InterManager Daily News 07.03.2023.

1. Synergy rolls out new PPE for female crews

Synergy Group is rolling out new tailor-made personal protective equipment (PPE) to its growing number of female seafarers. The Singapore shipmanager, which employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear which was designed by textile engineers in conjunction with female seafarers and maritime safety experts.

2. Korea Development Bank begins process of selling off Hyundai Merchant Marine

Korea Development Bank (KDB) has begun the process of selling management rights to HMM, an oceangoing Korean shipping company. It is seven years since the state-run bank took over the management rights to the company in a liquidity crisis from Hyundai Group in 2016, according to BusinessKorea.

3. Container lines still chartering ships despite drop in cargo demand

With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you might think nobody would be chartering more ships. In fact, the container-ship charter market is far from dead. Charter rates are well off their peaks. Gone are the days when a small container ship could earn $200,000 per day for three months, or a midsize ship could earn $60,000 per day for five years. Yet deals are still getting done.

4. Global CO2 emissions rose less than initially feared in 2022 as clean energy growth offset much of the impact of greater coal and oil use

Global energy-related carbon dioxide emissions rose by under 1% in 2022 – less than initially feared – as the growth of solar, wind, EVs, heat pumps and energy efficiency helped limit the impacts of increased use of coal and oil amid the global energy crisis, according to new IEA analysis published today.

5. Deutsche Telekom achieves worldwide first 5G-connection from stratosphere backhauled over Intelsat’s satellite network

Many people describe their digital state in everyday life as “always on”. Natural disasters in recent years have shown how easily this everyday life can get out of control. Most recently, the earthquake in Turkey. In such a situation, survivors would have decisive advantages if they were still “always on”. But in an emergency, the infrastructure on the ground is often just as affected by the consequences as the people.

6. Viasat launches Cybersecurity Service using Classified Threat Intelligence to help protect U.S. Businesses and Critical Infrastructure

Viasat, a global communications company, today announced the launch of its Trusted Cybersecurity Services (TCS) solution, a hosted intrusion detection service that integrates classified government threat intelligence to identify existing, potential and emerging threats on an organization’s network. The service leverages cyber threat intelligence provided by the U.S. Department of Homeland Security (DHS) through the Cybersecurity and Infrastructure Agency (CISA) Enhanced Cybersecurity Services (ECS) program to help protect U.S.-based organizations from malicious cyber threats.

7. Ukraine pressures Greek owners to stop moving Russian oil

The Ukrainian government is attempting to put pressure on some famous names in Greek shipping who continue to trade with Russia. George Economou’s TMS Tankers, George Prokopiou’s Dynacom Tankers along with Andreas Martinos’s Minerva Marine, Nikolas Maritnos’s Thenamaris, and Diamantis Diamantidis’s Delta Tankers have been added to the list on the War and Sanctions website created by the Ukrainian government as possible candidates for sanctions as have three high-level individuals from the Liberian Registry.

8. Container Ship Refloated In Suez Canal After Breakdown

A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal Authority said.

The authority said in an earlier statement that the MSC ISTANBUL, smiling under the flag of Liberia, became stranded while transiting the canal on its way from Malaysia to Portugal.

9. Nations Secure U.N. Global High Seas Biodiversity Pact

Negotiators from more than 100 countries completed a U.N. treaty to protect the high seas on Saturday, a long-awaited step that environmental groups say will help reverse marine biodiversity losses and ensure sustainable development. The legally binding pact to conserve and ensure the sustainable use of ocean biodiversity, under discussion for 15 years, was finally agreed after five rounds of protracted U.N.-led negotiations that ended in New York on Saturday, a day after the original deadline.

10. S&P affirms Adani International Container Terminal’s issue rating at ‘BBB-‘

Standard and Poor’s (S&P) has affirmed Adani International Container Terminal Pte Ltd’s (AICTPL’s) issue rating at “BBB-”. This comes as revision in norms does not affect the credit profile of the entity. On December 14, 2022, S&P Global Ratings had published revised criteria for rating project finance transactions. The criteria update does not affect our assessment of the credit profile of AICTPL, the rating agency said in a statement.


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