1. IAPH publishes new risk and resilience guidelines and new online risk inventory portal for ports harbors and terminals
IAPH is pleased to announce the publication of its newly-created risk and resilience guidelines for ports, as well as the release of a new risk inventory portal aimed at sharing best practices on risk mitigation and management for ports. https://cyprusshippingnews.com/2023/01/16/iaph-publishes-new-risk-and-resilience-guidelines-and-new-online-risk-inventory-portal-for-ports-harbors-and-terminals/
2. AtoB@C Shipping unveils the names of the first six hybrid vessels
Ahead of the delivery of the first highly energy-efficient plug-in hybrid vessel in the third quarter of this year, AtoB@C Shipping today unveils the names of the first six vessels. The first vessel will be named Electramar, which provides fitting reference to vessel’s hybrid propulsion, battery pack and shore power connectivity. https://cyprusshippingnews.com/2023/01/16/atobc-shipping-unveils-the-names-of-the-first-six-hybrid-vessels/
3. Quinto Shipping orders ‘Parsifal’ type inland waterway tanker from Concordia Damen
Last week, Dutch inland shipping yard Concordia Damen was commissioned to build and equip an inland shipping tanker for Quinto Scheepvaart B.V. from Zwijndrecht. At This also marks the switch, after 25 years, that family business Quinto makes from container shipping to tanker shipping. https://cyprusshippingnews.com/2023/01/16/quinto-shipping-orders-parsifal-type-inland-waterway-tanker-from-concordia-damen/
4. Fraud is the biggest threat to cargo losses
Criminal fraud in its many and various manifestations within the global supply chain is seen by International freight transport insurer TT Club as a primary and growing threat. Carrier fraud in particular is a dominant occurrence. Renewed vigilance is required and encouraged by the insurer. https://cyprusshippingnews.com/2023/01/16/fraud-is-the-biggest-threat-to-cargo-losses/
5. Nine in 10 major ports are exposed to climate hazards: University of Oxford study
New research from the University of Oxford’s Environmental Change Institute (ECI) indicates that nearly nine in 10 major ports globally are exposed to damaging climate hazards, resulting in escalating economic impacts on global trade. https://splash247.com/nine-in-10-major-ports-are-exposed-to-climate-hazards-university-of-oxford-study/
6. Grimaldi adds to ammonia-ready car carrier orderbook in China
Italian shipowner Grimaldi Group has signed an order for the construction of up to seven ammonia-ready pure car and truck carriers in China, worth around $630m. The Naples-based company has booked five firm 9,000 ceu units at CSSC-affiliated Shanghai Waigaoqiao Shipbuilding and China Shipbuilding Trading Company, with an option for two additional ships. https://splash247.com/grimaldi-adds-to-ammonia-ready-car-carrier-orderbook-in-china/
7. Unionised North Sea Petrofac workers win pay rise
Over 200 offshore workers employed by energy services company Petrofac on Repsol Sinopec’s assets have accepted an improved wage offer bringing a long-running dispute to an end. Unite, the UK’s largest offshore trade union confirmed the deal will result in a salary increase of up to 20.2%, which is the cash equivalent of up to £18,000 (around $22,000), and also enhancements to allowances. https://splash247.com/unionised-north-sea-petrofac-workers-win-pay-rise/
8. Norway Naval Officer Goes On Trial Over Oil Tanker Collision
A Norwegian naval officer stands trial on Monday accused of negligence that led to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank.
Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces estimated in a 2019 report. https://gcaptain.com/norway-naval-officer-goes-on-trial-over-oil-tanker-collision/
9. LNG spot rates drop below US$100,000 in Atlantic
Rates to transport LNG into Europe have declined precipitously after reaching record highs in mid-October 2022, as the continent rushed to replace Russian pipeline gas volumes with LNG. Commodity trading analysts Spark Commodities has launched its own rates tracking service as well as futures trading vehicles on the London-based ICE Markets futures trading platform. https://www.rivieramm.com/news-content-hub/lng-spot-rates-drop-below-us100000-in-atlantic-74540
10. London – ready to finance tanker shipping
At the Tanker Shipping & Trade Conference Awards & Exhibition, held in Athens, Greece, in November 2022, the receiver of the Lifetime Achievement Award, Mr Harry Theochari OBE of Maritime London (and Norton Rose Fulbright) painted a picture of the shipping finance landscape and where London fits in. https://www.rivieramm.com/news-content-hub/london—ready-to-finance-tanker-shipping-74541
