1. Cyprus Shipping Industry: Focuses on opportunities with compass Green and Digital Transition
With regard to the developments pertaining to the Shipping Industry’s “Green Transition”, Cyprus during 2022, had an active role in global efforts to find a sustainable way to apply the environmental regulations concerning the maritime transport sector. https://cyprusshippingnews.com/2023/01/13/cyprus-shipping-industry-focuses-on-opportunities-with-compass-green-and-digital-transition/
2. China tops global shipbuilding market with 49% share in 2022
Clarksons Research announced on Jan. 10 that 38 percent of global new shipbuilding orders went to South Korean shipbuilders last year. The ratio is equivalent to 289 ships adding up to 16.27 million CGT. Chinese shipbuilders’ figures are 49 percent, 728 ships and 20.92 million CGT. https://cyprusshippingnews.com/2023/01/13/china-tops-global-shipbuilding-market-with-49-share-in-2022/
3. Human Rights at Sea awarded the ECOSOC Special Consultative Status
Human Rights at Sea is proud to announce that the United Nations Economic and Social Council has formally recognised the organisation and granted it “Special Consultative Status”. https://cyprusshippingnews.com/2023/01/13/human-rights-at-sea-awarded-the-ecosoc-special-consultative-status/
4. Navarino to offer SpaceX’s Starlink service to maritime sector
Navarino is proud to announce that it has signed a distributor agreement and it will be adding SpaceX’s Starlink service to its portfolio of connectivity solutions. The agreement means that Navarino will act as a global ‘Authorized Starlink Integrator’, offering Starlink’s low latency, high speed broadband to the merchant marine sector. https://cyprusshippingnews.com/2023/01/13/navarino-to-offer-spacexs-starlink-service-to-maritime-sector/
5. Hapag Lloyd acquires stake in the Spinelli Group
The responsible antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group, after signing took place in September 2022. With today’s closing of the transaction, Hapag-Lloyd has acquired 49 percent of the shares in one of Italy’s leading terminal and transport operators. https://cyprusshippingnews.com/2023/01/13/hapag-lloyd-acquires-stake-in-the-spinelli-group/
6. Up to 1,000 ships affected by DNV ransomware attack
DNV confirmed that around 1,000 vessels have been affected by a recent cybersecurity incident on its ShipManager software which proved to be a result of a ransomware attack. The Norway-based class society said in a statement that the shutdown of ShipManager servers was affecting a total of 70 clients. https://splash247.com/up-to-1000-ships-affected-by-dnv-ransomware-attack/
7. Norwegian green ammonia floater makes headway with India’s L&T onboard
Norwegian developer H2Carrier, has brought Indian engineering conglomerate Larsen & Toubro (L&T) onboard its green ammonia floating production vessel project. A memorandum of understanding signed by the two parties aims to develop floating green ammonia projects for industrial-scale applications, with L&T becoming a partner for topsides process plant EPCIC. https://splash247.com/norwegian-green-ammonia-floater-makes-headway-with-indias-lt-onboard/
8. Little to cheer for liners as Chinese New Year approaches
Container indices are levelling out, but there is scant reason for optimism in the opening fortnight of 2023. Last week’s Splash annual liner forecast carried headline predictions that liner shipping will make just 5% of 2022’s mega profits, and up to 25% of the massive container orderbook will likely be postponed. https://splash247.com/little-to-cheer-for-liners-as-chinese-new-year-approaches/
9. One Year After Volcanic Blast, Many Of Tonga’s Reefs Lay Silent
One year on from the massive eruption of an underwater volcano in the South Pacific, the island nation of Tonga is still dealing with the damage to its coastal waters. When Hunga-Tonga-Hunga Ha’apai went off, it sent a shockwave around the world, produced a plume of water and ash that soared higher into the atmosphere than any other on record, and triggered tsunami waves that ricocheted across the region – slamming into the archipelago which lies southeast of Fiji.
https://gcaptain.com/one-year-after-volcanic-blast-many-of-tongas-reefs-lay-silent/
10. India’s future oil strategy to reflect robust inflows from both US and Russia
India is aiming to pursue an oil import policy that will witness robust inflows from both the US and Russia in the foreseeable future, while stepping up efforts to diversify the crude basket even further to cushion the impact of any supply shock going ahead, government officials and analysts said.
