InterManager Daily News 23.06.2023.

1. “K” LINE donates Ship Scale Model and Photo Panel to Marine Technical College. Kawasaki Kisen Kaisha, announced that it has donated a scale model of the LNG-fueled car carrier it operates, along with a photo panel of the same ship, to the Japan Agency of Maritime Education and Training for Seafarers Marine Technical College, an educational institution for seafarers in Japan.https://cyprusshippingnews.com/2023/05/22/k-line-donates-ship-scale-model-and-photo-panel-to-marine-technical-college/
2. Global Container Ports continue to recover from pandemic era Disruptions yet more Scope for efficiency gains remain. Operational conditions at global ports have improved significantly following the unprecedented levels of disruption triggered by the COVID-19 pandemic, according to the third edition of the global Container Port Performance Index . Globally, ports are continuing to clear backlogs, but additional scope for efficiency gains remain. Further digitalization of port processes and modernization of port infrastructure would improve productivity, customer service and emissions reductions, the data suggest. https://cyprusshippingnews.com/2023/05/22/global-container-ports-continue-to-recover-from-pandemic-era-disruptions-yet-more-scope-for-efficiency-gains-remain/
3. ABS uses Simulation and Modeling to tackle Ammonia’s Safety Challenge. In a pioneering safety development, ABS is using advanced modeling and simulation technologies to develop emergency response methods to assist ports and crew in responding to ammonia leaks or spills. It is the first step towards a comprehensive and fast ammonia release response system, capable of predicting the behavior of an ammonia plume and directing emergency mitigation services accordingly. https://cyprusshippingnews.com/2023/05/22/abs-uses-simulation-and-modeling-to-tackle-ammonias-safety-challenge/
4. SAVE THE DATE for the 1st CSN Cyprus Crewing Conference “Maritime HR challenges in 2023” 21st June Limassol. Recruitment and Crew wellbeing will be at the heart of the 1st CSN Cyprus and Greece Crewing Conference this year – outlining the impacts of recent global events within the industry and how the lives of crew members and their families have been affected by COVID-19. The conference will also welcome topics surrounding various developments within Maritime HR such as changes in regulations and policies, advancements in technology, and the strategies required for promoting and retaining a multicultural crew.https://cyprusshippingnews.com/2023/05/21/save-the-date-for-the-1st-csn-cyprus-crewing-conference-maritime-hr-challenges-in-2023-21st-june-limassol/
5. Further draft restrictions for drought-hit Panama Canal. With rainfall dropping by 50% compared to recent averages from February to April, the Panama Canal Authority has been forced to institute two draft restriction measures, the first this Wednesday followed by another next Monday. Further restrictions are possible with meteorologists warning water depths in Lake Gatun, which is in the centre of the canal, could hit historic lows by July. https://splash247.com/further-draft-restrictions-for-drought-hit-panama-canal/
6. Transworld to take Shreyas private. Dubai’s Transworld Holdings has announced ts intention to voluntarily delist the equity shares of its Indian subsidiary, Shreyas Shipping & Logistics, a container feeder operator. Transworld cited the enhanced operational flexibility, and less costs as reasons to take the boxline private. Under Indian stock market rules, Transworld can take the line private once it accrues 90% of the shareholding. It currently controls 70.44%. https://splash247.com/transworld-to-take-shreyas-private/
7. Crippling Heat Deepens Asia’s Reliance On Russian Energy. The extreme heat that’s been scorching Asia in recent weeks has produced one clear beneficiary — Russia. As countries across the region scramble to make sure they have enough coal, gas and fuel oil to keep the lights on and air conditioners running, Russian energy being shunned by the West is looking increasingly attractive. https://gcaptain.com/crippling-heat-deepens-asias-reliance-on-russian-energy/
8. South Africa Gets Ready for Legal Fight Over Power Ships. South Africa is prepared for legal fights with environmental groups over the government’s plans to use ship-mounted power plants to resolve the nation’s blackout crisis, the energy minister told the Johannesburg-based Sunday Times. “Environmentalists veto every development they don’t like,” Mineral Resources and Energy Minister Gwede Mantashe told the newspaper. “People can take us to court as many times as they can, we will continue with gas and petroleum exploration.” https://gcaptain.com/south-africa-gets-ready-for-legal-fight-over-power-ships/
9. Oil Supply Won’t Be Affected By Stricter Price Cap Enforcement. The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the European Union and Australia agreed to impose a $60-per-barrel price cap on Russian seaborne crude oil and also set an upper price limit for Russian oil products to deprive Moscow of revenues for its invasion of Ukraine. https://gcaptain.com/oil-supply-wont-be-affected-by-stricter-price-cap-enforcement/
10. Jagan to inaugurate Machilipatnam port construction works on Monday. Chief Minister Y.S. Jagan Mohan Reddy will inaugurate the Machilipatnam port construction works at Manginapudi in Krishna district on May 22 (Monday). It is one of the three non-major ports (Ramayapatnam in Nellore and Moolapeta in Srikakulam district are the other two), being developed by the AP Maritime Board (APMB) at an estimated cost of ?11,465 crore (?5,253 crore and ?6,212 crore in the first and second phases respectively), on a total extent of 3,700 acres. https://www.shippingtribune.com/news/shipping/Jagan+to+inaugurate+Machilipatnam+port+construction+works+on+Monday