1. DP World Limassol actively supports Movember Cyprus
DP World Limassol, in collaboration with P&O Maritime Cyprus, held a “shave-down” event at the Company’s premises at Limassol port on Thursday, 17 November 2022, to mark Movember Cyprus and Men’s Health Awareness Month. Movember Cyprus aims to raise awareness as well as encourage men all over the island to get tested and seek mental health support. https://cyprusshippingnews.com/2022/11/22/dp-world-limassol-actively-supports-movember-cyprus/
2. EU ETS must be truly green
The final and crucial details in the Europeans Commission’s proposal on the inclusion of shipping in the Emission Trading System, ETS, are about to be set in stone as the EU institutions are approaching a political agreement. Together with other organisations representing energy and shipping, Danish Shipping are now once again trying to push the regulation in the greenest direction possible. https://cyprusshippingnews.com/2022/11/22/eu-ets-must-be-truly-green/
3. NYK Shipmanagement celebrates its 21st Anniversary
On November 15, NYK Shipmanagement, an NYK Group company, held a ceremony at the Swissotel in Singapore to celebrate its 21st anniversary. NYKSM’s 20th anniversary fell on October 1, 2021, but due to measures to prevent the spread of COVID-19, a ceremony was not held. https://cyprusshippingnews.com/2022/11/22/nyk-shipmanagement-celebrates-its-21st-anniversary/
4. Co-owner of Delo Group: Russia can play a much more significant role in global logistics
Since the beginning of the year, the Russian logistics industry has undergone serious changes. Sales markets, freight lines and partners have changed. All these factors caused domestic companies to build a transport and logistics routes almost from scratch. In an interview with TASS, Sergey Shishkarev, Chairman of the Boards of Directors of Delo Group, told what opportunities have opened up for Russia with the departure of major global logistics companies. https://cyprusshippingnews.com/2022/11/22/co-owner-of-delo-group-russia-can-play-a-much-more-significant-role-in-global-logistics/
5. Ukrainian crew supply nearly in balance
Danica Crewing Specialists reports that the availability of Ukrainian seafarers has increased to the point that there is now a better balance between the number of vacancies on offer and the candidates available to fill these positions. This situation is a far cry from the previous three quarters of the year where crew supply was significantly impacted by the war in Ukraine and the resulting travel restrictions on Ukrainian men aged between 16 and 60.
https://splash247.com/ukrainian-crew-supply-nearly-in-balance/
6. European shipping rallies ahead of ETS ruling
As the negotiations on the revision of the European Union emission trading scheme enter their final stretch today, European shipowners, ports, the cruise and ferry sectors, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders, port operators, shipmanagers and the European maritime clusters have called on the European Parliament and the Council to earmark the revenues generated from the inclusion of the shipping sector in the EU ETS for the maritime sector. https://splash247.com/european-shipping-rallies-ahead-of-ets-ruling/
7. Possibility of US rail strike rises as another union rejects tentative agreement
The last two of 12 unions voted last week on ratification of their labour agreements with the major US freight railroads and announced results on Monday. One of the two unions ratified its deal, the other rejected its. In total, four of the 12 unions rejected their agreements and remain without a contract. https://splash247.com/possibility-of-us-rail-strike-rises-as-another-union-rejects-tentative-agreement/
8. Peter Georgiopoulos: ‘An Inspiration to Many’, Looks to the Future
Marine Money’s “Ship Finance Forum” in New York attracted a superb roster of speakers, informing a spirited group of attendees on a wide range of topics. The show-stopper, for me, was certainly the pairing of two New York shipping icons, with Robert Bugbee interviewing Peter Georgiopoulos—a New York native who became a quintessential shipping magnate, riding the early 2000s supercycles upward. https://gcaptain.com/peter-georgiopoulos-an-inspiration-to-many-looks-to-the-future/
9. China Signs Quarter-Century LNG Deal With Qatar
QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia’s invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent’s imports. https://gcaptain.com/china-signs-quarter-century-lng-deal-with-qatar/
10. Baltic index hits lowest in 2-1/2 months on lower demand for smaller vessels
The Baltic Exchange’s dry bulk sea freight index on Monday dropped to its lowest in more than two months as demand reduced for panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities was down 12 points, or about 1%, to 1,177, its lowest since Sept. 8. https://www.shippingtribune.com/news/shipping/Baltic+index+hits+lowest+in+2-1%2F2+months+on+lower+demand+for+smaller+vessels
