1. Klaveness on course to introduce a new generation of low carbon, zero-emission fuel prepared, CABU vessels. A subsidiary of Klaveness Combination Carriers has entered into a Letter of Intent (LOI) with Jiangsu New Yangzi Shipbuilding Co. Ltd (āYZJā) for construction of three third generation (āCABU IIIā) vessels for delivery in the period Q1-Q3 2026. The modern CABU III newbuilds will incorporate Klavenessā decades of experience, deliver large improvements in energy efficiency, and bring KCC closer to offer a zero-emission service to its customers. https://cyprusshippingnews.com/2023/05/26/klaveness-on-course-to-introduce-a-new-generation-of-low-carbon-zero-emission-fuel-prepared-cabu-vessels/
2. New chairman at Danish Shipping. There was a new captain on the bridge as Danish Shipping held its general assembly this morning at Copenhagen Contemporary on RefshaleĆøen.Torben Carlsen, CEO of DFDS, was unanimously elected by the general assembly and took the helm from Jacob Meldgaard, CEO of TORM, who stepped down from the chairmanship as planned after four successful years in the position. https://cyprusshippingnews.com/2023/05/26/new-chairman-at-danish-shipping/
3. Shipbuilding ā Ship prices rising on energy transition and stricter regulations. Investment points for the shipbuilding sectors include: 1) rising newbuilding prices; and 2) order backlog growth (sales basis). In 2023, a slot shortage is likely to result in a decline in absolute order volume at domestic shipbuilders, but it should also lead to price hikes. Newbuilding prices should continue to rise after 2023, led by LNG carriers. Despite price hikes, order backlogs (sales basis) are steadily rising. https://cyprusshippingnews.com/2023/05/26/shipbuilding-ship-prices-rising-on-energy-transition-and-stricter-regulations/
4. Neptune Energy starts gas production at Adorf Z17 well Germany. Neptune Energy announced first production from its operated Adorf Z17 gas well in the municipality of Georgsdorf, north western Germany.The Z17 well ā in the Carboniferous formation ā is expected to increase Neptuneās production from the Adorf licence by 1,800 barrels of oil equivalent per day to around 6,300 boepd.Construction of a dedicated processing plant at the site for treatment of the gas was also completed earlier this year. https://cyprusshippingnews.com/2023/05/26/neptune-energy-starts-gas-production-at-adorf-z17-well-germany/
5. Global container production to slump to 14-year low. Drewry estimates that global box production contracted 71% YoY to 306,000 teu in the first quarter of 2023, the lowest level since the same period of 2010. While some recovery is anticipated through the remainder of the year, full-year output is not expected to exceed 1.8 million teu, the lowest level since the recession-ravaged year of 2009, according to Drewryās Container Equipment Forecaster. https://cyprusshippingnews.com/2023/05/26/global-container-production-to-slump-to-14-year-low/
6. ICS calls on governments to set the course towards a net zero future in July. The International Chamber of Shipping (ICS) has submitted detailed well-thought through proposals to the next round of IMO negotiations. These support the development of a Global Fuel Standard as a technical measure to reduce the Greenhouse Gas (GHG) intensity of marine fuels, targeting 5% by 2030 and with an aggressive tightening of this standard after 2030, developed with industry experts to ensure the standard will work in practice. https://www.shippingtribune.com/news/shipping/ICS+calls+on+governments+to+set+the+course+towards+a+net+zero+future+in+July
7. Ship grounded in Egypt’s Suez Canal, refloat attempts on: Leth Agencies. A ship has grounded in the Suez Canal, “leaving behind” at least four vessels, shipping agent Leth Agencies said early on Thursday.
Suez Canal tugboats are trying to refloat the vessel, named Xin Hai Tong 23, the company said. https://www.shippingtribune.com/news/shipping/Ship+grounded+in+Egypt%27s+Suez+Canal%2C+refloat+attempts+on%3A+Leth+Agencies
8. Ministry and sea ports move to expand shore power. The Ministry of Infrastructure is allocating ā¬140 million over the next few years to help realise shore power plants in sea ports. A further ā¬40 million will be added from the climate fund. By allowing moored vessels to āplug inā, polluting diesel generators on the ships do not have to run while noise pollution is also reduced. https://www.shippingtribune.com/news/shipping/Ministry+and+sea+ports+move+to+expand+shore+power
9. Bollinger Launches Navajo-Class Salvage Ship for U.S. Navy. Bollinger Shipyards has launched the lead ship in the U.S. Navyās new Navajo-Class Towing, Salvage and Rescue Ships (T-ATS).The launch took place last week at Bollingerās Houma Shipyard in Louisiana.The Navajo-class will focus on long-range towing, rescue, and salvage missions for the U.S. Navyās Military Sealift Command, as well as humanitarian assistance, search and rescue, and oil spill response. They will be replacing T-ATF fleet ocean tugs and the T-ARS rescue and salvage ships within the U.S. Navy. https://gcaptain.com/bollinger-launches-navajo-class-salvage-ship-for-u-s-navy/
10. Fish Farm Support Vessel Completes Complex Autonomous Voyage in Norway. A fish farm support vessel has successfully completed what is said to be one of the most complex autonomous maritime voyages ever conducted off the coast of Norway.Technology group Kongsberg Maritime led the test by demonstrating various remote and autonomous technologies aboard the Eidsvaag Pioner, a 2013-built cargo ship owned by Eidsvaag AS and used to supply fish feed to offshore fish farms along the Norwegian coast. https://gcaptain.com/fish-farm-support-vessel-completes-complex-autonomous-voyage-in-norway/
InterManager Daily News 30.05.2023.
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