1. ADNOC announced $1.17 Billion contract for Jack-up Barges to support production capacity growth
Abu Dhabi National Oil Company (ADNOC) announced today a $1.17 billion (AED4.3 billion) contract for the hire of 13 self-propelled jack-up barges to drive offshore operational efficiencies and support the expansion of its crude oil production capacity to five million barrels per day (mmbpd) by 2030. https://cyprusshippingnews.com/2022/08/12/adnoc-announced-1-17-billion-contract-for-jack-up-barges-to-support-production-capacity-growth/
2. SAVE THE DATE for the 1st Cyprus Shipping News ICT Conference in Greece, 15th September at the Stavros Niarchos Foundation Cultural Center
Save the date in your calendar for this promising conference āRoadmap in Maritime Digital Transformationā where together with key industry experts from industry bodies, shipowners, ship managers, service providers and equipment manufacturers we will look at the operational aspects impacting the shipping sector. We will have lead discussions on Digitalisation, Cybersecurity, Satellite Communications and Vessel Automation and 2030-2050 Green Technology/Decarbonisation.
3. HydrogenOne Capital Growth invests Ā£8.4m (EUR 10m) in Netherlands-based hydrogen pipeline company Strohm
HydrogenOne is investing alongside Strohmās existing investors Shell Ventures, Chevron Technology Ventures and Evonik Venture Capital, in the first close of a funding round totalling Ā£11.8m (EUR 14m). HydrogenOne may also invest up to a further Ā£1.7m (EUR 2m) in the second close of this funding round, which is anticipated to be at least Ā£5.1m (EUR 6m) in aggregate in addition, expected later in 2022. https://cyprusshippingnews.com/2022/08/12/hydrogenone-capital-growth-invests-8-4m-eur-10m-in-netherlands-based-hydrogen-pipeline-company-strohm/
4. Damenās first all-electric tug Sparky delivered to Ports of Auckland
New tug receives her MÄori name, āTiakiā, in a special blessing ceremony. In a major milestone Damenās first all-electric harbour tug, the RSD-E Tug 2513, was officially delivered to its new owner, Ports of Auckland (POAL). The revolutionary tug was named Sparky and also received her MÄori name, āTiakiā, in a special blessing ceremony held in Auckland on August 8. https://cyprusshippingnews.com/2022/08/12/damens-first-all-electric-tug-sparky-delivered-to-ports-of-auckland/
5. ZIM invests in tracking solutions firm
Israeli carrier ZIM has invested $5.5m in compatriot tracking solutions provider Hoopo Systems.Established in 2017, Hoopo provides asset and fleet visibility solutions, working on transforming unpowered assets into connected fleets to help businesses track and manage their operations, inventory, and equipment by providing real-time data and analytics. https://splash247.com/zim-invests-in-tracking-solutions-firm/
6. Europeās coal dilemma in the spotlight
The European sanctions have now taken full effect on Russian coal as of Thursday, something analysts are confident will have a positive effect on the global dry bulk tonne-mile picture. In 2021, the EU imported 39m tonnes of coal from Russia, totalling some 36% of the blocās coal imports. https://splash247.com/europes-coal-dilemma-in-the-spotlight/
7. Extreme Heat Uncovers Lost Villages, Ancient Ruins and Shipwrecks
Extreme heat this year has triggered wildfires, drought and melting glaciers. Less expectedly, itās also revealed some weird and dark things about our pastāshipwrecks, corpses, ghost villages, ornamental gardens and ancient cities. Hereās a look at some of those discoveries.
https://gcaptain.com/extreme-heat-uncovers-lost-villages-ancient-ruins-and-shipwrecks/
8. Sri Lanka Says China Survey Ship Can Dock In Its Port
Sri Lanka said on Saturday it has agreed that the Chinese survey vessel Yuan Wang 5 can dock at its southernmost port, the Chinese-run Hambantota on August 16, despite security concerns raised by neighboring India and the United States. https://gcaptain.com/sri-lanka-says-china-survey-ship-can-dock-in-its-port/
9. New Zealand electric ferry operator brings forward order for second vesse
WEBBCo, the shipyard that built the battery-powered, 19-m, 135-passenger ferry Ika Rere (meaning flying fish in the Maori language) that came into service in Wellington at the end of March 2021, said the fast-tracked order for the second electric ferry was based, in part, on the savings East by West Ferries has seen since its first vessel launched. https://www.rivieramm.com/news-content-hub/new-zealand-electric-ferry-operator-brings-forward-order-for-second-vessel-72409
10. Baltic index hits 6-month low as rates across vessels slump
The Baltic Exchangeās main sea freight index slipped to a six-month trough on Thursday pressured by losses across vessel segments, with capesizes snapping a three-day winning streak. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, fell 36 points, or 2.3%, to 1,556 points, its lowest since Feb. 8. https://www.shippingtribune.com/news/shipping/Baltic+index+hits+6-month+low+as+rates+across+vessels+slump