InterManager Daily News 28.08.2023.

1. Preparation of seafarers for decarbonisation regulations and operations. The colossal tide of climate change has left no sphere unaffected, including the maritime industry. Today, the training and preparation of seafarers for decarbonization has become a topic of increasing importance. Like many other sectors, the global maritime industry faces numerous changes due to climate change issues. Among the noteworthy developments is the adoption of decarbonization regulations and operations, a shift aimed at reducing the sector’s carbon footprint. https://cyprusshippingnews.com/2023/08/25/preparation-of-seafarers-for-decarbonisation-regulations-and-operations/
2. Kongsberg Digital and Shell Marine deepen their collaboration by adding the LubeMonitor application to the marketplace. Currently used by Shell Marine Lubricants customers, LubeMonitor will become available to shipowners and operators through Kongsberg Digital’s marketplace for maritime applications, an ecosystem of numerous powerful applications supported by Vessel Insight SaaS-based data infrastructure.https://cyprusshippingnews.com/2023/08/25/kongsberg-digital-and-shell-marine-deepen-their-collaboration-by-adding-the-lubemonitor-application-to-the-marketplace/
3. Korea’s shipbuilding order backlog hits 12-year high in H1. Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9 percent year on year. The Korean shipbuilding industry secured four years’ worth of work through the end of the first half of this year. This is the largest order backlog in 12 years. The global ship price index is also at its highest since 2008. https://cyprusshippingnews.com/2023/08/25/koreas-shipbuilding-order-backlog-hits-12-year-high-in-h1/
4. Insurers raise premiums for Black Sea tankers as tensions mount. Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known as “war risk premiums”, four traders said. A war risk premium was added to the common insurance costs for tankers last year after the start of Russia’s military action in Ukraine, which Moscow calls a special military operation. https://cyprusshippingnews.com/2023/08/25/insurers-raise-premiums-for-black-sea-tankers-as-tensions-mount/
5. Four parties, including Hapag-Lloyd, join acquisition battle for HMM. According to the investment banking (IB) industry on Aug. 21, Korea Development Bank (KDB) and the selling agent, Samsung Securities, closed the preliminary bidding for HMM the same day. Four companies, including Harim, Dongwon, LX, and Hapag-Lloyd, participated in the preliminary bidding. If this sale process ultimately succeeds, one of these companies will emerge as the new owner of HMM.https://cyprusshippingnews.com/2023/08/25/four-parties-including-hapag-lloyd-join-acquisition-battle-for-hmm/
6. Panama Canal Authority warns restrictions will stay in place for at least 10 months. Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime chokepoints with officials at the Panama Canal Authority warning yesterday that water-conserving measures will be in place for at least the next 10 months. Faced with an unprecedented drought this year, combined with the onset of the El Niño weather phenomenon, administrators at the Panama Canal have cut the draft restrictions for ships transiting its larger neopanamax locks by 2 m as well as slashing the volume of daily transits by 20% to just 32 vessels a day. https://splash247.com/panama-canal-authority-warns-restrictions-will-stay-in-place-for-at-least-10-months/
7. Saverys holds firm on Exmar price as he reopens takeover bid. Nicolas Saverys has opted to remain firm on his initial bid to take over Belgian gas shipowner and infrastructure provider Exmar, despite shareholders’ push for an increase in the price. After failing in its first bid, Saverys’ investment vehicle Saverex is maintaining its offer of €11.1 per Exmar share, which will be reopened this Monday, August 28. https://splash247.com/saverys-holds-firm-on-exmar-price-as-he-reopens-takeover-bid/
8. Russian And Chinese Ships Return From Joint Pacific Patrolling. Russia’s navy warships returned from more than three weeks of joint-patrolling of the Pacific Ocean with Chinese navy ships, the Russian Interfax news agency reported on Sunday. Warships of Russia’s Pacific Fleet, together with a detachment of Chinese navy ships traveled more than 7,000 nautical miles through the Sea of Japan, the Sea of Okhotsk, the Bering Sea and the Pacific Ocean, Interfax reported citing the Fleet’s press service. https://gcaptain.com/russian-and-chinese-ships-return-from-joint-pacific-patrolling/
9. German LNG Terminal Risks Delayed Start After Local Pushback. A planned liquefied natural gas terminal at Germany’s Baltic coast risks not starting in time for winter, with local opposition to the project prompting a government warning about the fragile state of the country’s energy security. German Economy Minister Robert Habeck cautioned there could be severe consequences if a second LNG terminal near the island of Rügen doesn’t begin operations this winter as planned, pushing local authorities to move ahead with its construction. https://gcaptain.com/german-lng-terminal-risks-delayed-start-after-local-pushback/
10. Seismic market update: collaboration and multi-client surveys. Demand for seismic surveys is improving as oil and gas companies and state energy groups increase investments in offshore exploration and production (E&P) Opportunities are emerging as cutting-edge technology is introduced into offshore surveys and energy companies seek to monitor production from existing fields. https://www.rivieramm.com/news-content-hub/seismic-market-update-collaboration-and-multi-client-surveys-77481