InterManager Daily News 12.07.2023.

1. Waypoint Port Services opens office in the Philippines. In prioritising Waypoint Port Services efforts to be close to core clients, the company announced the establishment of WAYPOINT PORT SERVICES (PHILIPPINES) INCORPORATED, with the local head office based in MANILA. This new investment emphasizes the importance the company gives to being close to crewing and ship management companies, considering that they perform over 3 crew changes per hour globally daily. https://cyprusshippingnews.com/2023/07/10/waypoint-port-services-opens-office-in-the-philippines/
2. Wärtsilä Automation, Navigation and Control Systems’ selects Fleet Xpress for AHTI‘ floating laboratory’ Inmarsat Maritime, a Viasat business, will connect Wärtsilä ANCS’s new floating laboratory, AHTI, and its shore operations, to support the data exchange for advanced technology testing and the ship’s day to day operations. Inmarsat Maritime’s award-winning Fleet Xpress connectivity will be packaged with unlimited back-up from FleetBroadband to meet all the demonstrator’s needs. https://cyprusshippingnews.com/2023/07/10/wartsila-automation-navigation-and-control-systems-selects-fleet-xpress-for-ahti-floating-laboratory/
3. Emissions data tracking key to EU ETS and CII cost management. Shipping companies will need systems in place to manage costs and compliance in future as they face higher financial exposure from the EU’s Emissions Trading System (EU ETS), as well as new regulations such as CII. With trusted, verified emissions data and a dynamic decarbonization plan DNV supports the industry to manage financial risks.Requirements to reduce emissions will have a significant impact beyond regulatory compliance as they will also affect economic factors such as operating costs, balance sheet risk, commercial attractiveness, earnings capacity, access to capital and asset values, as well as financial control. https://cyprusshippingnews.com/2023/07/10/emissions-data-tracking-key-to-eu-ets-and-cii-cost-management/
4. Romanian port key for Ukraine grain faces overflow as Black Sea deal on edge. Ukraine’s on-off Black Sea grain deal has made the nearest port of Constanta in neighbouring Romania a key alternative that is set for volumes doubling its record years and months of delays with a domestic crop looming, industry experts and traders said. Ukraine, one of the world’s leading grain and oilseed exporters, saw its Black Sea ports blocked after Russia’s invasion in February 2022. https://cyprusshippingnews.com/2023/07/10/romanian-port-key-for-ukraine-grain-faces-overflow-as-black-sea-deal-on-edge/
5. ILO supports Indonesia’s joint labour inspection in the fishing sector to prevent forced labour at sea. The ILO through its 8.7 Accelerator Lab programme has supported Indonesia to improve working conditions of fishers and prevent forced labour through the establishment of joint labour inspection system and strengthened coordination between labour and fisheries inspectors. The fishing sector is one of the most important sectors for Indonesia. Indonesia is one of the largest countries of origin of fishers, one of the largest fish producers and one of the most fish-dependent nations in the world. Producing over 7 million tons of fish every year, 2.1 million workers are employed in wild capture fisheries alone. https://cyprusshippingnews.com/2023/07/10/ilo-supports-indonesias-joint-labour-inspection-in-the-fishing-sector-to-prevent-forced-labour-at-sea/
6. DHT seals funds for latest VLCC purchase. DHT Holdings has revealed a new secured credit facility that will be used to finance recently acquired modern VLCC. End-May, the New York-listed company landed a scarce secondhand capture of a 2018-built VLCC, Maria P Lemos, for $94.5m. The owner of 24 VLCCs has now secured $45m, with Dutch bank ING as agent, to back the deal struck with Greece’s Enesel Shipping. https://splash247.com/dht-seals-funds-for-latest-vlcc-purchase/
7. North Korea Denounces US Move To Bring Ballistic Missile Submarine To Peninsula. North Korea denounced on Monday what it called a move by the United States to introduce a nuclear missile submarine to waters near the Korean peninsula, saying it creates a situation that brings a nuclear conflict closer to reality. North Korea also claimed U.S. reconnaissance planes recently violated its air space near the east coast, quoting an unnamed spokesperson of its Ministry of National Defence in a statement carried by the official KCNA news agency. https://gcaptain.com/north-korea-denounces-us-move-to-bring-ballistic-missile-submarine-to-peninsula/
8. Canadian Port Strike Talks Resume, Supported By Federal Mediators. Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away from the negotiation table, a statement on Saturday by the British Columbia Maritime Employers Association (BCMEA) showed. The BCMEA and the International Longshore and Warehouse Union Canada (ILWU Canada) met on Saturday, supported by federal mediators, the statement said. The talks had stalled on Tuesday and the two sides broke off negotiations. https://gcaptain.com/canadian-port-strike-talks-resume-supported-by-federal-mediators/
9. IMO agrees net-zero goal, confirms GHG pricing and new fuel rules development. The International Maritime Organization announced July 7 tightened decarbonization targets for shipping, as well as confirming the development of new fuel standards and a pricing mechanism for greenhouse gas emissions, but industry stakeholders said the compromise deal might fail to accelerate emissions reductions sufficiently. Following a week of discussions at the Marine Environment Protection Committee, IMO member states adopted a revised GHG reduction strategy that includes an eventual goal of reaching net-zero emissions from international shipping “close to” 2050 on a life-cycle basis. https://www.shippingtribune.com/news/shipping/IMO+agrees+net-zero+goal%2C+confirms+GHG+pricing+and+new+fuel+rules+development
10. China miners seek coal import curbs to ease glut. China’s coal inventories are so bloated and coal prices so depressed that some of the country’s miners have cut production and called for a halt to imports, despite a scorching heatwave stoking power demand for cooling. Scarred by a coal supply crunch and power crisis in 2021 and wary of energy insecurity risks triggered by the Ukraine war, Beijing urged miners to boost production, approved new mines and encouraged imports, which has led to record stockpiles. https://www.shippingtribune.com/news/shipping/China+miners+seek+coal+import+curbs+to+ease+glut