InterManager Daily News 09.09.2021.

1. Meeting between the Shipping Deputy Minister to the President Vassilios Demetriades with the Transport Minister of Egypt Mr. Kamel Al Wazir
In the framework of the first Cyprus-Egypt Intergovernmental Summit which took place on September 4 in Cairo, the Shipping Deputy Minister to the President Mr. Vassilios Demetriades met with his Egyptian counterpart Mr. Kamel Al Wazir.
Both sides confirmed that they would advance further their strong bilateral maritime relations which are reflected in the relevant bilateral Agreement, signed in 2006.

2. International Chamber of Shipping sets out plans for global carbon levy to expedite industry decarbonisation
The global trade association for ship operators, the International Chamber of Shipping, has put forward a comprehensive proposal for a global levy on carbon emissions from ships, in what would be a first for any industrial sector. ICS, which represents the world’s national shipowner associations and more than 80% of the merchant fleet, presented a submission to the UN on Friday, calling for an internationally accepted market-based measure to accelerate the uptake and deployment of zero-carbon fuels.

3. British Ports welcomes proposal to close the legal loophole on Jet Skis, to make our coastlines safer
As the summer holidays come to a close, the British Ports Association (BPA) has welcomed the publication of a proposal to close a legal ‘definition of a ship’ loophole, which presently means that personal watercraft are outside the scope of certain rules and prosecution. With the summer domestic tourist season seeing increased visitors as a result of international travel restrictions, more people than ever are enjoying our coasts. This includes activities in and around ports and harbours and on occasions our marine areas can be dangerous.

4. IUMI reports an improvement in the marine insurance market but remains cautious over a longer-term, sustainable recovery
IUMI – the International Union of Marine Insurance – presented its analysis of the latest marine insurance market trends during its annual conference which is being held online from Seoul, South Korea. In general, IUMI reported positive market development from most insurance lines except P&I, and from most geographic regions, stemming from an increased premium base, an extraordinary low claims frequency and a better-than-expected economic bounce-back from the initial effects of the pandemic.

5. Summer’s dog days see dry bulk market still playing the waiting game
The dry bulk freight market has gone from strength to strength since the publication of MSI’s Q2 report, with spot earnings increasing to over $30 k/Day for all benchmark vessels on average in July. This is the first time this has happened since August 2008, notwithstanding changes to the benchmark vessel and route compositions since then.

6. Ex-Wallenius Wilhelmsen boss takes the helm at Neptune Lines
Greek vehicle carrier owner and operator Neptune Lines has appointed Craig Jasienski as its new chief executive officer. Jasienski, the former CEO of the Norwegian car carrier operator Wallenius Wilhelmsen, will take up his new CEO post at Neptune Lines on October 1, 2021. “I would like to give a warm welcome to Craig, whose experience and dedication will be extremely beneficial for leading Neptune Lines”, said Melina Travlos, chairwoman of the board of directors. “I will work closely with him to make sure that our vision will become reality. We will raise the bar higher, we will overcome challenges and we will accomplish amazing things together.”

7. Ida Ranks Among Worst Storm to Hit U.S. Offshore Energy Production in 16 Years
Hurricane Ida’s damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records. Ida’s 150 mile-per-hour (240 kph) winds cut most offshore oil and gas production for more than a week and damaged platforms and onshore support facilities. About 79% of the region’s offshore oil production remains shut and 79 production platforms are unoccupied after the storm made landfall on Aug. 29.

8. Cost of Shipping Cars By Sea at a 13-Year High
The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial machinery fetched their highest rates since 2008 in August, according to Clarksons Research Services. Stretched global supply chains and a worldwide recovery in car sales during 2021 have contributed to a surge in rates, according to Torbjorn Wist, chief financial officer at Oslo-listed car carrier Wallenius Wilhelmsen ASA.

9. Pirates Attack Indian Cargo Ship Off African Coast, Two Crew Members Wounded, One Kidnapped
Indian merchant shipping crew on-board MV Tampen came under attack by pirates off a port in Africa’s Western Coast in early hours of Sunday in which two members received bullet injuries, while a third has been kidnapped. The vessel which was headed from Cameroon to Dubai had to drop anchor in the port limits of Owendo Anchorage, Gabon, owing to an issue with the propulsion system. It is learned that the pirates had boarded the vessel at around 12:30 am on Sunday, following which the all-Indian crew tried to resist the pirates’ attack.
10. LR Forms Industry-First Collaboration With Inmarsat On Remote Surveys
LR and Inmarsat, the world leader in global, mobile satellite communications, have announced an industry-first collaboration between a satellite communications provider and classification society to provide a connectivity solution that will address challenges experienced during remote surveys. The new solution uses LR Remote, a specifically engineered application for remote inspection that enables crew members to livestream video, photos and audio from on board a ship to an LR technical specialist located elsewhere and will be empowered by Inmarsat’s Certified Application Provider (CAP) dedicated bandwidth service called Fleet Connect, available on the Fleet Xpress digital platform.


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