InterManager Daily News 13.07.2023.

1. The Cyprus Shipping Chamber welcomes IMO decisions taken to reach a net-zero GHG emissions target by 2050. The Chamber welcomes the decisions taken last week at the meeting of the 80th Session of the IMO Marine Environment Protection Committee, on the 2023 IMO Strategy on Reduction of Green House Gas Emissions from Ships, that will see the shipping industry reach a net-zero GHG emissions target by 2050. https://cyprusshippingnews.com/2023/07/11/the-cyprus-shipping-chamber-welcomes-imo-decisions-taken-to-reach-a-net-zero-ghg-emissions-target-by-2050/
2. Belships and V. announce strategic partnership. Lars Christian Skarsgård, CEO of Belships ASA, said: “We are thrilled to join forces with V.Group with the aim to create world-class management of our fleet. Through this partnership, we will benefit from V.’s global reach, accelerated digitalisation and decarbonisation capabilities, and create the flexibility to scale our fleet. Additionally, we will maintain the expertise and dedicated operational personnel that we have built over the years.” https://cyprusshippingnews.com/2023/07/11/belships-and-v-announce-strategic-partnership/
3. Statement ICS welcomes historic deal to cut shipping’s greenhouse gas emissions. “ICS greatly welcomes the ambitious agreement reached by governments at IMO today for shipping to achieve net zero emissions ‘by or around 2050’, in line with the Paris Agreement and the commitment made by the shipping industry at COP 26 in Glasgow back in 2021. This historic IMO agreement gives a very strong signal to ship operators and, most importantly, to energy producers who must now urgently supply zero GHG marine fuels in very large quantities if such a rapid transition is to be possible.” https://cyprusshippingnews.com/2023/07/11/statement-ics-welcomes-historic-deal-to-cut-shippings-greenhouse-gas-emissions/
4. World Container Index Down 1.3% This Week. Drewry’s composite World Container Index decreased by 1.3% to $1,474.32 per 40ft container this week. The composite index has decreased by 1.3% to $1,474.32 this week, and has dropped by 79.1% when compared with the same week last year. https://cyprusshippingnews.com/2023/07/11/world-container-index-down-1-3-this-week/
5. Climate change: Shipping agrees net-zero goal but critics chide deal. The global shipping industry has agreed to reduce planet warming gases to net-zero “by or around 2050”, but critics say the deal is fatally flawed.
Ships produce around 3% of global CO2 but countries will now have to reduce this as close as possible to zero by the middle of the century. Small island states have welcomed the plan but green groups are furious. https://cyprusshippingnews.com/2023/07/11/climate-change-shipping-agrees-net-zero-goal-but-critics-chide-deal/
6. Evergreen splashes out billions on 24 methanol dual-fuel newbuilds. Another one of the world’s top 10 carriers has joined the rush for methanol-powered ships.Evergreen has firmed up a much-awaited order for 24 methanol dual-fuel 16,000 teu vessels. The Taiwanese carrier has tapped Japan’s Nihon Shipyard and South Korea’s Samsung Heavy Industries for eight and 16 units, respectively. https://splash247.com/evergreen-splashes-out-billions-on-24-methanol-dual-fuel-newbuilds/
7. Indonesia seizes Iranian-flagged VLCC. Indonesian authorities have seized an Iranian-flagged very large crude carrier suspected of illegal ship-to-ship oil transfer in the country’s North Natuna Sea. The 1997-built Arman 114 was detained on Friday for transshipping without a permit onto Cameroon-flagged S Tinos, a vessel fleet register Equasis lists as scrapped in 2018. https://splash247.com/indonesia-seizes-iranian-flagged-vlcc/
8. Eleven ships break down in wake of latest Houston bunker contamination case. Houston has another bunkering problem. Fuel checker VPS is reporting a bunker contamination case at the Texan port, the largest bunkering hub in the Americas. VPS detected the presence of dicyclopentadiene (DCPD) and associated isomers at significantly high levels in VLSFO bunker fuel deliveries in Houston from a single supplier for three months from March to May this year. https://splash247.com/eleven-ships-break-down-in-wake-of-latest-houston-bunker-contamination-case
9. Next Wave of North American LNG Export Projects to Face Labor Challenges. A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers. There are eight export projects now under way that when completed would add 86 million tonnes per annum (MTPA) capacity of the chilled natural gas. The projects have already created thousands of construction jobs and are soon to employ hundreds of operators. https://gcaptain.com/next-wave-of-north-american-lng-export-projects-to-face-labor-challenges/
10. Nearly 40% of US Attack Submarines Are Out of Commission for Repairs. A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers.There are eight export projects now under way that when completed would add 86 million tonnes per annum (MTPA) capacity of the chilled natural gas. The projects have already created thousands of construction jobs and are soon to employ hundreds of operators. https://gcaptain.com/next-wave-of-north-american-lng-export-projects-to-face-labor-challenges/