InterManager Daily News 09.06.2023.

1. The Cyprus Maritime Academy and Intercollege offer 20 scholarships for the ” Bachelor’s Degree in Nautical Science” The “Cadet Scholarship Program” has been designed for prospective cadet-students who wish to pursue a career at sea as deck officers. It is a joint effort of the shipping industry, the Cyprus Maritime Academy, and Intercollege, with the aim of making the profession of Merchant Marine officer more widely accepted and accessible, as well as an important career choice for the young men and women who will constitute the next generation of the Cypriot and International Shipping industry.
2. Ardmore Shipping gets carbon capture ready with Value Maritime’s emissions reducing technology Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon capture ready for collecting CO2 emissions onboard in the future are Ardmore Engineer, Ardmore Exporter and Ardmore Seavanguard. Taking place during regularly scheduled drydocks, the Filtree units will be installed in the first quarter of 2024 at yards in Asia. Timing installations in this way ensures zero disruption to the commercial activities of Ardmore’s vessels.
3. Shipping losses hit a record low in 2022, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges say Allianz. Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Improvements have been significant over the past decade, culminating in the sector reporting a record low number of large ships lost over the past year. However, a combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonization challenges, economic uncertainty, as well as the rising cost of marine claims, means the sector still has plenty of obstacles to navigate over the next 12 months and beyond, according to insurer Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2023.
4. US refineries face operational, workforce risks from delayed planned maintenance The coronavirus pandemic may be officially over, but the longer-term impacts are lingering in the US refining sector, which has seen a spate of accidents over the past nine months. Some industry players put the onus of recent refining accidents and emissions events on plant maintenance delayed by the coronavirus in 2020, compounded by a return of demand in 2021 as lockdowns ended, S&P Global reported.
5. Baltic dry bulk index sees worst week in nearly five months The Baltic exchange’s main sea freight index extended losses for the 16th straight session on Friday and were on track for its biggest weekly decline since early January.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 18 points, or 1.9%, to its lowest in more than three months at 919.The main index was down 21.6% for the week – its lowest since the week ending Jan. 6.
6. Futuristic looking ammonia gas carrier project moves ahead at Nor-Shipping Yesterday classification society DNV awarded the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in collaboration with Nordic Green Ammonia Powered Ships (NoGAPS) partners BW Epic Kosan, Yara, MAN Energy Solutions, Wärtsilä, Global Maritime Forum and Breeze Ship Design an approval in principle (AiP) for the design of the futuristic looking gas carrier.
7. Shipping and climate: all hands on deck Dr Simon Bullock writes for Splash today, with analysis from researchers at the Tyndall Centre, University of Manchester, on shipping climate targets ahead of the upcoming MEPC80 at the IMO.When sailing directly into a dangerous storm, timely decision-making and decisive action is understandably essential. Delaying a change in direction risks taking longer to reach safe harbour, and taking more of a beating before limping into port. This also applies when facing up to climate change.
8. Seafarer labour market tightness at highest levels recorded Officer supply shortage has hit an all-time high and is unlikely to improve, resulting in manning cost inflation, according to the latest published by shipping consultants Drewry.Drewry said the 2023 officer availability gap has widened to a deficit equating to about 9% of the global pool, up from last year’s 5% shortfall and the highest level since it first started analysing the seafarer market 17 years ago.
9. Smoke Closes Container Terminals at U.S. East Coast’s Busiest Port York and New Jersey closed early Wednesday as thick smoke from Canadian wildfires engulfed the region. Today, 6/7 APMT, MAHER, PNCT, GCT Bayonne & Columbia operations will stop & gates will be closed at 3PM due to poor air quality. Normal operations tomorrow 6/8,” the U.S. East Coast’s busiest port said in a Tweet.
10. Legal Perspective on Carriage of Dangerous Cargoes With Special Emphasis on Coal: Mr. David Morriss The Shipping Tribune is pleased to announce “Asia Dry Bulk Cargo Summit 2023” is being organised on 16th June 2023 at Holiday Inn, Mumbai. The organisers are delighted to announce that Mr. David Morriss, Partner, LCI Law will be addressing the business leaders and stakeholders at the Summit. He will be delivering a presentation and talk on “Legal Perspective on Carriage of Dangerous Cargoes With Special Emphasis on Coal” Mr. David Morriss has been a regular speaker in various National & International conferences and is a very well-known name in the maritime trade.


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