1. BSM celebrates 25 years of its presence in Singapore during Singapore Maritime Week. 25 years ago, Eurasia, member of the Schulte Group and one of the predecessors of today’s BSM, started its ship management activities in Singapore. With this foundation, the Schulte Group established a second foothold in East Asia besides Hong Kong. In 2008, the four Schulte Group ship management companies – Eurasia Group, Hanseatic Shipping, Dorchester Atlantic Marine, Vorsetzen Bereederungs- und Schiffahrtskontor – merged under the single brand Bernhard Schulte Shipmanagement. Today, BSM Singapore is part of a global network of 11 ship management, 25 crew service and four maritime training centres worldwide consolidated under the BSM brand and one of the largest DoC-holders in the state. https://cyprusshippingnews.com/2023/04/28/bsm-celebrates-25-years-of-its-presence-in-singapore-during-singapore-maritime-week/
2. New EU-Norway Green Alliance to deepen cooperation on climate, environment, energy and clean industry. The EU and Norway have established a Green Alliance to strengthen their joint climate action, environmental protection efforts, and cooperation on the clean energy and industrial transition. The agreement was signed in Brussels by the President of the European Commission, Ursula von der Leyen, and Norway’s Prime Minister, Jonas Gahr Støre.https://cyprusshippingnews.com/2023/04/28/new-eu-norway-green-alliance-to-deepen-cooperation-on-climate-environment-energy-and-clean-industry/
3. Cyprus actively represented at the Delphi Economic Forum by Philippos Philis and Despina Panayiotou Theodosiou. In the context of the Delphi Economic Forum VIII, Cyprus through two important maritime personalities Philippos Philis (ECSA President) and Despina Panayiotou Theodosiou (CEO Tototheo Maritime | Immediate Past President WISTA International) sent its messages from Delphi Greece.In particular, Cyprus representatives talked about the various challenges the shipping sector faces at both European and global level, emphasising the strategic importance of Cyprus shipping and the commitment of the shipping sector to its decarbonisation. https://cyprusshippingnews.com/2023/04/28/cyprus-actively-represented-at-the-delphi-economic-forum-by-philippos-philis-and-despina-panayiotou-theodosiou/
4. Black Sea Watch: Ukrainian grain flows ease amid safe passage uncertainty. With the contested extension deadline for the Black Sea Grains Initiative approaching fast, and with little guidance as to what might follow after May 18, Ukraine grain export volumes are exhibiting a steady decline while an increasingly dysfunctional Russian wheat market is seen adding to participants’ concerns.“Large trading houses are being driven away from Russia, which doesn’t bode well for the Black Sea trade,” said a Geneva-based trader. “Russia appears determined to control all regional agricultural trade in the region and integrate vertically.” https://cyprusshippingnews.com/2023/04/28/black-sea-watch-ukrainian-grain-flows-ease-amid-safe-passage-uncertainty/
5. DP World reports gross volume growth of 3.7%. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World. DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with gross container volumes increasing by 1.4% year-on-year on a reported basis and up 3.7% on a like-for-like basis.The growth was driven by a strong performance in Asia Pacific and India, which was partially offset by softer performance in Europe and the Americas. Jebel Ali (UAE) handled 3.5 million TEU in 1Q 2023, up 2.3% year-on-year. https://cyprusshippingnews.com/2023/04/28/dp-world-reports-gross-volume-growth-of-3-7-on-a-like-for-like-in-1q2023/
6. April sees tanker orders rain in. Tanker orders are picking up, but remain unlikely to affect fleet fundamentals until after 2026, according to new analysis from BRS.Across January to mid-April, firm orders for 61 oil tankers of MR1s and above have been placed for a combined capacity of 5.7m dwt, according to BRS. This is 48 more vessels – equivalent to 3.3m dwt – year-on-year with orders weighted towards MR2s followed by aframaxes, suezmaxes, and LR1s. The month of April is looking like it will be the busiest month for tanker orders since March 2021. https://splash247.com/april-sees-tanker-orders-rain-in/
7. Maritime CEO Forum: Tomorrow’s workforce identified. Where shipping is getting it right and wrong when it comes to attracting and retaining the best talent and how different the demands of the industry will be in the coming decade in terms of requisite skillsets made for a very lively human resources session at this week’s Maritime CEO Forum held at the Fullerton Hotel in Singapore. https://splash247.com/maritime-ceo-forum-tomorrows-workforce-identified/
8. Chinese And Philippine Coast Guards Nearly Collide. Chinese and Philippine ships came close to collision in the South China Sea on Sunday, in yet another sign of continued tensions over contested waters as both sides accused one another of intrusion and provocation.Two Chinese coast guard vessels blocked Philippine patrol boats in the vicinity of Ayungin shoal on April 23, with one of the ships carrying out “dangerous maneuvers” and came within 50 yards of the Southeast Asian nation’s boat, according to its coast guard on Friday. https://gcaptain.com/chinese-and-philippine-coast-guards-nearly-collide/
9. Drone Strike Ignites Oil Terminal Fire in Crimea Port. A drone strike caused a fire at a fuel storage facility in the Crimean port of Sevastopol, sending a vast column of black smoke into the sky before it was extinguished, the city’s Moscow-installed governor said on Saturday.Experts examined the site and “it became clear that only one drone was able to reach the oil reservoir”, Mikhail Razvozhaev said on the Telegram messaging app, adding that no one had been injured in the fire. https://gcaptain.com/drone-strike-ignites-oil-terminal-fire-in-crimea-port/
10. Baltic index extends gains on strong capesize demand. The Baltic Exchange’s main sea freight index extended gains for a second-straight session on Thursday, supported by higher rates for capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 45 points, or about 2.9%, to 1,581 – its highest since March 15.The capesize index rose 176 points, or about 8.4%, to its highest level of 2,276 since late December.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased $1,455 to $18,874. https://www.shippingtribune.com/news/shipping/Baltic+index+extends+gains+on+strong+capesize+demand
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