InterManager Daily News 27.02.2023.

1. BSM partners with ISWAN to provide company-wide Maritime Mental Health Awareness training to crew

The partnership will see ISWAN’s experienced network of Associate Trainers deliver six training sessions per month over a two-year period to officers on BSM-managed vessels. BSM is fully committed to ensuring that its officers are equipped with the essential skills and knowledge needed to be effective leaders, but the programme’s learnings will expand beyond officers to benefit all ranks of BSM’s crew.

2. LNG Terminal in Vasilikos to be completed by October 23 while work on the jetty begins

Work for the construction of a jetty, as part of the Liquefied Natural Gas (LNG) Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun. At the same time, the preparation of an FSRU vessel which will be moored to the jetty and will allow LNG to reach the Cypriot market is in an advanced stage in Shanghai. The construction company has submitted a new timetable for the completion of the project, until the end of October 2023, according to an update of the project’s progress on Wednesday, to the relevant government departments and services.

3. KVH TracNet recognised with the 2023 SMART4SEA Connectivity Award

Leading maritime industry organization SAFETY4SEA recognises TracNet hybrid solution for its contributions to vessel connectivity At the seventh annual SMART4SEA Awards ceremony, the SAFETY4SEA organization presented its 2023 SMART4SEA Connectivity Award to KVH Industries, Inc. (Nasdaq: KVHI) and its groundbreaking TracNet™ hybrid connectivity terminals and KVH ONE™ global network.

4. Round Table prioritises Seafarers at first in-person meeting since COVID

The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew their collaboration, in the first physical meeting since 2019. The leaders of the major shipping industry trade associations: Paolo d’Amico, Chairman of INTERTANKO, Sabrina Chao, President of BIMCO, Dimitrios Fafalios, Chairman of INTERCARGO, and Emanuele Grimaldi, Chairman of the International Chamber of Shipping, addressed a full agenda.

5. Supply-Chain headaches ease for many companies

The benefits are being felt most among importers of finished goods, such as game company Hasbro Inc., Sharpie pen maker Newell Brands Inc. and sportswear manufacturer Under Armour Inc., whose executives on recent earnings calls pointed to the supply chain as a bright spot among darker clouds from rising interest rates and a pullback in consumer spending.

6. Largest wind-assisted shortsea roro returns to service

The 2018-built vessel is the first in the CLdN fleet to be fitted with the system and will return to service from Zeebrugge, Belgium, as from February 27. Delphine, which transits between the UK, Ireland and mainland Europe, is the largest shortsea roro with a cargo capacity of over 8,000 lane meters. It is also one of the most fuel-efficient in its class with 28 grammes of CO2 emitted per tonne of cargo shipped per km travelled.

7. How shipping navigated its way through 12 months of war in Ukraine

3.40 am Kyiv time a year ago. War started by air, land, and sea. Immediately global trade suffered dislocations that have swollen over the ensuing 12 months with no end in sight to the combat between Ukraine and Russia.

Seafarers have died in the crossfire around the Black Sea, many more have been pressed into service on the ground in Ukraine, and global shipping is braced for accidents as vintage vessels join the fast-growing dark fleet, trading under the radar with worrying safety concerns.

8. Brazil’s FTS Group Wins Auction For Paranagua Grains Port Terminal

FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in Brazil for grains and sugar, amid an uptick in shipping activity in the country. The group will have to invest at least 338.2 million reais ($64.91 million) in expansion works at the port’s terminal called PAR50, which deals with transport and storage of bulk liquids, said Portos do Parana, which manages ports in the southern Brazilian state of Parana.

9. Baltic Index snaps seven-week losing streak

The Baltic Exchange’s main sea freight index snapped its seven-week long losing streak and posted its second-biggest weekly jump ever on Friday, as rates for all vessel segments rebounded. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 67 points, or about 8.2%, at 883, an over one-month high.

The main index rose about 64% for the week, the biggest gain since mid-June 2020.

10. Russia & India Introduce Direct Novorossiysk – Mumbai Shipping Route

The company stated that “FESCO Indian Line operates on the route Novorossiysk-Ambarli (Turkey)-Nhava Sheva (India)-Mundra (India) and back. The main cargo traffic on this service is food products, cellulose, polymer materials and others. Hazardous cargo is also accepted for shipping.” The Nhava Sheva and Mundra ports are parts of the overall Mumbai port complex. The city is India’s commercial hub possessing an affluent consumer population in its own right as well as rail and road transport networks to the rest of the country.


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