InterManager Daily News 02.08.2023.

1. GenPro releases its first sustainability report in accordance with the updated GRI Universal Standards. GP General Procurement Company Limited has released its first sustainability report in accordance with the updated Global Reporting Initiative Universal Standards. From its inception, GenPro has been fully committed to its Sustainability Strategy and its defined four pillars of sustainability – Planet, People, Peace and Partnership. GenPro’s Sustainability Mission is to drive sustainability throughout the procurement process and generate viable efficiencies and efficacies for its members and suppliers in a fully transparent, measurable and sustainable manner. https://cyprusshippingnews.com/2023/07/31/genpro-releases-its-first-sustainability-report-in-accordance-with-the-updated-gri-universal-standards/
2. Singapore completes first methanol bunkering, learnings to be presented to IMO. A Maersk container ship — the world’s first running on eMethanol — has been successfully refueled with around 300 mt of bio-methanol via a ship-to-ship transfer in Singapore July 27, marking the country’s first methanol bunkering operation, said the Maritime and Port Authority of Singapore (MPA) in a statement July 27. https://cyprusshippingnews.com/2023/07/31/singapore-completes-first-methanol-bunkering-learnings-to-be-presented-to-imo/
3. INTERCARGO warns against complacency as liquefaction remains greatest contributor to deaths in dry bulk sector. Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses, according to the recently published Bulk Carrier Casualty Report 2013-2022 from INTERCARGO. The document was submitted to the International Maritime Organization in May, ahead of the 9th session of its Sub-Committee on Implementation of IMO Instruments (III), which takes place at the IMO from 31st July to 4th August and has a key role in casualty analysis and issuing lessons learned from marine incidents. https://cyprusshippingnews.com/2023/07/31/intercargo-warns-against-complacency-as-liquefaction-remains-greatest-contributor-to-deaths-in-dry-bulk-sector/
4. Emissions insights could cut EU-mandated carbon costs of shipping by 50% LSEG (London Stock Exchange Group) and Siglar Carbon, a maritime emissions analytics company, have announced an agreement to enable customers to evaluate the different carbon options for cargo programmes via Workspace.The agreement will combine Siglar’s emissions insights with LSEG’s industry-leading European carbon markets and industry emissions analytics to help charterers, traders, brokers and ship owners understand, predict and improve the carbon consequence of commercial shipping decisions and control the related carbon cost exposure. The data will allow them to instantly locate the most carbon efficient alternative. https://cyprusshippingnews.com/2023/07/31/emissions-insights-could-cut-eu-mandated-carbon-costs-of-shipping-by-50/
5. Watson Farley & Williams advises First Citizens Bank on US$123m Greek shipping loan portfolio acquisition. A longstanding leader in Greek maritime finance, HSBC has recently been divesting itself of its shipping loan portfolio to other lenders, with FCB the latest bank to acquire a significant share of said portfolio. The acquisition substantially expands FCB’s footprint in the Greek shipping market, providing it with numerous opportunities to network with new clients and key industry players. https://cyprusshippingnews.com/2023/07/31/watson-farley-williams-advises-first-citizens-bank-on-us123m-greek-shipping-loan-portfolio-acquisition/
6. Simon Møkster scores UK North Sea fixtures for PSV pair. Norwegian shipowner Simon Møkster Shipping has secured long-term employment for a pair of its platform supply vessels in the UK North Sea.The 2006-built Stril Odin and 2005-built sister vessel Strilmøy have been fixed on multi-year contracts to an undisclosed operator.Financial terms have not been disclosed, but brokers are reporting term fixtures for PSVs with a 900 sq m deck and larger at around $21,000 per day. https://splash247.com/simon-mokster-scores-uk-north-sea-fixtures-for-psv-pair/
7. ‘Two-speed’ pattern emerges in global orderbook: Clarksons Clarksons Research has drilled down to show subscribers to its weekly newsletter the severely skewed global orderbook, and the ramifications for this unbalanced contracting in the years ahead. Clarksons data (see chart below) clearly shows how highly divergent the orderbook is across sectors, with the British outfit describing the current situation as a “two-speed” pattern. https://splash247.com/two-speed-pattern-emerges-in-global-orderbook-clarksons/
8. X-Press Feeders fixes European green methanol supplies OCI Global will supply X-Press Feeders with green methanol at the port of Rotterdam from next year. The milestone agreement is the first green methanol deal with a feeder container carrier. X-Press Feeders will be the first common feeder operator with methanol fuelled vessels on the water in Europe. In Q2 next year X-Press Feeders will receive the first of 14 dual fuel methanol vessels https://splash247.com/x-press-feeders-fixes-european-green-methanol-supplies/
9. 20 national waterways being developed for cargo, passenger movement: Centre. The government is developing 20 of the 26 national waterways found viable for cargo and passenger movement, the Lok Sabha was informed on Friday
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said that 26 of the existing 111 waterways in the country have been found viable for cargo and passenger movement. For the development of inland water transport in the country, 111 waterways — including five existing and 106 new ones — spread over 24 states have been declared national waterways under the National Waterways Act, 2016, Sonowal said. https://www.shippingtribune.com/news/shipping/20+national+waterways+being+developed+for+cargo%2C+passenger+movement%3A+Centre
10. Philippines seeks rice supply boost, may look to India. Philippine President Ferdinand Marcos Jr. said on Saturday the country must boost its rice stocks and that he may seek a supply deal with India, worried about the potential impact of El Nino dry weather on the local harvest and about other suppliers. “I’m thinking about the national supply for rice,” Marcos told officials in the northern province of Cagayan, where he went to assess the damage from Typhoon Doksuri. https://www.shippingtribune.com/news/shipping/Philippines+seeks+rice+supply+boost%2C+may+look+to+India