InterManager Daily News 01.12.2023.

1. South Korean shipbuilders seek overseas yards for surging orders South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they have secured works for the next five years. Hanwha Ocean Co., the country’s No.3 shipbuilder, decided to establish a holding company in the US to acquire shipyards in North America on Nov. 16. https://cyprusshippingnews.com/2023/11/29/south-korean-shipbuilders-seek-overseas-yards-for-surging-orders/
2. Russia’s Black Sea oil exports from Novorossiisk delayed Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely restricted by bad weather that has caused significant delays to loadings, said two sources familiar with the port’s operations. https://cyprusshippingnews.com/2023/11/29/russias-black-sea-oil-exports-from-novorossiisk-delayed/
3. Seaborne reefer trade to contract for the second consecutive year In the final quarter of the year, the outlook for seaborne reefer trade has weakened with cargo demand now expected to post a second consecutive year of decline. Meanwhile, transit restrictions on the drought-stricken Panama Canal are starting to impact vessel capacity serving exports of perishables out of the West Coast of South America. https://cyprusshippingnews.com/2023/11/29/seaborne-reefer-trade-to-contract-for-the-second-consecutive-year/
4. Aportem provides 864 schoolchildren in the Maritime district with school supplies Almost a thousand children from the Port of València have started their classes with the help of Aportem- Puerto Solidario València. As every year, these last few months have been particularly intense for the association. The campaign for the start of the school year for the children of the Maritime District has meant a total mobilisation of human and economic resources within this association for the promotion of Social Responsibility. https://cyprusshippingnews.com/2023/11/29/aportem-provides-864-schoolchildren-in-the-maritime-district-with-school-supplies/
5. Port of Rotterdam Authority appoints Ulrich Reuter as representative in North Rhine-Westphalia The state of North Rhine-Westphalia is an important hinterland region for the port of Rotterdam. The Port of Rotterdam Authority has agreements with several ports in North Rhine-Westphalia on optimising logistics connections, digitalisation and energy transition https://cyprusshippingnews.com/2023/11/29/port-of-rotterdam-authority-appoints-ulrich-reuter-as-representative-in-north-rhine-westphalia/
6. Plans revealed for zero-emission ammonia bunker vessels The joint venture between ECONNECT Energy and Amon Maritime has partnered with US-based startup Amogy to explore the technical and commercial feasibility of using its ammonia-to-power system on board the vessel. The collaboration will also look into using an Azane ammonia fuel feeder solution integrated into the Amogy power system. https://splash247.com/plans-revealed-for-zero-emission-ammonia-bunker-vessels/
7. MSC readies megamax for carbon capture treatment Mediterranean Shipping Co (MSC), the world’s largest containerline, has earmarked a big ship to be installed with a Chinese-fabricated carbon capture and utilisation system (CCUS).Alphaliner has tipped the 23,756 teu MSC Mia as the ship likely for the installation when it goes in for drydocking in a year’s time. https://splash247.com/msc-readies-megamax-for-carbon-capture-treatment/
8. OPEC+ Talks Continue with Prospect for Deeper Oil Cuts Unclear OPEC+ is continuing to hold talks on 2024 oil policy ahead of a Thursday ministerial meeting, as sources from the producer group said both additional oil supply cuts and a rollover of existing curbs were possible. https://gcaptain.com/opec-talks-continue-with-prospect-for-deeper-oil-cuts-unclear/
9. Coast Guard Presents Public Service Awards for Heroic Actions During Golden Ray Capsizing In a ceremony held at the Southeast Georgia Conference Center on Monday, the U.S. Coast Guard honored maritime partners for their commendable actions during the M/V Golden Ray capsizing and subsequent response.The capsizing occurred off the coast of St. Simons Island, Georgia, on September 8, 2019. https://gcaptain.com/uscg-public-service-awards-golden-ray-capsizing/
10. Cabinet to approve Rs 44k crore Great Nicobar transhipment port project by year end: Official The Union Cabinet would likely give its approval for the development of International Container Transhipment Port (ICTP) at Galathea Bay, Great Nicobar Island, by the end of this year, according to a top government official. With a total estimated cost of Rs 44,000 crore, the Centre is planning to invite tenders for the construction of the first phase of the project early next year, he said. https://www.shippingtribune.com/news/shipping/Cabinet+to+approve+Rs+44k+crore+Great+Nicobar+transhipment+port+project+by+year+end%3A+Official