1. Anglo-Eastern enters innovation partnership with MAN Energy Solutions
MAN Energy Solutions and Anglo-Eastern Ship Management Ltd. recently signed a cooperation agreement regarding a so-called ‘Innovation Partnership’. Under the terms of the agreement, the two parties will – on an ongoing basis – exchange data and knowledge regarding the daily operation of engines, engine performance and maintenance, testing of digital products, development and creation of software, algorithms, and APIs, among other areas. https://cyprusshippingnews.com/2022/12/12/anglo-eastern-enters-innovation-partnership-with-man-energy-solutions/
2. FuelEU Maritime can do more to accelerate early action for shipping decarbonisation
In an open letter to decision-makers in Brussels, the World Shipping Council (WSC) together with Danish Shipping and the Methanol Institute urge decision-makers to reach an agreement on the FuelEU Maritime which will help reduce shipping GHG emissions. https://cyprusshippingnews.com/2022/12/12/fueleu-maritime-can-do-more-to-accelerate-early-action-for-shipping-decarbonisation/
3. Twenty oil tankers halted near Istanbul in insurance dispute
The number of oil tankers waiting in the Black Sea to pass through Istanbul’s Bosphorus Strait on the way to the Mediterranean rose to 20 on Friday, Tribeca shipping agency said, as Turkey held talks to resolve an insurance dispute behind the build-up, according to Reuters. https://cyprusshippingnews.com/2022/12/12/twenty-oil-tankers-halted-near-istanbul-in-insurance-dispute/
4. New feeder service provided direct connection between Poti Port and Istanbul
This month, APM Terminals Poti welcomed the maiden call of the new Poti Turkiye Feeder service from shipping line ZIM. This new direct service expands its offering between Turkey and Georgia. The 925 TEU Contship Joy will operate between Turkish ports and Poti Port every 12-14 days. Established in 1945, Israeli cargo shipping company ZIM is one of the world’s leading shipping companies, operating in every part of the globe. https://cyprusshippingnews.com/2022/12/12/new-feeder-service-provided-direct-connection-between-poti-port-and-istanbul/
5. DP World and Puntland Government signed construction agreement to upgrade Port of Bosaso
The agreement was signed in Dubai today by Ahmed Yaasiin Saalah, Puntland’s Minister of Ports and Maritime Transport, and Suhail Albanna, DP World’s CEO and Managing Director, Middle East and Africa, in the presence of Abdurazak Ali Seid, Governor of the Bari region, Hassan Abdalle Buhe, Mayor of Bosaso, Dr. Abdifatah nour Ahmed, State minister of information and communication- Puntland state of Somalia, Ali Omar Arshe, Deputy Minister revenue of Finance, Jama Salad Mohamoud, Puntland chamber of commerce and Hassan Abdullahi, representative of the office of Puntland’s President. https://cyprusshippingnews.com/2022/12/12/dp-world-and-puntland-government-signed-construction-agreement-to-upgrade-port-of-bosaso/
6. Gasunie and VTTI look to increase Dutch LNG import capacity
Dutch state-owned energy network operator Gasunie and VTTI, the energy and chemicals storage unit co-owned by Vitol, IFM and ADNOC, are looking to develop additional storage and import capacity for liquefied natural gas (LNG) in the Netherlands. https://splash247.com/gasunie-and-vtti-look-to-increase-dutch-lng-import-capacity/
7. Container market collapse sees first ships heading for scrap
The container market collapse is in full view with ships heading for scrap and other vessels taking the long way back to Asia via the Cape of Good Hope to soak up capacity. Both Clarksons and Braemar are reporting that several smaller containerships have been circulated in the recycling market this week https://splash247.com/container-market-collapse-sees-first-ships-heading-for-scrap/
8. MEPC 79: IMO Working Group Talks About Fuel Consumption Data, and Who Can See It
The Marine Environmental Protection Committee (MEPC), the part of the International Maritime Organization (IMO) dealing closely with shipping’s path to decarbonization, began its MEPC79 meeting on Monday, December 12th. As explained in previous articles, the meeting is really a stop along the way towards a meeting next Spring (dubbed MEPC80) where the regulatory guideposts for the voyage to 2030, and beyond, will be agreed by the IMO. https://gcaptain.com/mepc-79-imo-working-group-talks-about-fuel-consumption-data-and-who-can-see-it/
9. U.S. Container Imports Near Pre-Pandemic Levels in November
U.S. container imports fell a whopping 19.4% in November compared to the same month last year as economic turmoil, a reduction in retail transactions, and high fuel costs are finally starting to leave their mark on import volumes, according to logistics technology firm Descartes Systems Group (Nasdaq: DSGX). https://gcaptain.com/u-s-container-imports-near-pre-pandemic-levels-in-november/
10. Baltic Index Sees Worst Day In Three Weeks On Capesize Drop
The Baltic Exchange’s dry bulk sea freight index fell on Monday to mark its worst day in almost three weeks, pressured by lower rates for larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 25 points or about 1.8% to 1,361, its biggest percentage loss since Nov. 22. https://www.shippingtribune.com/news/shipping/Baltic+Index+Sees+Worst+Day+In+Three+Weeks+On+Capesize+Drop
