1. ‘CV Platform’ and ‘Adopt a Ship™’ gateways leading to maritime professions through Project Connect™, participate in Posidonia 2024 The educational program Adopt a Ship™ managed in Greece by NPO Project Connect™, aims to preserve traditional seamanship, a valuable heritage for Greeks since ancient times, and to pass it on to new generations. ‘CV Platform’ and ‘Adopt a Ship™’ gateways leading to maritime professions through Project Connect™, participate in Posidonia 2024 – Cyprus Shipping News
2. Tototheo Global launches, expanding horizons beyond maritime Tototheo Maritime, a group of companies at the forefront of maritime satellite communication technologies, proudly announces its strategic rebranding to Tototheo Global. This significant milestone marks Tototheo’s evolution to a global leader in technology solutions. Tototheo Global is now set to deliver comprehensive, innovative services across multiple sectors, including land, sea, and air, with a strong emphasis on connectivity, IoT, AI-driven analytics, and custom software development. Tototheo Global launches, expanding horizons beyond maritime – Cyprus Shipping News
3. Cyprus scraps $1.2 billion port concession, claiming contract breach Cyprus has scrapped a 1.2 billion euro ($1.30 billion) concession agreement for the development of Larnaca port, claiming on Monday the operator awarded the project in 2020 was in breach of contract.Operator Kition Ocean Holdings, which held a long-term lease to develop and operate both a yachting marina and a commercial port in the southern port town, did not immediately respond to a request for comment. Cyprus scraps $1.2 billion port concession, claiming contract breach – Cyprus Shipping News
4. Fuel Cell Technologies and Applications for Deep-Sea Shipping Decarbonisation of the shipping industry is a complex task. Given this complexity, it is important to ensure that all options that can contribute are adequately considered and assessed. While alternative fuels for shipping are a major area of research and development, this report puts the spotlight on fuel cells as an alternative fuel conversion technology of potential interest to the shipping industry. Fuel Cell Technologies and Applications for Deep-Sea Shipping – Cyprus Shipping News
5. EU approves law to hit gas imports with methane emissions limit European Union countries approved a law on Monday to impose methane emissions limits on Europe’s oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas. EU approves law to hit gas imports with methane emissions limit – Cyprus Shipping News
6. Cyan Renewables partners with South Korean CTV player DRS KWP Singapore-based offshore wind vessel player Cyan Renewables has partnered up with South Korean crew transfer vessel operator DRS KWP for future offshore wind operations and maintenance tenders in the country. Cyan Renewables partners with South Korean CTV player DRS KWP – Splash24
7. Yinson Production issues over $1bn in notes to refinance FPSO Anna Nery Singapore-based Yinson Production has announced a successful pricing of $1.035bn in senior secured notes issued by Yinson Boronia Production, the owner and operator of the FPSO Anna Nery. Yinson Production issues over $1bn in notes to refinance FPSO Anna Nery – Splash247
8. Ukraine gets plugged back into the global container trades Ukraine is being plugged back into the global container trades. After more than 800 days since Russia embarked on its full-scale invasion of its neighbour, global carriers are making a return to Ukraine, even as the nation’s ports remain under attack. Ukraine gets plugged back into the global container trades – Splash247
9. Tankers Sit Offshore UK in Sign of Weak Demand Three tankers carrying North Sea Forties crude have been floating off European shores for more than two weeks without discharge, a sign of weakening demand from refineries in Europe and Asia. Tankers Sit Offshore UK in Sign of Weak Demand
10. Gram Car Carriers Agrees to $700 Million Acquisition by MSC Subsidiary Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping line. Gram Car Carriers Agrees to $700 Million Acquisition by MSC Subsidiary
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