InterManager Daily News 29.12.2022.

1. Second LPG Dual-Fuel VLGC for Astomos Named “Lantana Planet”

On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world’s pre-eminent liquefied petroleum gas (LPG) company. https://cyprusshippingnews.com/2022/12/28/second-lpg-dual-fuel-vlgc-for-astomos-named-lantana-planet/

2. Hanwha Group promoting takeover of STX Heavy Industries

Hanwha Group is reportedly seeking to acquire STX Heavy Industries, a ship engine manufacturer. The group has recently signed the main contract to acquire Daewoo Shipbuilding & Marine Engineering (DSME). It is pursuing additional M&A deals to increase synergies in its shipbuilding business. https://cyprusshippingnews.com/2022/12/28/hanwha-group-promoting-takeover-of-stx-heavy-industries/

3. Mitsubishi Electric and Mitsubishi Heavy Industries reach a basic agreement to start detailed studies for business integration for Power Generator Systems

Mitsubishi Electric Corporation and Mitsubishi Heavy Industries, Ltd. announced that the two companies have reached a basic agreement to establish a joint venture to integrate their businesses in fields focused on power generator systems. It is expected that Mitsubishi Electric will be the majority shareholder and Mitsubishi Heavy Industries will be the minority shareholder of the new company. https://cyprusshippingnews.com/2022/12/28/mitsubishi-electric-and-mitsubishi-heavy-industries-reach-a-basic-agreement-to-start-detailed-studies-for-business-integration-for-power-generator-systems/

4. Drone flight demonstration test conducted using LTE communications trial in Niigata Prefecture, Japan

Drone Flight Demonstration Test Conducted Using LTE Communications

Trial in Niigata Prefecture, Japan aimed to prevent natural gas pipeline accidents by automating patrols using uncrewed autonomous vehicles with CoasTitan® https://cyprusshippingnews.com/2022/12/28/drone-flight-demonstration-test-conducted-using-lte-communications-trial-in-niigata-prefecture-japan/

5. Japanese firm JERA signed agreement for the Sale and Purchase of LNG from the Oman LNG Project

JERA has signed a key term sheet for the sale and purchase of LNG with Oman Liquefied Natural Gas LLC (“Oman LNG”) . Based on the key term sheet, JERA will purchase up to 12 cargoes (Approx. 0.8 million tons) per year of LNG produced from the Oman LNG project from 2025 for 10 years. https://cyprusshippingnews.com/2022/12/28/japanese-firm-jera-signed-agreement-for-the-sale-and-purchase-of-lng-from-the-oman-lng-project/

6. Diana Shipping fixes bulkers to Western Bulk and Glencore’s ST Shipping

Greece’s Diana Shipping has landed two new time charter deals worth at least $5.77m. The Semiramis Paliou-led owner of 43 bulkers has fixed its recently delivered ultramax DSI Altair, former STH Sydney, to Western Bulk and its panamax Ismene to Glencore’s ST Shipping and Transport. https://splash247.com/diana-shipping-fixes-bulkers-to-western-bulk-and-glencores-st-shipping/

7. PGS secures large Norwegian Sea survey

Norwegian seismic player PGS has landed industry pre-funding for a large multi-client survey in the Norwegian Sea. The survey will be acquired by one of PGS’ Ramform Titan-class vessels over two seasons. Mobilisation for the first season is set for the second quarter of 2023, with completion of the survey expected during summer 2024. https://splash247.com/pgs-secures-large-norwegian-sea-survey-2/

8. Container Dwell Times Return to Pre-Pandemic Levels at Los Angeles and Long Beach Ports

Dwell times for local containers at the ports of Los Angeles and Long Beach have returned to pre-pandemic levels, reflecting improving congestion conditions amid a steep drop in inbound containers. Container dwell time refers to the amount of time a container stays at a marine terminal after it is unloaded from a ship and taken off the premises by either truck (local) or rail. https://gcaptain.com/container-dwell-times-return-to-pre-pandemic-levels-at-los-angeles-and-long-beach-ports/

9. USCGC Polar Star Heads to Antarctica on Icebreaking Mission

The U.S. Coast Guard’s heavy icebreaker USCGC Polar Star (WAGB 10) has begun its journey across the Southern Ocean to Antarctica for its annual resupply mission. The icebreaker departed Hobart, Australia on December 21 in support of Operation Deep Freeze 2023, a joint military service mission to resupply U.S. National Science Foundation research stations in Antarctica. https://gcaptain.com/uscgc-polar-star-heads-to-antarctica-on-icebreaking-mission/

10. Russian sanctions, demand uncertainty create conflicting crude tanker environment

The Americas dirty tanker markets will continue to face a bullish yet uncertain 2023 as increased ton-mile demand induced by Russian oil sanctions couples with an ever-shifting crude demand landscape to drive tanker market direction.

https://www.shippingtribune.com/news/shipping/Russian+sanctions%2C+demand+uncertainty+create+conflicting+crude+tanker+environment

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