1. Wärtsilä continues to set the pace for marine decarbonisation with launch of world first 4 stroke engine based ammonia solution Technology group Wärtsilä has introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel. The new solution enables a significant advance in sustainable shipping operations – during a time in which ship owners are seeking viable options among green fuels. The ammonia solution is now commercially available as part of the Wärtsilä 25 engine platform, which was launched in September 2022. https://cyprusshippingnews.com/2023/11/17/wartsila-continues-to-set-the-pace-for-marine-decarbonisation-with-launch-of-world-first-4-stroke-engine-based-ammonia-solution/
2. Stolt Tankers becomes Green Award incentive provider Stolt Tankers’ inland service has been recognised for its commitment to sustainability by joining Green Award as an incentive provider. The Green Award is a voluntary quality assessment certification scheme that inspects and certifies ships. Certification is awarded to ships that go above and beyond the industry standards in terms of safety, quality and environmental performance. https://cyprusshippingnews.com/2023/11/17/stolt-tankers-becomes-green-award-incentive-provider/
3. Asia Fuel Oil-VLSFO refining margins rise further on tight supplies Refining margins for very low sulphur fuel oil (VLSFO) extended gains on Tuesday amid persisting tight supplies, market participants said. Singapore’s December 0.5% VLSFO crack closed at a premium of $13.94 a barrel, up from $12.85 on Friday, LSEG data showed. Markets were closed on Monday on account of a public holiday. https://cyprusshippingnews.com/2023/11/17/asia-fuel-oil-vlsfo-refining-margins-rise-further-on-tight-supplies/
4. Ukraine grain exports via new Black Sea corridor hit 4 mln T says Zelenskiy Ukraine’s exports through an alternative Black Sea shipping corridor have reached almost four million metric tons since the route started operating in August, Ukrainian President Volodymyr Zelenskiy said on Tuesday. Ukraine launched a “humanitarian corridor” for ships bound for African and Asian markets to try to circumvent a de facto blockade in the Black Sea after Russia quit a United Nations-brokered deal that had guaranteed Kyiv’s seaborne exports during the war. https://cyprusshippingnews.com/2023/11/17/ukraine-grain-exports-via-new-black-sea-corridor-hit-4-mln-t-says-zelenskiy/
5. Valenciaport’s sustainable management on display at Ecofira Valenciaport’s sustainable management and its environmental strategy will once again be on display at the International Environmental Solutions Fair . The ongoing projects and objectives of the ‘Valenciaport 2030: Zero Emissions’ strategy can be seen from 14 to 16 November at Feria València. https://cyprusshippingnews.com/2023/11/17/valenciaports-sustainable-management-on-display-at-ecofira/
6. Globus Maritime eyes sale and leaseback for ultramax newbuild Nasdaq-listed Greek dry bulk owner Globus Maritime is looking to tap into sale and leaseback financing for one of its ultramaxes under construction in China. The company’s subsidiary, Daxos Maritime, is currently negotiating for the 64,000 dwt unit expected to deliver in 2024 from Nantong Cosco KHI Ship Engineering. https://splash247.com/globus-maritime-eyes-sale-and-leaseback-for-ultramax-newbuild/
7. Europe to clamp down on ship discharges Ships in European Union seas could face significant fines not only for oil spills, but also for sewage and garbage discharge, transport and tourism committee MEPs said yesterday. On Thursday, the committee voted to update EU rules on preventing pollution from ships in European seas and ensuring perpetrators face fines. https://splash247.com/europe-to-clamp-down-on-ship-discharges/
8. Hafnia pursues secondary listing in the US Hafina, the world’s largest product tanker owner, has revealed it is moving for a New York listing to go alongside its existing position on the Oslo Bors, a move other owners have pursued recently. While announcing a $146.9m net profit for Q3 today, Mikael Skov, the CEO of the BW Group subsidiary, said Hafnia is currently working towards a secondary listing in the US. https://splash247.com/hafnia-pursues-secondary-listing-in-the-us/
9. Should The US Navy Send Hospital Ships To Gaza? Hafina, the world’s largest product tanker owner, has revealed it is moving for a New York listing to go alongside its existing position on the Oslo Bors, a move other owners have pursued recently. While announcing a $146.9m net profit for Q3 today, Mikael Skov, the CEO of the BW Group subsidiary, said Hafnia is currently working towards a secondary listing in the US. https://splash247.com/hafnia-pursues-secondary-listing-in-the-us/
10. Petrobras sets sights on e-methanol with Maersk’s future fuel supplier Brazilian state-controlled energy giant Petrobras has signed an agreement with Maersk’s future fuel supplier, European Energy, to evaluate e-methanol business opportunities. A non-binding memorandum of understanding signed in Denmark will see the two companies work towards developing an e-methanol plant in Brazil. https://splash247.com/petrobras-sets-sights-on-e-methanol-with-maersks-future-fuel-supplier/
InterManager Daily News 20.11.2023.
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