1. Shipping needs strict deadlines to boost decarbonisation, says Precious Shipping Managing Director Khalid Hashim. Expediting shipping industry’s decarbonization pathway warrants harsh regulatory intervention, uniform global rules with strict deadlines, and an entire eco-chain that fosters the adoption of zero-carbon fuels such as ammonia, Precious Shipping Limited, or PSL, MD Khalid Hashim said. https://cyprusshippingnews.com/2023/05/10/shipping-needs-strict-deadlines-to-boost-decarbonisation-says-precious-shipping-managing-director-khalid-hashim/
2. “Stop, Think, Stay Alive” – understanding the risks in mooring operations. Among International Group P&I Clubs, there have been 858 injuries and 31 fatalities involving mooring operations during the five-year period to 2021. In order to raise the awareness of mooring safety, the International Group launched a mooring operation safety video accompanied by guidance materials highlighting the factors and influencing circumstances on human performance in the lead up to and during mooring operations. https://cyprusshippingnews.com/2023/05/10/stop-think-stay-alive-understanding-the-risks-in-mooring-operations/
3. Women in Transport launches groundbreaking equity index project. Women in Transport, a non-profit organisation dedicated to promoting diversity and equity in the transport sector, is launching a groundbreaking initiative to promote gender diversity and equity in the transport industry. This project will be an innovative cross-sectoral index from data collected across the transport community. The survey will begin in June and run for two months, with its headline report scheduled for release during London International Shipping Week in September 2023. The full report will be launched at WiT’s Winter Reception.https://cyprusshippingnews.com/2023/05/10/women-in-transport-launches-groundbreaking-equity-index-project/
4. Stena Line at Transport Logistic 2023 demonstrating a sustainable European logistics network. New intermodal connections, the latest updates on route network and fleet, and a clear sustainability strategy – the Stena Line team is looking forward to meeting new and existing partners and customers to discuss tomorrow’s logistics solutions at the Transport Logistic event in Munich 9-12 May! https://cyprusshippingnews.com/2023/05/10/stena-line-at-transport-logistic-2023-demonstrating-a-sustainable-european-logistics-network/
5. Austal engages Engineers Australia to offer global best practice workforce credentials to Australian engineers. Austal Australia has signed a three-year contract with Engineers Australia for the provision of support that will see global best practice workforce credentialing and membership offered to all Australian based engineering employees.Under the contract, Austal Australia has initially enrolled 55 of the company’s degree qualified, industry experienced engineers into Engineering Australia’s Chartership, that will lead them to national and internationally recognised certification of skills at the highest technical level. https://cyprusshippingnews.com/2023/05/10/austal-engages-engineers-australia-to-offer-global-best-practice-workforce-credentials-to-australian-engineers/
6. IFCHOR Galbraiths taks over Norway’s Uno Offshore. IFCHOR Galbraiths has made its first acquisition following a major shipbroking merger.The international broking powerhouse is buying Norwegian offshore specialist Uno Offshore for an undisclosed sum to add oil and gas offshore brokerage services.Moving forward, UNO Offshore, founded in 2010 by Hans Christensen, will be renamed IG Offshore. The company has a seven-strong team based in Bergen and Haugesund providing chartering, newbuild, sale and purchase, research and consulting services. https://splash247.com/ifchor-galbraiths-taks-over-norways-uno-offshore/
7. D’Amico swoops for second leased MR tanker this month. Italy’s d’Amico International Shipping has exercised a second purchase option this month taking back ownership of another bareboat chartered-in MR product tanker.The Milan-listed firm is adding the 2015-built High Trader to its owned list for a price tag of around $21.6m. The 49,990 dwt ship, VesselsValue estimates as worth 37.3m, will change ownership in July. https://splash247.com/damico-swoops-for-second-leased-mr-tanker-this-month/
8. Cluster of Chinese Vessels Spotted Near Russian Rig off Vietnam – Ship Monitors. Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered a gas block operated by Russian and Vietnamese state firms, two monitoring groups said, another potential flashpoint in the South China Sea.It follows a pattern of assertive moves of late by Beijing in its neighbors’ exclusive economic zones (EEZ), as it presses its claim to sovereignty over almost the entire South China Sea, testing the United States and its allies at a time of heightened regional tension. https://gcaptain.com/cluster-of-chinese-vessels-spotted-near-russian-rig-off-vietnam-ship-monitors/
9. Shell Wins UK Supreme Court Case on 2011 Oil Spill Off Nigerian Coast. The UK Supreme Court ruled on Wednesday that it was too late for Nigerian claimants to sue two Shell SHEL.L subsidiaries over a 2011 offshore oil spill they say had a devastating long-term impact on the coastal area where they live.The case was one of a series of legal battles Shell has been fighting in London courts against residents of Nigeria’s oil-producing Niger Delta, a region blighted by pollution, conflict and corruption related to the oil and gas industry. https://gcaptain.com/shell-wins-uk-supreme-court-case-on-2011-oil-spill-off-nigerian-coast/
10. Baltic index rises on strong capesize, supramax demand. The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, aided by higher rates for capesize and supramax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 40 points, or 2.6%, to its highest in eight weeks at 1,598.The capesize index was up 125 points, or 5.2%, at 2,509 — its highest since Dec. 22. https://www.shippingtribune.com/news/shipping/Baltic+index+rises+on+strong+capesize%2C+supramax+demand
InterManager Daily News 12.05.2023.
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