Cruise ship NORWEGIAN PEARL was hit by fishing vessel GABBY G at around 0640 UTC Jul 30 ESE of Nantucket, USA East Coast. Cruise ship left Boston on Jul 29 for a week-long cruise, she wasn’t damaged except maybe some scratches and dents, while GABBY G sustained serious damages in stb bow area, she was taken to New Bedford, probably on tow. NORWEGIAN PEARL resumed voyage and arrived at Bermuda, Ireland Island, on Jul 31.

New FleetMon Vessel Safety Risk Reports Available: https://www.fleetmon.com/services/vessel-risk-rating/


FPSO SEA EAGLE reported water ingress on Jul 24, she’s positioned in EA field southwest of Warii, Nigeria. As of morning Jul 29, there weren’t yet detailed and timely updates, to figure out what happened, what’s going on and what are ship’s status and condition. AIS seems to be working, latest position received at around 2300 UTC Jul 28. The leak didn’t affect oil storage area, said FPSO operator SHELL.

New FleetMon Vessel Safety Risk Reports Available: https://www.fleetmon.com/services/vessel-risk-rating/


Navios Maritime Partners is buying the 36-vessel dry bulk fleet from parent Navios Maritime Holdings for $835m, including the assumption of $441.6m of bank liabilities, bareboat obligations and finance leasing obligations.

The 36-vessel dry bulk fleet consists of 26 owned vessels and 10 chartered-in vessels all with purchase options with a total capacity of 3.9m dwt and an average age of 9.6 years. The additions propel Navios Partners to become the second largest fleet of US publicly traded companies.

Navios Partners said the move was part of a migration path to a younger, more carbon efficient fleet supported by opportunistically selling older, less carbon efficient vessels.

Following the completion of the transaction, Navios Partners will own and operate a fleet of 90 drybulk vessels, 49 containerships and 49 tankers, including 22 newbuilding vessels to be delivered through the first quarter of 2025.

Angeliki Frangou is in charge of the Navios empire. She has spent this year bolstering Navios Partners, which has seen Navios Maritime Containers and Navios Maritime Acquisition Company folded into her flagship company.

Source: https://splash247.com/navios-partners-takes-36-bulkers-from-parent-for-835m/


Competition over the world’s maritime resources and territorial disputes over maritime borders are becoming increasingly prominent in international affairs. At the same time, depleted fish stocks and polluted waters make the question of how countries can collectively manage maritime resources a central one, particularly in discussions over climate change.

Against the backdrop of heightened competition in the maritime domain, China has been rapidly modernizing and expanding its naval capabilities thanks to an unprecedented shipbuilding effort. By contrast, the U.S. Navy is struggling to meet its ambitious goals toward expanding its fleet while nevertheless maintaining a demanding operational tempo.

Meanwhile, the resources that lie beneath the ocean’s surface are increasingly at risk of overexploitation. Illegal fishing is devastating already diminished global stocks and may soon present a severe crisis to countries whose populations depend on seafood for their diets. In the South China Sea, competition over fishing rights as well as offshore oil and gas reserves has been a major driver of tensions and conflict.

The maritime domain highlights the tensions between national sovereignty and transnational challenges, between the ocean’s littoral regions as exclusive economic zones and the high seas as a global commons. While often ignored in coverage of international affairs, it features prominently in bilateral, regional and multilateral diplomacy, particularly when it comes to resolving boundary disputes.

WPR has covered maritime issues in detail and continues to examine key questions about what will happen next. Will the United States shore up its naval superiority or continue to cede ground to China? How will the pivot to renewable energy affect competition for maritime resources? Will concerns over depleting fish stocks jumpstart global efforts to improve the state of the world’s oceans? Below are some of the highlights of WPR’s coverage.

Our Most Recent Coverage

Indo-Pacific Ambitions Might Be a Luxury Europe Can’t Afford

In recent years, several European states have sought to project their precious naval assets in the Indo-Pacific region in ways that reflect widely accepted fashions in strategic thinking. But the underlying logic of this thinking now needs to be viewed more critically after the return of interstate war on European soil.

Naval Rivalries

Countries around the world are improving their navies and stepping up their naval activities. That includes China, which has made qualitative and quantitative improvements, but also France and India. All of this stands in contrast to the United States’ struggles to improve the preparedness of its own fleet. These rivalries now include efforts to obtain port access and basing rights, as Russia and China increasingly seek to expand their naval presence overseas.

Illegal Fishing and Pollution

Every fifth fish caught in the world is netted illegally, undermining efforts to officially address the alarming problems caused by overfishing. But with global fish stocks declining by as much as 50 percent, there is mounting pressure to address overfishing—and the governments, including China, that encourage it. Failure to do so could be catastrophic for food systems and economies around the world.

Territorial and Resource Disputes

As varied as they are common, disputes over maritime access have become increasingly significant within domestic and regional politics. Bolivia’s campaign for Pacific Ocean access was a central theme during former President Evo Morales’ years in office. And China’s disputed claims to the South China Sea are a significant driver of political tensions with the affected countries. But recently resolved conflicts, including a long-standing dispute between Australia and East Timor over access to natural gas fields, demonstrate that diplomacy can still be an effective tool.

Piracy

Piracy remains a problem, particularly in remote, conflict-ridden areas. Countries are increasingly working collaboratively to address this problem, but these efforts are often reactive. Because global waters will always remain difficult to police, lasting solutions to piracy depend more on providing economic opportunities to citizens onshore than eliminating piracy on the water.

Source: https://www.worldpoliticsreview.com/competition-and-cooperation-in-the-maritime-domain/


RIYADH: Saudi Arabia’s Cabinet has approved a cooperation agreement between the government and Iraq in the field of maritime transport, Saudi Press Agency reported.

At Tuesday’s meeting, the council of ministers also approved a protocol to amend and extend the agreement concluded between Saudi and US governments regarding cooperation in the field of science and technology.

With regards to domestic matters, the council affirmed the state’s commitment to take measures to control the abundance of products and price levels and prevent monopolistic practices.

This commitment is in addition to the SR20 billion ($5 billion) financial support that was allocated at the beginning of this month through a royal order issued by King Salman.

Source: https://www.arabnews.com/


THE Nigerian Maritime Administration and Safety Agency, NIMASA, and the Nigeria Liquefied Natural Gas, NLNG, have agreed to set up a working committee to pursue common interest in the maritime sector.

Speaking during a courtesy visit by the Management of the NLNG led by the Managing Director, Dr Philip Mshelbila, to NIMASA, the Director General of NIMASA, Dr Bashir Jamoh, noted that a better working relationship between the two organisations would greatly enhance activities in the maritime sector of the economy.

He assured the NLNG Management that NIMASA would extend the already existing working relationship the Agency has with the NLNG Ship Management Limited (NSML) to the parent body, while also urging NLNG to consider the Nigerian Flag as first option for her vessels.

According to him, “This is a new beginning; our focus should be what is best for Nigeria and not just for the NLNG or NIMASA”

While commending the NLNG for providing platforms for Sea Time to train Nigerian Seafarers, Jamoh noted that the Agency is committed to attaining best global practice, so that certificates issued by Nigeria will be recognized globally.

Also speaking Mshelbila stated that the NLNG is ready to partner NIMASA to enhance safety and security of lives and assets in the Nigerian maritime domain. He noted that they are on the same page with NIMASA in terms of capacity development and the quest to ensure Nigeria attains internationally acceptable standards in her operations in the maritime sector.

“We at NLNG have realized  that for us to fulfill one of our key vision elements,  which is helping to build a better Nigeria, it is important for us to work with all our stakeholders including NIMASA. We are aware that NIMASA and our subsidiary, NMSL are working hand in hand for the progress of this country and we desire that same spirit of partnership and collaboration should be extended to the NLNG”.

Source: https://www.vanguardngr.com/2022/07/nimasa-nlng-set-to-strengthen-collaboration-in-maritime-sector/


Safetytech Accelerator, launched by Lloyd’s Register, has selected three companies to join its Waypoint 3: Maritime Risk start-up programme, with ShipIn Systems, eyeGauge and Alicia Bots chosen from the more than 100 applicants.

Waypoint 3 is the third iteration of the Safetytech Accelerator programme, launched in February 2022 to work with technology companies focused on tackling major challenges in maritime risk. The initiative exclusively supports high tech start-ups aiming to secure paid pilot projects in the industry.

More than 100 companies applied, of which 22 were approached for further evaluation. Five finalists were invited to pitch in front of a judging panel made up of executives from Lloyd’s Register and Safetytech Accelerator, who made their selection based on three main criteria: commercial readiness, innovation and the potential impact they could make in maritime risk.

ShipIn’s Fleetvision Platform uses visual analytics and AI to improve ship-to-shore collaboration for maritime fleets by alerting shipowners, managers and seafarers to onboard events in real-time.

“The sharing of real-time operational data between ship and shore is one of the latest tech developments that will help deliver a safer and lower risk marine professional environment,” said Osher Perry, Co-Founder and CEO of Shipin.

“We are thrilled to be working with like-minded tech and maritime experts who share our passion for making safer shipping operationally and commercially attractive and look forward to fast-tracking our significant growth plans.”

eyeGauge offers a non-invasive ship digitalisation system that provides tools to support decision making in fleet operations, to improve emissions reduction and environmental compliance.

“Many challenges of maritime transportation like decarbonisation, safety risks, lack of transparency and others can be addressed with digital solutions. But this industry is adopting digital transformation very slowly,” said Rodion Denisyuk, eyeGauge CEO.

“It is very difficult for tech start-ups to navigate this environment and deliver the message to decision-makers. Therefore, we are very pleased and honoured to be selected by the SafetyTech accelerator to get help and support from high-profile mentors and reputable industry partners.”

Alicia Bots offers multipurpose robots designed for accomplishing high risk maritime tasks, such as hull cleaning and inspections.

“The endorsement by Safetytech Acclerator is a validation that the shipping industry is adapting to new technologies which embrace safety and efficiency. Alicia Bots provides proactive hull cleaning and inspections robots, which operate autonomously and are deployed by ship’s crew providing hull cleaning robots as a service,” said Inder Mukhopadhyay, CEO at Alicia Bots.

Between July and October, the Safetytech Accelerator team will work with the three companies to develop opportunities to pilot their technologies, as well as offering funding to support those pilot projects.

“The standard of Waypoint entries were high this year, however eyeGauge, Alicia Bots and ShipIn Systems stood out as excellent contenders for our programme. We believe they have the potential to make a positive impact in reducing risk and increasing safety in the maritime industry,” said Nadia Echchihab, Safetytech Accelerator Head of Innovation Programmes.

“We look forward to working together over the coming months, boosting their value propositions, and supporting them in generating new business opportunities.”

Source: https://smartmaritimenetwork.com/2022/07/27/safetytech-accelerator-selects-shipin-systems-eyegauge-and-alicia-bots/


Ship owners have kept on contracting newbuildings and secondhand vessels, opting for larger tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “things in the newbuilding market continued on a relatively fair mode for yet another week, given the modest number of fresh projects being pushed forward. In the separate sectors and specifically in the dry bulk one, we saw activity being skewed towards the bigger size segments. Given the recent trends from the side of freight earnings though, this may as well have come as a slight surprise. Moreover, as freight markets appear more volatile as of late, we can expect periodical volatile in new ordering activity as well, especially as we also approach the peak of the summer period. In the tanker market, we witnessed some sort of movement, more towards the MR size segment. On the other hand, as the incremental recovery resumes in terms of freight returns, we can expect more capital being pushed towards this direction. In other sectors, we noticed a single order for up to 3 smaller teu container units”.

 

Source: Allied Shipbroking

In a similar note, shipbroker Banchero Costa added that “activity was quiet last week on tanker and container segment with only some marginal business being concluded. A domestic order was given to CSC Taiwan for a 50.000 dwt MR tanker from local Owner CPC Corporation, no price emerged and delivery end 2024. Korean Owners HMM selected Hyundai Mipo for a fir 3 x 1800 teu container feeder ordered at price of about USD 35.5 mln each. Gas sector’s orderbook continues is escalation, this time Daewoo filling up the columns with an order of 4 x 174.000 cmb divided by Japanese Owners Iino Kaiun and Meiji Kaiun; late deliveries are reported well into 2026 and 2027, no price reported.

Source: banchero costa &c s.p.a

In the drybulk sector it was interesting to notice a fresh order for capesizes at Namura for 2 x 180.000 dwt vessels placed by Foremost, for delivery end 2024 and mid 2025 respectively. We understand the contract is backed by long TC to NYK”.

Meanwhile, in the S&P Market, Allied added that “on the dry bulk side, things in the SnP market moved on an uninspiring trajectory as of the past week, given the limited number of vessels changing hands. Thinking about the volatile shifts in freight market’s direction the past few weeks or so, coupled with the fact that we slowly entering the peak of the summer period, this trend of late came with little surprise. On the other hand, given the overall sentiment, we will continue seeing interesting deals being pushed forward. On the tanker side, activity was sustained on a good momentum for yet another week, with numerous transactions appearing in the market as of late. For yet another week though, this was partly due to a vivid MR market and more specifically due to a couple en bloc deals. All-in-all, given that we continue seeing improved market conditions and sentiment, we can expect buying appetite moving accordingly as well in the near term”.

Source: Allied Shipbroking

Banchero Costa added that “in the dry bulk sector, after offers were invited on the 14th of July, Chinese controlled Ultramax Dayang Confidence abt 63k blt 2017 Yangzhou Dayang has been sold at USD 30 mill. Last week Soho Mandate abvt 60k blt 2016 DACKS was done at USD 31 mln. COSCO controlled Supramax Shun Xin abt 57k blt 2010 COSCO Zhoushan (SS due 2025; BWTS fitted) has been sold at USD 16.8 mln. In the tanker sector, activity was focused in large crude carriers. Suezmax Dolviken abt 160k blt 2012 Samsung (SS/DD passed) was purchased by c of Advantage Tanker at USD 42.5 mln. Furthermore 4x Aframaxes changed hands during the week.

Source: banchero costa &c s.p.a

Elandra Angel abt 115k btl 2009 Samsung (DD passed) at USD 33 mln. Nicholas abt 115k blt 2007 Sasebo at USD 27.7 mln to Chinese buyer. Blue Pride abt 115k blt 2004 Daewoo at USD 23 mln basis prompt dely beginning of August and Songa Coral abt 107k blt 2005 Koyo at USD 25 mln. Two MRs were calling for offers earlier in the week Largo Sun abt 50 k blt 2016 SPP (BWTS fitted) which was sold to Greek buyers at USD 35 mln. Challenge Phoenix abt 48k blt 2007 STX which went always to Greeks at USD 18 mln. The GRAND 50k / 2008 SPP (BWTS fitted) reported sold for low USD 19 mln to Vietnamese Buyer. In comparison the SUNNY BAY 2008 sister was sold couple of weeks back at high USD 17 mln”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide


On 22 July, Russia and Ukraine signed an agreement with Turkey and the United Nations to allow grain exports from three ports in western Ukraine: Yuzhne, Chornomorsk, and Odesa. Combined, the three ports accounted for 65% of the country’s total grain exports over the past five years. Exports could, however, face several difficulties.

 

The deal is valid for 120 days, with an option to extend, and it allows bulkers to be escorted to the ports through a safe corridor. To create a navigable passage, the corridor will have its sea mines removed, a process that is expected to take one to two weeks.

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“With this deal, the UN hopes to increase monthly grain exports from Ukraine by five million tonnes. However, since over the past five years, these three ports have not ever handled such a high amount of grain, meeting this target could prove to be a challenge,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. “Even if port logistics accelerate to expedite exports, the need to escort ships in and out of the ports is likely to cause some congestion.”

Over 20 million tonnes of Ukrainian grains are ready for export and the country’s grain traders union (UGA) expects around 25 million tonnes more to come from the 2022 harvest. With the wheat harvest underway and the maize harvest to start in September, a swift export of grain is needed to ensure space in silos for the new harvests. To accelerate exports the Danube ports, as well as land routes, will likely continue to play an important role in the shipment of Ukrainian grain in the short to medium term.

“A significant obstacle to Ukrainian grain exports will be the voyage risk and corresponding insurance premiums. For the shipping of Ukrainian grain to be attractive, high rates will be necessary to mitigate risk-related expenses,” says Rasmussen. “Russia’s recent missile strikes in ports such as Odesa will add to the insecurity and uncertainty of operating in the Black Sea.”

Due to limited global supply of wheat and maize, a return of Ukrainian grain to the global market would positively impact the Panamax, Supramax and Handysize segments. Additionally, the boost in Ukrainian exports would help combat inflation and food insecurity, particularly in emerging economies, and help bring needed stability to the global economy.
Source: BIMCO, By Chief Shipping Analyst, Neils Rasmussen


The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated the Expert Level Planning Team (ELPT) of the Agency to draft the National Maritime Security Strategy (NMSS) to sustain the Agency’s successes in the fight against piracy.
Jamoh also commended the International Maritime Organisation (IMO) for its technical support to Nigeria by assigning facilitators to assist the country.

According to the DG, maritime security will always be of priority concern to the Agency, noting that it is the bedrock and guarantee of every meaningful shipping enterprise.

The NIMASA DG said the strategy would become the culmination of all the various efforts,initiatives, partnerships the Agency started out under its “Triple S” of Maritime Security, Safety and Shipping Development upon his assumption of office in March 2020.

He said, “There can be no doubt, to the fact that maritime security is the bedrock and guarantee of every meaningful shipping enterprise. From the crew to cargo to carrier to the coast and quayside, there must be security all the way for confidence to drive shipping economics.

“Maritime security has always been and will continue to remain a priority. You are all aware of the current successes achieved in ensuring maritime security within the nation’s maritime domain and the Gulf of Guinea (GoG) as a whole.

“Specifically, the GoG region is experiencing an unprecedented decline in piracy incidents over the past three decades. Only as recently as last week, the International Maritime Bureau (the IMB) finally confirmed all the progress we have been making and announcing for months the said Piracy in the Gulf of Guinea – has declined for real. This is a fact that we can all be proud of.

“Also, this is the product of concerted efforts of the Agency in collaboration with other relevant government bodies such as the Nigerian Navy, Nigerian Air Force, Nigerian Police Force, Nigerian Army, the Department of State Security (DSS), and several other state and non-state actors and stakeholders having security responsibilities.

Jamoh pointed out that NIMASA is mindful of the dynamic nature of maritime security threats; hence the need to take deliberate steps to ensure sustainability of its achievements, through the establishment of a coordinated, whole-of-government approach in dealing with issues of maritime security.

He stated that the Agency’s strategic responsibilities to protect ships, seafarers, shipload, merchandise, ports and all other assets in Nigeria’s maritime domain as mandated by the NIMASA Act, ISPS Code Implementation Regulations (2014) and, more recently, the Suppression of Piracy and Other Maritime Offences (SPOMO) Act makes it pertinent for it to successfully drive the collaborative development of the NMSS.

“I am therefore hopeful that by the end of this program, not only will you be trained as Maritime Security Professionals (MSPs), you will also be equipped with the requisite skills to offer similar training on behalf of the Agency to individuals who intend to carry out specific maritime security functions.

“The Expert Learning Planning Team (ELPT) is to develop a blueprint of the National Maritime Security Strategy (NMSS). This would serve as the basis for your determination of the members of the cross government Working Group (WG) that will execute subsequent steps of this drafting process.

Jamoh thanked the International Maritime Organisation (IMO) for the technical assistance through Philip Heyl and Rear Admiral O.C Medani of the Nigerian Navy (Rtd) facilitating the sessions.

He added that the IMO’s unflinching assistance has enabled the Agency to develop a workable, multi-phase plan, which it is currently executing.

Source: https://nimasa.gov.ng/jamoh-inaugurates-expert-team-on-maritime-security-strategy/


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