As the rivalry between the United States and China spirals into a new cold war, it carries the potential to widen and deepen many geopolitical fault lines in world politics. One such fault line is dangerously embedded in the strategically vital, oil-rich, but unstable, Persian Gulf. It divides the Gulf into northern and southern zones.

CORONAVIRUS LOCKDOWNS AND POLITICAL INACTION HAVE CREATED AN UNPRECEDENTED SEAFARER CRISIS

Despite a universal campaign from all sectors of the shipping industry to classify seafarers as key workers, and to facilitate crew transfers, many governments are still dragging their heels, says INTERCARGO, the body representing the world’s dry bulk shipowners.

XLP member, Orchid Shipping, seized the opportunity during the lockdown, of executing a very critical shipment involving 3x20’FRs ex Jawaharlal Nehru Port, India to Onne Port, Nigeria successfully and ensuring a satisfied customer at the end of it.

Own CO2 emissions reduced by 27% over the last ten years

Net Zero Carbon program paves the way to climate neutrality

New projects are awaiting Shipyard Famagusta Ltd. as the North Turkish Cypriot company is planning to finish up its brand new workshop which will be capable of machining big capacity shaft, rudder, propeller equipment, used in future newbuildings.

Torqeedo-powered vessels provide efficient, emission-free solution to remove plastics and debris in waterways and harbours

The hybrid crew transfer vessels (CTVs) will be the first operating in the UK and some of the first in the world.

The CTVs will serve Ørsted’s Hornsea Two offshore wind farm off the Yorkshire coast, which is due to become operational in 2022.

Danfoss Editron’s compact and lightweight technology has overcome the challenge associated with the size of electric motors and components, which were previously too big for CTVs.

The Port Equipment Manufacturers Association (PEMA) held its annual general meeting digitally this week due to the Covoid-19 pandemic and made a number of new appointments for the year ahead as the Association looks to continue its vital work for the global ports and terminals sector.

The UK Chamber of Shipping has written a letter to the British Prime Minister Boris Johnson demanding urgent action is taken to facilitate crew changes. The letter was sent on Sunday evening.

Viking Line became the first shipping company in the world to be verified by the accredited classification society Det Norske Veritas Germanischer Lloyd (DNV GL) in accordance with its My Care methodology. This verification, which covers all seven Viking Line vessels and operations in six terminals, affirms the company’s capability to manage and prevent infection risks, including Covid-19.

The financial technology sector in Lithuania is among the most advanced in the world. Vilnius has recently become the largest regulated fintech company centre in the European Union, and even the largest financial companies in the world are already enjoying the country’s well-adapted legal base. According to Juozas Rupšys, the CEO of UAB Egroup EU, which manages the brand Creditonline, we can take pride in how Lithuanians and companies working in Lithuania have been continuously among the first in the world to adapt to digitisation, even if for the time being, we do not fully make use of our advantage.

Once again, the Elon Musk-controlled commercial spaceflight company SpaceX has decided to abandon its plans for a manufacturing facility at the Port of Los Angeles.

The work on the renovation of taxiways and the reconstruction of the apron started at Vilnius Airport this week. The main goal of the reconstruction project is to renew pavements and widen taxiways, create conditions for the taxiing of larger category aircraft and implement environmental solutions. Most of the work will be performed by the road and bridge construction company "Kauno tiltai", the project is planned to be completed by the end of 2021, without interrupting the normal operations of the airport.

Researchers have measured for the first time exactly how ship emissions affect clouds at a regional scale. The results of the research confirmed earlier computer modeling studies that predicated a sizeable cooling effect due to shipping.