1. BSM celebrates 50 years of third-party ship management
More than 600 invited guests gathered yesterday at Limassol Marina, Cyprus, to celebrate the 50th anniversary of Bernhard Schulte Shipmanagement (BSM). Customers and partners, representatives from business and politics as well as employees, paid tribute to BSM as a first mover in third-party ship management. Fifty years ago, the foundation was laid for the development of today’s BSM, which is now one of the largest ship management companies in the world. Furthermore, it was the beginning of the unparalleled development of Cyprus into one of the world’s most important shipping locations. https://cyprusshippingnews.com/2022/10/12/bsm-celebrates-50-years-of-third-party-ship-management/
2. Dumping of sewage sludge at sea to be prohibited worldwide
Amendment to treaty on dumping of waste at sea will remove sewage sludge from list of wastes which may be given dumping permit. The amendment to the London Protocol will remove sewage sludge from the list of permissible wastes – wastes which may be considered for dumping at sea. Parties to the treaties which regulate the dumping of wastes at sea have adopted an amendment to ensure that the dumping of sewage sludge at sea would be prohibited worldwide. https://cyprusshippingnews.com/2022/10/12/dumping-of-sewage-sludge-at-sea-to-be-prohibited-worldwide/
3. APM Terminals appoints Head of Strategy and Transformation
“Delivering on our Safer, Better, Bigger strategy requires significant business transformation and having an experienced leader that can drive strategy formulation, deployment and execution is key. I am therefore delighted to have Charlotte join APM Terminals Management Team on October 17th, where her experience and passion will be a tremendous asset”, shares Keith Svendsen, APM Terminals CEO. https://cyprusshippingnews.com/2022/10/12/apm-terminals-appoints-head-of-strategy-and-transformation/
4. Double Minehunter Consignment demonstrates Peters & May’s Heavy-lift capabilities
As Peters & May’s Global Commercial Sales Manager, Robert Blades, says it’s not unusual for the company to transport one vessel of this size, but two of them going onto one ship is highly unusual: “This contract followed on from the shipment in 2018 of the first of these vessels. Following the client’s positive experience with Peters & May, the double shipment was due to be made in 2020, but the global pandemic put this back to September 2022. https://cyprusshippingnews.com/2022/10/12/double-minehunter-consignment-demonstrates-peters-mays-heavy-lift-capabilities/
5. Trends and challenges in the bulk cargo industry will be discussed at the international conference
The international conference “Bulk Terminals Riga 2022” will take place at the Freeport of Riga Authority. The annual conference is organized by the Association of Bulk Terminal Operators , and it is held in Riga in cooperation with the Freeport of Riga Authority. According to the organizers of the conference, since 2019 this is the first opportunity for everyone related to bulk cargo transportation, storage, transshipment and processing to meet again in person and discuss issues important to the industry. https://cyprusshippingnews.com/2022/10/12/trends-and-challenges-in-the-bulk-cargo-industry-will-be-discussed-at-the-international-conference/
6. Nautilus Labs and OrbitMI team up
US maritime tech companies Nautilus Labs and OrbitMI have formed a strategic partnership aimed at managing data integrations, operational processes, and optimisation. The partnership announced at this week’s SHIPPINGInsight conference, will allow joint clients to access Orbit Reporter, a browser-based tool that provides standardised reporting structures and templates. https://splash247.com/nautilus-labs-and-orbitmi-team-up/
7. Floating offshore wind pipeline hits 185 GW mark
Floating offshore wind project pipeline has more than doubled in the past 12 months in terms of capacity worldwide, from 91 GW a year ago to 185 GW, new research published by RenewableUK shows. According to the report, the number of projects has increased globally during that time from 130 to 230. The pipeline includes operational projects, under construction, consented to, in the planning system, or at an early stage of development.
8. New Polymetallic Nodules Collection System Tested Key Region of the Pacific Ocean
The trial marked the first such test in the Clarion Clipperton Zone (CCZ) since the 1970s. The CCZ is a 1.7-million-square-mile fracture zone in the eastern Pacific Ocean that contains trillions of potato-size polymetallic nodules lying on the muddy seafloor or just below. The rock-like deposits contain metals needed for the production of batteries that will be critical for the clean energy transition. https://gcaptain.com/new-polymetallic-nodules-collection-system-tested-key-region-of-the-pacific-ocean/
9. Anxiety-inducing offshore crewing legislation is off the menu – for the time being
Legislation designed to create jobs for American workers that could have significantly reduced the availability of vessels required for offshore energy development in the US seem to have been halted in their tracks
Multiple industry associations had warned that although well-intended, the legislation – the American Offshore Worker Fairness Act (AOWFA) – would have an extremely adverse effect and significantly reduce the pace of the development of offshore wind and offshore oil and natural gas projects in the US.
10. US container freight market seen easing further in Q4 as demand softens
Freight rates on the Far East-North America trade lane look to remain under pressure as market imbalances begin correcting and US im-porters have tepid volume outlooks through the rest of the year.
As the market passes by the comparatively sleepy import peak season, expectations abound that North American import freight rates will continue their downward adjustments before settling in the new year.