InterManager Daily News 01.03.2022.

1. Cyprus Shipping Podcast – Intership Navigation CEO, Dieter Rohdenburg

We are pleased to announce a new promotional feature of Cyprus Shipping News by inviting key players of the Cyprus Shipping Industry to address our readers with a 1-2 minutes video on latest developments, new regulations, news from their own company affecting the Industry, even a quote of the day or anything of general interest.

2. Transfar takes 4,600 teu boxship for $200,000 a day

Money is no object to the Singapore-registered, Alibaba-linked Transfar Shipping – getting box tonnage, whatever the costs is the priority in today’s tight container markets. Brokers report Transfar has taken the 13-year-old, 4,600 teu Northern Prelude from Germany’s Northern Shipping for a period of up to three months at a stunning $200,000 a day.

3. Suez Canal tolls to rise from next month

Egypt’s Suez Canal Authority said yesterday it will be increasing canal tolls by up to 10% for laden and ballast vessels from the start of next month. Justifying the increase, the Suez Canal Authority said the decision was “in line with the significant growth in global trade, the improvement of ships’ economics, the Suez Canal waterway development and the enhancement of the transit service”.

4. Will 2022 be the year when shipping shifts focus to immediate action on decarbonisation?

Despite extensive conversation taking place in the last few months on how to rebuild global trade as part of the post-COVID-19 economic recovery, it is fair to say that this recovery is still a work in progress. There is currently a substantial incentive for shippers to sail as fast as possible for as long as possible, which has hugely increased shipping’s emissions – which rose by 4.9% in 2021 alone.

5. Germany launches 1 GW offshore wind tender

The German Federal Network Agency is auctioning an area in the North Sea for the development of a 1 GW offshore wind farm planned for completion in 2027. The regulator said that the bidder who registers the lowest subsidy requirement for a wind farm in the area will be awarded the contract, with the maximum value for bids being 6.4 ct/kWh. Bids must be submitted by September 1 of this year.

6. Energy Firms Snap Up Russian Gas as Europe Seeks Alternatives

European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine. Russian shipments through pipelines crossing Ukraine have surged to near the maximum level allowed under the transit contract, while some gas has started to flow again into Germany via a key pipeline running through Belarus and Poland. The increase in purchases comes as European politicians are discussing how to retool energy policy in the wake of Russia’s invasion.

7. After Much Praised Waste Export Ban, Australia Faces Accusations Of Hypocrisy For Shipping Plastic Trash As ‘Fuel’

Australia will allow plastic trash to be shipped overseas and burned as fuel under a law introduced last year that banned the export of some plastic waste, the environment minister’s office said, prompting accusations from critics of hypocrisy. Australia was praised for passing a landmark waste export ban in response to a public backlash against rich countries sending trash to poor countries where it often ends up being dumped, burned or leaking into the ocean.

8. Ukraine’s Secret Weapon: Seafarers

There is a Ukrainian seafarer in nearly every major port in the world today. In the midst of violent attacks on Ukraine, the country’s most powerful asset regarding global seapower, naval intelligence, and economic sanctions goes almost unnoticed: Ukraine’s Merchant Mariners. The largest pool of seafarers in the world is Eastern Europe. Russian and Ukrainian seafarers together make up 14.5% of the world fleet. Ukrainian ship officers specifically are among the best trained and highly educated in the globe. These are critical facts in light of Russia’s invasion of Ukraine.

9. Owners benefit from remote monitoring

Vessel owners and offshore contractors are increasingly investing in monitoring and communications technologies. Owners are discovering new ways to monitor the performance of onboard systems, using new satellite communications and analytics. Siem Offshore is streamlining the maintenance processes through online monitoring services.

10. India Turns To Brazil For Soyoil Amid Ukraine Crisis; Exports Soar

Brazil’s soyoil exports are expected to jump in 2022 driven by demand from India, the world’s biggest importer that is facing issues to source vegetable oils from Ukraine, Russia and Indonesia, according to industry sources and government data. “India is very active on the market,” Andre Nassar, president of local oilseed crusher lobby Abiove, told Reuters. “It went to Argentina, the United States, it came to Brazil, they are talking to everyone,” Nassar said.


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