InterManager Daily News 07.04.2023.

1. BIMCO Shipping Number of the Week. Capesize second-hand prices surge 22% m/m as rates rebound “In March 2023 China’s economic recovery caused a pick-up in capesize freight rates and in sale and purchase activity for this ship type. As a result, five-year-old second-hand prices rallied 22% m/m, reaching USD 54 million by the end of the month,” says Filipe Gouveia, Shipping Analyst at BIMCO. https://cyprusshippingnews.com/2023/04/05/shipping-number-of-the-week-7/
2. NYK joins World Business Council for Sustainable Development. NYK has joined the World Business Council for Sustainable Development , a global community of business sectors to challenge sustainability issues. NYK President Takaya Soga will represent the company as a WBCSD council member. WBCSD is a CEO-led community of over 200 companies from business sectors across the world united by the shared vision of “creating a world in which 9+ billion people are living well, within planetary boundaries, by 2050.” https://cyprusshippingnews.com/2023/04/05/nyk-joins-world-business-council-for-sustainable-development/
3. The Emergence of New Tanker Market Players by VesselsValue. Since the start of the conflict between Ukraine and Russia, a new breed of Tanker owners has emerged. Demand for Tankers increased, and this has caused Tanker freight rates to rise following a long period of stagnation, enticing new players to enter the market. Sanctions on Russian crude oil and clean petroleum products came into force in December 2022 and February 2023 respectively. As a result, this has curbed the trade in Russian crude oil to the West, followed by a shift in trade flow patterns. https://cyprusshippingnews.com/2023/04/05/the-emergence-of-new-tanker-market-players/
4. Xeneta names Yang Ming container industry’s ’emission hero’ for Q4 2022. Analysis of Xeneta’s Carbon Emissions Index has revealed that Yang Ming is the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022. The Taiwanese giant was the industry’s only major player to score below the CEI performance baseline of 100 across all CEI routes. According to the CEI, a unique solution from Xeneta and Marine Benchmark, Yang Ming found the industry’s best balance between sailing speed, fill factor and vessel size. However, seen as a whole, the segment posted mixed results, with some gains offset by poor performances, as the weak market impacted on filling factors, which in turn decreased overall efficiency. https://cyprusshippingnews.com/2023/04/05/xeneta-names-yang-ming-container-industrys-emission-hero-for-q4-2022/
5. Syrian crew die as elderly ship sinks off Turkish coast. A 30-year-old Guinea-Bissau flagged general cargo ship with 14 Syrian crew sank off Turkey’s Mediterranean coast early on Wednesday morning, killing at least three of them. Eight people were rescued while efforts continued to find the other missing crew. The Joe 2, laden with a cargo of aluminium, sank off the coast of Kumluca, in Antalya province, while heading to Ukraine from the Turkish port of Iskenderun. https://splash247.com/syrian-crew-die-as-elderly-ship-sinks-off-turkish-coast/
6. China launches ship inspection campaign in the Taiwan Strait. Commercial maritime traffic along one of the world’s busiest shipping lanes face a tense few days ahead. China’s Fujian maritime safety administration has launched a three-day special joint patrol and inspection operation in the central and northern parts of the Taiwan Strait that includes moves to board ships. The operation runs from Wednesday through Friday this week. https://splash247.com/china-launches-ship-inspection-campaign-in-the-taiwan-strait/
7. First US-Built Offshore Wind SOV Taking Shape in Louisiana. The first offshore wind service operations vessel (SOV) built in the United States is taking shape.The 262-foot long SOV, named ECO Edison, is being built by Edison Chouest Offshore (ECO) at its shipyard in Louisiana.This week, senior executives from Ørsted and Eversource visited the shipyard to tour the progress of the vessel, which is now 50% complete. So far, more than 275,000 work hours have been logged with no lost-time accidents. https://gcaptain.com/first-us-built-offshore-wind-sov-taking-shape-in-louisiana/
8. Vantage Drilling Said to be Weighing Sale. Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with the matter. The offshore drilling contractor is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and Vantage could opt to remain independent, the people added. https://gcaptain.com/vantage-drilling-said-to-be-weighing-sale/
9. Davie Secures Official Role in Canada’s National Shipbuilding Strategy. Davie Shipbuilding, Canada’s largest shipbuilder, has been named an official partner in the country’s National Shipbuilding Strategy (NSS),Davie joins Irving Shipbuilding Inc. in Nova Scotia and Seaspan Shipyards in Vancouver, British Columbia as the third official shipbuilding partner in the program.This agreement includes an initial minimum of $8.5 billion in shipbuilding programs, making it one of the most significant milestones in the Davie’s 200-year history. https://gcaptain.com/davie-secures-official-role-in-canadas-national-shipbuilding-strategy/
10. Latest Wärtsilä engine platform selected for four new Erik Thun tankers. Technology group Wärtsilä will supply the engines for four new 7999 dwt chemical tankers being built for Swedish fleet owner Erik Thun. The ships will be constructed at the Ferus Smit shipyard in the Netherlands. The vessels will operate with the Wärtsilä 25 engine, the future-fuels ready latest addition to the company’s engine portfolio. The order with Wärtsilä was booked as order intake in Q1 2023. https://www.shippingtribune.com/news/shipping/Latest+W%C3%A4rtsil%C3%A4+engine+platform+selected+for+four+new+Erik+Thun+tankers