InterManager Daily News 08.08.2022.

1. New CEO for SIGTTO

Ian Revell has been appointed as the new chief executive officer and general manager of the Society of International Gas Tanker and Terminal Operators (SIGTTO). Revell will take over from Capt. Andrew Clifton on September 1.

2. Full speed ahead for the complete Digitisation of the Cyprus Shipping Deputy Ministry

In the context of the Digital Transformation of the Shipping Deputy Ministry, a relevant contract was signed today with the CSC consortium made up of Cellock Ltd, SignalGenerix Ltd and Computer Resources International (Luxemburg) S.A. The consortium in question undertakes the digitisation project of the Services of the Cyprus Shipping Deputy Ministry as a result of the relevant tender process.

3. Russia’s Gazprom says other Nord Stream gas turbines also face sanctions block

Three offline Nord Stream gas turbines in need of maintenance ‘Everything there is to say about the turbine has been said’: Siemens Nord Stream running at just 20% of capacity since July 27 Russia’s state-controlled Gazprom said Aug. 4 the risk of a sanctions impact related to the maintenance of key Nord Stream gas turbines also concerned three units currently awaiting overhaul.

4. Sinopec Fuel Oil remains China’s top bunker supplier

Sinopec Fuel Oil’s bunker sales jumped 25% year on year in 2021 to become the world’s fifth biggest supplier, according to data from the China Petroleum Circulation Association, S&P Global reports. Sinopec Fuel Oil is the bunker supply arm of the Sinopec, the world’s top refiner and which produced 3.48 million mt (122,000 b/d) of LSFO over January-June to account for 49% of China’s output, according to local information provider JLC.

5. The Joint Coordination Centre has authorised the departure of three vessels from Ukraine

The Joint Coordination Centre has authorized the departure of three vessels from Ukraine, two from Chornomorsk and one from Odesa, carrying a total of 58,041 tons of corn through the maritime humanitarian corridor under the Black Sea Grain Initiative.

6. Korea and China Competing in the Nascent Methanol-powered Ship Market

French shipping company CMA CGM, the world’s third-largest shipping company, recently decided to place an order for six 15,000-TEU methanol-powered ships with Dalian Shipbuilding of China, not with a Korean shipbuilder. As the price per ship is US$175 million (about 229.3 billion won), the entire value of the contract is worth over one trillion won.

7. Cosco and Dalian develop tankers with carbon capture tech

Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC) and Cosco Shipping Energy Transportation (CSET), the tanker operation unit of Cosco Shipping Group, have developed two types of tankers equipped with carbon capture and storage systems.

8. ONE joins bid to take Seaspan parent private

Japan’s Ocean Network Express (ONE) has joined a coalition of controlling shareholders in New York-listed Atlas Corporation to make a buyout offer for the asset manager, whose assets include Seaspan, the world’s largest containership leasing company. The buyout consortium, which calls itself Poseidon Acquisition Corp, sees ONE join forces with Atlas chairman David Sokol, the Washington family and subsidiaries of Fairfax Financial Holdings in a bid to take Atlas private.

9. Chinese And Taiwanese Warships Eye Each Other As Drills Come To An End

Chinese and Taiwanese warships played high-seas “cat and mouse” on Sunday, hours before the scheduled end of four days of unprecedented Chinese military exercises launched in reaction to a visit to Taiwan by the U.S. house speaker. Nancy Pelosi’s visit last week to the self-ruled island infuriated China, which responded with test launches of ballistic missiles over the island’s capital for the first time and the cutting of communication links with the United States.

10. UK’s Biggest Container Port To Be Hit By Eight Days of Strikes

Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes. Workers at Felixstowe will strike Aug. 21 to Aug. 29, the Unite union said in a statement Friday. Talks failed after the port, owned by a unit of CK Hutchison Holdings Ltd., didn’t improve its offer of a 7% pay increase, the labor group said.


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