InterManager Daily News 13.06.2022.

1. EU regulations to protect European shipping interests says Union of Greek Shipowners from Posidonia 2022

Europe needs to understand the strategic importance of Greek shipping as the owner of 59% of the EU fleet, especially in times when shipping can play a crucial role in the continent’s scramble for energy independence, said Melina Travlos, President of the Union of Greek Shipowners (UGS) during a press conference at Posidonia Exhibition today.

2. Inmarsat’s The Future of Maritime Safety Report 2022 tracks rise in vessel incidents during COVID-19 pandemic

Aiming to establish the main safety concerns currently facing the shipping industry, The Future of Maritime Safety Report 2022 examines data from Global Maritime Distress and Safety System (GMDSS) calls made to Inmarsat, the world leader in global mobile, satellite communications, from 2018 to 2021. Among the key findings from the Inmarsat data was an abrupt spike in GMDSS calls in 2020 at the height of the Covid-19 pandemic, which, according to the report, is likely to have been caused by “issues with crew change, rapid turnaround in ports and fatigue on board”.

3. IMO delegates visiting world’s most environmentally friendly tanker in central London

Spectacularly moored on the Thames in downtown London, Fure Vinga opened up to 500 invited visitors as the first intermediate tanker in the world which will reach UN 2050 climate targets for shipping. 170 IMO delegates, meeting in London to advance global restrictions of greenhouse gas emissions, came onboard to see how the Swedish shipping company Furetank has turned their targets into practice, Furetank said in a media release.

4. The port of Gothenburg is growing – land acquisition completed in Arendal

The Gothenburg Port Authority’s previously announced acquisition of a 108,000 square meter area in Arendal in the Port of Gothenburg has now been completed. The purpose of the acquisition is to enable a future relocation of Stena Line’s Denmark and Germany terminals and to consolidate the port’s ferry and ro-ro traffic to the outer port area Arendal

5. President Biden disparages ocean carriers, calls price increases ‘outrageous’

President Joe Biden recently spoke by phone with several retailers and farmers to discuss ocean shipping costs and the impacts of those costs on their businesses. In a Twitter post that included excerpts of those calls, he said: “One of the reasons prices have gone up is because a handful of companies who control the market have raised shipping prices by as much as 1,000%. It’s outrageous.”

6. Schlumberger and Subsea 7 renew ties

The alliance has in recent years won major greenfield projects in Australia, Brazil, Africa and Turkey, as well as significant tie-back work in the Gulf of Mexico and Norway. According to Schlumberger and Subsea 7, the partnership has since January 2020 secured the majority (by value) of integrated projects involving subsea production systems and subsea umbilicals, risers and flowlines.

7. Philippines Protests China’s ‘Illegal’ Acts In Disputed South China Sea Atoll

The Philippines has lodged a new diplomatic protest against China’smaritime activities within Manila’s 200-mile exclusive economic zone, the foreign ministry said late on Friday.

It was the second diplomatic protest by the ministry this week, adding to more than 300 complaints filed against Beijing’s “illegal” activities in the South China Sea.

8. Port of Los Angeles Braces for Early Peak Shipping Season

“The upstream orders coming from Asia — getting ready for an early arrival of peak-season goods — look strong; the June numbers will be very healthy,” Seroka said in an interview on Bloomberg Television Friday. He added that the port handled just under 970,000 units of cargo in May, making it the operation’s third-busiest month on record.

9. Adriatic LNG starts auction for 2022 Open Season

Adriatic LNG, operator of Italy’s biggest LNG regasification terminal, has launched the accreditation phase for the Open Season 2022 for operators interested in participating in the auction sessions for regasification capacity between October 2022-December 2047

The Open Season is offering up to 147 billion cubic metres per year (bcm/y) in regasification capcity and is an opportunity to increase national and European imports of LNG while diversifying gas supply sources.

10. IMO’s international carbon intensity measurement rules need rethink: Cargill

Shipping needs to smarten up its emissions rules if it is to decarbonize effectively, with the International Maritime Organization’s new carbon metrics a prime candidate for review given the potential for unintended consequences, Eman Abdalla, global operations and supply chain director at Cargill Ocean Transportation, told S&P Global Commodity Insights on the sidelines of the Posidonia shipping industry event in Athens June 9.


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