1. West, East Med LNG markets compete for cargo volumes amid heat waves. East Mediterranean LNG prices hit a near two-month high July 25 compared with those seen in the West Med as heat waves across both regions pushed buyers to bid higher, pulling cargoes away from Northwest Europe and Asia, sources said.
https://cyprusshippingnews.com/2024/07/31/west-east-med-lng-markets-compete-for-cargo-volumes-amid-heat-waves/
https://cyprusshippingnews.com/2024/07/31/west-east-med-lng-markets-compete-for-cargo-volumes-amid-heat-waves/
2. A visionary at the helm: Despina Panayiotou Theodosiou’s transformative leadership. In the dynamic world of business, where innovation and adaptability are paramount, few individuals embody these qualities as profoundly as Despina Panayiotou Theodosiou. Her journey, marked by unwavering determination, a passion for technology, and an unyielding commitment to progress, has propelled her to the forefront of the maritime and technology sectors.
https://cyprusshippingnews.com/2024/07/31/a-visionary-at-the-helm-despina-panayiotou-theodosious-transformative-leadership/
https://cyprusshippingnews.com/2024/07/31/a-visionary-at-the-helm-despina-panayiotou-theodosious-transformative-leadership/
3. Eurogate support supports Ride To Green campaign. Εurogate Container Terminal Limassol, the operator of the container terminal at Limassol port, takes part in the Ride to Green campaign, which aims to promote the use of bicycles for moving within the city of Limassol and at the same time increase green cover in the wider region.
https://cyprusshippingnews.com/2024/07/31/eurogate-support-supports-ride-to-green-campaign/
https://cyprusshippingnews.com/2024/07/31/eurogate-support-supports-ride-to-green-campaign/
4. US Department of Labor investigation leads Maersk to change reporting policy for employees. As part of a settlement with the U.S. Department of Labor, Maersk Line Limited will change its safety reporting policies and compensate a seaman the company terminated after they reported safety concerns to the U.S. Coast Guard without first notifying their employer.
https://cyprusshippingnews.com/2024/07/31/us-department-of-labor-investigation-leads-maersk-to-change-reporting-policy-for-employees/
https://cyprusshippingnews.com/2024/07/31/us-department-of-labor-investigation-leads-maersk-to-change-reporting-policy-for-employees/
5. General cargo vessel Eems Traveller ready to set sail today with two suction eSAILs. The eSAIL system, categorized as a suction sail, is based on the use of a thick aerodynamic profile and smart suction to increase the propulsive efficiency, resulting in a system that produces seven times more lift than an airplane wing.
https://cyprusshippingnews.com/2024/07/31/general-cargo-vessel-eems-traveller-ready-to-set-sail-today-with-two-suction-esails/
https://cyprusshippingnews.com/2024/07/31/general-cargo-vessel-eems-traveller-ready-to-set-sail-today-with-two-suction-esails/
6. Asian yards struggling to keep up with busy production schedule. Production bottlenecks are emerging at major shipbuilding bases in Asia as the sector battles its way through record long orderbooks. The lead story in the July issue of Splash Extra identifies issues including labour, engines, steel processing, and coating capacity all putting a strain on immensely busy production schedules at yards across East Asia.
https://splash247.com/asian-yards-struggling-to-keep-up-with-busy-production-schedule/
https://splash247.com/asian-yards-struggling-to-keep-up-with-busy-production-schedule/
7. South Korea’s top yards brace for mass strikes. As they battle record orderbooks, South Korea’s top three shipbuilders are having to contend with the prospect of a massive series of strikes next month. Unionised workers at HD Hyundai, Hanwha Ocean and Samsung Heavy Industries – three of the largest shipbuilders in the world – have all voted to down tools in August with top management at the yards failing to come to an agreement over pay packages.
https://splash247.com/south-koreas-top-yards-brace-for-mass-strikes/
https://splash247.com/south-koreas-top-yards-brace-for-mass-strikes/
8. Malaysia provides details on this month’s big tanker collision. More details have emerged on the collision and a dramatic fire involving two tankers near Singapore earlier this month as the ships remain detained in Malaysian waters for further investigation.
https://splash247.com/malaysia-provides-details-on-this-months-big-tanker-collision/
https://splash247.com/malaysia-provides-details-on-this-months-big-tanker-collision/
9. Panama Canal Looks to Boost Transits in September as Rains Come Early. The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34 beginning in September, the canal’s deputy administrator said, as rains allow authorities to ease drought-imposed restrictions.
https://gcaptain.com/panama-canal-looks-to-boost-transits-in-september-as-rains-come-early/
https://gcaptain.com/panama-canal-looks-to-boost-transits-in-september-as-rains-come-early/
10. Coastal Clean-Up Efforts Intensify After Shipwreck on South Africa’s West Coast. Coastal clean-up operations are intensifying on South Africa’s west coast following an oil spill caused by the break-up of the grounded cargo ship, MV Ultra Galaxy.The South African Maritime Safety Authority (SAMSA) on Sunday confirmed that the vessel had broken into four sections due to massive waves from a recent cold front, resulting in the rupture of at least one fuel tank and causing an oil spill that has impacted nearby beaches.
https://gcaptain.com/coastal-clean-up-efforts-intensify-after-shipwreck-on-south-africas-west-coast/
https://gcaptain.com/coastal-clean-up-efforts-intensify-after-shipwreck-on-south-africas-west-coast/