1. IMO data numbers added to standardised Noon Report Cross-industry body publishes Version 1.0 of standardised list of data points for Noon Reports following year-long consultation process with BIMCO and IMO IMO data numbers added to standardised Noon Report – Cyprus Shipping News https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
2. Subsea 7 scores Petrobras contract worth more than $1.25bn Subsea 7 has landed what it describes as a “super-major” contract worth over $1.25bn with Brazil’s Petrobras.The deal will see the Oslo-listed offshore services player work on the BĂşzios 9 field development, located some 180 km off the coast of Rio de Janeiro in the pre-salt Santos basin. Subsea 7 scores Petrobras contract worth more than $1.25bn – Splash247 https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
3. War Risk Insurance Challenges in the Wake of Russia-Ukraine War The Chairman of the Association of Average Adjusters, Burkhard Fischer, highlighted the on-going complexities faced by the maritime industry during the association’s recent annual conference in London. His presentation, titled “When War Risk becomes War Reality,” focused on the aftermath of the Russia-Ukraine war and its implications for vessels trapped in Ukrainian ports. War Risk Insurance Challenges in the Wake of Russia-Ukraine War https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
4. The $10,000 Shipping Container Looms in Latest Trade Strains Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and importers. The $10,000 Shipping Container Looms in Latest Trade Strains https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
5. IMO Members Adopt Resolution Condemning Attacks in Red Sea and Gulf of Aden The International Maritime Organization (IMO), the United Nations agency that oversees global shipping, has called for an immediate end to attacks on ships and sailors passing through the Red Sea and Gulf of Aden. IMO Members Adopt Resolution Condemning Attacks in Red Sea and Gulf of Aden https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
6. EU Weighs Proposal to Sanction Russian Oil Tanker Insurer Ingosstrakh The European Union’s executive arm is examining the feasibility of a proposal by one of its member states to sanction Russia’s Ingosstrakh Insurance Co., as part of efforts to choke revenue generating streams that Moscow needs to finance its war against Ukraine. EU Weighs Proposal to Sanction Russian Oil Tanker Insurer Ingosstrakh https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
7. Asia’s first cruise ship MEO/LEO installation completed It has contracted SES to install and provide communications over the O3b medium earth orbit (MEO) and Starlink low earth orbit (LEO) satellites on a flagship cruise vessel.Resorts World Cruises had this mPower + Starlink Pro solution installed on 2016-built, 335-m Genting Dream as part of its strategy to boost connectivity for guests and crew up to 1.5 Gbps across this 150,695 gt ship. Riviera – News Content Hub – Asia’s first cruise ship MEO/LEO installation completed https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
8. Spanish owner opts for suction sails to save fuel, cut emissions Agreed as part of Marflet’s ongoing decarbonisation strategy, the installation will see four 22-m suction sails installed on the 2022-built, 50,000-dwt oil and chemical tanker Santiago I.With installation set for mid-2025, Marflet will become the first Spanish merchant fleet owner to adopt a wind-assisted propulsion system. Riviera – News Content Hub – Spanish owner opts for suction sails to save fuel, cut emissions https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
9. Shadow fleet tankers shipping dirty fuel in a setback for clean-up efforts The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to cut shipping emissions, according to shipping data and sources.The global shipping industry is under increasing pressure to use cleaner fuel to reduce both carbon and sulphur dioxide emissions and other pollutants and meet broader green targets. Shipping Tribune https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
10. Bulker damaged near Yemen by two missile attacks, security sources say A bulk carrier already taking on water after a Houthi missile attack off the coast of Yemen on Tuesday has reported further damage from a second strike, the United Kingdom Maritime Trade Operations said on Tuesday.Maritime security and shipping sources earlier in day identified vessel as the Marshall Islands-flagged Laax. Shipping Tribune https://splash247.com/singapore-brings-shuttered-terminals-back-online-to-battle-severe-box-congestion/
