Since July 2020, the container market has benefitted from a surge in consumption of goods compared to pre-COVID levels, and head-haul and regional trade volumes have followed. Compared to the same period of 2019, container volumes in the second half of 2020 were up 5.7% while full year 2021 volumes were 9.0% higher. Volumes in the first half of 2022 were up 8.3%, also compared with H1 2019. Despite a growing fleet, capacity supply was unable to keep up as port congestion absorbed as much as 14% of the fleet, data from Sea-Intelligence shows. 
According to new data released by Container Trade Statistics, head-haul and regional trade volumes in August 2022 were at their lowest level since February 2022. The volumes were 3.8% lower than in July and 4.6% lower than August last year, confirming the lack of peak season volumes in key trade lanes. In comparison to pre-COVID volumes in August 2019, the volumes were only 4.4% higher and TEU days were just 2.6% higher due to a change in trade mix. 
 “In August 2022, port congestion absorbed 6-8% more of the fleet than in August 2019. However, the fleet has grown 11.3% since August 2019 and capacity supply was therefore 3-5% higher. As trade TEU days were just 2.6% higher, the vessel supply/demand balance was back at, or just below, 2019 levels,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.  
Despite the weakening of the market, time charter and container freight rates are yet to reach 2019 levels. On average, time charter rates measured by Clarksons have fallen 60% between the peak in April and early October this year, including 55% during the last month alone. Spot container freight rates ex Shanghai measured by Shanghai Shipping Exchange have equally lost about 60% since peaking in January, including a 50% decline during the last two months. However, both remain approximately 2.5 times higher than three years ago. 
As expected, time charter rates have responded to the weaker supply/demand balance faster than container freight rates. Through blanked sailings, by closing services, and idling ships, liner operators can reduce supply to meet demand in the freight market whereas this is very difficult in the time charter market. However, liner operators have historically not been very successful at this, except when they have been battling heavy financial losses. 
“Liner operators have taken steps to reduce supply to better match the weakening demand. According to Sea-Intelligence, blanked sailings in the Transpacific trade during the Golden Week lull added up to 10% more of weekly ship capacity than in a normal year. In addition, a number of liner operators have announced that they are closing Transpacific services. However, so far it has not been enough to stop rates from falling,” says Rasmussen. 
Charter ship owners, on the other hand, do not have many tools to adjust supply in the time charter market. Currently, they do benefit from low availability of ships ready for a new time charter contract. During the last two years, many contracts for long periods were concluded which limits ship availability now. In addition, more and more ships appear to be heading to drydock for surveys and to prepare for EEXI and CII regulations. This delays rate reductions but does not protect rates from eventually adjusting fully to the weaker supply/demand balance. Many owners can in the meantime take solace in that the rate reductions do not impact the very high rates in the still active time charter contracts. 
As predicted in BIMCO’s 3 rd quarter Container Shipping Market Overview and Outlook, lower congestion and weakening volumes are shifting the market downwards, and full “normalisation” of market conditions could be seen later this year or early next year.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released the results of its 2022 Global Cruise Industry Environmental Technologies and Practices Report, showing progress towards achieving the industry’s vision of net-zero carbon cruising globally by 2050.
The 2022 report reinforces the cruise industry’s credentials as an innovator and early adopter of environmental technologies. Examples cited include the increasing number of vessels launching over the next few years that will be able to incorporate zero-emissions propulsion when available as well as the growing investment to equip ships to plug in to shoreside electricity where available. In fact, more than 15% of the vessels to be launched in the next five years will be equipped to incorporate fuel cells or batteries, and 85% of CLIA-member ships coming online between now and 2028 will be able to plug in to shoreside electricity, allowing engines to switch off at berth for significant emissions reduction.
President, and CEO, CLIA, Kelly Craighead said: “Innovation and engineering are at the heart of the industry’s vision for net zero carbon cruising. The cruise industry continues to lead the way by investing billions to incorporate new technologies, accelerate development of sustainable marine fuels—in particular, engines capable of using sustainable marine fuels—and enable shoreside electricity connectivity on existing and new ships. These are the fundamental building blocks for the decarbonisation of global shipping, and we are acting now for the future.”
Despite progress made, the report makes clear that a transition to sustainable marine fuels remains essential to achieving the maritime industry’s decarbonization goals and underscores the urgent need for governments to support research efforts to accelerate development of these fuels so that they are safe, viable and available for use at scale. To that end, CLIA is a supporting organization to the Getting to Zero Coalition’s Call to Action for Decarbonization of Shipping. This support is in addition to the leadership of its individual cruise line members and their partnerships with a number of other coalitions and organizations that are working to find critical decarbonisation solutions.
“The cruise industry has always been and will continue to be at the cutting edge of innovation when it comes to environmental and maritime technologies,” said Chairman of CLIA Global, Pierfrancesco Vago. “For this next phase of our journey to net-zero as an industry, we now need clear support from governments and policy-makers to ensure that the right infrastructure is developed also on land and to encourage the investment and innovation that will be required for the development of sustainable marine fuels at scale.”
The report notes that CLIA ocean-going cruise lines continue to progress reductions in emissions:
- Shore-side Power Capability – cruise lines continue to make significant investments for cruise ships to connect to shoreside electricity, allowing engines to be switched off in port. o 40% of global capacity (up 20% year over year) are fitted to operate on shore-side electricity in the 29 ports worldwide (less than 2% of the world’s ports) where that capability is provided in at least one berth in the port.
- 98% of new build capacity on order book (between now and 2028) is either committed to be fitted with shore-side electricity systems or will be configured to add shore-side power in the future.
- Liquefied Natural Gas (LNG) Fuel – The 2022 report found 61% of new-build capacity will rely on LNG fuel for primary propulsion. The use of LNG results in 95% to 100% fewer particulate matter (PM) emissions., virtually zero sulphur emissions, and an 85% reduction in nitrogen emissions. As a transitional fuel, LNG provides real benefits now, but also allows LNG-ready ships to adapt to a future generation of sustainable marine fuels.
- Exhaust Gas Cleaning Systems (EGCS) - More than 79% of global capacity utilizes EGCS to meet or exceed air emissions requirements, representing an increase in capacity of 7% compared to 2021. Additionally, 88% of capacity of non-LNG new builds will have EGCS installed, in line with already high historical level of investments.
- Advanced Wastewater Treatment Systems - 100% of new ships on order are specified to have advanced wastewater treatment systems and currently 78% of the CLIA ocean-going cruise line fleet capacity is served by advanced wastewater treatment systems (a 9% increase compared to 2021).
The industry’s commitment to pursue net-zero carbon cruising by 2050, announced earlier this year, is consistent with the target set by the Paris Agreement, and is supported by the industry’s intermediary objective to reduce the rate of carbon by 40% across the global fleet by 2030, compared to 2008, which is consistent with the International Maritime Organization’s (IMO) Initial Strategy for GHG reduction.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Shipping companies are more data-hungry than ever before, with the maritime industry using 45% more data than it was in 2021 – with year-on-year demand for data more than doubling in some sectors. As maritime businesses transform, they are also seeing more diverse data requirements than those that existed before the pandemic.
As this need for connectivity accelerates, so too does the need for high-quality broadband to keep vessels connected wherever and whenever necessary. For maritime businesses, digitalisation, decarbonisation, and crew welfare will always be priorities, and all three rely on high quality, constant connectivity.
To meet these demands, Inmarsat, the world leader in global, mobile satellite communications, is launching its new Fleet Xpress product portfolio, to help shipping companies focus on the future. Building on its more than 40 years of experience delivering safety-critical connectivity to vessels around the world, these additions to Inmarsat’s Fleet Xpress will help customers ensure they do not pay for more bandwidth than they need, increase transparency around the data that they consume and give business leaders more control over their data usage, helping future-proof their businesses through high-quality connectivity.
Ben Palmer OBE, President, Maritime at Inmarsat: “Launching our all-new Fleet Xpress portfolio to the market has been a long time coming. We have been working hard to create a portfolio that offers what every single maritime business could need. We can help new customers meet their individual vessel’s unique connectivity needs, ensuring that their data is as flexible as their business. For our valued existing customers, the high-quality, global coverage that they already enjoy won’t change – and neither will the 99.9% up-time that they’ve been accustomed to – but they will also benefit from additional insights into their data and more control over their spend and usage. After all, we don’t want any customer paying for data they don’t use.
“For our network of partners, the new Fleet Xpress portfolio offers more accessible entry points for a wider range of new customers, a more linear and iterative upgrade path, and more flexibility to tailor data usage to individual customers’ needs – so they can be the ultimate business partner to their customers. We’re excited to roll out the new additions to Fleet Xpress and to continue delivering the best-in-class connectivity every shipping company needs to navigate their digitalisation journeys in the years ahead.”
As technological innovation in the maritime industry continues to grow, demand for real-time insights, the increasing cost of operations as well as supply chain and geopolitical uncertainty all create challenges for sector leaders.
To address these challenges, the redesigned Fleet Xpress portfolio will offer a modular approach on top of a base connectivity package. This means that businesses of all sizes, across all segments, can flex their data requirements to suit their strategy – without spending more than necessary.
For some businesses this might mean the ability to use massive amounts of data with superfast speeds so that crew members can stream and video call 24/7 – putting their welfare front and centre. For others this might be an entry package enabling email server connectivity with the ability to introduce new features as the business evolves. In both cases, shipping companies will pay only for what they use, with service plans tailored to specific needs.
The new Fleet Xpress portfolio will also introduce a fair access policy and reliable data monitoring via a self-service portal. This gives customers the confidence that they will get the throughput they pay for, are proactively notified when upgrades are needed based on vessels’ increasing digital demands and that they are getting the best value for money and best quality connectivity to meet the objectives of their individual business.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Stefanos Papandreou & Theano Kalapotharakou co-publishers of ELNAVI report from Limassol, Cyprus

Decarbonization is not a matter of shipping efforts but the result of a broader global coalition.
Maritime Cyprus forum 2022 elaborated on this critical topic and the shipping response to the 3Cs crises challenges and competitiveness.
The forum invited top Shipping personalities from the Greek-Cypriot and international shipping community to share their views and perspectives on the latest developments.
More than 900 shipping professionals from around the world, originating from 35 countries, attended the conference, organized biennially in Cyprus.
Mrs Liana Charalambous Tanos, Chair of the Conference and Acting Permanent Secretary of the Shipping Deputy Ministry, delivered a welcome address to today’s conference participants. The Chair of the Conference marked the event as an opportunity to exchange views on critical challenges faced by the international shipping industry.
This was followed by the President of the Republic of Cyprus, Mr Nicos Anastasiades, who delivered the opening address, who referred to Cyprus’ long-term strategy for shipping: “SEA Change 2030”.
The President emphasized that Cyprus supports the shipping industry in its transition to a green and digital shipping by providing tax incentives, encouraging the use of alternative fuels by Cyprus flagged ships and providing funding to promote innovation.
The President also referred to the efforts of the Shipping Deputy Ministry to promote maritime professions and gender equality in shipping, as well as the immediate actions taken by Cyprus to respond to the COVID-19 pandemic, and the practical measures initiated by Cyprus to help the seafarers affected by the war in Ukraine.
The first panel discussion, themed “Is the Regulatory framework ready to respond to the 3 Cs?”, was moderated by Mr Vassilios Demetriades, Shipping Deputy Minister to the President. The panel included H.E. Mr Kitack Lim, Secretary General, International Maritime Organization and H.E. Ms Adina Vălean, Commissioner for Transport, European Commission.
H.E. Mr Kitack Lim discussed how regulating authorities both globally and regionally must work together to face common challenges. H.E. Ms Adina Vălean agreed, highlighting how European logistic chains have been resilient and adaptable, despite the recent energy crisis.
Further, the discussion focused on whether the emission reduction targets for 2030 and 2050 are sufficiently ambitious or in need of re-evaluation. In particular, speakers highlighted how regulators can provide various incentives to encourage the use of low and zero carbon fuels.
After the first panel discussion, a keynote speech on "Navigating the new normal" was given by Mr Ben Nolan – Managing Director, Maritime, Rail & Energy Infrastructure, Equity Research, at Stifel Financial Corp – on the outlook for shipping segment demands.
The role of Shipowners in this volatile environment was the title of a prestigious panel moderated by George Mouskas Vice President of CUS Cyprus Union of Shipowners and included the following top names of Greek Cypriot Shipping: Andreas Hadjiyiannis President of CUS, George Prokopiou chairman of Dynacom Tankers and Mr Polys V. Hajioannou CEO of SafeBulkers inc.
Mr Prokopiou commented on the new environmental rules that affect shipping and asked: who is responsible for the pollution of the environment the taxi driver or the passenger? The shipping industry operates the latest model of ships and therefore is not responsible for the air emissions. Mr Procopiou highlighted that fuel is the biggest cost to shipowners and global interests must be aligned to protect the environment, while optimizing energy use through available technologies and future fuels. There are no miracles to trade in line with the permissible emissions and we have to suggest realistic solutions and not frictions.
Alternative fuels cannot be adopted in the foreseeable future and oil will remain the main fuel for the engine propulsion.
Decarbonization is a global problem and must have a global solution. Only Cooperation can bring results.
Mr Hadjiyiannis agreed that shipping cannot depend on electricity and ETS Environmental Trading Scheme is not designed for shipping. Unfortunately Europe cannot understand the shipping industry which is highly affected by the cyclicality and complexity of the market. Moreover tonnage tax cannot be considered by Europe as a state aid. We need to explain that Greek and Cypriot shipping is different and very important for the competitiveness of European economy.
Mr Hajioannou told that he is eager to see the next years the development of alternative fuels However his company in an effort to comply with the environmental requirements (phase III Tier III of IMO) ordered in the early 2020 a series fuel efficient kamsarmax dry cargo vessels at Japanese shipyards reducing significantly the air emissions.
Finally veteran shipowner Cpt Panagiotis Tsakos remarked that we must attract young people in shipping otherwise the Greek shipping will follow the fate of other European shipping nations British etc.
It must be noted that the Cyprus Personality & shipping industry award 2022 was handed over from HE The President of the Cyprus Republic Mr Anastasiadis to Christos Mavrelis former minister of communications & works and a lawyer who during his term contributed to the growth of the registered ships that fly the Cyprus flag all over the world.

 
The decarbonization path in shipping
 
The session “Towards zero emissions in Shipping”: What is the tipping point? was moderated by Mr Sveinung Oftedal, Specialist Director, Norwegian Ministry of Climate and Environment. 
On the panel was Dr John Kokarakis, Technical Director, South East Europe, Black Sea and Adriatic Zone, Bureau Veritas, Dr Henning Brauer, Technical Director, Gesellschaft für Oeltransporte mbH (GEFO) and Mr Panos Zachariadis, Technical Director, Atlantic Bulk Carriers Management Ltd. Panelists discussed incoming changes to the regulatory landscape, and its effects on shipping as the industry transitions towards sustainability. 
Conversation largely focussed on the alternative fuels under consideration, with the panel exploring the viability of each to various areas – and the need for these solutions to be compatible with existing port infrastructure and ships. 
Methanol was highlighted by Mr Panos Zachariadis as a strong candidate for bulk, as well as other segments. 
Dr John Kokarakis championed LNG as a viable solution, available today, explaining how methane slip is actively being reduced. Regulation was also discussed and the value of mid-term measures but also market-based measures. Dr Henning Brauer and Dr John Kokarakis both commented that regional measures, such as those imposed by the EU, are unnecessary in the short term, and believe the International Maritime Organization (IMO) should be the primary regulatory body. This, they said, would ensure global consistency.
Mr Panos Zachariadis, however, emphasized the value in EU measures, which encourage the IMO to further develop their regulations package.
It was agreed that industry-wide collaboration is required to ensure effectiveness of current and future regulations. 
 
Taxonomy in Shipping
 
The second panel of the 2nd day focused on Taxonomy in Shipping – A panacea or a detour to sustainable/green finance? 
Mr Nicolas Bornozis, President and CEO, Capital Link, Inc was moderator for the session. The panel included Ms Fotini Ioannidou, Deputy Director Waterborne Transport, Head of Unit Maritime Safety, DG MOVE, European Commission, Ms Katalin Dobranszky, Senior Director, Innovation, Finance and Fiscal Affairs, ECSA, Mr Thanasis Antonakis, CFO, Safe Bulkers, Inc, and Mr Sean McLaughlin, Strategy Consultant, Houlder Ltd. 
The panel covered how taxonomy does, and will continue to, affect investment in technologies and processes that form a key part of driving sustainability in shipping. Ms Fotini Ioannidou opened the panel with a short, clarifying presentation on current EC taxonomy legislation, which covers every sector – including aviation. The presentation highlighted the EC’s objectives to become climate neutral continent by 2050, a goal which requires huge investment not only in shipping, but all transport sectors. 
Ms Fotini Ioannidou concluded that a key objective is to develop an international solution through close collaboration with other regions. Pointing to the industry’s preparedness, Mr Sean McLaughlin commented on the lack of awareness among shipowners of the importance of taxonomy. “The industry needs to take note, and action, on regulatory reporting, to ensure success. Waiting for the regulatory landscape to settle is not a viable or sustainable strategy,” he said. Mr Thanasis Antonakis brought the audience’s attention to the importance of retrofitting, and the value the variety of solutions currently available to offer to shipping in efforts to reduce the environmental impact of the 60,000 vessels currently in operation.
 The Young Executives Session, titled Defining the 4 th C (Change) through Womanning & YoungShipping minds, offered an interactive, capacity-building and problem-solving session for shipping executives under the age of 40. 
This session was organized in collaboration with Young Ship Cyprus and WISTA Cyprus for young shipping professionals and moderated by the Shipping Deputy Minister to the President Mr. Vassilios Demetriades. Within the framework of creating the necessary environment for young people to be included in, and inspired by, maritime affairs, seek jobs within the industry and provide them with future career development, the session is a forum for young shipping professionals to debate career related shipping issues and discuss their vision of the industry, opportunities and challenges that stimulate and affect them. 

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The European Community Shipowners’ Associations (ECSA), which represents national shipowners’ associations of EU Member States, organised for the third time in Cyprus, following a relevant invitation by the Cyprus Shipping Chamber and the Cyprus Union of Shipowners, its Board of Directors Meeting on 7 October 2022, in Limassol. 
The ECSA Board of Directors Meeting was held just two days before the official social opening reception of the international “Maritime Cyprus 2022” Conference and attracted high caliber EU Member States’ shipping associations representatives to Cyprus.
It is worth mentioning that this meeting was of particular importance, as it is being held for the first time in Cyprus under the Presidency of the Cypriot Past President of the Shipping Chamber, Mr. Philippos Philis. The Cyprus delegation, which represented the Cyprus Shipping Industry, included the Cyprus Shipping Chamber’s President, Mr. Themis Papadopoulos and its Director General, Mr. Thomas A. Kazakos, as President of the ECSA State Aid Committee and Mr. Nicolaos Hadjioannou, from the Cyprus Union of Shipowners.
The main topics discussed during the Board Meeting, were the measures taken by the EU Shipping Industry to achieve the goal of zero emissions from ships by 2050 through a comprehensive climate strategy being prepared by ECSA. In addition, the Organisation’s overall Strategy was completed aiming to further strengthen its competitiveness and the representation of European shipowners’ interests toward EU policy makers.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The 23^rd Hellenic and Black Sea Committee of Bureau Veritas hosted by the Vice President of South East Europe, Black Sea and Adriatic Zone, Mrs. Paillette Palaiologou, was held on the 30th of September 2022 under the Chairmanship of Mr. George Procopiou and the presence of the Bureau Veritas Top Management, Mr. Didier Michaud-Daniel, CEO Bureau Veritas, Mrs Hinda Gharbi, COO of Bureau Veritas Group and Mr. Matthieu De Tugny, President Marine & Offshore Division.
The Committee meeting is a forum for BV to discuss industry challenges and latest developments. It plays an important role of an ongoing dialogue with the industry to address technical, operational and regulatory challenges. Leading personalities of the Greek Shipping Industry gathered at Grand Resort Lagonissi for yet another year for this reason.
Mr George Procopiou, Chairman of the Committee, welcomed the participants and presented the agenda of the day, introducing Mrs Semiramis Paliou, CEO of Diana Shipping Services as a new member. The activities and latest initiatives of Bureau Veritas Group were presented to the audience by Mr. Didier Michaud-Daniel and Mrs Hinda Gharbi, describing the Group’s activities and the benefits of breadth of activity across BV’s operations – Building & Infrastructure, Certification, Agrifood & Commodities, Consumer Products and Industry.
Mr Matthieu de Tugny looked at shipping’s big picture and changing landscape, focusing on BV expertise and tecnhcal excellence while Mr Laurent Leblanc, Senior Vice President Technical & Operations focused on Technology Advances in Shipping.
This year Mr Jan Dieleman, President of Cargill Ocean Transportation was a guest. Mr. Dieleman took part in a conversation addressing sustainability from a charterer’s perspective. He discussed decarbonization, performance and people in shipping. Fresh from the Global Maritime Forum in New York – which he chairs, and receiving a Capital Link Sustainability award the previous day in Athens, Mr. Dieleman shared his energy and enthusiasm for a more sustainable maritime industry.  He focused on the importance of short term goals, collaboration – ‘engage with your stakeholders’, the need for transparency, data – and having an open mind to embracing new ideas and change.  
The second part of the Committee commenced with Dr John Kokarakis, Technology & Business Development Director, who ventured to tackle the Shakespearian question “To build or not to build” that owners are facing in an environment of still evolving decarbonization regulations and emerging alternative fuel technologies.  
Mr Vassilis Dimoulas, Technology & Innovation Manager discussed two non-fuel related energy efficiency technologies, the power of wind and the power of data as well as their possible combination, while Mr Bill Stamatopoulos shared key insights about bunker fuels in the future with a particular focus on biofuels.
Finally, Mrs Eleni Letoni, Communications Sales & Marketing Coordinator, presented the long-lasting bonds between the Greeks and the Sea that expand through the last 5.000 years.
The meeting concluded with the traditional heated discussion between the members on topics of evolving interest, and the social time during the lunch.
Paillette Palaiologou, Vice President Marine & Offshore, SEEBA Zone  commented: “We have long-lasting and rooted relationships across the Greek shipping industry, which reflects our extensive presence and strong commitment to support ship owners and operators to manage the industry transition. It is our role as a class society to share our insights and bring together industry leaders to discuss challenges and potential solutions that will help them meet their goals.”
BV is committed to have an open dialogue across the industry through its committee meetings across the world.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Angelicoussis Shipping Group shows interest in moving towards digitalization by implementing a 3-month pilot program of onboard crew medical care solution by MedAssist.Online.
Being one of the leading shipping companies in the Greek maritime industry, Angelicoussis Shipping Group has a serious approach towards ingraining corporate social responsibility (CSR) within the company’s culture.
The CSR program includes conducting all business operations in compliance with existing ethical, professional, and legal standards, developing and training staff ashore and onshore, promoting equality within workplace and ensuring first class standards regarding technical and operational maintenance of the fleet.
For Angelicoussis Shipping Group, crew healthcare is an inseparable part of CSR. As shipping drives 90% of worldwide trade, seafarers are the uncelebrated heroes of the global economy. Thus, an important part of Angelicoussis Shipping Group’s corporate culture is providing proper health care for vessel crew members.
However, as the crew spends extensive time offshore, providing vital medical care, deviating, or evacuating the vessel in an emergency can be an extremely costly task for a company.
MedAssist.Online tackles this challenge by providing approved medical solutions through “bringing the doctor to the vessel” when it is needed the most. MedAssist.Online offers medical care solutions that are affordable, reliable, and are able to operate at sea with low to zero bandwidth, increasing a company’s compliance with international standards. The program consists of three user-friendly applications that serve different purposes and will assist crew members when there is an emergency on the vessel.
One of the applications, MedAssist Live App, addresses the challenge of providing medical help when there is no expert on site.
The Live App allows a distant professional to assist you virtually, as if they were simply standing next to you. You can get real-time visual instruction and guidance, using augmented reality by using the app. Anywhere and at any given time.
Further, the Skills App provides instructions for performing basic medical procedures. And the Heart App solution, that includes a Bluetooth sensor hardware as well, will generate a 12-lead hospital-quality ECG. Further, with a single click, the result (the ECG) can be sent as a PDF to professionals.
The only needed tool is a tablet, which is provided by MedAssist.online.
MedAssist.online is a Dutch company and is represented in Greece by Oriani Hellas.
Oriani Hellas is the one-stop-shop that provides selective innovative solutions that all have one purpose in common: Digital Transformation of the Maritime Industry in Greece and EMEA. Oriani brings together seamanship and big data in an accessible manner, giving shipping companies a competitive advantage.
This cooperation paves the way for the rest of the industry and highlights the importance of crew health and corporate social responsibility (CSR) for other Greek shipping companies.
Image: From left to right: Nikos Diamantopoulos, Sales Manager Oriani Hellas, Dr. Christos Dimopoulos Fleet Medical Advisor Angelicoussis Shipping Group, Dr. George Siatos Fleet Medical Advisor, Angelicoussis Shipping Group and Giorgos Karistinos Sales Development Director, Oriani Hellas

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

On 30 September 2022, China added 15 million tonnes to its 2022 export quota for oil products. The quota includes 13.25 million tonnes for gasoline, diesel, and jet fuel as well as 1.75 million for low-sulphur marine fuel. If headed for the EU, it could be a welcome addition to the block seeking to replace on average 2 million tonnes of diesel imports from Russia when sanctions take effect from February 2023 and demand for heating increases in the winter months. It could also add some attractive tonne miles for product tankers. 
The 15 million tonnes addition brings the total 2022 quota for gasoline, diesel, and jet fuel to 37.25 million tonnes, on par with 2021. The move reverses earlier steep curbs in export quotas and boosts the full year quota for gasoline, diesel, and jet fuel by 55%.  
During the first nine months of 2022, exports of gasoline, diesel, and jet fuel have been 45% lower than in 2021. So far, 18.4 million tonnes have been exported, leaving 18.85 million of the full year export quota unused. To fill the full year quota, average monthly exports during the fourth quarter would have to triple compared to year-to-date. This appears unlikely and many analysts are expecting that refineries will be allowed to make use of the 2022 quota in 2023. 
“Chinese exports of diesel have been particularly low in 2022. During the first nine months of the year diesel exports have fallen 72% y/y. A return to 2019 levels could increase average monthly diesel export volumes by 1.3 million tonnes to 1.8 million tonnes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Increased diesel exports are of particular interest as EU’s sanctions of Russian refined oil products will be implemented on 5 February 2023, and since 90% of the import volumes is diesel. By now, the EU’s imports of Russian crude oil are almost 25% lower than last year, however, diesel imports from Russia have not yet been reduced.  
“Starting in February 2023, the EU must replace on average 2 million tonnes of diesel imports from Russia. In addition, the International Energy Agency has estimated that the EU’s demand for refined products will increase by 300,000-500,000 barrels per day during winter to meet heating demands. A possible increase in Chinese exports could make this process a lot easier and provide a business opportunity for Chinese refineries as well as some very attractive tonne miles for product tankers,” says Rasmussen. 
However, the recently announced 2 million barrels per day production cut by OPEC+ may increase price volatility and increase the risks that Chinese refineries face when exporting to Europe. Any price reduction between when the crude oil is bought, and when the refined product can be sold, can lead to losses for the refineries. As the time delay between buying and selling is higher when exporting to Europe, the price-related risk is higher. The Chinese refineries may therefore also focus the increased exports on Southeast Asia. In that case, the volumes will most likely replace volumes from India and the Persian Gulf that can then head to the EU instead. 
In either case, it should be highlighted that an increase in exports of refined products will also help revive Chinese crude oil imports which have suffered from a combination of low domestic demand and low exports of refined products.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Cruise Lines International Association (CLIA), the trade association for the global cruise industry, released new consumer sentiment data showing that the appetite for cruise travel is now greater than in 2019. In addition, the positive views of the industry’s sustainability focus - both environmental and sustainable tourism - has also increased. This is according to the latest data from an international survey of 4,000 international vacationers conducted across key source markets (France, Germany, Italy, Spain, United Kingdom, USA, Canada and Australia). Of the cruise travellers surveyed this summer, 84% said they intend to cruise again (a 5% increase from 2019). Among those who have never cruised, 67% are open to cruising. The most enthusiastic returning cruisers fall within the younger generation of travellers—with 86% of GenX and 88% of Millennial cruise travellers saying they intend to cruise again. The same percentage of GenX and Millennials would recommend a cruise holiday to their family and friends.
“After the pandemic-related drop, the industry is steadily recovering, and the forecast is to surpass pre-pandemic levels in 2023. This is also thanks to the sector’s commitment to sustainability, both in terms of the environment and responsible tourism, in coordination with destinations”, said Maria Deligianni, National Director, Eastern Mediterranean, on behalf of CLIA during the Adriatic Sea Forum that is taking place in Bari. “Enhancements in this area are important for retaining passengers and attracting new ones, especially among the younger generation. And this is also picked up by our survey, which shows that an increasing number of travellers view the cruise sector’s commitment to sustainability positively, and 51% of the sample (up 9% from last year) say the industry is a leader in responsible travel".
Cruise destinations benefit from tourism-related economic effects that transcend the cruise itself, as evidenced by the CLIA survey. Among cruise passengers, 69% stayed at least one night in the port community prior to embarkation, 43% extending their stay by two or more nights before the cruise and the majority of these cruisers chose to stay in local hotels. It is not by chance that 60% of the international travellers surveyed said that they later returned to a destination that they had first visited by cruise.
“The cruise industry recognises the importance of engaging and working with local communities and local partners as part of its commitment to sustainable tourism across the Adriatic" Deligianni added. “We are working to achieve net zero carbon by 2050, and we need to work together with institutions and local authorities to achieve our collective ambitions. In the Adriatic and the wider Mediterranean Sea CLIA has a longstanding partnership with Dubrovnik in Croatia and most recently with Palma in Spain, while it has also worked with the cities and ports Corfu and Heraklion in Greece on sustainable tourism and to preserve the protection of these important destinations. 
We continue to regard this close working relationship with destinations as an imperative. Dialogue between the cruise industry and ports and destinations is central to us, and we understand that each destination is unique and needs to be treated differently. We engage with them to identify and agree on solutions suited to the specific circumstances, including developing new shore excursions and tours and opening new destinations. Ultimately, we believe that the Adriatic region has a great potential for the development of new cruise destinations.

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The last call for nominations has been issued for shipping’s largest awards dinner, now in its 19th year

Shipping’s largest awards event, the Lloyd’s List Greek Shipping Awards, will once again put the spotlight on some of the industry’s leading individuals and companies as the achievements of Greek shipping and the Greek maritime cluster are celebrated at the traditional end-of-year awards presentation dinner In Athens.
Yearly since 2004, the Greek Shipping Awards has attracted capacity audiences of hundreds of guests and this year, the 19th edition of the awards, is expected to be no different.
Strong support for this year’s Awards is led by overall Event Sponsor GMS. The welcome drinks are sponsored by Erma First while China Classification Society is once again offering the champagne toast to Greek shipping’s health. They are backed up by a roster of prestigious Greek and international sponsors of the individual awards.
Nominations are coming in as the deadline for entries for the 2022 awards nears.
Nominations must be received by the organisers before midnight, Greek time, on Friday 14 October in order to be accepted.
Once again, a prestigious and highly knowledgeable panel of judges from across the industry will assess all nominations and will decide the winners of this year’s Awards.
The panel, broadly representing the Greek shipping industry, will be tasked with choosing ‘the best of the best’ in a range of categories that span the full gamut of Greece’s shipping industry – from the dry cargo, tanker and passenger line sectors - to achievements in safety, sustainability, technology, shipbroking finance and more. There will be excitement, too, in learning the judging panel’s choice of winners for prestigious individual awards such as Personality of the Year, Seafarer of the Year, the Lifetime Achievement Award and the Next Generation Award.
All the winners will be revealed at the 2022 gala awards dinner on Friday, December 2 in Athens. Bookings for the dinner are already open.
2022 Award Categories & Sponsors
Event Sponsor – GMS
Champagne Toast – China Classification Society CCS
Welcome Drinks – Erma First
Dry Cargo Company of the Year - Sponsored by Marichem Marigases
Tanker Company of the Year - Sponsored by Bureau Veritas
Passenger Line of the Year - Sponsored by SWS
Shipbroker of the Year - Sponsored by the Tsakos Group
Shipping Financier of the Year - Sponsored by Tototheo Maritime
Piraeus International Centre Award - Sponsored by ClassNK
Technical Achievement Award- Sponsored by DNV
The Safety Award - Sponsored by SeaJets
International Personality of the Year - Sponsored by Capital Ship Management Corp.
Ship of the Year - Sponsored by ABS
Award for Achievement in Education or Training - Sponsored by Panama Maritime Authority
The Sustainability Award - Sponsored by Lloyd’s Register
The Next Generation Shipping Award - Sponsored by IRI / The Marshall Islands Registry
Lloyd’s List Intelligence Big Data Award * - Sponsored by C. Transport Maritime
Lloyd’s List / Propeller Club Lifetime Achievement Award - Sponsored by Franman
Greek Shipping Personality of the Year - Sponsored by Eurobank
* Denotes awards not decided by the panel
AWARDS NOT OPEN TO OUTSIDE NOMINATIONS
Seafarer of the Year - Sponsored by Safe Bulkers, Inc.
Greek Shipping Newsmaker of the Year* - Sponsored by ExxonMobil Marine

ELNAVI Newsletter
More information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.