InterManager Daily News 04.07.2022.

1. Active participation of Cyprus Shipping Chamber in shaping the strategy of European shipping

The European Community Shipowners Associations, which includes the national shipowners’ associations of the European Union, held a meeting of its Board of Directors on 30 June, in Brussels. The Immediate Past President of the Shipping Chamber and President of ECSA, Mr. Philippos Philis chaired the Meeting. The Cyprus delegation, which represented the Cyprus Shipping Industry, included the Cyprus Shipping Chamber’s Director General, Mr. Thomas Kazakos, as President of the ECSA State Aid Committee and Mr. Nicolaos Hadjioannou, from the Cyprus Union of Shipowners. https://cyprusshippingnews.com/2022/07/01/active-participation-of-cyprus-shipping-chamber-in-shaping-the-strategy-of-european-shipping/

2. The European Union’s 6th sanctions package against Russia

On 3 June 2022 the EU published its 6th package of sanctions against Russia. This circular is not intended to be a comprehensive summary of the EU sanctions against Russia. It focuses on:

the measures in the 6th package of sanctions which impact on the transport and insurance of oil and petroleum products; and

the prohibitions on transacting with Russian state-owned enterprises subject to the Article 5aa restrictions and as listed in Annex XIX of the Regulation. https://cyprusshippingnews.com/2022/07/01/the-european-unions-6th-sanctions-package-against-russia/

3. Inauguration of the CMMI’s Liaison Office in Limassol

The Cyprus Marine and Maritime Institute, in cooperation with the Limassol Chamber of Commerce and Industry , organised a small ceremony on the 24th of June for the inauguration of the CMMI’s Liaison Office in Limassol.

The office will be the link between industry, academia and social stakeholders in the Blue Economy sectors, strengthening the role of CMMI in promoting its activities and leveraging its research results. It will act as the Institute’s first point of contact for the blue economy stakeholders in Limassol and especially those in the maritime industry. https://cyprusshippingnews.com/2022/06/29/inauguration-of-the-cmmis-liaison-office-in-limassol/

4. Italian Coast Guard deploying EMSA remotely piloted aircraft over the Gulf of Genoa for increased maritime surveillance

From the air base of Sarzana, the Italian Coast Guard has been deploying EMSA’s remotely piloted aircraft to gain increased maritime awareness over the Gulf of Genoa since 16 June. The flights are being used to enhance general maritime safety and security, as well as to assist in search and rescue missions. Protection of the marine environment is another important aspect of the operation and flights will be used to monitor whale migration within the Pelagos Sanctuary, a protected area for marine mammals https://cyprusshippingnews.com/2022/07/01/italian-coast-guard-deploying-emsa-remotely-piloted-aircraft-over-the-gulf-of-genoa-for-increased-maritime-surveillance/

5. CMA CGM bows to Paris’s call for help, cuts import rates by $500

CMA CGM has bowed to pressure from the French government, announcing a rate cut yesterday.

France’s finance minister, Bruno Le Maire, had demanded earlier in the week that CMA CGM, and other companies making big profits in the transport and energy sectors, ought to help out as the nation battles economic tough times. https://splash247.com/cma-cgm-bows-to-pariss-call-for-help-cuts-import-rates-by-500/

6. Barely one in three of the world’s top shipping firms have made 2050 net zero commitments

Only 33 out of 94 (35%) of the world’s major shipping companies have committed to being net zero by 2050 or have joined the International Maritime Organization (IMO) targets of a 50% absolute reduction in 2050 compared to the 2008 level, a new analysis from the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping shows. https://splash247.com/less-than-half-of-the-top-shipping-companies-have-committed-to-net-zero-by-2050/

7. Barely one in three of the world’s top shipping firms have made 2050 net zero commitments

Only 33 out of 94 (35%) of the world’s major shipping companies have committed to being net zero by 2050 or have joined the International Maritime Organization (IMO) targets of a 50% absolute reduction in 2050 compared to the 2008 level, a new analysis from the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping shows. https://splash247.com/less-than-half-of-the-top-shipping-companies-have-committed-to-net-zero-by-2050/

8. Banana Ships And The Hidden Fees Of Ship Cargo

Last fall, a company called One Banana loaded 600,000 pounds of the fruit from its plantations in Guatemala and Ecuador onto ships bound for the Port of Long Beach in California. Once they arrived, the bananas, packed in refrigerated containers, were offloaded by cranes for trucking to a nearby warehouse, where the fruit would be sent to supermarkets nationwide. https://gcaptain.com/banana-ships-hidden-fees-of-shipping/

9. Norwegian Prima: a new chapter

Norwegian Prima heralds several firsts for both its owner Norwegian Cruise Line (NCL) and for the cruise industry.

The cruise ship is the first of six Prima-class ships, which have previously been described by their builder Fincantieri as the “backbone of the future NCL fleet”. https://www.rivieramm.com/news-content-hub/norwegian-prima-a-new-chapter-71822

10. Baltic sea freight index logs second straight weekly fall

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a second straight week on Friday, dragged down by declines across all vessel segments.

The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 26 points, or nearly 1.2 %, at 2,214 points. The index posted a weekly fall of about 5%. https://www.shippingtribune.com/news/shipping/Baltic+sea+freight+index+logs+second+straight+weekly+fall

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