Evergreen line declares force majeure on Israel shipment -customer note

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns, according to a customer note. This is one of the first force majeures declared since Hamas Islamists...

https://www.hellenicshippingnews.com/evergreen-line-declares-force-majeure-on-israel-shipment-customer-note/

‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO

The cost of decarbonizing the shipping industry will have a knock-on effect on consumers, according to a CEO in the maritime industry. “There will be an inflationary impact coming from [the] decarbonization of shipping … there is no question of it,” Bertrand Chen, CEO of the Global Shipping...

https://www.hellenicshippingnews.com/no-question-that-the-decarbonization-of-shipping-will-contribute-to-inflation-says-industry-ceo/

Capesize tonne days growth from Brazil to China reaches new high, surpassing last year’s growth

The third week of October witnessed robust Capesize Brazil to China freight rates, as indicated in the chart above. Furthermore, the demand in tonne days exhibited a noteworthy surge in recent days. Nevertheless, the recent uptick in the number of ballasters presents a downward pressure to the...

https://www.hellenicshippingnews.com/capesize-tonne-days-growth-from-brazil-to-china-reaches-new-high-surpassing-last-years-growth/

Shipping needs to take rapid action to achieve 5% zero-emission fuel target by 2030, new report finds

A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window of opportunity will close soon and rapid action is required from...

https://www.hellenicshippingnews.com/shipping-needs-to-take-rapid-action-to-achieve-5-zero-emission-fuel-target-by-2030-new-report-finds/

Kongsberg delivers 23% CO2 emissions cut for Norwegian coastal ship operator

Kongsberg Maritime has delivered a 23% cut in CO2 emissions on the 121-metre passenger vessel MS Richard With, owned by Hurtigruten, a coastal ship operator and adventure travel company. The vessel finished an extensive refit last summer using Kongsberg Maritime engineering and technology and has...

https://www.hellenicshippingnews.com/kongsberg-delivers-23-co2-emissions-cut-for-norwegian-coastal-ship-operator/

Update of ReCAAP ISC Advisory – Abduction of Crew from Ships in Sulu-Celebes Seas

The ReCAAP ISC was extremely concerned with the large-scale increase in incidents of abduction of crew for ransom situation in the Sulu-Celebes Seas and waters off Eastern Sabah since March 2016. On 21 Nov 2016, the Centre published an Incident Alert titled Increasing Cases of Abduction of Crew for...

https://www.hellenicshippingnews.com/update-of-recaap-isc-advisory-abduction-of-crew-from-ships-in-sulu-celebes-seas/

Tototheo Maritime celebrates a standout presence at Maritime Cyprus 2023

Tototheo Maritime, a leading provider of innovative communication and maritime technology services, has made an indelible mark at the recently concluded “Maritime Cyprus 2023” event. A series of powerful product displays, interactive sessions, and influential panel participation underlined the...

https://www.hellenicshippingnews.com/tototheo-maritime-celebrates-a-standout-presence-at-maritime-cyprus-2023/

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