achievement comes as a testimony to its highly efficient public-private partnership business model and complements the efforts of the Saudi Vision 2030 to drive growth across the Logistics sector.
4. NYK and PowerX form capital and business alliance
On May 20, NYK entered into a capital and business alliance agreement with Power X Inc. (Power X). Power X develops new businesses utilizing large-capacity batteries and power-transmission technologies and is aiming to build and promote a power-transfer ship delivering electricity generated offshore to shore. https://cyprusshippingnews.com/2022/05/27/nyk-and-powerx-form-capital-and-business-alliance/
5. Scrubber barge will capture, treat exhaust from ships in LA, Long Beach ports
Clean Air Engineering – Maritime (CAE-M), based in San Pedro, California, will operate a barge with an exhaust aftertreatment system, the Marine Exhaust Treatment System (METS-3), at the ports of Long Beach and Los Angeles. CAE-M systems remove diesel emissions from the auxiliary engines and boilers of oceangoing vessels while at berth or at anchor. https://splash247.com/scrubber-barge-will-capture-treat-exhaust-from-ships-in-la-long-beach-ports/
6. ‘Backbone to every vessel’: Celebrating the very first Cooks Day
MCTC launched the initiative in March and has identified several creative ways shipping companies and their crews can get involved and join them in appreciating the role of the cook, including raising awareness of the critical role that onboard cooks play; sharing pictures with MCTC of crew members enjoying their favourite meals; emailing MCTC with stories of how the cook has helped or supported crew members and colleagues; and recording a personal video thanking them for their work and contribution. https://splash247.com/backbone-to-every-vessel-celebrating-the-very-first-cooks-day/
7. Admiral Stavridis Calls For Black Sea Ship Convoys
When I was operations officer on an Aegis guided-missile destroyer in the late 1980s, we were given a mission in the Arabian Gulf. The Iranians, amid the so-called Tanker War with Iraq, were trying to close off the vital Strait of Hormuz.
The rest of the world needed to keep oil flowing, and chose a fairly dramatic solution: escorting convoys of oil tankers, which were flagged by the US, in and out of the tight waterway. Called Operation Earnest Will, it was mostly successful, running from the hot summer of 1987 to the fall of 1988. https://gcaptain.com/admiral-stavridis-calls-for-black-sea-convoys/
8. UK Government rolls out taxes and incentives for oil and gas
The head of the UK Treasury, Chancellor of the Exchequer Rishi Sunak, announced a 25% windfall tax on oil and gas company profits as part of a fiscal package of policies aimed at assisting UK residents in paying for spiralling energy costs that are driving historic inflation rates.
The tax, dubbed the Energy Profits Levy, comes with what the UK Government called a “generous investment allowance built in” to encourage investment in oil and gas extraction projects in the UK. https://www.rivieramm.com/news-content-hub/uk-government-rolls-out-taxes-and-incentives-for-oil-and-gas-71351
9. Maritime 2050 Innovation Hub launches industry’s first UK maritime innovation week
The UK maritime industry’s first ever Maritime Innovation Week has been created on the back of the Government’s Maritime 2050 strategy to help ports across the UK achieve their target goals
A free to attend, four-day conference for the maritime supply chain, Maritime Innovation Week will go beyond discussing Maritime 2050 challenges and take a “proactive approach to delivering viable and innovative solutions”, a statement said. https://www.rivieramm.com/news-content-hub/2050-maritime-innovation-hub-launches-industrys-first-uk-maritime-innovation-week-71334
10. Ukraine looks for ways to get its grain out
Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land.
The war, together with Western sanctions against Russia, have sent the price of grain, cooking oil, fertiliser and energy soaring. https://www.shippingtribune.com/news/shipping/Ukraine+looks+for+ways+to+get+its+grain+out