InterManager Daily News 06.04.2023.

1. LR and ICS enter partnership to invest in crew insight software. Lloyd’s Register has acquired a 50% interest in ISF Watchkeeper, the leading work and rest hours compliance software solution from IT Energy Systems and Consulting Limited. The acquisition will result in LR becoming a joint owner of ISF Watchkeeper with the International Chamber of Shipping (ICS). The partnership that will combine the pair’s formidable compliance and industry expertise to improve crew and environmental safety standards in the maritime industry.
2. Positive sentiment in most shipping segments says Clarkson Research. Although our overall market “barometer”, the ClarkSea day rate index, has eased back in the past six months, it remains at an extremely robust $29,000/day in late March (10yr average: $16,000/day) with a particularly strong position across “energy” related shipping , a now “normalised” container market and generally positive sentiment despite “vulnerabilities” in the global economy.
3. Hanwha Group gets nod from EU to buy Daewoo Shipbuilding. Hanwha Group received approval from the European Union on its plan to buy Daewoo Shipbuilding & Marine Engineering Co., one of South Korea’s three biggest shipbuilders, bringing the conglomerate closer to completing the deal. According to multiple sources in the industry on Monday, the European Commission approved the acquisition on March 31. The decision was made earlier than expected as the preliminary review results were originally slated to be notified on April 18.
4. Vitol’s VB Bunkers unveils first Electric Hybrid Bunker Tanker in Singapore. Vitol’s Singaporean bunker operations company, V-Bunkers, has announced that they will be taking delivery of its first electric-hybrid bunker tanker, MARINE CHARGE. Classed by Bureau Veritas, a world leader in testing, inspection and certification, the electric-hybrid bunker tanker features advanced energy storage and charging technologies that will help curb greenhouse gas emissions from port operations in Singapore.
5. Air France, KLM and CMA CGM officially launch their long term strategic air cargo partnership. Air France-KLM and the CMA CGM Group announced today the effective launch of the long-term strategic air cargo partnership they made public in May 2022. This partnership will have an initial duration of 10 years and will see Air France-KLM Martinair Cargo, part of Air France-KLM Group, and CMA CGM Air Cargo, part of the CMA CGM Group, combine their complementary cargo networks, full freighter capacity and dedicated services to build an even more compelling offering thanks to their unrivalled knowhow and global footprint.
6. UMAS report details green priorities for shipping this decade. UMAS, a commercial advisory service affiliated with the UCL Energy Institute at University College London, has issued a report looking at the ways in which a 1.5ÂşC-aligned pathway could be achieved, providing some scenarios for the respective role of fuel substitution and energy efficiency in meeting 2030 reduction targets.
7. The legal pitfalls of befriending stowaways. A male stowaway discovered on the Iraklis freighter before its arrival at Gijon, Spain, in late March 2023 may have tried convincing the crewmembers that found him not to alert the ship’s captain. If so, the 58-year-old Colombian who boarded the ship at a previous port call during its voyage from Barranquilla, Colombia, failed miserably.
8. Port of New York and New Jersey Regains Status as Busiest Container Port in US. The Port of New York and New Jersey has officially regained its status as the busiest container port in the United States.Despite a traditionally slow period for US ports in February, the Port of New York and New Jersey managed to move 571,177 TEUs (twenty-foot equivalent units) of cargo in February, surpassing West Coast rivals such as the Port of Los Angeles and the Port of Long Beach by more than 83,000 TEUs and 27,000 TEUs, respectively.
9. Capesize Second-Hand Ship Prices Surge Amid Chinese Economic Recovery. Capesize second-hand ship prices experienced a significant surge in March due to China’s economic recovery, according to a new report from the Baltic and International Maritime Council (BIMCO).Filipe Gouveia, a shipping analyst at BIMCO, said that five-year-old second-hand prices rallied 22% month-on-month, reaching USD 54 million by the end of the month.
10. Baltic index extends gains on firm larger vessels demand. The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Tuesday supported by higher rates for larger vessel segments, especially capesizes. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 61 points, or about 4.3%, to 1,473 – its biggest daily percentage rise in three weeks.


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