1. Lower shipping emissions may lead to higher global temperatures. Products that we depend on and use every day arrive by way of massive container ships to ports around the world. But the maritime shipping industry is also responsible for polluting the air and oceans with sulfur dioxide, which can negatively affect human health, cause ocean acidification, and oxidize to form sulfate aerosols. International shipping lanes have historically accounted for 13% of global anthropogenic sulfur dioxide emissions.
https://cyprusshippingnews.com/2024/09/26/lower-shipping-emissions-may-lead-to-higher-global-temperatures/
https://cyprusshippingnews.com/2024/09/26/lower-shipping-emissions-may-lead-to-higher-global-temperatures/
2. Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData. The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit. This will likely continue in 2024, but the switch towards low-carbon energy is expected to proceed, albeit at a slower pace, says GlobalData, a leading data and analytics company.
https://cyprusshippingnews.com/2024/09/26/oil-and-gas-industry-slows-energy-transition-as-focus-shifts-back-to-fossil-fuels-says-globaldata/
https://cyprusshippingnews.com/2024/09/26/oil-and-gas-industry-slows-energy-transition-as-focus-shifts-back-to-fossil-fuels-says-globaldata/
2. Why is the shipping industry not decarbonising faster? The year 2050 might seem distant, yet in the context of the green transition of global supply chains, the deadline is rapidly approaching. Decisions being made now are ones that will determine the shipping sector’s ability to decarbonize and achieve net-zero emissions by 2050.Global trade is highly dependent on fossil fuels. Indeed, there are container vessels being built today for sailing on fossil fuels for decades to come.
https://cyprusshippingnews.com/2024/09/26/why-is-the-shipping-industry-not-decarbonising-faster/
https://cyprusshippingnews.com/2024/09/26/why-is-the-shipping-industry-not-decarbonising-faster/
3. Marine Medical Solutions advises Vigilance in keeping seafarers safe from infectious diseases. Marine Medical Solutions, a key provider of healthcare services tailored for the maritime industry, urges seafarers and ship operators to be aware of numerous infectious diseases that are in circulation, including an increase in malaria among seafarers operating in West African regions as well as a ship that has been quarantined in Argentina because of Mpox.
https://cyprusshippingnews.com/2024/09/26/marine-medical-solutions-advises-vigilance-in-keeping-seafarers-safe-from-infectious-diseases/
https://cyprusshippingnews.com/2024/09/26/marine-medical-solutions-advises-vigilance-in-keeping-seafarers-safe-from-infectious-diseases/
4. CB Tankers brand for product and chemical tanker fleet. This development follows Lomar’s acquisition of the Bremen-based Carl Büttner Holding GmbH & Co. KG and Carl Büttner Group of companies, in 2022, and the subsequent integration of the 168-year-old shipowning and management company into its existing group operations and structure. The group includes the CB Maritime crewing agency, which provides seafarers for its product and chemical tanker fleet of vessels.
https://cyprusshippingnews.com/2024/09/26/cb-tankers-brand-for-product-and-chemical-tanker-fleet/
https://cyprusshippingnews.com/2024/09/26/cb-tankers-brand-for-product-and-chemical-tanker-fleet/
5. Trafigura Group  announces that Richard Holtum become Chief Executive Officer from 1 January 2025 Jeremy Weir to become Chairman. Trafigura Group  announces that Richard Holtum will become Chief Executive Officer  of Trafigura, effective 1 January 2025 and will join the Trafigura Board of Directors from 1 October 2024.
Jeremy Weir, Executive Chairman and CEO, will step down from his executive responsibilities on 1 January 2025 and will become Chairman of the Trafigura Group.
https://cyprusshippingnews.com/2024/09/26/richard-holtum-become-chief-executive-officer-from-1-january-2025-jeremy-weir-to-become-chairman/
https://cyprusshippingnews.com/2024/09/26/richard-holtum-become-chief-executive-officer-from-1-january-2025-jeremy-weir-to-become-chairman/
6. Maritime CEO Forum: 20 is the new 15 for tankers. Longevity proved to be the overarching theme at this week’s tanker session, which kicked off the Maritime CEO Forum held at the Fullerton Hotel in Singapore.Charterers will need to fix older ships, posited moderator Sam Chambers, the editorial director at Splash in his opening remarks. It seems inevitable, he said, that the modern tanker fleet will shrink much faster than demand over the next five years.
https://splash247.com/maritime-ceo-forum-20-is-the-new-15-for-tankers/
https://splash247.com/maritime-ceo-forum-20-is-the-new-15-for-tankers/
7. Danish-led MSC enters Maersk’s backyard with Aarhus port deal. Terminal Investment Limited (TIL), the ports arm of top liner Mediterranean Shipping Co (MSC), has struck a deal with Denmark’s largest commercial port, Aarhus, to establish a new container terminal. The Swiss-based liner giant, led by the Danish CEO Søren Toft, will move into the port’s Ominterminal area, set to be fully developed by 2027, where TIL will lease about 170,000 sq m for its own facility.
https://splash247.com/danish-led-msc-enters-maersks-backyard-with-aarhus-port-deal/
https://splash247.com/danish-led-msc-enters-maersks-backyard-with-aarhus-port-deal/
8. Shipping Ministry in talks to set up maritime development fund; shipbuilding policy likely in coming weeks: Sonowal. India’s Ministry of Ports, Shipping and Waterways (MoPSW) is in discussions to bring in investors – that will include pension funds, financial institutions, shipping lines and operators and also major ports (state-owned ports) – to set up the proposed ?25,000 crore Maritime Development Fund in its bid to push shipbuilding activities.
https://www.shippingtribune.com/news/shipping/Shipping+Ministry+in+talks+to+set+up+maritime+development+fund%3B+shipbuilding+policy+likely+in+coming+weeks%3A+Sonowal
https://www.shippingtribune.com/news/shipping/Shipping+Ministry+in+talks+to+set+up+maritime+development+fund%3B+shipbuilding+policy+likely+in+coming+weeks%3A+Sonowal
9. First Panamax Containership Sprints Across Arctic Reaching China In Just Three Weeks. The first Arctic transit of a large container ship has gone off without a hitch. The 294 meter-long Panamax vessel Flying Fish 1, traveled from St. Petersburg in the Baltic Sea to China in just over three weeks, shaving around two weeks off a standard voyage via the Suez Canal. It is set to arrive at its destination in Shanghai early on September 26. The vessel is operated by EZ Safetrans Logistics out of Hong Kong.
https://gcaptain.com/first-panamax-containership-sprints-across-arctic-reaching-china-in-just-three-weeks/
https://gcaptain.com/first-panamax-containership-sprints-across-arctic-reaching-china-in-just-three-weeks/
10. South Carolina Ports Reopens New Leatherman Terminal with Weekly Asia Service. South Carolina Ports (SC Ports) celebrated a milestone today with the reopening of new Hugh K. Leatherman Terminal in Charleston. The facility is set to resume operations on Thursday, supporting a major weekly Asia service and bolstering the port’s global connectivity.
https://gcaptain.com/south-carolina-ports-reopens-new-leatherman-terminal-with-weekly-asia-service/
https://gcaptain.com/south-carolina-ports-reopens-new-leatherman-terminal-with-weekly-asia-service/
