1. 5 years of presence in Cyprus mark a strategic milestone for Arribatec
With 25 years of experience developing and executing IT strategies for the Maritime Sector, Agostino is a result-driven, self-motivated, and enthusiastic professional with extensive knowledge of ERP systems. After two decades of experience at one of the most well-known IT companies in the industry as Customer Support and Professional Services Director, Agostino has gained a considerable understanding of software applications and has developed a particular sensitivity towards customers’ needs and the market’s demand concerning digitalisation. https://cyprusshippingnews.com/2022/07/27/5-years-of-presence-in-cyprus-mark-a-strategic-milestone-for-arribatec/
2. UKHO announces intention to withdraw from paper chart production
UKHO sets out transition plan for fully digital chart portfolio by end of 2026 The UK Hydrographic Office (UKHO) has announced its intention to develop options for the withdrawal from global paper chart production by late 2026 to increase focus on its digital navigation products and services. Plans to withdraw the UKHO’s portfolio of ADMIRALTY Standard Nautical Charts (SNCs) and Thematic Charts are in response to more marine, naval and leisure users primarily using digital products and services for navigation. https://cyprusshippingnews.com/2022/07/27/ukho-announces-intention-to-withdraw-from-paper-chart-production/
3. Sempra Infrastructure and Entergy Texas to advance renewable energy and supply resiliency
Sempra Infrastructure, a subsidiary of Sempra, and Entergy Texas, announced they have entered into a memorandum of understanding (MOU) to develop options designed to accelerate the deployment of new renewable energy generation resources and to increase the resiliency of power supply in Entergy Texas’ Southeast Texas service area, where Sempra Infrastructure’s facilities are under development. https://cyprusshippingnews.com/2022/07/27/sempra-infrastructure-and-entergy-texas-to-advance-renewable-energy-and-supply-resiliency/
4. Global Economic Growth slows amid gloomy and more uncertain outlook according to IMF
The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern. The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many of the downside risks flagged in our April World Economic Outlook have begun to materialize. https://cyprusshippingnews.com/2022/07/27/global-economic-growth-slows-amid-gloomy-and-more-uncertain-outlook-according-to-imf/
5. MSC presses ahead with glycerine-based biofuel trials
Cyprus-based MSC Shipmanagement a subsidiary of Mediterranean Shipping Company (MSC) has signed a framework agreement with London-listed alternative-fuels company Quadrise Fuels International to trial its emulsion fuel and glycerine-based marine biofuel. The deal will see MSC Shipmanagement carry out proof-of-concept tests and operational trials using Quadrise’s bioMSAR and MSAR fuels on one or more container vessels, with the final aim of commercialising the supply of these fuels to MSC’s global fleet. https://splash247.com/msc-presses-ahead-with-glycerine-based-biofuel-trials/
6. State of New York issues third offshore wind solicitation to accelerate clean energy development
New York has released its third competitive offshore wind solicitation, seeking enough clean, renewable energy to power at least 1.5m homes in the state. The procurement, administered by the New York State Energy Research and Development Authority (NYSERDA), includes the first phase of a $500m investment in offshore wind ports, manufacturing, and supply chain infrastructure as announced in the Governor’s 2022 State of the State report.
7. Crew Shortage Poses Major Challenge to Restoring Ukrainian Grain Exports
Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.
Russia and Ukraine last week signed a deal to restart grain and fertiliser exports that have been blocked in the Black Sea and on Wednesday Turkey unveiled a centre to coordinate the resumption of shipments. https://gcaptain.com/crew-shortage-poses-major-challenge-to-restoring-ukrainian-grain-exports/
8. Subsea 7 and Van Oord Picked to Lay Pipe for Guyana’s ‘Gas to Energy’ Project
Subsea 7 and Van Oord have been awarded a large contract from ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy project offshore Guyana. The scope of the contract covers the project management, engineering, and installation of approximately 120 miles (190 kilometers) of pipeline in water up to 1,450 meters, with an associated shallow water portion and onshore approach making landfall to the west of the Demerara River, along the coast of Guyana. https://gcaptain.com/subsea-7-and-van-oord-picked-to-lay-pipe-for-guyanas-gas-to-energy-project/
9. Iranian Tanker Set to Load Oil Cargo Confiscated by U.S.
An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its cargo which was confiscated by the United States and sail back to Iran, following a Greek top court ruling, government sources said on Wednesday.
The case has strained relations between Athens and Tehran amid growing tensions between Iran and the United States. https://gcaptain.com/iranian-tanker-set-to-load-oil-cargo-confiscated-by-u-s/
10. Adani Ports seeks nod from Maharashtra authorities to depend Dighi port concession interval afresh, Infra Information, ET Infra
A proposal by Adani Ports and Particular Financial Zone Ltd (APSEZ) to depend the 50-year concession interval for Dighi port from 2021 – when it acquired the port beneath India’s chapter legislation – and never from 2002 when the unique concession settlement was signed, will likely be handled within the new port coverage of Maharashtra authorities, a high official has stated. https://www.shippingtribune.com/news/shipping/Adani+Ports+seeks+nod+from+Maharashtra+authorities+to+depend+Dighi+port+concession+interval+afresh%2C+Infra+Information%2C+ET+Infra