InterManager Daily News 11.10.2023.

1. Valenciaport holds the first meeting of the Board under the new chairmanship The Port Authority of València has held this morning the first meeting of its Board of Directors after the recent debut of Mar Chao in the presidency of the port agency. The convening of this Council has been carried out in the shortest possible legal brevity with the objective of promoting and giving a way out to 26 urgent matters that required immediate response from the directors.https://cyprusshippingnews.com/2023/10/10/valenciaport-holds-the-first-meeting-of-the-board-under-the-new-chairmanship/
2. LR at London International Shipping Week 2023 As London International Shipping Week 2023 concluded its tenth year, spanning diverse platforms from podcasts to parliamentary sessions, we reflect on our flagship activity and events throughout the week.https://cyprusshippingnews.com/2023/10/10/lr-at-london-international-shipping-week-2023/
3. DNV has launched new guidelines for onboard carbon capture systems on board ships DNV has published new guidelines for the safe installation of onboard carbon capture and storage system on board ships, amid growing pressure on the shipping industry to develop effective technologies to reduce emissions as part of the ongoing maritime energy transition.https://cyprusshippingnews.com/2023/10/10/dnv-has-launched-new-guidelines-for-onboard-carbon-capture-systems-on-board-ships/
4. Frontline announced a fully funded acquisition of 24 modern VLCCs from Euronav NV Frontline announced that as an integrated solution to the strategic and structural deadlock in Euronav NV , Frontline has entered into agreements with Euronav to acquire a high-quality ECO fleet of 24 VLCCs with an average age of 5.3 years, for an aggregate purchase price of USD 2,350 million.https://cyprusshippingnews.com/2023/10/10/fro-fully-funded-acquisition-of-24-modern-vlccs-from-euronav-nv/
5. APM Terminals eyes half-way point in renewable electricity goal The news that APM Terminals has reached 40% in its ambition to run all global terminals on renewable electricity earned the global operator recognition in industry press recently. The announcement, however, was a “modest calculation”, according to the company’s Head of Decarbonisation, Sahar Rashidbeigi.https://cyprusshippingnews.com/2023/10/10/apm-terminals-eyes-half-way-point-in-renewable-electricity-goal/
6. EU puts a stop to antitrust exemption for liner shipping consortia The European Commission has decided not to extend the EU legal framework which exempts liner shipping consortia from EU antitrust rules. The Commission said on Tuesday that the Consortia Block Exemption Regulation (CBER) no longer promotes competition in the shipping sector and therefore it will let it expire on April 25, 2024. https://splash247.com/eu-puts-a-stop-to-antitrust-exemption-for-liner-shipping-consortia/
7. Marco Polo Marine sets up another joint venture with Taiwan’s Shengfan Singapore offshore vessel player and shipyard Marco Polo Marine has formed another joint venture company with Taiwan’s Shengfan. The company’s subsidiary, Marco Polo Offshore, has incorporated M Renewables in the Cayman Islands, where it will hold a 49% ownership stake. https://splash247.com/marco-polo-marine-sets-up-another-joint-venture-with-taiwans-shengfan/
8. John Fredriksen’s Frontline Becomes Largest Pure Play Tanker Company John Fredriksen’s Frontline has announced its acquisition of two dozen Very Large Crude Carriers (VLCCs) from Euronav, solidifying its position as the largest publicly-listed pure play tanker company at a critical time in the tanker market. The acquisition comes as part of a resolution to Frontline’s year-long deadlock with Compagnie Maritime Belge (CMB) over control of Belgian tanker company Euronav. https://gcaptain.com/john-fredriksens-frontline-becomes-largest-pure-play-tanker-company/
9. First Look: Maersk’s First Large Green Methanol-Powered Containership The world’s first large containership powered by methanol was floated out of its building dock at Hyundai Heavy Industries over the weekend. The ship is the second of 25 dual fuel ships that Maersk has on order that will be capable of operating on green methanol. https://gcaptain.com/first-look-maersks-first-large-green-methanol-powered-containership/
10. GreenVoyage2050 project extended to 2030
11. A major project which aims to ensure that no country is left behind in maritime decarbonization is set to continue its work through to 2030, following a large new injection of funding. The Government of Norway has confirmed 210 million NOK (US$19.4 million USD) of funds for Phase Two of the IMO GreenVoyage2050 project, in an agreement between Norway and IMO that was signed on 28 September, World Maritime Day, during the IMO-UNEP-Norway Innovation Forum. https://www.shippingtribune.com/news/shipping/GreenVoyage2050+project+extended+to+2030