Maritime Safety News Archives - Page 57 of 260

GPH made the announcement on 12 July after MSC subsidiary SAS Shipping Agencies Services Sarl (SAS) had approached the firm in June with a potential cash offer.

“GPH’s board of directors has now terminated these talks with SAS,” the announcement wrote.

“GPH’s board of directors remains confident in GPH’s strategic direction as an independent port operator with open access cruise port concessions and arm’s length treatment of berthing rights for all its customers.

“The GPH board continues to be focussed on delivery of our strategic goals and long-term value creation, that reflects the strategic strength of GPH and its growing network of cruise ports, for the benefit of all shareholders.”

Global Ports shares fell 17 per cent to 94.10 pence each in London on 12 July.

Global Ports Holding Plc is the world’s largest cruise port operator with an established presence in the Caribbean, Mediterranean, Asia-Pacific regions, including extensive commercial port operations in Montenegro.

Mehmet Kutman, Co-Founder, CEO and Chairman of GPH said: “The board of GPH is wholly committed to the successful execution of our long-term strategy to grow the business and create value for all shareholders while providing industry-leading investment and service levels at our cruise ports for the benefit of all stakeholders.”

The announcement had been made by GPH without the agreement or approval of SAS.

In April MSC Group entered into a €5.7 billion share purchase agreement with Bolloré SE for the 100 per cent acquisition of Bolloré Africa Logistics.

Source: https://www.porttechnology.org/news/msc-global-ports-holding-takeover-talks-scrapped/

Panama Canal Authority (PCA) said the new structure will assume a simplified, value-based pricing structure, reducing the number of tariffs from 430 to fewer than 60.

On transits of vessels in ballast condition for all market segments except for containerships, tolls will be calculated by applying 85 per cent of the laden toll instead of the originally proposed 9 per cent.

On containerships, the charge for empty containers will be reduced to $2/TEU in 2023, $4/TEU in 2024, and $6/TEU in 2025, instead of the $5, $6.50, and $8 that were initially proposed for each year, respectively.

All other tariffs will be implemented gradually from January 2023 to January 2025 at the originally proposed levels, including the proposed modifications to the loyalty program for containerships, which will be phased out by January 2025.

Incentives for return voyages applicable to containerships and liquefied natural gas (LNG) vessels will be eliminated by January 2023 when the new structure comes into effect.

“The proposal aims to strengthen the tolls structure in a way that is consistent with the value provided by the Canal transit service while providing greater visibility and predictability to customers,” said Panama Canal Administrator Ricaurte Vásquez Morales.

The tolls proposal was issued on 1 April 2022 and went through a formal consultation period during which 17 interested parties submitted their comments or opinions in writing.

The public hearing was held in Panama on 20 May 2022 with the participation of seven parties, representing local and international customers.

The visibility charge currently applied to full container vessels, and classified as Other Marine Services, will be eliminated prior to the implementation of the new tolls to avoid an overlap with the Total TEU capacity (TTA) charge.

In June 2021 the PCA increased its waterway’s maximum allowable length for commercial and non-commercial vessels transiting the Neopanamax Locks.

The PCA said the maximum length overall (LOA) for regular transits of the Neopanamax Locks is 370.33 metres, an increase from 367.28 metres.

The increase means that now 96.8 per cent of the world’s fleet of containerships can transit the Panama Canal, shortening routes and benefiting economies around the world.

Source: https://www.porttechnology.org/news/panama-canal-toll-restructure-receives-governmental-approval/

The first initiative launched is the opening of its new Centre for Maritime Efficiency (CME). The key role of CME is to enable PIL to grow its competencies in managing ship and fleet energy-efficiency performance.

The CME’s responsibilities include traffic optimisation and route analysis aimed at minimising energy usage by PIL’s fleet.

The CME will be equipped with a digital system that houses all relevant operational data and applications in a single platform to facilitate comprehensive, centralised and efficient coordination.

With the new CME, PIL will be able to: reduce greenhouse gas (GHG) emissions generated from its operations; enhance fleet safety and security; maximise cost-effectiveness through efficient traffic and route-based management of PIL’s fleet; and improve provision of more training berths for seafarers and creating a bridge for a ship-to-shore career path.

Lars Kastrup, new CEO of PIL, said: “The rolling out of this new Centre for Maritime Efficiency is timely as we forge ahead to become a more efficient shipping line committed to reducing our carbon footprint.

“This is also aligned with our aim to better leverage technology and digitalisation in our operations for enhanced operational effectiveness. At the end of the day, we aim to deliver quality service and good connectivity to our customers, who are increasingly expecting container shipping services to be nimble and flexible to meet their evolving needs.”

PIL has also signed Memorandum of Understanding (MoU) with Singapore Polytechnic’s Centre of Excellence in Maritime Safety (CEMS) to collaborate on a ‘Training with Technology’ project.

This project aims to leverage the latest technologies to enhance the competency of seafarers in safe navigation through technical and soft skills training.

PIL and CEMS will jointly explore the effectiveness of using immersive, simulation and remote technology to deliver safety-related and ship navigation training in demanding traffic and sea states.

The data and knowledge collected from this project will be utilised for research and collaboration between the two partners towards the objective of strengthening the standards of maritime safety.

Source: https://www.porttechnology.org/news/pil-launches-initiatives-to-enhance-efficiency-and-safety/

The development of low sulfur fuels through the introduction of IMO2020 has been the most significant change to the way in which the global fleet has been powered since the introduction of the diesel engines in the maritime industry a little over 100 years ago.
Whilst the use of low sulfur fuels has clear benefits on emissions reductions, what has been proven is that challenges around fuel quality -especially early 2020- have brought real issues for modern 2-stroke marine engines.

For not only are these engines sensitive to corrosion but they also face an increased risk of engine deposit build up – potentially leading to problems including notably ring pack damage.
What is without question is that selecting the right cylinder oil in tandem with a properly managed Monitoring Programme in the post IMO2020 landscape has never been more important than it is today.

Selecting the Right Lubricant
Here at Lubmarine we have developed a range of tailored lubrication formulations designed specifically to manage today’s modern marine engines, for all IMO2020 compliant fuels including LNG.
Our premium product Talusia Universal is a fully OEM approved cylinder oil with a patented chemistry, proven with over 125,000,000 successful operating hours.

Tests show that Talusia Universal demonstrates a significant cleaning ability (detergency) and provides higher residual BN, enabling ship operators to optimize their feed rate and maintain the lube oil into the safe limits determined by the OEM’s.
Additionally, Talusia Universal has been approved by WinGD as a “Dual Fuel validated” product, one of the few cylinder oils on the market to have obtained this achievement.

The latest entry in the Lubmarine Talusia range of cylinder lubricant is Talusia HD 40 for which MAN ES has granted a NOL Category II meaning this product has excellent overall performance with a special focus on cleaning ability and is applicable for all engines types and recommended for MAN B&W two-stroke engines Mark 9 and higher, providing operators with increased safety margins for very demanding engines.

“We are delighted with this latest recognition from MAN ES and we believe this new generation of cylinder lubricant will provide added safety margin for the ship operators,” said Stuart Fuller, Lubmarine’s Market Liaison & Product Manager responsible for MAN ES.

Source: Serge Dal Farra, Lubmarine Marketing Manager

Taking a Multi-Layered Approach to Engine Cleanliness
Using the right lubricant in the right amount to deliver optimum performance and effective engine cleanliness is just one piece in the puzzle.

Rising to the challenge requires an understanding of the multiple operating parameters of the engine, combined with smart engine monitoring and drain oil analysis and interpretation – something that can only be achieved with the support of a lubricant specialist.
By carefully and regularly monitoring lubricant and vessel machinery condition, ship owners together with their oil supplier can proactively detect and react to any abnormalities.
All OEM guidelines recommend careful engine monitoring and a sophisticated intelligence-led approach allowing for the most prudent management of two stroke marine engines.

Implementing A Robust Monitoring Programme
Implementing an effective Drain Oil Analysis Programme is a simple, reliable and a proven way of helping optimize operations through lubricant consumption and component wear analysis.
LubInsight Neo: Tapping into the Benefits of A New Range of Inter-connected Onboard Digital Analysis Services
We are now taking this approach to new and data-focused levels, with the launch of a new range of fully digitalized, interconnected global on-board lubricant sampling and testing services.

Operators on board are guided through easy to follow, step-by-step on screen instructions when carrying out drain oil analysis without the need for specialist training, with the highly accurate test results uploaded onto the customers’ dedicated Lubmarine portal.
Not only do the new services – LubInsight Neo – enable vessel operators and owners to upgrade their onboard testing laboratory facilities, but they also deliver real-time interconnectivity between crews on the vessel, all on shore operations, owners, operators and global teams involved in the running and maintenance of the vessel.

Serge Dal Farra

The Human Element – Specialist Knowledge and Interpretation
The third layer in achieving optimum engine performance including its cleanliness profile is to enlist the support of highly experienced engineers to assist with lubrication optimization and any lubrication issues vessel operators might be experiencing.
This level of support can include:
• Ship engine inspections and trouble-shooting
• Lubrication survey and technical investigations
• Shipyard and switchover support
• Crew and onshore teams trainings from lubrication basics to high level lubrication strategies

Conclusion
There is no single solution to achieving the benefits that LOFR optimization can deliver. It takes a multilayered approach, utilizing the tools and knowledge with the support of a technical team and the infrastructure of a specialist lubricant manufacturer with the range of services available to support vessel operators.
Source: Serge Dal Farra, Lubmarine Marketing Manager

Ocean Technologies Group (OTG) has received approval from Bahamas Maritime Authority to offer an e-learning course on standards of training, certification and watchkeeping (STCW) ice navigation.

Safe navigation through ice passages and avoiding their many hazards depends on the knowledge and skills of the senior bridge team. As new routes open, crew certified to navigate ice are in demand. However, the number of officers with the requisite experience to operate in these waters and those able to teach the new generation ice navigation skills is under pressure globally, further limiting supply.

E-learning may provide the answer, allowing seafarers to study remotely whilst obtaining certification to recognised standards. The Bahamas Maritime Authority has approved an innovative new course from OTG: “Ice Navigation in Polar Waters”, that combines e-learning, interactive scenarios, and in-person assessment to provide navigational officers with the requisite understanding of the hazards of manoeuvring in ice and transiting the polar regions.

Meeting the requirements of The Polar Code and the IMO STCW Convention and Code, this comprehensive STCW Course comprises nine modules and covers topics such as regulations, ice characteristics, voyage planning, vessel performance in polar waters, ice breaker operations, and crew preparation and safety.

The learning portion of the course can be carried out entirely online, with a final assessment being taken out under supervision at a Marlins Approved Test Centre. After completing all nine modules and the online simulator exercise, the learner takes an informal self-assessment: if they feel ready, they can apply for formal assessment and certification. This structure allows seafarers to study at their own pace, eliminating the need for extended travel and ensures a high-quality result.

“STCW Ice Navigation at Basic Level is a long course that would traditionally require 4 – 5 days’ attendance at an on-shore training centre. Adding travel time, officers may need to spend a week away from home, often during their vacation time. Access via our self-directed learning platform means seafarers can take regulatory training at a pace and location that suits them, fitting it in around their personal lives more easily,” said Catherine Logie, Ocean Technologies Group, director of direct to consumer services.

Our global network of Approved Test Centres in almost every crew region enables seafarers to take a supervised assessment locally,” she continued.

Source: https://thedigitalship.com/news/maritime-software/item/7958-otg-gains-bahamas-maritime-authority-approval-for-e-learning-course-on-stcw-ice-navigation

Past reporting of inspections carried out has been sparse. In welcoming the IMO’s revised guidelines for inspections, the international freight transport insurer TT Club exhorts governments to report findings to IMO on 2021 inspections, as well as to increase the volume of inspections carried out. This would helpfully inform the international maritime regulator and support industry players who are striving to ensure safety and reduce dangerous incidents.

Revised Guidelines for the Implementation of the Inspection of Cargo Transport Units (CTUs) issued last month by the IMO are aimed at helping governments to implement a uniform and safe inspection program. The IMO Circular (MSC.1/Circ.1649) seeks to broaden the inspections undertaken and align fully with safety guidance developed during the last decade (previous guidelines date from 2012).

Specifically, governments are now requested to select from all cargo types, rather than simply declared dangerous goods, for inspection. Further the guidance takes account of the issuance of the CTU Code, revisions of container safety regulations and the need to minimize the movement of invasive pests. The Circular additionally notes the continuing low rate of submission of inspection reports and encourages an increase in such inspections.

Peregrine Storrs-Fox, TT’s Risk Management Director, said: “With the string of container ship fire casualties and fatal incidents at storage facilities, most recently at Chittagong (Chattogram), in our minds, our current concerns are manifest. They constantly remind us of the importance of adequate safety procedures in packing, handling and transporting the array of cargoes that have the potential to cause catastrophic incidents.

“With only five of the 179 governments affiliated with IMO submitting reports on inspections at the last Carriage of Cargoes and Containers (CCC) sub-committee meeting in September 2021, the industry urgently seeks more collaborative support from governments in combatting the potential circumstances and cargo packing practices that cause dangerous incidents.

“It would be much appreciated if more national reports undertaken during 2021 can still be reported for consideration at the next CCC this September. However, TT calls for a viable sample of inspections in future based on the new guidelines. In this regard, TT would urge strongly that governments enter dialogue with industry to understand how the latter can work with enforcement agencies to improve safety.”

TT itself has long campaigned for an increased awareness of the issues surrounding the transport of dangerous goods, and all potentially hazardous cargoes. It is dedicated to improving standards for the safe and secure packing of all cargoes in cargo transport units.

There is a plethora of industry generated guidance on best practice relating to packing and handling of cargoes, including the Quick Guide to the CTU Code, along with a Checklist of actions required of those packing cargo in freight containers, published by the Cargo Integrity Group and available in several languages.

Such work by industry groups can only be strengthened by a partnership with governments. Their action on inspections, with the help of the new revisions to the IMO guidelines and use of that body’s reporting system is crucial.

Storrs-Fox concluded: “The international supply chains that service the trade in a myriad of commodities are complex and notoriously susceptible to disruption. Congestion and delays increase the challenges involved in maintaining safety levels in an environment where the demand for reliable delivery of goods is high. Such circumstances require an even higher level of attention to safe practices.

“The collection of information on the effective use and/or mis-use of these practices needs to be enhanced by a much higher level of rigorous inspections and report submissions from governments, but working from the understanding that this is a shared problem.”

Source: https://maritimefairtrade.org/tt-club-urges-imo-member-states-to-increase-container-cargo-inspections-and-submit-reports-urgently/

The value of global trade rose to a record US$7.7 trillion in Q1 2022, an increase of about $1 trillion relative to Q1 2021, according to UNCTAD’s Global Trade Update published on 7 July.

The growth, which represents a rise of about $250 million relative to Q4 2021, is fueled by rising commodity prices, as trade volumes have increased to a much lower extent. Though expected to remain positive, trade growth has continued to slow during Q2 2022.

“The war in Ukraine is starting to influence international trade, largely through increases in prices,” the report says. It adds that rising interest rates and the winding down of economic stimulus packages will likely have a negative impact on trade volumes for the rest of 2022.

Volatility in commodity prices and geopolitical factors will also continue to make trade developments uncertain.

Trade growth strong for both developed and developing countries

According to the report, trade growth rates in Q1 2022 remained strong across all geographic regions, although somewhat lower in the East Asia and Pacific regions.

Export growth has been generally stronger in commodity-exporting regions, as commodity prices have increased.

Trade in merchandise goods reached about $6.1 trillion, an increase of about 25% relative to Q1 2021, and a jump of about 3.6% relative to Q4 2021.

The value of merchandise exports from developing countries was about 25% higher in Q1 2022 than in Q1 2021. In comparison, this figure is about 14% for developed countries.

Merchandise trade between developing countries also strongly grew during Q1 2022. Trade in services grew to about $1.6 trillion, an increase of about 22% relative to Q1 2021, and a rise of about 1.7% relative to Q4 2021.

Substantial increases across sectors

The report shows that most economic sectors recorded substantial year-over-year increases in the value of their trade in Q1 2022.

High fuel prices are behind the strong increase in the value of trade in the energy sector. Trade growth was also above average for metals and chemicals. By contrast, trade in the transportation sector and in communication equipment has remained below the levels of 2021 and 2019.

Slower economic growth, war in Ukraine dim prospects

The report says the evolution of world trade for the remainder of 2022 is likely to be affected by slower-than-expected economic growth due to rising interest rates, inflationary pressures and concerns over debt sustainability in many economies.

The report states that the war in Ukraine is affecting international trade by putting further upward pressure on the international prices of energy and primary commodities.

In the short term, because of the inelastic global demand for food and energy products, rising food and energy prices would likely result in higher trade values, and marginally lower trade volumes.

Other factors expected to influence global trade this year are continuing challenges for global supply chains, regionalization trends and policies supporting the transition towards a greener global economy.

Source: https://maritimefairtrade.org/global-trade-hits-record-us7-7-trillion-in-q1-2022/

A Pakistan delegation led by Secretary Commerce, Sualeh Ahmad Faruqui will visit Afghanistan on July 17-18, 2022 for talks on import of coal for power generation, well informed sources told Business Recorder.

The delegation visit is scheduled amid threats by Chinese company generating electricity on imported coal that they will revert to South African coal if NEPRA fails to resolve its issues related to payments.

Sharing the details, sources said, during the third meeting of Border Management Committee (BMC) under the chairmanship of Federal Minister for Defence, Khawaja Asif it was decided that a working level delegation will be sent to Afghanistan to discuss the issues related to cross-border trade of coal.

Proposed composition of the delegation as follows: (i) Secretary Commerce (Lead); (ii) Additional Secretary-1, Power Division; (iii) representatives from Military Operation Directorate; (iv) representatives from Inter-Services Intelligence (ISI); (v) Director General Afghanistan, Ministry of Foreign Affairs; (vi) Riaz Ahmed Khan, Joint Secretary (PE/FIA), Ministry of Interior; (vii) Mariya Qazi, Joint Secretary, Ministry of Commerce; (viii) Brig Muhammad Abid, Director Border Terminals, NLC; and (ix) Ahmed Raza Khan, Chief Collector KPK, FBR.

Key issues for discussion include declaration of 24/7 operations at Torkham, Kharlachi and Ghulam Khan border terminals, deployment of additional HR to ensure smooth operations, improvement in infrastructure on Afghan side and cross border movement of vehicles.

The sources said expenditures in respect of participation of members of delegation will be met through their respective organisations/ministries.
Source: Business Recorder

Ship owners have been upping their newbuilding contracting activity with more deals being reported after each passing week. In its latest weekly report, shipbroker Allied commented that “the impressive performance in terms of newbuilding orders continued for yet another week while the lion share of the market still belongs to the Containership sector. In terms of market share by shipbuilders for these units, the majority have been snapped up by Chinese shipbuilders, something that may soon be negatively affected by the surge in new Covid-19 cases that emerged during the weekend across several areas in China and could consequently lead to new lockdown measures in place relatively soon. At the same time, buying interest continues to also hold for Gas units, and in particular LNG units, with the Qatar LNG project further contributing and significantly increasing demand noted for fresh orders. At the same time, we continue to see sluggish demand for dry bulk and tanker units for yet another week, although we did see some activity emerge this week from Japanese shipbuilders for Handysize dry bulk units”.

Source: Allied Shipbroking

Banchero Costa added in a separate note this week, that “in the gas market an order for 8 x 174,000 cbm LNG carrier was placed by European owners at Hyundai Heavy, deliveries expected during 2nd half of 2026. Again at Hyundai, Capital Gas ordered 2 x 174,000 cbm LNG carrier, dely mid 2026, vessels are priced around $245mln each. Turkish owner Pasco Gas signed at Hyundai Mipo 1 + 1 x 40,000 cbm LPG carrier with delivery during 1st half of 2025.

Source: banchero costa &c s.p.a

The vessels, to be dual fuel, are priced around $64mln each. In the container segment MTT, Malaysia, exercised options for three more 1,800 teu units at Penglai shipyard that will be delivered in 2024. MPC Container placed an order for 2 x 1,300teu carriers, methanol fuelled, at Taizhou Sanfu. Dely expected in 2024, price estimated around $39mln each”.

Meanwhile, Allied added that “on the dry bulk side, it was a rather strong week for the SnP market, given the firm number of transactions coming to light. For the time being, only the Capesize market remains sluggish in terms of activity taking place, that comes though, rather inline with the general volatility and periodical asymmetries noted in its respective freight rates. All-in-all, a lot will depend on the side of freight earnings, where a considerable pressure is currently in place, as to whether we are about to continue to see a fair volume taking place or not. On the tanker side, a modest flow of fresh secondhand deals appeared in the market as of the past week. At the same time though, activity was skewed in favour of the smaller size segments, somehow inline with the overall incremental recovery from the side of freight earnings. Hopefully, with many having already taken a more bullish stance, we can expect buying appetite to remain firm in the near term at least”, the shipbroker concluded.

Source: Allied Shipbroking

Similarly, Banchero Costa also noted that “a slightly quiet week for second hand activity, more focused on vintage tonnage. In the Supramax segment, according to marker rumours, the Mamaba Point 56,000 dwt built 2009 Mitsui (BWTS fitted) is sold to undisclosed buyers around $20.2/20.3 Mln. The Medi Bangkok 53,000 dwt built 2006 Imabari (BWTS fitted) is reported sold with a short BBHP structure at a comparable level of about $17.5 Mln.

Source: banchero costa &c s.p.a

In the Handysize sector the Yangtze Spirit 35,000 dwt built 2012 Dongze (BWTS fitted) is reported sold for $17.2 Mln and the similar age, but smaller Vantage Rider 29,000 dwt built 2011 Nantong Nikka is reported sold to Middle Easter buyers for $15 Mln. In the tanker market asset prices kept increasing. The Magnus 115,000 dwt built 2005 Samsung (BWTS fitted) is reported sold to Greek buyers for $22.5 Mln and the sister Kronviken built 2006 (BWTS fitted) is reported sold too to Greeks for a price close to $25 Mln. The product tanker Explorer II 47,000 dwt built 2005 Onomichi is sold to undisclosed at a price a little over $12 Mln marking a significant hike”.
Nikos Roussanoglou, Hellenic Shipping News Worldwide

Dockworkers across major North Sea ports in Germany have yet again paralyzed operations after staging the longest strike in four decades following the collapse of the latest round of negotiations to resolve a protracted collective bargaining agreement dispute.

Trade union giant United Services Union (Ver.di) has called for a 48-hour workforce strike across terminals in the country after collective labor agreement negotiations with the Central Association of German Seaport Companies (ZDS) failed to reach a successful conclusion. The strike, set to run from 0600 on Thursday until 0600 on Saturday, is the third industrial action in as many weeks and the longest in more than 40 years.

German container shipping line Hamburg Süd said that it has been forced to observe a full stoppage for rail, road and ocean freight for both import and export across its German terminals for the duration of the strike. It directly affects operations in Bremerhaven, Hamburg and Wilhemshaven.

“We have evaluated all impacted vessels and have no plans to omit ports or stop operations. Our aim is to return to business as usual serving your global logistics needs from 0600 on Saturday,” said Hamburg Süd in a statement.

The company added that in the interest of minimizing any further disruption to supply chains, it will be keeping a close eye on developments up to and during the next round of negotiations between ver.di and ZDS.

“Please note that at this stage, negotiations are still ongoing between the parties and there could be changes to the scheduled strike action at the very last minute, including the possibility of an agreement being reached and the strike being cancelled,” it said.

The longstanding collective bargaining agreement dispute has paralyzed operations at Germany’s busiest ports owing to the fact that ver.di represents approximately 12,000 workers at the seaports of Emden, Bremerhaven, Bremen, Brake, Wilhelmshaven and Hamburg.

In the dispute that has involved six rounds of negotiations all ending in a standoff, ver.di is demanding a 14 percent increase across the 58 collective bargaining companies including at the primary ports of Hamburg and Bremerhaven. The union is also demanding an annual bonus of up to $1,200 due in part to rampant inflation, which is driving up the cost of living.

During the sixth round of negotiations last week, employers tabled an offer that included a permanent increase in wages from June 1, 2022 of between 5.18 percent for employees in automobile handling and eight percent for employees in full container companies as well as 3.5 percent for companies with job security. From June 1, 2023, wages are then to increase permanently by a further 3.1 percent, or two percent for companies with guaranteed employment, over a total period of 24 months.

While ver.di termed the offer of a permanent increase in wages of eight percent for the employees of the full container companies as welcome, it remained steadfast that employers are not meeting demands for a real inflation compensation.

“It would also be important to secure real wages in 2023 in order to create an actual compensation for inflation for the employees,” said ver.di negotiator Maya Schwiegershausen-Güth.

Germany, Europe’s largest economy, is facing skyrocketing inflation, with food and energy inflation made worse as a result of Russia’s invasion of Ukraine.

The latest round of industrial action by German dockworkers is the third in as many weeks. Last month, the trade union called two strikes, one in early June lasting four hours and another in late June running for 12 hours.

With Germany being one of the most critical maritime hubs in Europe, the 24-hour strike is bound to have adverse supply chain impacts across the continent coming at a time when major European ports are grappling with a congestion crisis.

Source: Maritime Executive

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