InterManager Daily News 16.09.2023.

1. New Central Asia ocean rail connect via APM terminals Poti. APM Terminals Poti, Georgia, will be the main intermodal gateway for an end-to-end transport solution connecting global producers to Central Asian markets. A new ocean-rail route, launched by Maersk, will overcome the complexities of multiple modal changes between rail and sea in the region. https://cyprusshippingnews.com/2023/09/22/new-central-asia-ocean-rail-connect-via-apm-terminals-poti/
2. Bunker Holding launches new ESG report focussing on sustainable transition. Bunker Holding, the world’s largest supplier of marine fuels, publishes second ESG report showcasing targets and progress on ESG action points. The new report pinpoints that industry partnerships, know-how build-up, and strong systems are at the top of the agenda when moving towards a transparent and compliant future industry. https://cyprusshippingnews.com/2023/09/22/focus-on-sustainable-transition-bunker-holding-launches-new-esg-report/
3. What three Cs can help us meet the future? Collaboration, Collaboration, Collaboration. The message was loud and clear at Weathernews Inc’s ‘Explore the Future of Maritime Operations’ cruise reception during London International Shipping Week, with unanimous agreement that joining forces in constructive, transparent partnerships is the only way the shipping industry can successfully navigate urgent challenges both today and tomorrow. https://cyprusshippingnews.com/2023/09/22/what-three-cs-can-help-us-meet-the-future-collaboration-collaboration-collaboration/
4. The UK Electronic Trading Act comes into force. The Electronic Trade Documents Act comes into force in the United Kingdom, giving legal recognition in English law to electronic trade documents, including electronic bills of lading. The Act was preceded, in 2022, by the UK Law Commission’s Report on Electronic trade documents, which was the culmination of an extensive consultation process with stakeholders, including the Group. https://cyprusshippingnews.com/2023/09/22/ig-statement-the-uk-electronic-trading-act-comes-into-force/
5. 50% of the global orderbook held by just two shipping sectors. More startling data on the extraordinarily skewed nature of the global ship orderbook has emerged. According to data from Clarksons Research fully 50% of the the global orderbook in cgt terms is contracted for just two shipping segments, LNG and containers. https://splash247.com/50-of-the-global-orderbook-held-by-just-two-shipping-sectors/
6. Ship Concept 2030: Cutting through the noise around digitalisation. Krzysztof Kozdron, managing director of technical consultancy Schulte Marine Concept, remembers the days when marine engines were equipped with mechanical governors, and when, as a teenager, he was helping his father to repair his car with a hammer and a spanner. “It all sounds today like Stone Age reality,” Kozdron says, pointing to how quickly his industry is now automating. https://splash247.com/ship-concept-2030-cutting-through-the-noise-around-digitalisation/
7. Taiwan Expects To Deploy Two New Submarines By 2027. Taiwan hopes to deploy at least two new, domestically developed submarines by 2027, and possibly equip later models with missiles, to strengthen deterrence against the Chinese navy and protect key supply lines, the head of the program said. Taiwan, which China claims as its own territory, has made the indigenous sub program a key part of an ambitious project to modernize its armed forces as Beijing stages almost daily military exercises to assert its sovereignty. https://gcaptain.com/taiwan-expects-to-deploy-two-new-submarines-by-2027/
8. Philippines Condemns Chinese ‘Floating Barrier’ In South China Sea. The Philippines on Sunday accused China’s coast guard of installing a “floating barrier” in a disputed area of the South China Sea, saying it prevented Filipinos from entering and fishing in the area. Manila’s coast guard and Bureau of Fisheries and Aquatic Resources “strongly condemn” China’s installation of the barrier in part of the Scarborough Shoal, Commodore Jay Tarriela, a coast guardspokesperson, posted on the X social media platform, formerly Twitter. https://gcaptain.com/philippines-condemns-chinese-floating-barrier-in-south-china-sea/
9. Russia’s Diesel Exports Ban Is Risky For Moscow And World Alike. With the northern hemisphere winter approaching and global diesel markets already tight, Russia has banned exports of the fuel that’s used for transportation, heating and industrial processes. Many analysts expect the halt to be temporary, but others see it as another example of Moscow weaponizing energy exports, as its invasion of Ukraine enters a 20th month. https://gcaptain.com/russias-diesel-exports-ban-is-risky-for-moscow-and-world-alike/
10. Green shipping must be economically sustainable too: Singapore Foreign Minister Vivian Balakrishnan. Singapore is doing its bit for ocean conservation and sees such efforts as critical to being able to continue making its living by the sea. “Preserving our oceans and maintaining livelihoods is not something that is mutually exclusive,” said Foreign Minister Vivian Balakrishnan. “In fact, it is part of a virtuous cycle.” He was speaking on Tuesday at the Earthshot Prize Innovation Summit, an event coinciding with the ongoing United Nations General Assembly in New York. https://www.shippingtribune.com/news/shipping/Green+shipping+must+be+economically+sustainable+too%3A+Singapore+Foreign+Minister+Vivian+Balakrishnan