1. Ship detained in Ceuta over bunker spill. A 31-year-old general cargo ship run by Germany’s NautiCore Shipping has been detained in the Spanish enclave of Ceuta on the North African coastline over a bunker spill.
2. Spyros Polemis passes away. One of the great names in shipowning, Spyros Polemis, passed away on July 21.The Greek owner, who ran Seacrest Shipping, served as chairman of the International Chamber of Shipping (ICS) from 2006 to 2012 and had a long history of leadership within the shipping industry.
https://splash247.com/spyros-polemis-passes-away/
3. Asyad buys Skybridge Freight Solutions. Oman’s logistics giant Asyad Group has acquired Skybridge Freight Solutions (SFS), a significant international expansion for the state-controlled firm.
4. Valaris Secures $498 Million Contract with Equinor for Offshore Brazil Project. Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its ultra-deepwater drillship VALARIS DS-17.
5. FMC Finalizes Rule for Assessing Ocean Carriers’ Denial of Cargo Space. The U.S. Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the nation’s international ocean transportation system, has published its final rule defining what constitutes an “unreasonable refusal to deal or negotiate with respect to vessel space accommodations.”
https://gcaptain.com/federal-maritime-commission-finalizes-rule-on-unreasonable-refusal-to-deal/
6. Trafigura Group Expands High Heat Tanker Fleet. The Trafigura Group has successfully acquired Gearbulk’s 50 percent share in the joint venture company High Heat Tankers (HHT).
7. Shipping’s Carbon Emissions Soar as Houthi Attacks Fuel Longer Voyages. The 6% increase from a year earlier — equal to the annual amount spewed out by six coal-fired power plants — pushed the industry’s emissions to about 450 million tons, according to data from Marine Benchmark, which uses ship-tracking data to calculate the figures. The jump was biggest among container vessels, which emitted roughly 15% more over the period.
https://gcaptain.com/shippings-carbon-emissions-soar-as-houthi-attacks-fuel-longer-voyages/
8. Singapore prices decline across all grades over the weekend. Singapore price changes on the day from Friday, to 12.00 SGT (04.00 GMT) today:
VLSFO price down $8/mt to $611/mt
LSMGO price down $8/mt to $727/mt
HSFO price down $12/mt to $508/mt
Recent trends:
VLSFO declines some over the weekend
LSMGO loses some ground over the weekend