InterManager Daily News 26.05.2023.

1. InterManager urges European Commission to employ ‘polluter pays’ principle to ensure environmental policy hits its mark. Ship managers are urging the European Commission to follow the ‘polluter pays’ approach when finalising legislation intended to reduce greenhouse gas emissions from shipping in European waters.They have highlighted concerns that proposed legislation could miss its mark if it holds ship management firms accountable for emissions reductions rather than target the parties who control key pollution-related aspects of ship operation such as fuel, machinery and vessel speed. https://cyprusshippingnews.com/2023/05/24/intermanager-urges-european-commission-to-employ-polluter-pays-principle-to-ensure-environmental-policy-hits-its-mark/
2. WISTA International’s new committee chairs set sail for DE&I in maritime and members surpass 4000 worldwide. WISTA International, the leading organization empowering women in the maritime industry, is proud to announce the official ratification of its Committee chairs for the term 2023-2024. The endorsement was unanimously approved during today’s Executive Committee (ExCo) meeting held in London.In addition to this significant development, WISTA International has achieved a remarkable milestone by surpassing 4000 members worldwide. https://cyprusshippingnews.com/2023/05/24/wista-internationals-new-committee-chairs-set-sail-for-dei-in-maritime-and-members-surpass-4000-worldwide/
3. Monjasa achieves strongest year ever across imbalanced oil and shipping markets. During 2022, the combination of historically strong shipping markets, high volatility and disrupted global trade flows contributed to a dynamic marine fuels market affecting Monjasa Holding A/S positively.The marine fuels supply chain was put to the test in ports around the world, however, with the right organisation and maritime operations in place, Monjasa was able to support customers and suppliers during critical moments. https://cyprusshippingnews.com/2023/05/24/monjasa-achieves-strongest-year-ever-across-imbalanced-oil-and-shipping-markets/
4. ScanReach appoints Sven Brooks as Chief Executive Officer and Geir Utne Berg as Chief Finance Officer. ScanReach, a global leader in wireless connectivity at sea, is pleased to announce the permanent appointment of Sven Brooks as Chief Executive Officer, effective immediately. Sven brings with him a wealth of knowledge and experience in the maritime and technology sectors, further solidifying ScanReach’s position as a pioneer in on-board wireless connectivity. He has spent the last 20+ years working for multinational corporations in various senior leadership positions in the maritime sector. https://cyprusshippingnews.com/2023/05/24/scanreach-appoints-sven-brooks-as-chief-executive-officer-and-geir-utne-berg-as-chief-finance-officer/
5. Hanwha Ocean determined to become global leader in Maritime, Energy. At an extraordinary general meeting held on the morning of May 23, Daewoo Shipbuilding & Marine Engineering (DSME) passed all agenda items, including the change of the company’s name to “Hanwha Ocean Co., Ltd.,” the amendment of the articles of incorporation, and the appointment of nine new directors.Hanwha became the majority shareholder by securing 49.3% of Hanwha Ocean’s stock, injecting approximately 2 trillion won in capital increase through five of its affiliates, including two subsidiaries of Hanwha Aerospace, Hanwha Systems, Hanwha Impact Partners, and Hanwha Energy. https://cyprusshippingnews.com/2023/05/24/hanwha-ocean-determined-to-become-global-leader-in-maritime-energy/
6. Ørsted moves forward with Europe’s largest e-methanol project. Denmark’s Ørsted has launched construction on what is set to become Europe’s largest e-methanol plant for shipping fuel. Expected to become operational in 2025, the FlagshipONE project in Sweden will produce around 50,000 tonnes of e-methanol per year. Originally developed by the Swedish e-fuels company Liquid Wind, the plant will be located next to Övik Energi’s combined heat and power plant Hörneborgsverket in Örnsköldsvik. https://splash247.com/orsted-moves-forward-with-europes-largest-e-methanol-project/
7. Boudewijn Siemons to step in as interim head of Rotterdam port. Boudewijn Siemons has been appointed interim chief executive officer of the Port of Rotterdam Authority.As the port’s current chief operating officer, Siemons will take over from Allard Castelein, who is stepping down on July 15.Siemons, whose COO term ends in October next year, will combine both positions until a new CEO has been appointed. https://splash247.com/boudewijn-siemons-to-step-in-as-interim-head-of-rotterdam-port/
8. Container Lines Settle with FMC for $2.6 Million. Two container shipping lines, Ocean Network Express (ONE) and Wan Hai Lines, have agreed to pay a total of $2.65 million in civil penalties to resolve seperate allegations of misconduct brought by the Federal Maritime Commission’s Bureau of Enforcement, Investigations, and Compliance (BEIC).The BEIC was created last July as part of a reorganization that combined the FMC’s investigative and prosecution functions following the passing of the Ocean Shipping Reform Act of 2022 (OSRA). https://gcaptain.com/container-lines-settle-with-fmc-for-2-6-million/
9. Bristol Harbor Group to Design Vulcan Centaur Rocket Barge. Bristol Harbor Group Inc. (BHGI) has announced a partnership with United Launch Alliance (ULA) to create a roll-on/roll-off barge for their Vulcan Centaur Rockets. The manned barge would be able to operate in both river and ocean waters.ULA began development on their Vulcan Centaur Rockets in 2014, with hopes of first flight in July 2023. ULA has a test fire scheduled for later in the week in preparation for the maiden launch. https://gcaptain.com/bristol-harbor-group-to-design-vulcan-centaur-rocket-barge/
10. Baltic index hits over two-month trough on lower rates across vessels. The Baltic Exchange’s main sea freight index slumped to its lowest level in over two-months on Tuesday as rates across all vessel segments declined.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell for a ninth straight session, dropping 17 points, or 1.3%, to 1,348 points – its lowest level since March 8.The capesize index was down 25 points, or 1.2%, at 2,040 points and hovered close to a one-month low.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, fell $204 to $16,922. https://www.shippingtribune.com/news/shipping/Baltic+index+hits+over+two-month+trough+on+lower+rates+across+vessels