1. Meet our Sponsors for the 1st CSN Greece ICT Conference – TOTOTHEO MARITIME – Platinum Sponsor
Tototheo Maritime specialises in maritime technologies and services with the gol of optimising vessel and fleet performance. Their services include innovative, efficient and functional solutions in the fields of satellite communication, navigation systems and digitalisation services starting from pre-sales consultancy all through onboard installation and maintenance and after sales support. Headquarters are in Cyprus with branch offices in Greece, Dubai and Singapore. https://cyprusshippingnews.com/2022/07/31/meet-our-sponsors-for-the-1st-csn-greece-ict-conference-tototheo-maritime-platinum-sponsor/
2. Performance Shipping announced time charter contract for M/T Blue Moon with Teekay
Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Teekay Chartering Limited (the “Charterer”), for one of its Aframax tanker vessels, the 2011-built, 104,623 DWT, M/T Blue Moon. The gross charter rate will be US$23,000 per day for a period of 24 months +/-30 days at the option of the Charterer. https://cyprusshippingnews.com/2022/07/29/performance-shipping-announced-time-charter-contract-for-m-t-blue-moon-with-teekay/
3. Maersk and SEED Ventures collaborate to improve agricultural exports from Pakistan
Karachi: Maersk Pakistan Private Limited and SEED Ventures have joined hands by signing a Memorandum of Understanding on July 20, 2022, to launch Pakistan Agripreneurship Challenge is an Agri-value chain intervention challenge that aims to improve the quality of Pakistan’s agricultural produce and explore new global markets for Pakistan’s agriculture exporters. https://cyprusshippingnews.com/2022/07/29/maersk-and-seed-ventures-collaborate-to-improve-agricultural-exports-from-pakistan/
4. Fr. Meyer’s Sohn opens warehouse for its 125th anniversary
From July 2022, Fr. Meyer’s Sohn will manage its own warehouse in the direct vicinity of the Port of Hamburg with >10,000 sqm of warehouse space and 550 sqm of mezzanine space. This is an important step for the Hamburg-based logistics company, which celebrates its 125th anniversary this year. “We are pleased to be able to meet the urgent needs of our customers here and to manage a warehouse under our own quality aspects. https://cyprusshippingnews.com/2022/07/29/fr-meyers-sohn-opens-warehouse-for-its-125th-anniversary/
5. New FMC bureau created to enforce US Shipping Act
The US Federal Maritime Commission (FMC) has reorganised its investigative and prosecution functions, consolidating them into the newly created Bureau of Enforcement, Investigations and Compliance (BEIC) effective immediately. The BEIC will be headed by an attorney in the senior executive service with regulatory, prosecutorial and investigatory experience. The FMC’s managing director, Lucille M. Marvin, will serve as the bureau’s acting director until a permanent director is hired. https://splash247.com/new-fmc-bureau-created-to-enforce-us-shipping-act/
6. Clean technology – low hanging fruit that’s ripe for the picking
Over the past 18 months, there has been an increasingly strong focus on low and zero carbon marine fuels as the primary means of reducing shipping emissions. However the shipping industry must adopt clean technologies alongside these alternative fuels to meet regulatory targets – it’s an opportunity that’s too good to pass up, argues Simon Potter, director of sustainability advisory at Houlder. https://splash247.com/clean-technology-low-hanging-fruit-thats-ripe-for-the-picking/
7. Ecopetrol and Petrobras announce deepwater gas discovery offshore Colombia
Colombian company Ecopetrol and Brazil’s Petrobras confirm the discovery of a natural gas accumulation in the Uchuva-1 exploratory well, drilled in deep water off Colombia, 32 kilometres off the coast and 76 kilometres from the city of Santa Marta, at a depth of approximately 830 metres. https://splash247.com/ecopetrol-and-petrobras-announce-deepwater-gas-discovery-offshore-colombia/
8. What Happens When The Last Coal Ship Leaves Hawaii?
The Hawaiian islands’ coal shipments are ending. The bulker carrying the state’s final coal shipment will leave this week after refueling the state’s last coal-fired power plant. That plant is scheduled to close in September forcing the state’s energy providers to compete with the US Navy for oil tankers. https://gcaptain.com/the-last-coal-ship-departing-hawaii-will-deepen-us-navys-oil-problem/
9. Putin Signs New Russian Naval Doctrine
Vladimir Putin said Russia’s navy would soon be fitted with powerful “Zircon” hypersonic cruise missiles, which can fly at five times the speed of sound. He signed an expansive new naval doctrine and vowed to respond “with lightning speed to anyone who decides to encroach on our sovereignty and freedom.” https://gcaptain.com/putin-signs-new-russian-naval-doctrine/
10. Record container ship traffic jam as backlog continues to build
If you only look at Los Angeles and Long Beach — the largest container import gateway in America — you’d think shipping congestion has drastically reduced. The number of ships waiting there has fallen to 26 from a high of 109 in January. But in fact, North American port congestion has just re-entered record territory. The offshore traffic jam is once again as bad as it’s ever been.