InterManager Daily News 15.10.2021.

1. GasLog banks $22m from Chinese sale and leaseback deal

New York-listed LNG carrier owner GasLog has sealed a sale and leaseback deal with China Development Bank Leasing for 2015-built 155,000 LNG carrier GasLog Salem. GasLog has sold the vessel for $128m, releasing around $22m in liquidity. The company will bareboat charter the vessel back from CDB for a period of five years, with no purchase obligation attached to the deal.

2. Cyprus Shipping Deputy Ministry launches long-term strategic vision for shipping

Following a nine-month public consultation, Cyprus Shipping Deputy Ministry (SDM) has launched SEA Change 2030, a long-term strategic vision for Cyprus shipping. The vision was presented by Cyprus President, Nicos Anastasiades with the Shipping Deputy Minister, Vassilios Demetriades explaining the three strategic pillars and series of concrete initiatives that will enable the Shipping Deputy Ministry to realize the vision. President Anastasiades highlighted the importance that Cyprus is placing on the shipping sector, stating that the long-term strategy will create the conditions for Cyprus shipping to become more resilient and sustainable.

3. WISTA tackles the real issues at Hamburg AGM

The rapidly changing face of maritime shipping and what it means for the future will be the theme for this year’s WISTA International Conference to be held in Hamburg on 14 and 15 October. WISTA Germany is hosting the Conference and the AGM from today (13 October) which will be the first live event for WISTA members since 2019. The theme for the 41st conference is ‘Shipping 2025 – Today’s actions for tomorrow’s business.’ Among the topics are open discussions on climate change and how it can be tackled by the shipping industry in the maritime industry and the continuing importance of diversity in the maritime world.

4. Mitsubishi Shipbuilding holds christening and launch ceremony in Shimonoseki for Large Ferry Built for Meimon Taiyo Ferry

Interior design concept “sparkle of a bayside city” evokes modern waterfront.

・ Hybrid-type propulsion system with azimuth assistance provides considerable energy efficiency and improved ship steering capability Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group based in Yokohama, held a christening and launch ceremony (October 8th) for the second of two large ferries being built for Japan Railway Construction, Transport and Technology Agency (JRTT) and Meimon Taiyo Ferry Co., Ltd.

5. AD Ports Group, first in the UAE to receive Coveted Pharma Storage & Distribution accreditation against Twin Global Standards

Solidifying its position as a global leader in the field of handling and storage of pharmaceutical products and vaccines across all temperature ranges, Abu Dhabi Ports’ Logistics, a subsidiary of AD Ports Group, has been awarded the coveted Good Distribution Practice (GDP) accreditation by one of the world’s leading testing, inspection, and certification bodies.

6. US planning up to seven offshore wind lease sales by 2025

US Interior Secretary Deb Haaland said on Wednesday that the Bureau of Ocean Energy Management (BOEM) will potentially hold up to seven offshore wind auctions in the next four years for developments in the Gulf of Maine, New York Bight, Central Atlantic and Gulf of Mexico, as well as offshore the Carolinas, California and Oregon. “This timetable provides two crucial ingredients for success: increased certainty and transparency,” said Haaland.

7. Carriers Skip Congestion-Hit Port of Savannah

French shipping giant CMA CGM says it will suspend calls at the Port of Savannah on the U.S. East Coast due to severe congestion and long wait times. The announcement comes a day after German liner Hapag-Lloyd said it will also be omitting the Savanah call from its India America Express service. The CMA CGM suspension applies to its AMERIGO service connecting the Western Mediterranean with the USEC. The company says the temporary suspension is due to congestion with wait times of up to 8 to 10 days.

8. Don’t Panic Buy Christmas, Britain Says Amid Choked Ports

Britain said on Wednesday that people should buy normally for Christmas and there would be no shortage of gifts, after shipping containers carrying toys and electrical goods were diverted from the country’s biggest port because it was full. Maersk, the world’s largest container shipping company, has diverted some vessels from Felixstowe port in eastern England because a lack of truck drivers means there is nowhere left to stack containers.

9. Shipping Corp Starts New Service To West Asia

Shipping Corporation of India Ltd (SCI) has started a new container shipping service linking India with West Asian ports such as Jebel Ali and Hamad. The service will connect Kandla – Mundra – Cochin – Tuticorin – Nhava Sheva – Jebel Ali and Hamad, the company said. The new service will be run using a single vessel, the 4,469 twenty-foot equivalent unit (teu) capacity ‘SCI Chennai’ owned by the state-run company.

10. Statement On Port Congestion Issues: Most UK Ports Are Busy But Operating Normally

Responding to the recent attention on container port issues the British Ports Association, the national body for ports, harbours and marine terminals, which represents gateways that facilitate 86% of our maritime trade, issued the following statement: Whilst some are extremely busy, the overwhelming majority of UK ports are currently operating normally. We have a variety of port gateways around the UK and they are continuing to keep the country supplied.


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