1. Americas Bunker Fuel Availability Outlook by ENGINE
VLSFO and LSMGO availability is said to be normal in the Houston area and New York, with prompt deliveries available.
Prompt VLSFO and LSMGO deliveries are slightly difficult to secure in Los Angeles and Long Beach, but some suppliers can offer deliveries for prompt dates at a premium price, sources say. Meanwhile, HSFO supply continues to be limited in Los Angeles and other West Coast ports.
https://cyprusshippingnews.com/2022/08/19/americas-bunker-fuel-availability-outlook-by-engine-2/
2. Descartes Releases August Report on Global Shipping Crisis
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its August report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals. The report shows July was the seventh consecutive month this year of record U.S. ocean container import volume versus July 2021. https://cyprusshippingnews.com/2022/08/19/descartes-releases-august-report-on-global-shipping-crisis/
3. MOL PLUS opens ‘MOL PLUS UK Desk’ in London
The MOL PLUS UK Desk will be operated by the New Business Project Team members at MOL (Europe Africa) Ltd., a 100% subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL). MOL PLUS will expand the creation of investment and collaborative opportunities and achieve an organizational structure that allows for greater speed and agility through locally based searches of new technologies and new businesses, with a focus on the environment and renewable energy in Europe. https://cyprusshippingnews.com/2022/08/19/mol-plus-opens-mol-plus-uk-desk-in-london/
4. Collaboration the Key to Safer Transport of Dangerous Good
Further support to comprehensive safety guidance issued by a collective of organisations late last year has been received through its endorsement by the International Chemical Transport Association (ICTA). A number of influential industry stakeholders2 have subsequently endorsed the Guidelines and now the International Chemical Transport Association (ICTA) can be added to the list. https://cyprusshippingnews.com/2022/08/19/collaboration-the-key-to-safer-transport-of-dangerous-goods/
5. Fiercely hot summer takes its toll on river transport worldwide
This year’s record-breaking heat in the northern hemisphere’s summer and lack of rainfall has seen a reduction in water levels around the globe, impeding river transport of grain, diesel, coal and other commodities, which is driving up costs and making material supplies scarce. https://splash247.com/fiercely-hot-summer-takes-its-toll-on-river-transport-worldwide/
6. Bulk carrier congestion on the wane as cape earnings slide
It has been a disastrous week for the big bulk carriers with capesizes sliding below opex.
One reason for the slump in rates to below $10,000 a day – alongside the traditional August slumber – has been the unwinding of congestion.
Last year, congestion, principally in China, sucked up a huge amount of tonnage. According to data from brokers Braemar, queues of laden bulk carriers reached as high as 61.5m dwt in September 2021, equivalent to 6.8% of the fleet. https://splash247.com/bulk-carrier-congestion-on-the-wane-as-cape-earnings-slide/
7. Workers At UK’s Biggest Container Port Felixstowe Due To Begin 8-Day Strike
More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike action which their union and shipping companies warn could seriously affect trade and supply chains. The staff at Felixstowe, on the east coast of England, are taking industrial action in a dispute over pay, becoming the latest workers to strike in Britain as unions demand higher wages for members facing a cost-of-living crisis. https://gcaptain.com/workers-at-uks-biggest-container-port-felixstowe-due-to-begin-8-day-strike/
8. Nord Stream 1 Pipeline To Shut For Three Days In Latest Fuel Blow To Europe
Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom GAZP.MM said on Friday, piling pressure on the region as it seeks to refuel ahead of winter. https://gcaptain.com/nord-stream-1-pipeline-to-shut-for-three-days-in-latest-fuel-blow-to-europe/
9. Some scour protection systems ‘almost impossible to decommission,’ report finds
Natural England suggests more sustainable options are needed that can be cost-effectively removed without damage to the environment
Scour protection is widely used in the offshore wind industry to protect structures and cables, but how sustainable is its use, and how easily can it be decommissioned at the end of the life of a windfarm? The answer seems to be ‘not very’ according to a recent report. https://www.rivieramm.com/news-content-hub/some-scour-protection-systems-almost-impossible-to-decommission-report-finds-72477
10. Demand for trenching vessels and gear grows as market expands
Owners operating trenching vessels expect the next few years to be good ones The offshore wind market has been become a major driver of demand for vessels capable of hosting trenching equipment and systems, as recent deals attest. In July 2022, Eidesvik was awarded a five-year contract for the vessel Subsea Viking, which will be used to support Van Oord on offshore wind work and be the main platform for its ‘Dig It’ trencher.
