InterManager Daily News 31.10.2023.

1. AAL wins ship operator of the year for second year running at the HLPFI awards 2023 The premium project heavy lift carrier is recognised for its outstanding service to over 400 project cargo customers in 2022 and its continued innovation in sustainable technologies for a second consecutive yea AAL Shipping was named ‘Ship Operator of the Year’ at the Heavy Lift and Project Forwarding International Awards last night held at the Royal Lancaster Hotel, London.
2. The International Energy Agency has not started emergency oil stock discussions amid Middle East tensions The International Energy Agency has not started any discussions on oil stock releases but member countries have asked its secretariat to be vigilant and continue monitoring the Israel-Hamas situation in the Middle East and threats to energy infrastructure in Europe, Keisuke Sadamori, Director, Energy Markets and Security, said on the sidelines of the Asia Hydrogen & LNG Conference.
3. East of Suez Fuel Availability Outlook by EGINE VLSFO availability has tightened in Singapore. Barge loading delays at fuel terminals have held back bunker deliveries and put pressure on schedules, a source says. Lead times of 9-11 days are now advised for good coverage from suppliers, up from 8-10 days last week.
4. US LNG exports defy arb economics by flooding Europe over Asia Recent delays at the Panama Canal have pushed more supplementary LNG volumes into Europe, sources said, despite US to Asia arbitrage economics overpowering economics to Europe in the prompt. Although traders await the start of an intense price competition between Europe and Asia this winter, milder temperatures in China and across Europe have been keeping the current fight for US volumes in check.
5. Collisions second most common cause of shipping incidents according to Allianz Collisions have been the second most common cause of shipping incidents in recent years, according to Allianz. Last year alone, 280 collision accidents involving larger ships were reported, Allianz’s industrial insurer said Tuesday. In 2022, they accounted for about one in ten of the more than 3,000 shipping incidents reported worldwide, making them the second most common cause of such incidents after engine damage or failure.
6. The Nautical Institute publishes new edition of Bulk Carrier Practice Bulk Carrier Practice provides comprehensive, practical guidance on every aspect of bulk carrier operations. It takes the reader through a typical voyage – from paperwork, hold preparation and loading to cargo care on the voyage and discharging – illustrated with more than 300 photographs. There is extensive coverage of the carriage and monitoring of both standard and unusual cargoes.
7. St Kitts and Nevis registry takes flak in triple abandonment case The St Kitts and Nevis ship registry stands accused of evading its responsibility to more than 30 seafarers by deregistering three ships on which they are abandoned, a tactic which has been roundly condemned by the International Transport Workers’ Federation (ITF).
8. Captain injured in robbery off Singapore A ship’s captain was sent to hospital in Singapore having been attacked during a sea robbery early on Friday morning. The Maritime Rescue Coordination Centre (MRCC) operated by the Maritime and Port Authority of Singapore (MPA) was notified of the robbery onboard an unnamed Marshall Islands-flagged bulk carrier in the Strait of Malacca outside Singapore’s territorial waters. The vessel was en route to Singapore.
9. MOL and compatriot Cosmo Oil team up on CO2 shipping Japanese shipping giant Mitsui OSK Lines (MOL) has joined forces with fellow energy firm Cosmo Oil to explore shipping opportunities for carbon dioxide. Under a memorandum of understanding, the duo will study ocean transport with the goal of establishing a CO2 capture and storage (CCS) value chain.
10. Argentina Threatens to Cut Fuel Exports Amid Shortage Argentina’s oil producers will be barred from exports unless they increase fuel supplies to address shortages in the country, Economy Minister and presidential candidate Sergio Massa said Sunday. “If the fuel supply is not resolved by midnight on Tuesday, companies will not be able to send out export ships starting on Wednesday,” Massa told reporters in Tucuman province. “Argentines’ oil belongs first to Argentines.”


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