Høglund to supply integrated automation and hybrid systems for Finland’s [email protected] Shipping new builds

Høglund to supply integrated automation and hybrid systems for Finland’s [email protected] Shipping new builds

Six 5350-dwt 1A ice class hybrid bulk vessels will be built at Chowgule Shipyard in India, reducing carbon emissions per unit of cargo by 50% with hybrid solutions

Tonsberg, Norway, 25 January 2022: Automation, energy, and systems integration specialist Høglund has announced today that it has been commissioned to supply advanced hybrid and automation systems to six hybrid bulk vessels, with...

https://allaboutshipping.co.uk/2022/01/25/hoglund-to-supply-integrated-automation-and-hybrid-systems-for-finlands-atobc-shipping-new-builds/

Stakeholders must take digital cash lead as regulation beckons

Stakeholders must take digital cash lead as regulation beckons

Tuesday 25 January 2022 – Vol.13 Ed.4.2

Commentary: CBDC must preserve defining features of physical money

By Andrew Slack in London

Physical cash is the only form of privacy-preserving currency that is accessible to all today. As sovereign issuers around the world contemplate the introduction of retail CBDC, stakeholders face a once-in-a-lifetime opportunity to steward this evolution. Digital cash should not only embody the fundamental...

https://allaboutshipping.co.uk/2022/01/25/stakeholders-must-take-digital-cash-lead-as-regulation-beckons/

Ukraine conflict concerns, inflation worries and covid woes hang over financial markets

Ukraine conflict concerns, inflation worries and covid woes hang over financial markets

Monday 24 January 2022 – Vol.13 Ed.4.1

Commentary: Outlook 2022: can the Fed avoid addressing wealth inequality?

By Freya Beamish in London

In 2022, the Federal Reserve must begin normalisation and re-align policy with fast wage growth. The first hike is likely to come in March, with quantitative tightening now part of the mix too. Inflation anxiety will remain heightened, while the Fed’s December meeting...

https://allaboutshipping.co.uk/2022/01/24/ukraine-conflict-concerns-inflation-worries-and-covid-woes-hang-over-financial-markets/

Year of Hobson’s choice: UK recession is inevitable, January FOMC critical opportunity for Fed, and more

Year of Hobson’s choice: UK recession is inevitable, January FOMC critical opportunity for Fed, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

17-21 January 2022, Vol.13 Ed.3

Most-Read Commentary

Year of Hobson’s choice:

UK recession is inevitable: For UK economic policy-makers, 2022 will be the year of Hobson’s choice. Out of apparently multiple possibilities of actions, only one is actually available. Boris Johnson’s luckless-looking government may run into a...

https://allaboutshipping.co.uk/2022/01/22/year-of-hobsons-choice-uk-recession-is-inevitable-january-fomc-critical-opportunity-for-fed-and-more/

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors

ATHENS, GREECE, January 21, 2022 – Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors (the “Board”) has scheduled the Company’s 2022 annual general meeting of shareholders (the “2022 AGM”) for February 28, 2022. The Board has set a...

https://allaboutshipping.co.uk/2022/01/21/performance-shipping-inc-announces-date-for-its-2022-annual-general-meeting-of-shareholders-and-proposed-changes-to-board-of-directors/

Women supporting women is crucial

Women supporting women is crucial

Maria Themeli

Maria Themeli* is an all-rounder: entrepreneur, writer and active in politics through local government. Following a long, successful career in banking, she now runs her own strategic communications company and her vision is to inspire women to pursue the future they deserve.

By Katerina Vallogianni of Women Leaders magazine

Maria Themeli has a background in corporate communications. She served as Divisional Manager, Corporate Affairs and Marketing,...

https://allaboutshipping.co.uk/2022/01/21/women-supporting-women-is-crucial/

OceanPal Inc. Announces Pricing of Approximately US$12.5 Million Underwritten Public Offering

OceanPal Inc. Announces Pricing of Approximately US$12.5 Million Underwritten Public Offering

ATHENS, GREECE, January 20, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today the pricing of an underwritten public offering consisting of 15,571,429 units at a price of US$0.77 per unit, each unit consisting of one share of common stock (or one pre-funded warrant in lieu of one share of common stock) and one Class A...

https://allaboutshipping.co.uk/2022/01/21/oceanpal-inc-announces-pricing-of-approximately-us12-5-million-underwritten-public-offering/

December retail sales: Omicron’s arrival rudely interrupted high street recovery

December retail sales: Omicron’s arrival rudely interrupted high street recovery

Susannah Streeter

December retail sales: Omicron’s arrival rudely interrupted high street recovery

  • Retail sales volumes fell by 3.7% in December 2021.
  • Non-food stores sales volumes fell by 7.1% in December 2021,;as the Omicron variant had an impact on retail footfall.
  • Automotive fuel sales volumes fell by 4.7% in December 2021 as increased home working in December 2021 reduced travel.
  • Food store sales volumes fell by...

https://allaboutshipping.co.uk/2022/01/21/december-retail-sales-omicrons-arrival-rudely-interrupted-high-street-recovery/

2022 market outlook from leading shipbroker Simpson Spence Young

2022 market outlook from leading shipbroker Simpson Spence Young 

After a volatile 2021, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2022 Outlook Report. This comprehensive analysis looks at various drivers of shipping markets, including how developing emissions regulations may affect the state of play. 

Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas...

https://allaboutshipping.co.uk/2022/01/21/2022-market-outlook-from-leading-shipbroker-simpson-spence-young/

Financial institutions must act on climate promises in 2022

Financial institutions must act on climate promises in 2022

Friday 21 January 2022 – Vol.13 Ed.3.5

Commentary: Outlook 2022: 10 climate promises the financial sector must keep

By Nick Robins and Danae Kyriakopoulou

COP26 left the world a few steps closer to a sustainable financial system, and decarbonisation pledges are becoming more common in private finance. Still, fundamental financial inadequacies need to be fixed urgently. To earn and maintain trust, players across the system must use 2022 as...

https://allaboutshipping.co.uk/2022/01/21/financial-institutions-must-act-on-climate-promises-in-2022/

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