1. Save the Date Day of the Seafarer Saturday 25th June, 2022
Reminder to participate and spread the word about our social media campaign for this year’s Day of the Seafarer and the chosen theme of Your voyage – then and now, share your journey.
The International Maritime Organization will be celebrating the 2022 day of the seafarer on 25th June 2022 – which is a Saturday. This year’s theme is ‘Your voyage – then and now, share your journey’ and focuses on the changes that seafarers are seeing in their career paths and work environments. https://cyprusshippingnews.com/2022/06/15/save-the-date-day-of-the-seafarer-saturday-25th-june-2022/
2. Opening remarks by the Cyprus Minister of Energy, Commerce and Industry Natasa Pilides at the 7th EMGF Ministerial Meeting
Allow me to start by thanking Egypt and, especially, my good friend, Minister of Petroleum and Mineral Resources, Tarek El Molla, for organising and hosting this 7th Ministerial Meeting of the East Mediterranean Gas Forum . Although it has not been possible for me to join you in person, please allow me to reiterate what a great honour it is for Cyprus and me personally, to be presiding over this important Organisation for 2022. https://cyprusshippingnews.com/2022/06/15/opening-remarks-by-the-cyprus-minister-of-energy-commerce-and-industry-natasa-pilides-at-the-7th-emgf-ministerial-meeting/
3. EBRD bolsters Ukraine’s energy security with up to €300 million for Naftogaz
NAK will use the initial €50 million tranche disbursed by the EBRD for emergency gas purchases, which are urgently needed to prepare Ukraine’s gas system for the next heating season. The company aims to raise a total of €1 billion to buy up to one billion cubic metres of gas, which is critical to ensure there is enough gas in the system by autumn, and to safeguard access to services for people whose livelihoods and economic security are threatened by the war. https://cyprusshippingnews.com/2022/06/15/ebrd-bolsters-ukraines-energy-security-with-up-to-e300-million-for-naftogaz/
4. Russia becomes India’s second biggest oil exporter according to Reuters
Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade sources showed, according to Reuters. In May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed. https://cyprusshippingnews.com/2022/06/15/russia-becomes-indias-second-biggest-oil-exporter-according-to-reuters/
5. Prosafe awarded UK North Sea flotel contract
Offshore accommodation vessel specialist Prosafe has secured a charter deal with a UK client for the 2015-built semisub flotel Safe Boreas.
The vessel has been booked to provide gangway-connected operations to support a platform shutdown in the UK North Sea, starting in September 2022. https://splash247.com/prosafe-awarded-uk-north-sea-flotel-contract/
6. Port of Los Angeles working with Biden administration to clear rail-cargo backlog
There are currently more than 29,000 containers waiting at the Port of Los Angeles to move by rail. Half of them have been on site for nine days or more, said executive director Gene Seroka on Tuesday. In comparison, in January this year, he noted, dwell time for rail-bound containers was an average of about two days.
Seroka said the port is going “all out to catch up.” With a significant wave of containers expected to arrive from China in coming weeks after the Shanghai Covid lockdown eased and anticipation of an early peak season, clearing congestion from the port is critical to provide capacity for incoming cargo. https://splash247.com/port-of-los-angeles-working-with-biden-administration-to-clear-rail-cargo-backlog/
7. U.S. Judge Orders Tanker Owner to Pay $44 Million Over Deadly Destroyer Collision
A U.S. judge on Wednesday said the owner of an oil tanker must pay the United States $44.6 million over its role in a 2017 collision between the tanker with a U.S. Navy destroyer in southeast Asia that killed 10 sailors and injured dozens more.
U.S. District Judge Paul Crotty in Manhattan found Energetic Tank Inc 20% responsible and the United States 80% responsible for the Aug. 21, 2017, collision between the 39,000 metric ton Alnic MC tanker and the USS John S. McCain. https://gcaptain.com/u-s-judge-orders-tanker-owner-to-pay-44-million-over-deadly-destroyer-collision/
8. Russia Offers Safe Passage to Ukrainian Grain Ships as Turkey Floats the Possibility of Mine-Free Corridors
Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices for grains, cooking oils, fuel and fertilizer. The United Nations is trying to broker a deal to resume Ukraine exports and Russian food and fertilizer exports, which Moscow says are harmed by sanctions.
9. Wind Catching Systems secures investment from GM Ventures, enters into agreement with General Motors
Wind Catching Systems in Norway, the developer of a novel multi-rotor floating offshore wind concept, has secured a Series A investment of up to US$10M led by GM Ventures (GMV) to help fund the development and commercialization of its technology Wind Catching Systems and General Motors gave also entered into an agreement for collaboration covering technology development, project execution and the advancement of sustainable technology applications. https://www.rivieramm.com/news-content-hub/wind-catching-systems-secures-investment-from-gm-ventures-enters-into-agreement-with-general-motors-71586
10. Container Shipping Near-Term Prospects Remain Strong
Container shipping is poised for another very strong year in 2022, but Fitch Ratings expects challenges in 2023, which could result in a test of the industry’s discipline or whether companies are better placed than in the last downturn, given the high cash balances, more consolidated market positions and diversifying bolt-on acquisitions. https://www.shippingtribune.com/news/shipping/Container+Shipping+Near-Term+Prospects+Remain+Strong
