InterManager Daily News 09.10.2023.

1. Japan’s 1st LNG fueled Ferries, MOL Group’s ‘Sunflower Kurenai’ and ‘Sunflower Murasaki,’ win Good Design Award 2023 Mitsui O.S.K. Lines, announced that Japan’s first LNG-fueled ferries, the “Sunflower Kurenai” and “Sunflower Murasaki” , operated by MOL Group Company MOL Sunflower, received the Good Design Award 2023, from the Japan Industrial Design Promotion Organization . This is the first time in 33 years that long-distance ferries have received this award https://cyprusshippingnews.com/2023/10/06/japans-1st-lng-fueled-ferries-mol-groups-sunflower-kurenai-and-sunflower-murasaki-win-good-design-award-2023/
2. COSCO SHIPPING drives shore power in Hamburg COSCO SHIPPING Taurus is the first vessel to be operated with shore power during successful ship integration test at HHLA Container Terminal Tollerort in Hamburg, Germany, marking a milestone for COSCO SHIPPING and HHLA on their joint way to achieve the goal of carbon neutrality https://cyprusshippingnews.com/2023/10/06/cosco-shipping-drives-shore-power-in-hamburg/
3. Beyond Scarcity how the Panama canal manages the fresh water challenge The year 2023 has been particularly dry, according to Panama Canal statistics, primarily due to the effects of the El Niño phenomenon. The rainy season in Panama typically begins in May and ends in November. However, during years when the El Niño phenomenon is active, such as this one, the onset of rains can be delayed, resulting in a prolonged dry season. https://cyprusshippingnews.com/2023/10/06/beyond-scarcity-how-the-canal-manages-the-fresh-water-challenge/
4. BIMCO Shipping Number of the Week “During the first nine months of 2023, coal shipments to the world’s second largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lower production from hydro power,” says Filipe Gouveia, Shipping Analyst at BIMCO. https://cyprusshippingnews.com/2023/10/06/bimco-shipping-number-of-the-week-15/
5. Valenciaport promotes a sustainable transport to work plan A 100% green port also implies that its staff travels to work in a sustainable way to its docks. With this objective in mind, Valenciaport has promoted the development of a ‘Sustainable Transport to Work Plan’ that aims to implement a series of actions to turn the Commercial Port of Valencia into an emission-free area that is accessible in all modes: pedestrian, cyclist, public transport, personal mobility vehicle and electric car. https://cyprusshippingnews.com/2023/10/06/valenciaport-promotes-a-sustainable-transport-to-work-plan/
6. Frontline ‘raising the stakes sharply’ with move for 24 Euronav VLCCs Yesterday, the Saverys family and John Fredriksen came clean with how they intend to end the two-year battle for control of Euronav whereby John Fredriksen-controlled Frontline could walk away – pursuant to approval by regulators and shareholders- with 24 Euronav VLCCs for $2.35bn in exchange for Fredriksen backing away from his aggressive takeover manoeuvres. https://splash247.com/frontline-raising-the-stakes-sharply-with-move-for-24-euronav-vlccs/
7. Turkish-flagged ship hits mine in Black Sea A small Turkish-flagged general cargo ship struck a mine yesterday in the Black Sea off the coast of Romania near the entrance to the Sulina Canal. The 31-year-old, 3,134 dwt Kafkametler sustained minor damage but the crew was safe. The ship was able to resume sailing after three hours. https://splash247.com/turkish-flagged-ship-hits-mine-in-black-sea/
8. Stolt Tankers IPO shelved Lange, who took over from Niels Stolt-Nielsen last month, revealed the decision to shelve the listing of the world’s largest operator of chemical tankers during an earnings call yesterday, citing the need for both a supportive tanker market and the IPO market to be available for Stolt Tankers’ listing. https://splash247.com/stolt-tankers-ipo-shelved/
9. US Nearshoring, Reshoring And Onshoring Is Booming When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return to the US, everybody thought he was crazy. “The first fifteen years of my career were more about consolidation. Moving manufacturing to Mexico or Asia or to Eastern Europe,” Cutillo said in an interview. “It is truly the first time in my life I’ve seen stuff coming back.” https://gcaptain.com/us-nearshoring-reshoring-and-onshoring-is-booming/
10. LNG Threat Returns as Australia Workers Discuss Resuming Strikes Union members at ChevronCorp. liquefied natural gas facilities in Australia are deciding on a plan to resume strikes after criticizing the company’s efforts to finalize an agreement on pay and conditions. Workers accuse Chevron of reneging on commitments made last month to end a dispute that roiled global markets, and will hold talks on next steps from 3:30 p.m. Perth time, according to the Offshore Alliance, a group representing two unions. https://gcaptain.com/lng-threat-returns-as-australia-workers-discuss-resuming-strikes/