InterManager Daily News 04.12.2023.

1. Columbia Shipmanagement announces roll out of Kaiko Systems’ new world-first Self-Assessment Tool for its crews preparing for updated SIRE 2.0 ship inspection regime Columbia Shipmanagement (CSM) is set to further boost operational efficiency on its vessels, as crew members will be able to prepare for the new regime of the SIRE 2.0 ship inspection programme with the help of a world-first digital Self-Assessment Tool. https://cyprusshippingnews.com/2023/12/01/columbia-shipmanagement-announces-roll-out-of-kaiko-systems-new-world-first-self-assessment-tool-for-its-crews-preparing-for-updated-sire-2-0-ship-inspection-regime/
2. V.Group partners with Aither to provide carbon trading solutions for shipowners V.Group (V.), the ship management and marine services company, and Aither, which provides carbon trading solutions for shipowners and other industries, are pleased to announce a strategic partnership focused on the seamless trading of carbon credits for the EU Emissions Trading System (ETS) scheme and beyond, benefiting shipowners with vessels managed by V. https://cyprusshippingnews.com/2023/12/01/v-group-partners-with-aither-to-provide-carbon-trading-solutions-for-shipowners/
3. NorthStandard to provide first ever Strike & Delay cover for adverse weather NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, providing shipowners and charterers with the first ever marine insurance protection to mitigate the threat posed to ships solely by adverse weather conditions. https://cyprusshippingnews.com/2023/12/01/northstandard-to-provide-first-ever-strike-delay-cover-for-adverse-weather/
4. Baltic index surges to 18-month high on robust vessel demand The Baltic Exchange’s dry bulk sea freight index gained for the fifth consecutive session to hit an 18-month peak on Wednesday as rates climbed across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 305 points, or 12.8%, to 2,696 – its highest level since May 2022. https://cyprusshippingnews.com/2023/12/01/baltic-index-surges-to-18-month-high-on-robust-vessel-demand/
5. Dry Bulk Market: Muted fleet growth helps maintain market balance In our base scenario, we expect cargo demand to grow by 2.5-3.5% in 2023, 0.5-1.5% in 2024 and 1-2% in 2025.Average haul could increase by between 0.5% and 1.5% in 2023 and between 0% and 1% in both 2024 and 2025. From 2024 onwards, there may be a decrease in shipments of coal, which is a commodity with below average sailing distances. https://cyprusshippingnews.com/2023/12/01/dry-bulk-market-muted-fleet-growth-helps-maintain-market-balance/
6. Private equity firm TJC acquires Global Transport Solutions Middle-market private equity firm TJC, formerly known as The Jordan Company, has agreed to acquire Global Transport Solutions (GTS), alogistics service provider specializing in supply chain and forwarding solutions for the maritime industry. https://splash247.com/private-equity-firm-tjc-acquires-global-transport-solutions/
7. Ports of Auckland fined over worker death The Ports of Auckland have been given a fine after admitting it was responsible for the death of a worker who was killed by a falling container. Pala’amo Kalati, a former stevedore at the Ports of Auckland, died back in August 2020 on a ship at the Fergusson Container Terminal. https://splash247.com/ports-of-auckland-fined-over-worker-death
8. IMO ‘will thrive in delivering its full agenda’, says next secretary-general Arsenio Dominguez Velasco has been confirmed as the next secretary-general of the International Maritime Organization (IMO) with attendees at this week’s IMO Assembly endorsing the Panamanian who will take on the role in exactly one month’s time. https://splash247.com/imo-will-thrive-in-delivering-its-full-agenda-says-next-secretary-general/
9. Report Reveals Progress in Green Shipping Corridor Initiatives Significant progress has been made in the development and maturation of green shipping corridors to help decarbonize maritime shipping, according to a new report released by the Global Maritime Forum on the behalf of the Getting to Zero Coalition. https://gcaptain.com/report-reveals-progress-in-green-shipping-corridor-initiatives/
10. US LNG Exports Approach Record Levels The U.S. was the world’s largest exporter of LNG in the first half of this year, according to the Energy Information Agency (EIA), ahead of Qatar and Australia. New export plants expected to begin production next year will cement its status as top exporter, analysts have said. https://gcaptain.com/us-lng-exports-approach-record-levels/