InterManager Daily News 05.12.2023.

1. Arsenio Dominguez Velasco confirmed as next IMO Secretary General IMO Assembly approves decision of Council to appoint Mr. Dominguez Velasco as Secretary-General with effect from 1 January 2024. Mr. Arsenio Antonio Dominguez Velasco has been confirmed as the next Secretary-General of the International Maritime Organization (IMO). The IMO Assembly unanimously approved (30 November) the decision of the Council at its 129th session (C129) to appoint him to the role.
2. Russia keeps Black Sea port restrictions in place due to storms Russia’s ministry of transport said on Thursday that restrictions on navigation at key Black Sea ports remain in place due to adverse weather. Severe storms in the Black Sea region have disrupted up to 2 million barrels per day (bpd) of oil exports from Kazakhstan and Russia since last Friday.
3. Russia’s oil loadings from western ports to decline 6% in December Russia’s planned oil loadings from its western ports are set to decline 6% in December from November to 1.9 million barrels per day (bpd), market sources said and Reuters calculations showed. Russia’s oil shipments from its western ports of Primorsk, Ust-Luga and Novorossiisk are set to be lower in December amid record refinery runs planned for next month and a recent lifting of the state’s fuel export ban, traders said.
4. Baltic dry bulk index doubles in November on robust vessel demand The Baltic Exchange’s dry bulk sea freight index gained for the sixth consecutive session on Thursday, more than doubling in November to hit an one-and-a-half year peak helped by mounting supply of tonnage and cargo demand.
5. EU boosts Maritime Technology Cooperation Centres Network project Ms. Fotini Ioannidou, Acting Director Waterborne Transport, Head of Unit Maritime Safety, DG Mobility and Transport, European commission said: “(This) project is playing a key role to enable national and regional cooperation to tackle the impact of climate change and reduce greenhouse gas emissions from maritime shipping.”
6. Russia fails to win re-election to IMO Council Russia lost its re-election bid to the ruling council of the International Maritime Organization (IMO) on Friday. Other member states encouraged Liberia, the world’s largest shipping flag, to launch a rival bid to win a seat in the top category A part of the council with Ukrainian president Volodymyr Zelensky also exhorting members via video link to not vote for Russia.
7. Greener ship recycling options emerge Greener ship recycling options are emerging in South Asia. The European Union is close to adding more yards in Alang, India to its list of approved recycling facilities with discussions ongoing.
8. AD Ports looks to set up shipyard in Kazakhstan Abu Dhabi-based ports and logistics giant AD Ports Group is expanding its cooperation with Kazakh national oil company KazMunayGas with a deal to establish a shipbuilding and repair facility in the Mangistau region of Kazakhstan.
9. India Resumes Imports Of Venezuelan Oil Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance RELI.NS set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country, people familiar with the matter said.
10. Brazil Never To Be Full Member Of OPEC+, Only Observer Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to participate as an observer, Brazilian President Luiz Inacio Lula da Silva said on Sunday. Lula’s remarks to reporters at the U.N. COP28 climate summit in Dubai clarified his statements a day earlier that Brazil would “participate” in OPEC+.


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