InterManager Daily News 29.11.2022.

1. Climate funding granted for shore power connection

Furetank has been granted state and EU climate investment support for installing shore power connection on a tanker currently in production.The funding will be provided by Klimatklivet, an initiative by the The Swedish Environmental Protection Agency and NextGenerationEU. It supports local climate investments that reduce greenhouse gas emissions and contribute the greatest possible climate benefit. https://cyprusshippingnews.com/2022/11/25/climate-funding-granted-for-shore-power-connection/

2. Nor Shipping 2023 set sights on the future with next generation Ship Award

Nor-Shipping has announced that its prestigious Next Generation Ship Award is now open for entries, with Remi Eriksen, Group President and CEO, DNV confirmed as Award President. The initiative, which will celebrate its tenth year at Nor-Shipping 2023, has become an industry fixture, shining the light on a full spectrum of newbuilds, retrofits and conversions that challenge convention and set new standards for smart, sustainable maritime operations. https://cyprusshippingnews.com/2022/11/25/nor-shipping-2023-set-sights-on-the-future-with-next-generation-ship-award/

3. Indian Register of Shipping supported INMARCO 2022 is a huge success

Indian Register of Shipping continued its steadfast support as a ‘Principal Supporter’ to INMARCO 2022, a quadrennial event organised by The Institute of Marine Engineers . The much-awaited event saw attendance by a galaxy of leading Indian and international professionals from all segments of the maritime sector. https://cyprusshippingnews.com/2022/11/25/indian-register-of-shipping-supported-inmarco-2022-is-a-huge-success/

4. Proman Stena Bulk officially named new methanol fuelled tanker Stena Pro Patria

First in-person naming ceremony for Proman Stena Bulk’s fleet of low emission methanol-fuelled tankers held in Trinidad and Tobago, one of Proman’s global production hubs Proman Stena Bulk Ltd formally named its first state-of-the-art newbuild IMOIIMeMAX methanol-fuelled 49,900 DWT vessel, Stena Pro Patria, in a ceremony hosted in Trinidad and Tobago on 23rd November 2022. https://cyprusshippingnews.com/2022/11/25/proman-stena-bulk-officially-named-new-methanol-fuelled-tanker-stena-pro-patria/

5. UK, Wales governments to receive bid to create freeport in North Wales

The county council in Anglesey, an island in Wales off the mainland’s northwest coast, and Sweden’s Stena Line plan to submit this week a bid to create a freeport at Holyhead Port in North Wales. Stena Line has also invested in a 213-acre site, one of a number of sites that will be selected across Anglesey for economic development related to the freeport. https://splash247.com/uk-wales-governments-to-receive-bid-to-create-freeport-in-north-wales/

6. Trucking strike in South Korea hits major industries

A mass strike by South Korean truck drivers has disrupted logistics across the world’s 10th-largest economy, crippling cement, steel and car producers. Thousands of unionised truckers launched a second nationwide strike on Thursday threatening to paralyse critical supply chains as they seek better pay and working conditions.

https://splash247.com/global-supply-chains-at-risk-again-as-truckers-stage-another-nationwide-strike-in-south-korea/

7. Can Money Buy Happiness Aboard A Ritz-Carlton Yacht?

On board a 12-day transatlantic sailing of the new 298-passenger Evrima, which is the first ship from the Ritz-Carlton Yacht Collection, Harry Collins was sitting at a cool, white-marble bar near a gorgeous infinity pool. He was sipping a beer and tasting an Aperol Spritz, because the bartender had made a couple of extra cocktails and offered him one. “This is my bucket list,” 75-year-old Collins, an obstetrician from Savannah, Georgia, said gleefully. “And I get Marriott Bonvoy points for it.”

https://gcaptain.com/can-money-buy-happiness-aboard-a-ritz-carlton-yacht/

8. Watch: The Insane Logistics Of Shutting Down The Entire Cruise Industry

At the start of the COVID-19 pandemic, thousands of mariners were stuck at sea aboard thousands of ships worldwide. Most of those ships continued to operate throughout the crisis and their crews were necessary for the safe operation of the ships but one segment of the industry was completely shut down… cruise lines. https://gcaptain.com/watch-the-insane-logistics-of-shutting-down-the-entire-cruise-industry/

9. Chaos theory: How tankers thrive amid energy crisis and war

Global crises and geopolitical chaos are bad for most businesses. Not so in industries like defense and energy shipping. Go to a commodity shipping conference in troubled times and you’ll hear a lot about how bullish all that trouble is for freight rates. https://www.shippingtribune.com/news/shipping/Chaos+theory%3A+How+tankers+thrive+amid+energy+crisis+and+war

10. Macro sentiments and physical oil markets point to near term oversupply

Macro sentiments in many parts of the world have been weak, keeping prices lower with prices trading near a 2-month low. Time spreads of Dubai crude oil swaps have continued to trend lower, reflecting the weaker demand fundamentals in several parts of the world. https://www.shippingtribune.com/news/shipping/Macro+sentiments+and+physical+oil+markets+point+to+near+term+oversupply