InterManager Daily News 01.12.2022.

1. Cyprus will have certification centre for Cyber Security Services and products

Cyprus will have its own Certification Centre for cyber security services and products, Commissioner of Electronic Communications, George Michaelides, has said. Speaking at a meeting with Cyprus President, Nicos Anastasiades on Monday, during which he handed over to the President his annual report, Michaelides said that after the establishment of the Centre, someone from any third country will be able to certify a product in Cyprus and use it anywhere in the EU. https://cyprusshippingnews.com/2022/11/30/cyprus-will-have-certification-centre-for-cyber-security-services-and-products/

2. “The Future of Maritime Cybersecurity” an Exclusive Event for The Greek Shipping IT Community

On Wednesday, 23rd of November, a Maritime Cybersecurity Event took place at Eleon Loft for select members of the Greek Shipping IT community. The event was organized by Oriani Hellas – a leading company in maritime digital technology transformation, and K2 Informatics. https://cyprusshippingnews.com/2022/11/29/the-future-of-maritime-cybersecurity-an-exclusive-event-for-the-greek-shipping-it-community/

3. DSME cancels contracts on all 3 LNG carriers awarded by a Russian client

Daewoo Shipbuilding & Marine Engineering (DSME) has notified the cancellation of the contracts on all three LNG carriers awarded by a Russian client two years ago. The Russian client failed to make payments for the ships on time, amid sanctions by the international community against Russia for the prolonged invasion of Ukraine. https://cyprusshippingnews.com/2022/11/29/dsme-cancels-contracts-on-all-3-lng-carriers-awarded-by-a-russian-client/

4. HHLA transported aid supplies to Odessa

Hamburger Hafen und Logistik AG is transporting urgently needed aid supplies to Odessa by means of its own European network. On Sunday, three containers carrying medical supplies left Hamburg for the Ukrainian port city. The goods were purchased with the donations of HHLA employees and means from a company aid fund. https://cyprusshippingnews.com/2022/11/30/hhla-transported-aid-supplies-to-odessa/

5. Singapore welcomes INTERCARGO members from around the world

INTERCARGO’s semi-annual and Annual General meetings took place in Singapore last week for the first time since 2018. Members joined together both virtually and in person to review the Association’s achievements to date and to determine policy and priorities for the future.

https://cyprusshippingnews.com/2022/11/30/singapore-welcomes-intercargo-members-from-around-the-world/

6. Carrier results could fall up to 70% in the fourth quarter: Alphaliner

With the container shipping industry widely accepting that the peak of an epic cycle passed by the middle of this year, attention is turning to how severe the drop in profits could be in the coming quarters. Alphaliner is warning carrier results could fall up to 70% in the fourth quarter, with Israel’s ZIM on track to log the greatest fall. https://splash247.com/carrier-results-could-fall-up-to-70-in-the-fourth-quarter-alphaliner/

7. Nuclear power pursued by Canadian port

The Belledune Port Authority (BPA), which manages the Port of Belledune in northern New Brunswick, Canada, is working with Cross River Infrastructure Partners to pursue the use of advanced small modular reactor (aSMR) technology as part of a future expansion at the port.

https://splash247.com/nuclear-power-pursued-by-canadian-port/

8. Law Enforcement Busts European Drug Trafficking ‘Super Cartel’

Coordinated raids were carried out this month across Europe and the United Arab Emirates (UAE) against a criminal “super cartel” involved in large-scale drug trafficking and money laundering in Europe. A total of 49 suspects were arrested during the course of the investigation taking place in Spain, France, Belgium, the Netherlands and the UAE, according to Europol. Over 30 tonnes of drugs have been seized by law enforcement to date. https://gcaptain.com/law-enforcement-busts-european-drug-trafficking-super-cartel/

9. Container Shipping Industry Passes Earnings Peak

The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters for the sector and further confirmation that the industry’s earnings peak is now firmly in the rear-view, according to industry veteran John McCown. https://gcaptain.com/container-shipping-industry-passes-earnings-peak/

10. Tankers: Longer hauls to support continued strength

A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid-September. The clean tanker trade has seen the Baltic Exchange Clean Index (BCTI) increase by 21%. https://www.shippingtribune.com/news/shipping/Tankers%3A+Longer+hauls+to+support+continued+strength

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