InterManager Daily News 07.10.2022.

1. ASA responded to the European Commission’s Call for Evidence regarding the evaluation of the Consortia Block Exemption Regulation

The CBER have been in place since 1995 and have been extended following thorough Commission evaluations. The current CBER is set to expire on 25 April 2024. When the Commission last renewed the CBER in 2020, it found that consortia agreements among ocean carriers “generally help to improve the productivity and quality of available liner shipping services by reason of the rationalisation they bring to the activities of member companies and through the economies of scale they allow in the operation of vessels and utilisation of port facilities.

2. A.P. Moller Maersk continues green transformation with six additional large container vessels

A.P. Moller – Maersk announced that it has ordered a further six large ocean-going vessels that can sail on green methanol. The six vessels will be built by Hyundai Heavy Industries and have a nominal capacity of approx. 17,000 containers . They will replace existing capacity in the Maersk fleet.

3. Singapore sets out to drive Transformation in Bunkering

The Singapore International Bunkering Conference and Exhibition returns for its 22nd edition from 4 to 7 October 2022, as the world’s largest forum for the marine fuel industry. Organised by the Maritime and Port Authority of Singapore, the biennial event gathers prominent industry players and thought leaders across the global bunkering community to discuss pertinent issues such as trade and supply chain developments, the evolving marine fuel industry, digitalisation for bunkering, and the push for decarbonisation.

4. Transparency in shipping’s Digital Age

As co-CEO of leading satellite communications and digital solutions provider Tototheo Maritime, Despina Panayiotou Theodosiou knows all about the impact connectivity has on commercial ship efficiency, but her mind is also constantly probing for links between progressive technology and Environmental, Social and Governance concerns.

5. Cuts by OPEC+ seen putting the brakes on VLCCs

OPEC+ countries yesterday agreed on their deepest cuts to oil production since the onset of the covid pandemic with oil prices showing significant gains in the ensuing 24 hours. Cuts of 2m barrels per day or 2% of global demand will kick in from next month.

6. CMB and Volvo team up on dual-fuel hydrogen engines

Compagnie Maritime Belge (CMB)’s clean technology division, CMB.Tech, has joined forces with Volvo’s engine maker, Volvo Penta, to speed up the development of dual-fuel hydrogen-powered solutions for both on-land and at-sea applications.

7. Finland Blocks Helsinki Shipyard from Delivering Icebreaker to Russian Mining Company

The shipyard, which is known for its icebreaker construction, said Wednesday it had received a “negative decision” from Finland’s Ministry of Foreign Affairs on September 30th related to the export license of the vessel, confirming reports in Finnish press. The shipyard’s statement did not go into specifics.

8. German Police See State Actor Being Behind Nord Stream Sabotage -Report

Germany’s BKA federal police assumes explosions in the Nord Stream pipelines last week were “a targeted act of sabotage” and said it is probable that state actors were involved, the Spiegel weekly reported, citing a letter to industry representatives.

9. UK Government funds hydrogen and electric fuelling station

The novel design concept, which is planned to be operational by March 2025, will use liquid hydrogen as the basis for providing three fuelling options for powering small craft: liquid hydrogen, compressed gaseous hydrogen, and electric charging. Work on the fuelling station is being supported by UK Department for Transport Clean Maritime Demonstration Competition funding, with project participants including Unitrove, ACUA Ocean, Zero Emissions Maritime Technology (ZEMTech) and the University of Strathclyde in Scotland.

10. Rising rates send Baltic dry bulk index to 10-week peak

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, rose for a fourth straight session on Wednesday, surging to its highest in 10 weeks on rising rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 131 points, or about 7%, at 1,996 points on its best day in about two weeks.


Leave a reply

©2024 InterManager - Promoting Excellence In Ship Management

Log in with your credentials

Forgot your details?