Daily Briefing February 25 2021
Free to read: Skuld joins Gard among big winners from renewal round | Israel oil-spill ship shortlist narrows | Unions call for all seafarers to be vaccinated
Good morning. Here’s our quick view of everything you need to know today.
The Lloyd’s List Daily Briefing is brought to you by the Lloyd’s List News Desk.
What to watch | Analysis | Markets | In other news
What to watch
Skuld has joined fellow Norwegians Gard among the winners at this year’s P&I renewal round, with entered mutual tonnage growing 5.5% to 101m gt.
Agencies have identified the time and location of the oil spill likely responsible for dumping as much as 1,000 tonnes of bunker fuel on Israel’s beaches, leading to widespread closures.
Unions have called for the worldwide vaccination of seafarers amid concerns they will miss out on coronavirus jabs.
Analysis
Reducing trade protectionism could see GDP gains for national economies increase by up to 3.4%, according to a major new study from the International Chamber of Shipping.
The carbon footprint from steel retrieved from ship recycling in India is nearly four times less than the carbon footprint of the world’s best steel production from iron ore, a new study reveals.
Piracy has dwindled in Southeast Asia with no recent kidnappings from merchant ships, a security consultant says.
Markets
Bulkers could be facing a tough year despite an unusually strong start, according to shipping association BIMCO.
Expansion in India’s liquefied natural gas demand will underpin growth in shipments sent to South Asia and Southeast Asia, the combined imports of which will overtake Europe by 2030, according to research.
In other news
Naples-based Grimaldi Group has announced a deal worth more than $500m to build six con-ro vessels at South Korea’s Hyundai Mipo Dockyard.
Just over one third of holders of Maritime and Coastguard Agency seafarer certification are UK nationals, with the overall number broadly stable at 42,920, according to the latest annual statistics from the Department for Transport.
Inmarsat, the maritime satellite communications operator, has appointed former Nokia chief executive Rajeev Suri as chief executive to replace Rupert Pearce.
Samsung Heavy Industries said it had signed a leniency deal with Brazilian authorities to settle allegations in relation to a graft probe involving state-owned oil company Petrobras.
Beleaguered Swiber Holdings has won support from creditors for a $200m investment deal anchored on a liquefied natural gas project in Vietnam almost four years after it entered into insolvency proceedings.
Progress towards developing the first ammonia-fuelled tanker received a boost with the addition of heavyweight partners the Maritime and Port Authority of Singapore and leading fertiliser company Yara International to the Joint Development Project, which has been renamed The Castor Initiative.