InterManager Daily News 17.05.2023.

1. Safe Bulkers continues its upgrade on green retrofits of its fleet of Bulkers. Safe Bulkers announced its unaudited financial results for the three month period ended March 31, 2023. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
2. Marshall Islands Safety Notice -Jiangyin Wolong model “JY40KR” rescue boat. The Republic of the Marshall Islands flag Administration has recently issued a safety notice relating to an accident on board an RMI-registered ship that resulted in the injury of two crew members.The notice states that during a planned drill, the ship’s rescue boat was being lowered to the water with two crew members on board when the release hook support post failed.
3. Sustainability school competition launched by Britain’s largest ports operator. Associated British Ports, the UK’s largest ports group, has launched a sustainability-themed ‘Ready for Tomorrow’ school competition, to encourage pupils living in the coastal communities surrounding its ports to make their schools more sustainable.
4. Cash premiums, margins steady; Singapore inventories ease further. Asia’s fuel oil market was little changed on Thursday, while residual fuel oil stocks at Singapore slid for a fifth consecutive week to six-month lows, with net imports nearly halving from the previous week.Bunkering demand at Singapore had also improved slightly in May so far versus April, trade sources said this week, leading to lower inventories.
5. A friendly face and more: the crucial role of ship visitors in supporting our seafarers. We didn’t quite know what to expect as we followed Charles up the loading ramp of the car carrier MV Morning Christina, midway through loading a consignment of Range Rovers at Southampton Port and greeted the crew member at the security point. We were there as guests of Stella Maris to get a better understanding of the work that ship-visiting charities do and a glimpse of life onboard one of the thousands of ships that visit the UK, carrying goods to and from our shores.
6. SFL seals Volkswagen charter extensions. John Fredriksen-controlled SFL Corporation has sealed a long-term charter extension deal with German carmaker Volkswagen.The New York-listed diversified owner has fixed its 6,500 ceu SFL Composer and SFL Conductor for at least three years, adding around $155m to its fixed-rate charter backlog, which as of March 31 stood at about $3.7bn.
7. Costamare takes its bulker operating platform over the 50-ship mark. New York-listed Greek owner Costamare has bolstered its dry bulk operating platform, Costamare Bulkers Inc. (CBI), taking its fleet over the 50-ship mark since last November. Established to charter in and out bulkers, enter into contracts of affreightment and utilise hedging solutions, CBI has since February, when the owner of 114 vessels announced its Q4 2022 earnings, expanded its chartered-in fleet from 23 to 51 ships.
8. Norwegian Naval Officer Found Guilty of Negligence in Warship’s Collision with Oil Tanker. Norwegian naval officer was found guilty on Monday and sentenced to a two-month suspended jail sentence for negligence leading up to the 2018 collision between a warship he navigated and an oil tanker in which the military vessel sank.Building a replacement for the lost Helge Ingstadfrigate would have cost up to 13 billion crowns ($1.24 billion), the armed forces estimated in a 2019 report.
9. Vineyard Wind Turns to Bubbles to Reduce Noise from Offshore Wind Construction. Vineyard Wind announced a program to test deploying an innovative bubble curtain to help reduce noise pollution during offshore wind foundation installation. The test will be run alongside ThayerMahan, which specializes in seabed surveys, acoustic mitigation and monitoring.
10. Wärtsilä LNG reliquefaction retrofit contract reduces costs and emissions. Technology group Wärtsilä will supply the reliquefaction system for a retrofit project on an LNG carrier vessel converted to operate as a floating storage unit (FSU). The vessel, the ‘Energos Grand’ is owned by Connecticut, USA based operator Energos Infrastructure, and is being chartered by New Fortress Energy. The order was booked by Wärtsilä in March 2023


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