Daily Briefing April 21 2021
Free to read: Shipping added to new UK emissions targets | Cyprus launches debate on long-term maritime strategy | Skilled crews are key to shipping’s decarbonisation aims, says Synergy chief
Good morning. Here’s our quick view of everything you need to know today.
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The UK is to include international shipping in its new national emissions reduction targets.
Cyprus has launched an open consultation exercise with the aim of forging a long-term strategic vision for its shipping industry.
Digitalisation of the global supply chain has accelerated, encouraged by an uptick in e-commerce amid the global pandemic.
Ports can play a pivotal role in the decarbonisation of shipping by using their position in the industrial and energy supply chains to encourage the transition to green energy.
Five of the 13 members of the International Group saw a decline in owned entered tonnage at this year’s renewal round, despite the added release call costs of changing P&I club, according to analysis produced by Marsh JLT Specialty.
Shipbrokers Simpson Spence Young Futures said it has completed the first new handysize forward freight agreement contracts based on a 38,000 dwt vessel.
Two members of the crew of Ever Given (IMO: 9811000), the boxship whose grounding caused a six-day shutdown of the Suez Canal last month, have been allowed to leave the arrested ship by way of a humanitarian gesture.
Norden, a Danish shipowner and operator, said it has carried out a number of asset trades in recent weeks to capitalise on market opportunities.
A scorching containership market that has pushed vessel prices higher appears to have tempted Capital Product Partners into selling two neo-panamax ships for $195m to an unidentified buyer.
Standard Chartered has joined the Poseidon Principles initiative, which aims to align lenders’ shipping portfolios to climate goals.
The US has expressed “deep concern” over Russia’s plans to block “foreign naval ships and state vessels” in parts of the Black Sea, including near Crimea and the Kerch Strait.