1. Euroseas reported results for the Nine Month Period and Quarter ended September 30 2022
Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2022. https://cyprusshippingnews.com/2022/11/17/euroseas-reported-results-for-the-nine-month-period-and-quarter-ended-september-30-2022/
2. Bunker One announces the Port Louis operation is set to go
As bunker supply barge MT Tulip calls to port, Bunker One can now provide bunker supply at berth and anchorage in Port Louis, Mauritius. Since first setting its sights on the busy trade route location in 2021, Bunker One has been scaling up capacity and bringing its full strength of operation to the strategically important Port Louis, East off the coast of South Africa, on one of the busiest shipping lanes linking Africa, Asia, Australia, and South America. https://cyprusshippingnews.com/2022/11/17/bunker-one-announces-the-port-louis-operation-is-set-to-go-2/
3. Seafarer support services and partnership working are vital for maritime industry’s future
As the International Seafarers’ Welfare and Assistance Network (ISWAN) reports a high demand for its helpline services over the last year, it is clear that accessible welfare and support services for seafarers worldwide remain a priority for the maritime industry. https://cyprusshippingnews.com/2022/11/17/seafarer-support-services-and-partnership-working-are-vital-for-maritime-industrys-future/
4. Study finds Tallinn Old City Harbour’s air quality in accordance with requirements
This summer, the Estonian Environmental Research Centre conducted ambient air quality measurements in Tallinn Old City Harbour, confirming that the Port of Tallinn has effectively mitigated the risks of air pollution from ships and cars. None of the measured pollutants exceeded the limit values. Analyses also showed that visits by cruise ships do not individually increase pollution levels. https://cyprusshippingnews.com/2022/11/17/study-finds-tallinn-old-city-harbours-air-quality-in-accordance-with-requirements/
5. Iran and Greece reach tanker truce
“Today is a very pleasant day for our sailors, but also for Greece in general, since an unpleasant and particularly complex case came to an end, following systematic efforts by the Greek government,” Greek shipping minister Giannis Plakiotakis said in a statement.
6. Startup alliance Ocean Founders launches
Ocean Founders, a collective of maritime tech founders has launched to advocate for industry step changes which could reduce friction for innovation and amplify resources for startups facing go-to-market hurdles. https://splash247.com/startup-alliance-ocean-founders-launches/
7. Canada invests in Port of Prince Rupert to increase supply chain capacity
Canada’s Minister of Transport Omar Alghabra on Wednesday announced an investment of nearly C$75m ($56.2m) under the country’s National Trade Corridors Fund to increase capacity at the Port of Prince Rupert on Canada’s Pacific coast, north of Vancouver. The port is Canada’s third largest, after Vancouver and Montreal. With a contribution from Trigon Pacific Terminals Limited, the total combined investment in the project will be $163.1m. https://splash247.com/canada-invests-in-port-of-prince-rupert-to-increase-supply-chain-capacity/
8. Harbor Tug Lockout Threatens ‘Nationwide Port Shutdown’ in Australia
The Maritime Union of Australia (MUA) is warning of a nationwide port shutdown if Svitzer management goes through with a planned lockout of unionized harbor tug workers at ports across Australia.
The warning comes after Svitzer Australia on Tuesday announced it had given notice to its nearly 600 harbor towage employees at 17 ports across Australia of an indefinite lockout starting Friday at noon. No merchant ships will be towed in or out of ports by Svitzer tugs during the lockout.
9. U.S. Says Iranian Drone Behind Tanker Attack in Gulf of Oman
“There is no justification for this attack, which is the latest in a pattern of such actions and broader destabilizing activities,” National Security Adviser Jake Sullivan said in a statement Wednesday. He said Iran is increasingly using drones “directly and via its proxies throughout the Middle East and proliferating to Russia for use in Ukraine.” https://gcaptain.com/u-s-says-iranian-drone-behind-tanker-attack-in-gulf-of-oman/
10. Baltic index falls to 2-month low as capesize rates slide
The Baltic Exchange’s dry bulk sea freight index BDI, fell to its lowest in more than two months on Wednesday, weighed down by a dip in capesize rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 12 points, or 0.9%, to its lowest since Sept. 13 at 1,288.