1. Windward expands its public sector customer base with Government Agencies across the US, EMEA and LATAM determined to crack down on Illicit maritime activity
Windward, the leading Maritime AI™ company, announced today four new law enforcement and intelligence agency customers across the US, Europe, the Middle East, and Latin America. Windward’s AI-powered platform will be used to increase the customers’ Maritime Domain Awareness (MDA) to monitor their maritime borders efficiently and confidently and protect their citizens and national interests by minimizing illicit activities and monitoring developing threats. https://cyprusshippingnews.com/2022/09/14/windward-expands-its-public-sector-customer-base-with-government-agencies-across-the-us-emea-and-latam-determined-to-crack-down-on-illicit-maritime-activity/
2. Safety, legal and facilitation aspects of autonomous shipping discussed at IMO Regulating Maritime Autonomous Surface Ships (MASS) seminar
Regulating Maritime Autonomous Surface Ships (MASS) has implications for safety, legal and facilitation instruments under the purview of the international Maritime Organization (IMO). The first session of a joint IMO working group to address common high-priority issues across various instruments was held in September (7-9), in remote session. The session was preceded by an IMO MASS Seminar (5-6 September) which brought together stakeholders to share insights and views. https://cyprusshippingnews.com/2022/09/14/safety-legal-and-facilitation-aspects-of-autonomous-shipping-discussed-at-imo-regulating-maritime-autonomous-surface-ships-mass-seminar/
3. How Flexport is using MSC’S Track&Trace API for better shipment visibility a case study
MSC and Flexport have been long time partners. Now, Flexport is using MSC’s Track & Trace API to streamline the way customers access freight data. Read the case study below to learn more.
The Initial SituationToday’s customers expect accurate and timely updates about every stage of their shipment in order to plan and, if necessary, respond to delays or issues. This has become more important than ever in the COVID era of supply chain disruptions. https://cyprusshippingnews.com/2022/09/14/case-studyhow-flexport-is-using-mscs-tracktrace-api-for-better-shipment-visibility/
4. A life in the day of marine procurement
Our comms team caught up with Chief Procurement Officer Simon Potter to find out what’s happening on the strategic procurement front at Inchcape, not least our global ship-chandling solution that’s being rolled out at a bunch of new ports this autumn. Simon also explains why he ‘moonlights’ as VP of Sustainability at trade body IMPA and why strength in numbers is key to moving the industry towards a more sustainable future. https://cyprusshippingnews.com/2022/09/14/a-life-in-the-day-of-marine-procurement/
5. American Shipping Company raising $40m to back offshore vessel deal
Oslo-listed owner of Jones Act compliant tankers, American Shipping Company (AMSC), who earlier this year expanded its portfolio with the purchase of one of the most advanced offshore subsea construction vessels, is looking to raise around $40m via a private placement of new shares. https://splash247.com/american-shipping-company-raising-40m-to-back-offshore-vessel-deal/
6. Bordelon Marine lands new charter deal
US offshore support vessel owner and operator Bordelon Marine has entered into a new charter agreement with Subsea 7 i-Tech US for the Jones Act-compliant ultra-light intervention vessel (ULIV) Connor Bordelon. The charter will see the 2013-built vessel utilised for one year, supporting inspection, repair and maintenance (IRM) operations and light intervention scopes for clients operating in US waters and regional international locations. https://splash247.com/bordelon-marine-lands-new-charter-deal/
7. Chinese methanol-powered newcastlemax bulker seals design approval
CSSC Qingdao Beihai Shipbuilding and China Ship Design & Research Center (CSDC) have developed what is said to be the world’s first methanol-powered newcastlemax bulk carrier. Beihai Shipbuilding in Qingdao has cemented its place as one of the world’s top manufacturers of newcastlemax bulkers, including those with LNG and ammonia-ready notation. https://splash247.com/chinese-methanol-powered-newcastlemax-bulker-seals-design-approval/
8. Rail Disruption Could Lead to Energy Shortages for Northeast States
The northernmost East Coast states rely on railroad shipments to supplement pipeline deliveries from the U.S. Gulf. The region is among the largest fuel consumers in the nation, where U.S. Energy Information Administration (EIA) data shows that in July, inventories of heating oil and diesel reached the lowest levels in at least three decades. https://gcaptain.com/rail-disruption-could-lead-to-energy-shortages-for-northeast-states/
9. Feds Raid Offshore Driller QuarterNorth Energy’s Louisiana Office Amid Oil Spill Probe
QuarterNorth Energy LLC’s office in Lafayette, Louisiana, was searched by investigators from the US Interior Department, Bureau of Safety and Environmental Enforcement and the Environmental Protection Agency for materials related to the loss of well control last year, according to people with knowledge of the situation. https://gcaptain.com/feds-raid-offshore-driller-quarternorth-energys-louisiana-office-amid-oil-spill-probe/
10. BIMCO Tanker Market Analysis: Longer routes and higher rates as EU bans Russian oil and products
So far this year, The Baltic Exchange Dirty Tanker Index (BDTI) has on average been 86% higher than during 2021 and The Baltic Exchange Clean Tanker Index (BCTI) has on average been 113% higher.
– The IMF has lowered its global economic growth forecast to 3.2% for 2022 and 2.9% for 2023, and highlights that the risk of a global recession has increased. https://www.shippingtribune.com/news/shipping/BIMCO+Tanker+Market+Analysis%3A+Longer+routes+and+higher+rates+as+EU+bans+Russian+oil+and+products
