The ship industry briefing
The latest news, views and numbers you need to know this month
News in Numbers
£2bn
The UK’s key port operator Associated British Ports has plans to invest £2bn through a new sustainability strategy to decarbonise operations by 2040.
£2bn
Abu Dhabi Investment Authority is among the firms looking to bid for a 34% stake in UK’s major port operator Associated British Ports. The stake could be worth around £2bn.
$1.12bn
Samho Heavy Industries and HJ Shipbuilding and Construction have received $1.12bn worth of contracts from South Korean container shipping company HMM for nine methanol-powered containerships.
$184.3m
Höegh LNG Holdings has reached a $184.3m deal to purchase a liquefied natural gas carrier, named Golar Seal, from Cool Company.
£3.8m
The UK Government has allocated £3.8m to an ACUA Ocean-led consortium for a liquid hydrogen autonomous vessel and infrastructure project.
Projects
ABP completes Humber Container Terminal expansion
Associated British Ports has concluded the expansion of its Humber Container Terminal at the Port of Hull in the UK.
ABP Humber spent £4.8m to add an extra 7,600m² of heavy-duty paving for the expansion of storage capacity at the terminal.
Source: Ship Technology
DP World receives letter of acceptance for new Indian container terminal
Hindustan Ports, the Indian arm of DP World, has received a letter of acceptance from the Deendayal Port Authority to construct a mega container terminal at Tuna Tekra in the state of Gujarat.
The new terminal will be built at the Tuna Tekra satellite facility and have the capacity to handle 2.19 million twenty-foot equivalent units a year. The project is expected to cost around $520.5m.
Source: Ship Technology
Nigeria opens $1.5bn Lekki Deep Sea Port
The Lekki Deep Sea Port, which was constructed by China, has opened in Lagos, Nigeria. The new $1.5bn deep seaport is anticipated to reduce congestion at ports in the country.
Developed to handle cargoes in transit for other destinations, the seaport is also expected to become an African hub for transhipment.
Source: Ship Technology
Quotes
Mick Lynch, general secretary of Maritime union RMT, calls on the UK government to provide a new deal for seafarers after the latest statistics showed a big employment drop in the industry:
"UK Seafarers need a new deal that puts jobs, good terms and conditions at the heart of the industry, across every sector including ferries, offshore energy and deep-sea work.
"There is an unhealthy relationship between shipping bosses and the government that allows a race to the bottom in terms of terms, conditions and super exploitation.
"Maritime labour from outside the European Economic Area is being brought in, under flags of convenience where those workers are super-exploited by low wages and appalling working conditions.
"The UK Government needs to step in to protect UK Ratings and end exploitation of seafarers from across the world who work in UK waters."
in a general statement, IMO general secretary Kitack Lim says he remains deeply concerned about the ships seafarers that remain stranded in Ukrainian ports in the Black Sea and the Sea of Azov:
“At the start of this military conflict, some 2,000 seafarers were suddenly stranded in the affected area, on board more than 90 vessels. With the best efforts of all stakeholders, this number was reduced significantly, but over 300 seafarers and 60 ships remain stranded.
"In the last 12 months, IMO has made immense efforts and provided extensive support towards UN-wide initiatives to resolve the situation with regard to stranded ships and seafarers.
"I am actively pursuing, in close collaboration with the relevant Member States, all avenues to facilitate negotiations with the key stakeholders in the region to allow for the safe departure of the stranded vessels and seafarers."
