1. Cyprus Shipping Chamber Blood Donations: Over 3400 units of blood in 31 years of contribution. The Cyprus Shipping Chamber, with the voluntary participation of employees of its Shipping Member-companies, organised its Annual Blood Donation Drive on 4 December, in Limassol, in memory of its former Secretariat member, Ben Casey, who passed away in December 2021.
https://cyprusshippingnews.com/2024/12/06/cyprus-shipping-chamber-blood-donations-over-3400-units-of-blood-in-31-years-of-contribution/
https://cyprusshippingnews.com/2024/12/06/cyprus-shipping-chamber-blood-donations-over-3400-units-of-blood-in-31-years-of-contribution/
2. Navios Partners held the naming ceremony of two 7,700 TEU LNG dual fuel Containerships. On November 21, 2024, Navios Partners held the naming ceremony of two 7,700 TEU LNG dual fuel Containerships, the HMM Ocean and the HMM Sky. The ceremony took place in HJ Shipbuilding & Construction yard in Busan.
https://cyprusshippingnews.com/2024/12/06/navios-partners-held-the-naming-ceremony-of-two-7700-teu-lng-dual-fuel-containerships/
https://cyprusshippingnews.com/2024/12/06/navios-partners-held-the-naming-ceremony-of-two-7700-teu-lng-dual-fuel-containerships/
3. A sea-change for seafarers as the shipping industry gears up to decarbonise. Shipping is responsible for 3% of global emissions, and vital to the world’s economy, transporting 90% of global trade, so it is imperative that the sector decarbonises as quickly as possible.
https://cyprusshippingnews.com/2024/12/06/a-sea-change-for-seafarers-as-the-shipping-industry-gears-up-to-decarbonise/
https://cyprusshippingnews.com/2024/12/06/a-sea-change-for-seafarers-as-the-shipping-industry-gears-up-to-decarbonise/
4. Pay attention to bunker declarations before entering Turkish ports. Over the years, our Turkish correspondents have warned vessel operators that customs officers may unexpectedly and randomly show up to inspect vessels in Turkish ports, particularly looking for discrepancies between declared bunker quantities and the measurements taken by the attending officers. Our article “Turkey – a case of undeclared bunkers” describes a Gard Member’s own experience back in 2020.
https://cyprusshippingnews.com/2024/12/06/pay-attention-to-bunker-declarations-before-entering-turkish-ports/
https://cyprusshippingnews.com/2024/12/06/pay-attention-to-bunker-declarations-before-entering-turkish-ports/
5. DryDel enters the Capesize Sector. Drydel announced the official entry into the Capesize sector with the order of two sister vessels of 182,000 dwt from Namura Shipbuilding in Japan, scheduled for delivery within 2028.
This expansion provides DryDel with the following advantages:
– Top-performing, scrubber-fitted Capes
– Taking advantage of a historically low Cape orderbook
– Diversification into a larger-size drybulk sector.
https://cyprusshippingnews.com/2024/12/06/drydel-enters-the-capesize-sector/
https://cyprusshippingnews.com/2024/12/06/drydel-enters-the-capesize-sector/
6. Höegh Autoliners secures new five-year car shipping deal. Norwegian car carrier player Höegh Autoliners has inked a new five-year contract for the transport of a significant volume of cars.The client was not revealed but was described as a ‘major international car producer’. The transport of the vehicles, according to the company, will be done in two of its core trade lanes and begin on January 1, 2025. No financial details were revealed but the company only announces contracts worth over $100m.
https://splash247.com/hoegh-autoliners-secures-new-five-year-car-shipping-deal/
https://splash247.com/hoegh-autoliners-secures-new-five-year-car-shipping-deal/
7. Shadow VLCCs lined up for demolition. Changes are afoot in the Iranian-linked VLCC fleet with just over six weeks until Donald Trump is sworn in as the 47th president of the US. Splash reported on further sanctions aimed at Iran’s tanker fleet earlier this week, as well as news that China has started to ease imports of Iranian oil. Now broker Braemar is reporting two shadow fleet VLCCs are being pushed in the market for demolition. If they are scrapped they will be the first VLCCs to go to the breakers since 2022.
https://splash247.com/shadow-vlccs-lined-up-for-demolition/
https://splash247.com/shadow-vlccs-lined-up-for-demolition/
8. Global trade set to hit record $33trn this year. Global trade is on track to hit a record $33trn in 2024, according to the latest data from UNCTAD, the United Nations’ trade body.
This 3.3% annual growth has been driven largely by a 7% rise in trade in services, contributing $500bn to the overall expansion. Trade in goods has grown at a slower 2% this year, remaining below its 2022 peak.
https://splash247.com/global-trade-set-to-hit-record-33trn-this-year/
https://splash247.com/global-trade-set-to-hit-record-33trn-this-year/
9. US Judge Upholds Naval Academy’s Race-Conscious Admissions Policies. A federal judge on Friday ruled that the U.S. Naval Academy may continue to consider race when evaluating candidates to attend the elite military school, even after the U.S. Supreme Court last year barred civilian colleges from employing similar affirmative action policies.
https://gcaptain.com/us-judge-upholds-naval-academys-race-conscious-admissions-policies/
https://gcaptain.com/us-judge-upholds-naval-academys-race-conscious-admissions-policies/
10. Dominican Republic Port Seizes Record 9.5 Tons Of Cocaine. The Dominican Republic on Friday reported its largest ever cocaine seizure, saying it found some 9.5 metric tons of cocaine hidden in a banana shipment that arrived at a port in Santo Domingo, the capital.
https://gcaptain.com/dominican-republic-port-seizes-record-9-5-tons-of-cocaine/
https://gcaptain.com/dominican-republic-port-seizes-record-9-5-tons-of-cocaine/