1. Port of Piraeus strong presence at the 7th China International Import Expo CIIE in Shanghai. Once again, Piraeus Port Authority made a notable impact at the 7th China International Import Expo (CIIE) 2024 in Shanghai, from November 5 to 10, reinforcing its strategic importance as a bridge of cooperation between West and East.
https://cyprusshippingnews.com/2024/11/19/port-of-piraeus-strong-presence-at-the-7th-china-international-import-expo-ciie-in-shanghai/
https://cyprusshippingnews.com/2024/11/19/port-of-piraeus-strong-presence-at-the-7th-china-international-import-expo-ciie-in-shanghai/
2. Alternative fuels: the key to lowering shipping emissions. In recent years, disruption to Red Sea shipping routes and global sanctions have forced ships to take longer routes, increasing emissions in the first half of 2024 by six per cent compared to the previous year.Already responsible for around three per cent of global greenhouse gas emissions, projections indicate emissions could surge to 130 per cent of their 2008 levels by 2050.3 This has prompted the International Maritime Organization (IMO) to set ambitious targets to significantly reduce emissions by 2030 and even further in 2040, while ultimately aiming for net zero emissions by or around 2050.4
https://cyprusshippingnews.com/2024/11/19/alternative-fuels-the-key-to-lowering-shipping-emissions/
https://cyprusshippingnews.com/2024/11/19/alternative-fuels-the-key-to-lowering-shipping-emissions/
3. TT Club dedicated safety advocate celebrates 40-year career. TT Club’s celebrated advocate to the cause of risk mitigation and safety in the freight industry, Peregrine Storrs-Fox has stepped down as the mutual’s Risk Management Director and now takes on a consultancy role to further offer his expertise to TT’s membership and the industry at large.
https://cyprusshippingnews.com/2024/11/19/tt-club-dedicated-safety-advocate-celebrates-40-year-career/
https://cyprusshippingnews.com/2024/11/19/tt-club-dedicated-safety-advocate-celebrates-40-year-career/
4. Associated British Ports hosts the first industry led Maritime and Transport Careers Day. Associated British Ports welcomed over 200 students to its Ocean Cruise Terminal to introduce them to careers in the maritime and transport sector.
The event brought together Maritime and Transport organisations to showcase career opportunities and apprenticeship programmes. Maritime and Transport Careers Programme managed the event after identifying a skills gap in the sector. Twenty schools from across the Solent including Portsmouth, Southampton, and the New Forest attended the event.
https://cyprusshippingnews.com/2024/11/19/associated-british-ports-abp-hosts-the-first-industry-led-maritime-and-transport-careers-day/
https://cyprusshippingnews.com/2024/11/19/associated-british-ports-abp-hosts-the-first-industry-led-maritime-and-transport-careers-day/
5. Strategic partnership for HHLA’s further development close to conclusion. Hamburger Hafen und Logistik Aktiengesellschaft will continue to be majority-owned by the City of Hamburg and will be further developed together with the new major shareholder Mediterranean Shipping Company, the world’s largest container shipping company. Following the approval of the Hamburg parliament and the EU Commission, all closing conditions have now been met with the approval of the Ukrainian merger control authority.
https://cyprusshippingnews.com/2024/11/19/strategic-partnership-for-hhlas-further-development-close-to-conclusion/
https://cyprusshippingnews.com/2024/11/19/strategic-partnership-for-hhlas-further-development-close-to-conclusion/
6. CDB Leasing offloads kamsarmax trio at auction. CDB Leasing has been tied to a triple kamsarmax bulker sale through an auction.
Multiple brokers report the Hong Kong-listed leasing unit of China Development Bank has offloaded the 2015-built CL Rizhao and the 2016-built CL Singapore and CL Tianjing for around $68.5m.
https://splash247.com/cdb-leasing-offloads-kamsarmax-trio-at-auction/
https://splash247.com/cdb-leasing-offloads-kamsarmax-trio-at-auction/
7. Keppel takes control of 13 legacy rigs amid hot offshore market conditions. Singapore conglomerate Keppel has taken control of the 13 legacy rigs held by Rigco Holding at a time of improved conditions in the offshore rig market.Keppel currently holds a 10% equity stake in Rigco, S$139m ($103.8m) in perpetual securities and approximately S$4.3bn ($3.2bn) in vendor notes.
https://splash247.com/keppel-takes-control-of-13-legacy-rigs-amid-hot-offshore-market-conditions/
https://splash247.com/keppel-takes-control-of-13-legacy-rigs-amid-hot-offshore-market-conditions/
8. Monte Nero adds to product tanker orderbook in China. Athens-based owner Monte Nero Maritime has been linked to an order for up to four MR2 product tanker newbuilds at Chinese repair and retrofit yard COSCO Shipping Heavy Industries (Guangdong).
https://splash247.com/monte-nero-adds-to-product-tanker-orderbook-in-china/
https://splash247.com/monte-nero-adds-to-product-tanker-orderbook-in-china/
9. Germany Says Damage to Baltic Underwater Cables Should be Presumed Sabotage. The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania’s armed forces boosted surveillance of its waters in response.
https://gcaptain.com/germany-says-damage-to-baltic-underwater-cables-should-be-presumed-sabotage/
https://gcaptain.com/germany-says-damage-to-baltic-underwater-cables-should-be-presumed-sabotage/
10. Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary. President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the transportation and maritime industries.
https://gcaptain.com/trump-taps-fox-host-and-former-congressman-sean-duffy-for-transportation-secretary/
https://gcaptain.com/trump-taps-fox-host-and-former-congressman-sean-duffy-for-transportation-secretary/
