InterManager Daily News 07.11.2023.

1. King Willem-Alexander marks the start of construction the national hydrogen network The construction of the national hydrogen network, which begins in Rotterdam’s port, officially and festively started on 27 October. The presence of King Willem-Alexander, Minister Jetten for Climate and Energy Policy, Mayor of Rotterdam Ahmed Aboutaleb and the King’s Commissioner underlines the significance of this network for the Netherlands https://cyprusshippingnews.com/2023/11/02/king-willem-alexander-marks-the-start-of-construction-the-national-hydrogen-network/
2. Olaf Gelhausen appointed as Chief Operating Officer of APM Terminals As of November 15, 2023, Mr. Olaf Gelhausen will be joining APM Terminals as Chief Operating Officer. In this role, he will be responsible for all COO-functions, including Global Operations, Asset Management, Automation, Project Execution, Asset Design and Engineering, LEAN, Decarbonization, and Procurement.https://cyprusshippingnews.com/2023/11/02/olaf-gelhausen-appointed-as-chief-operating-officer-of-apm-terminals/
3. ABP and Hynamics EDF Group form ambitious hydrogen partnership at the Port of Barry The UK’s leading port company, Associated British Ports, and Hynamics, EDF Group subsidiary, have announced an ambitious partnership to evaluate developing low-carbon hydrogen production and distribution at the Port of Barry in order to help reduce local industries’ CO2 emissions. https://cyprusshippingnews.com/2023/11/02/abp-and-hynamics-edf-group-form-ambitious-hydrogen-partnership-at-the-port-of-barry/
4. Pressure on Box owners in Europe to reposition containers to other regions as depots flood with empties “We have a poisonous mix of severely imbalanced container trade with high level of excess inventory in Europe, and at the same time unreliable shipping services, suddenly lacking the vessel capacity to reposition empties out which in turn makes the situation even more difficult” commented Christian Roeloffs, cofounder and CEO, Container xChange an online container logistics platform based in Hamburg, Germany. https://cyprusshippingnews.com/2023/11/02/pressure-on-box-owners-in-europe-to-reposition-containers-to-other-regions-as-depots-flood-with-empties/
5. ITIC warns ship managers of the dangers of management mistakes International Transport Intermediaries Club – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries – has advised ship managers to be wary of the risks and costs involved with claims of failing to meet contractual obligations. https://cyprusshippingnews.com/2023/11/02/itic-warns-ship-managers-of-the-dangers-of-management-mistakes/
6. Boomsma Shipping and Leonhardt & Blumberg link up for up to eight newbuilds in India Dutch owner Boomsma Shipping and Germany’s Leonhardt & Blumberg Shipmanagement have teamed up to order a series of up to eight low-emission shortsea dry cargo vessels at Chowgule Shipbuilding in India. https://splash247.com/boomsma-shipping-and-leonhardt-blumberg-link-up-for-up-to-eight-newbuilds-in-india/
7. Africa Finance Corporation sells Takoradi Port stake to Yilport African development finance institution Africa Finance Corporation (AFC) has sold its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to port operator Yilport Holding. https://splash247.com/africa-finance-corporation-sells-takoradi-port-stake-to-yilport/
8. Havila Shipping seals another Equinor PSV extension Norwegian OSV owner Havila Shipping has secured another vessel contract extension with Equinor. The Norwegian energy major has fixed the 2012-built platform supply vessel Havila Charisma until mid December 2024 and has three more one-year options to keep the vessel until mid-December 2027. https://splash247.com/havila-shipping-seals-another-equinor-psv-extension/
9. Israel Lowers Gas Exports With Tamar Field Shut Israel is exporting 70% less natural gas since it shut down its Tamar field, with the economic toll of the closure about 800 million shekels ($201 million) a month, according to a report by accounting and consulting firm BDO Israel.The report was commissioned by the Tamar partners – which include Chevron CVX.N and Isramco ISRAp.TA – and was also presented to Israel’s National Security Council, said Chen Herzog, chief economist at BDO Israel. https://gcaptain.com/israel-lowers-gas-exports-with-tamar-field-shut/
10. Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed at significantly higher rates than volatile spot cargo, but that gap is narrowing. According to an analysis by Xeneta, its long-term freight rate XSI index declined by 2.6% in October, and has fallen 62.2% in the past 12 months. However, the benchmarking firm has warned that the situation for shipping lines could “get worse before it gets better”. https://gcaptain.com/carriers-failure-to-boost-spot-prices-could-threaten-contract-rates/