InterManager Daily News 21.07.2023.

1. Samsung Heavy Industries celebrates winning a 3.9 trillion KRW shipbuilding contract. Samsung Heavy Industries has signed a large-scale eco-friendly shipbuilding contract worth nearly KRW 4 trillion and is getting closer to achieving its target for three consecutive years. Samsung Heavy Industries announced on the 17th that it had won an order for sixteen 16,000 TEU class methanol-powered container ships from an Asian ship owner.
2. Nexans wins record breaking contract for the EuroAsia Interconnector. In a historic first, Nexans has been awarded the major turnkey contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus. As a critical part of a broader project to connect the grids of Greece, Israel, and Cyprus, the 525kV high voltage direct current (HVDC) cable will be the longest and deepest interconnector in the world with a bi-pole length of 2×900 km, and will run across the Mediterranean Sea floor at depths of over 3,000 meters. Subsea HVDC Mass Impregnated cables will be manufactured in Nexans’ facilities in Halden (Norway) and Futtsu (Japan), and will be installed by the state-of-the-art cable laying vessels Nexans Aurora and Nexans Skagerrak.
3. Bahamas Maritime Authority Greek Seminar 2023. On 13th July 2023, the ‘BMA Greek Seminar 2023’ was successfully held in Athens at Athenium Intercontinental Hotel with over 150 guests from our business partners in Greece, shipowners, ship managers, class societies, newspapers, magazines, authorities and other stakeholders.
4. New Unified Container Inspection & Repair Criteria address contaminating pests. The international supply chain is probably one of the most complex networks man has created, carrying 250 million containers every year. It’s safe and smooth functioning relies on everyone in the chain taking responsibility for the integrity and cleanliness of the container when in their care. To help address this, the revised Unified Container Inspection & Repair Criteria (UCIRC) published by BIC, ICS and WSC now includes inspection criteria for container depots and other container handover facilities to address pest contamination on and in containers.
5. Baltic index slips on weaker vessel demand. The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 17 points, or 1.6%, at 1,073 — its lowest since July 3.
6. Russia issues military threat to commercial shipping. Russia has warned that from today ships travelling to Ukraine’s Black Sea ports will be considered potential military targets, as Kyiv said it would set up a temporary shipping route to continue grain exports following Moscow’s withdrawalfrom a deal that permitted food shipments from Ukraine’s ports.
7. Agreement signed to spread green methanol across US ports. Carbon Sink, a green methanol manufacturer, and Rose Cay Maritime, a Jones Act-compliant shipping company, have signed a memorandum of understanding to help spread the alternative fuel across US ports. The agreement outlines a plan for increasing green fuel production, transportation, bunkering and storage specifically tailored for the shipping sector.
8. British Columbia Dockworkers Issue New 72-Hour Strike Notice After Order to Resume. Striking Pacific coast dock workers in Canada on Wednesday issued a new 72-hour notice of a walkout just hours after a federal watchdog ruled their current stoppage was illegal. Amid mounting calls for resolute government action to end the strike, Prime Minister Justin Trudeau will convene a meeting of the so-called Incident Response Group later on Wednesday, his itinerary showed. The group, comprising senior officials and ministers, only meets in case of crises.
9. CMA CGM Sets Course to Overtake Maersk in Shipping Line Rankings. With its huge orderbook of 122 ships, for a capacity of 1.24m teu, CMA CGM is on course to overtake Maersk as the second-biggest container line in the world. And, with fellow Ocean Alliance partners Cosco and Evergreen having the third- and fourth-largest orderbooks – 927,000 teu and 840,000 teu respectively – the vessel-sharing group’s total capacity will be immense.
10. Hanwha, HD Hyundai rivalry could benefit Japanese shipbuilders. Intensifying competition between Hanwha and HD Hyundai in the shipbuilding industry is feared to help their Japanese rivals win construction orders for the Royal Canadian Navy’s new submarines, according to industry experts, Wednesday. The experts expect Mitsubishi and Kawasaki Heavy Industries will organize a consortium once again, as they did in 2016 for a bid to build and maintain 12 new submarines collectively worth 50 billion Australian dollars ($34 billion) for the Royal Australian Navy. At that time, a French firm won the bid, but Australia eventually canceled the deal to adopt nuclear-powered submarines from the U.S.


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