1. Sebastian von Hardenberg appointed as new CEO of BSM. Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSM’s Chief Financial Officer Sebastian von Hardenberg.
Beveridge will remain CEO of the Schulte Group. He will also continue to support BSM as Chairman of the BSM board, contributing his extensive experience and strategic acumen to further the development of the ship management entity.
https://cyprusshippingnews.com/2024/12/19/sebastian-von-hardenberg-appointed-as-new-ceo-of-bsm/
https://cyprusshippingnews.com/2024/12/19/sebastian-von-hardenberg-appointed-as-new-ceo-of-bsm/
2. LR risk sharing key component to viable emissions reduction. Shipping must be open to sharing the risks associated with emissions reduction to enable the uptake of energy savings devices and technologies (ESDs/ESTs) and digital applications. The responsibility of investing in and driving the uptake of new solutions must be borne by all relevant stakeholders and not sit solely with the shipowner.
https://cyprusshippingnews.com/2024/12/19/lr-risk-sharing-key-component-to-viable-emissions-reduction/
https://cyprusshippingnews.com/2024/12/19/lr-risk-sharing-key-component-to-viable-emissions-reduction/
3. Jamaica’s IMO membership is critical for Caribbean States. Jamaica’s membership of the International Maritime Organization (IMO) is “critical to ensuring the interests of member States of the Caribbean, as well as other Small Island Developing States and Least Developed States, continue to be adequately represented”, the Jamaica High Commissioner said as Jamaica began its campaign for re-election in 2025.
https://cyprusshippingnews.com/2024/12/19/jamaicas-imo-membership-is-critical-for-caribbean-states/
https://cyprusshippingnews.com/2024/12/19/jamaicas-imo-membership-is-critical-for-caribbean-states/
4. Maritime Security Managing risks associated with stowaways and rescued people at sea. Stowaways are an ongoing issue for the security of ships and the safety of crew members, as well as incurring substantial associated costs for shipowners and insurers. Worldwide, information about stowaways is incomplete and incidents are under-recorded, but the financial cost per incident is known to be rising, costing the industry millions of US dollars every year. In recent years, increasing global migration by sea has meant that encountering people in difficulty in small or overcrowded boats has become more likely for seafarers in many parts of the world.
https://cyprusshippingnews.com/2024/12/19/maritime-security-managing-risks-associated-with-stowaways-and-rescued-people-at-sea/
https://cyprusshippingnews.com/2024/12/19/maritime-security-managing-risks-associated-with-stowaways-and-rescued-people-at-sea/
5. Oil washes up along Black Sea coastline following triple tanker casualties. Oil has washed up along the shorelines around the Kerch Strait following a series of tanker disasters involving ancient Russian tankers in recent days.
Footage posted on social media showed birds along the shoreline covered in mazut on Monday, after 3,700 tonnes of the heavy, low-quality oil product spilled into the strait linking the Sea of Azov to the Black Sea. More oil is expected to wash up along the coastline in the days ahead.
https://splash247.com/oil-washes-up-along-black-sea-coastline-following-triple-tanker-casualties/
https://splash247.com/oil-washes-up-along-black-sea-coastline-following-triple-tanker-casualties/
6. UK keeps up sanctions pressure on Russian tankers. The UK continues to lead the world in the tanker sanctions campaign levelled at Russia. Prime minister Keir Starmer revealed another 20 tankers have been added to the UK sanctions list yesterday while confirming news carried by Splash on Tuesday that the UK has teamed up with a number of north European neighbours to challenge the insurance coverage of vessels heading from Russia through the Baltic and along the English Channel.
https://splash247.com/uk-keeps-up-sanctions-pressure-on-russian-tankers/
https://splash247.com/uk-keeps-up-sanctions-pressure-on-russian-tankers/
7. Nike supports CMA CGM’s new electric barge service in Vietnam. CMA CGM will deploy a 100% electric barge from 2026 powered by green electricity, alongside dedicated charging infrastructure supported by a new solar farm at its partially owned Gemalink Terminal in Cai Mep.
https://splash247.com/nike-supports-cma-cgms-new-electric-barge-service-in-vietnam/
https://splash247.com/nike-supports-cma-cgms-new-electric-barge-service-in-vietnam/
8. Port of Long Beach on Track to Smash Cargo Record in 2024. The Port of Long Beach is poised to shatter its annual cargo record in 2024, projecting 9.6 million TEUs (Twenty-foot Equivalent Units) by year’s end.
This achievement would eclipse the previous record of 9.3 TEUs set during the height of the COVID-19 surge in 2021.
https://gcaptain.com/port-of-long-beach-on-track-to-smash-cargo-record-in-2024/
https://gcaptain.com/port-of-long-beach-on-track-to-smash-cargo-record-in-2024/
9. FuelEU Maritime Countdown: Industry Braces for 2025 Green Fuel Mandate. On January 1, 2025, the European Union’s FuelEU Maritime regulation will officially take effect, ushering in a new era for emissions compliance in the shipping industry. Targeting vessels over 5,000 gross tons calling at EU ports, the regulation mandates a phased reduction in greenhouse gas (GHG) intensity from marine fuels. Starting with a 2% reduction in 2025, the targets escalate to an ambitious 80% by 2050.
https://gcaptain.com/fueleu-maritime-countdown-industry-braces-for-2025-green-fuel-mandate/
https://gcaptain.com/fueleu-maritime-countdown-industry-braces-for-2025-green-fuel-mandate/
10. China Dominates Global Containership Construction as Korean Shipyards Face Decline. Chinese shipyards have solidified their dominance in the construction of containerships, commanding an impressive 68.5% of the global boxship orderbook capacity, according to Alphaliner.
This transformation marks a dramatic reversal from historical norms, with South Korea, the former industry leader, now holding just 23.3% of the market.
https://gcaptain.com/china-dominates-global-containership-construction-as-korean-shipyards-face-decline/
https://gcaptain.com/china-dominates-global-containership-construction-as-korean-shipyards-face-decline/