1. Exmar and Seapeak JV orders gas carrier duo at Hyundai Mipo
Exmar LPG, a joint venture between Belgium’s Exmar and Seapeak, formerly Teekay LNG Partners, has ordered two midsize carriers at South Korea’s Hyundai Mipo Dockyard.
No price has been revealed for the 46,000 cu m dual-fuel LPG vessels expected to deliver in the fourth quarter of 2024 and the first quarter of 2025.
https://splash247.com/exmar-and-seapeak-jv-orders-gas-carrier-duo-at-hyundai-mipo/
2. Could nuclear energy propel shipping to net-zero by 2050?
In recent years, the IMO has accelerated regulatory efforts to cut the carbon intensity of all ships by at least 40% by the year 2030 and make the industry net zero by 2050. Because of this, creating an alternative fuel source has become a necessity, and many companies are now working towards that aim.
https://cyprusshippingnews.com/2022/09/05/could-nuclear-energy-propel-shipping-to-net-zero-by-2050/
3. Denmark and Germany agree to landmark energy project that can supply up to 4.5 million European homes with electricity
According to the Danish Ministry of Climate, Energy and Utilities Denmark and Germany have agreed to complete the planned Bornholm Energy Island, after Minister Habeck and Jørgensen gave the go-ahead to connect it to their respective countries. When established in 2030, the Energy Island will be the first of its kind and can supply 3.3 – 4.5 million Danish and German house-holds with green electricity. https://cyprusshippingnews.com/2022/09/05/denmark-and-germany-agree-to-landmark-energy-project-that-can-supply-up-to-4-5-million-european-homes-with-electricity/
4. Five autonomous shipping startups to watch in 2022/3
In the first chapters of Simon Sinek’s bestseller Start With Why, readers are presented with the story of the race to build the first flying machine that could carry a human aloft. It’s a David and Goliath tale between the heavily financed, “dream team” of experts led by Samuel Pierpont Langley, and the Wright brothers with their community-based humble means. https://cyprusshippingnews.com/2022/09/05/five-autonomous-shipping-startups-to-watch-in-2022-3/
5. AR Navigation System earns Innovation Endorsement Certificate from ClassNK
MOL announced that its AR navigation system, jointly developed with FURUNO Electric, has acquired certification in the Products & Solutions (P&S) category of Nippon Kaiji Kyokai (ClassNK)’s new “Innovation Endorsement” certification service tailored to innovative technologies and initiatives.
6. Gram Car Carriers adds close to $128m in long-term deal for two ships
Oslo-listed Gram Car Carriers has sealed two five-year timecharter deals with a major operator for its mid-size vessels Viking Diamond and Viking Ocean, adding a total of $127.8m of future revenue to the contract backlog. Both vessels will start the new contracts in the first quarter of 2023 upon completion of their current charters.
https://splash247.com/gram-car-carriers-adds-close-to-128m-in-long-term-deal-for-two-ships/
7. Another New Shipping Coalition Launches Another New Carbon Initiative
A coalition of companies including oil major Shell and no. 1 container line MSC on Tuesday launched an initiative to explore ways to cut climate-warming methane emissions from ships, which pose a major risk to industry efforts to go greener. https://gcaptain.com/another-new-shipping-coalition-launches-another-new-carbon-initiative/
8. Liverpool port workers to strike for two weeks
Unite the Union announced that more than 560 workers at the port of Liverpool are planning to take strike action from 19 September to 3 October. Liverpool is the latest UK port to be hit by strike action over wages, as inflation surges in the UK. Peel Ports Group said they had put forward an offer to increase wages by more than 8%. https://www.rivieramm.com/news-content-hub/liverpool-port-workers-to-strike-for-two-weeks-72749
9. New Prime Minister urged to accelerate roll-out of renewables
RenewableUK chief executive Dan McGrail said, “We are looking forward to working with the new Prime Minister and her team to take forward new measures to reduce energy bills, both in the short term and the long term. “Firstly, it’s vital that she should recommit to the ambitious targets set out in the Government’s Energy Security Strategy, which will move us further and faster towards energy independence.
10. Baltic index extends gains on higher rates for larger vessels
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for a third straight session on Monday on higher rates for capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 47 points, or 4.3%, at 1,133 points, its highest in nearly two weeks. https://www.shippingtribune.com/news/shipping/Baltic+index+extends+gains+on+higher+rates+for+larger+vessels
