1. Columbia Shipmanagement partners with Kadmos to automate crews’ salary payouts
Columbia Shipmanagement has announced a partnership with Berlin-based Fintech Kadmos to automate and digitalize its seafarers’ salary payouts. With a growing demand for better payment options that increase security and transparency. https://cyprusshippingnews.com/2022/07/18/columbia-shipmanagement-partners-with-kadmos-to-automate-crews-salary-payouts/
2. Safer Maritime Operations with help from the EU Space Programme
On the occasion of the Pytheas Space Maritime Forum EUSPA, in collaboration with the Greek authorities, organised a demonstration that showcases the importance of space technologies in Search and Rescue Operations. The exercise involved the activation of a Galileo- enabled EPIRB equipped with the innovative Return Link Service. Deputy Minister for Maritime Affairs and Insular Policy, Kostas Katsafados, Director for Outreach and Innovation at DG DEFIS, Catherine Kavvada and EUSPA Executive Director, Rodrigo da Costa, watched live the exercise from the Operations Room of the Hellenic Coastguard. https://cyprusshippingnews.com/2022/07/18/safer-maritime-operations-with-help-from-the-eu-space-programme/
3. US Supreme Court confirms that US discovery processes are not available for private foreign arbitration proceedings
Guest authors, lawyers from the Holland and Knight law office in New York, report on a recent United States Supreme Court case that forecloses access to broad US discovery procedures in foreign arbitrations. The ruling may have relevance to charterparty disputes involving a US entity. https://cyprusshippingnews.com/2022/07/18/us-supreme-court-confirms-that-us-discovery-processes-are-not-available-for-private-foreign-arbitration-proceedings/
4. New IMO World Maritime Theme highlights environmental legacy
‘MARPOL at 50 – Our commitment goes on’ has been selected as the upcoming theme for the International Maritime Organization’s 2023 World Maritime Theme, which will culminate in a World Maritime Day celebration on 28 September next year. The theme reflects the organization’s long history of protecting the environment from the impact of shipping via a robust regulatory framework and emphasizes its ongoing commitment to this important work. https://cyprusshippingnews.com/2022/07/19/new-imo-world-maritime-theme-highlights-environmental-legacy/
5. Scotland gets first direct container link with China
Scotland is getting its first direct container link with China in a new service that promises to cut transit times by nearly halfThe maiden voyage from Ningbo is due to arrive in mid-August at Greenock Port carrying 1,600 teu. Sailings will occur three times a month with a 10-day port rotation and will be between the ports of Ningbo and Dongguan to Liverpool and Greenock. https://splash247.com/scotland-gets-first-direct-container-link-with-china/
6. UK firm debuts green ‘system-of-systems’ delivering 92% cut in GHG emissions
UK-based engineering company Expleo is trumpeting a closed-loop, e-methanol fuel cell, which it claims delivers a 92% reduction in greenhouse gas emissions, opex savings of £1.4m ($1.67m) a year and a projected four-year payback on retrofit capex. Expleo modelled its so-called system-of-systems solution on the multi-tasking Bibby Wavemaster 1, a vessel used to service offshore wind farms. https://splash247.com/uk-firm-debuts-green-system-of-systems-delivering-92-cut-in-ghg-emissions/
7. United Maritime looks to raise $26m
United Maritime Corporation, a spinoff of New York-listed capesize pure-play Seanergy Maritime, has initiated a capital raising exercise, looking to gain $26m via a public offering of 8m shares priced at $3.25 per unit. Each unit consists of one common share and one Class A warrant to purchase one common share, and will immediately separate upon issuance. https://splash247.com/united-maritime-looks-to-raise-26m/
8. U.S. Navy Hands Down Punishments Over Bonhomme Richard Fire
The U.S. Navy has announced a series of accountability actions in response to the 2020 fire on board the USS Bonhomme Richard (LHD 6) in San Diego.The punishments are primarily focused on Bonhomme Richard’s senior leadership and the fire response team.
https://gcaptain.com/u-s-navy-hands-down-punishments-over-bonhomme-richard-fire/
9. Meeting on Resuming Ukrainian Grain Exports Likely This Week
Officials from Russia, Ukraine, Turkey and the United Nations will most likely meet this week to discuss resuming Ukraine’s Black Sea grain exports, Ankara said on Monday, while a Turkish official said lingering “small problems” should be overcome. https://gcaptain.com/meeting-on-resuming-ukrainian-grain-exports-likely-this-week/
10. Baltic index gains on higher rates for capesize vessels
The Baltic Exchange’s main sea freight index rose on Monday as higher rates for larger capesizes overshadowed a fall in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 12 points, or 0.56%, at 2,162 points. The capesize index rose 48 points, or 1.64%, to 2,967 points. https://www.shippingtribune.com/news/shipping/Baltic+index+gains+on+higher+rates+for+capesize+vessels
