InterManager Daily News 07.12.2023.

1. Seaspan joins new sector to order world’s largest car carriers with Hyundai Glovis Seaspan, the world’s largest boxship lessor, has marked its entry into the car carrier segment in partnership with South Korea’s Hyundai Glovis.The Atlas Corporation subsidiary and the shipping and logistics unit of Hyundai Motor Group have signed up for up to ten 10,800 ceu ships at Shanghai Waigaoqiao Shipbuilding. https://splash247.com/seaspan-joins-new-sector-to-order-worlds-largest-car-carriers-with-hyundai-glovis/
2. MOL forms carbon capture and storage partnership in Bahrain Japanese shipowner Mitsui OSK Lines has teamed up with Bahrain’s Bapco Energies to develop a cross-border carbon capture and storage (CSS) project.Under a memorandum of understanding, the two companies will work towards establishing a CCS value where MOL would be responsible for shipping of liquefied CO2 and Bapco would provide the sequestration sites. https://splash247.com/mol-forms-carbon-capture-and-storage-partnership-in-bahrain/
3. Dark’ tanker oil transfers rise further with suspected sanctioned trades Shadowy oil transfers at sea with tankers switching off their transponders to hide their location continued to rise in the third quarter with increased activities suspected to be linked to Russia, Iran and Venezuela — all of whose exports are subject to Western sanctions. https://cyprusshippingnews.com/2023/12/05/dark-tanker-oil-transfers-rise-further-with-suspected-sanctioned-trades/
4. Pakistan becomes Party to Hong Kong ship recycling Convention Pakistan has become a Party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009Vice Admiral (Retd.) Iftikhar Ahmad Rao, Maritime Minister and Special Assistant to the Prime Minister (SAPM) on Maritime Affairs, Pakistan, deposited the instrument of accession with IMO Secretary-General Kitack Lim at IMO Headquarters in London (30 November). https://cyprusshippingnews.com/2023/12/05/pakistan-becomes-party-to-hong-kong-ship-recycling-convention/
5. Shipping CEOs join forces to accelerate the decarbonisation of the global maritime transport The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels. https://cyprusshippingnews.com/2023/12/05/shipping-ceos-join-forces-to-accelerate-the-decarbonisation-of-the-global-maritime-transport/
6. Americas Fuel Availability Outlook Demand for all grades has mostly dropped across major bunkering ports in the Americas. But Houston has seen a jump in enquiries for all grades this week. While prompt VLSFO and LSMGO availability was reported tight at the beginning of this week, it returned to normal levels in the port as the week progressed. https://cyprusshippingnews.com/2023/12/05/americas-fuel-availability-outlook-4/
7. Jamaica pledges continuing support to international maritime regulation as it is re -elected to IMO Council Jamaica’s commitments to its maritime development and future growth go hand in hand with its support of the International Maritime Organization, the country’s Minister of Science, Energy, Telecommunications and Transport said this week as the country celebrated its re-election to Category C of the IMO Council. https://cyprusshippingnews.com/2023/12/05/jamaica-pledges-continuing-support-to-international-maritime-regulation-as-it-is-re-elected-to-imo-council/
8. Britain, US Blame Iran for Enabling Red Sea Shipping Attacks Britain has condemned the recent attacks on commercial shipping in the Red Sea and has placed the blame on Iran for supporting the Houthi militants responsible for the incidents. The United States also is holding Iran accountable for enabling these attacks. https://gcaptain.com/britain-us-blame-iran-for-enabling-attacks-on-shipping/
9. Chunk of Norway’s Offshore Gas Discoveries Risk Going Untapped A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production. By the end of last year, there were 84 gas discoveries off the coast, with estimated reserves exceeding 1.2 billion square meters, the Norwegian Petroleum Directorate said Tuesday. https://gcaptain.com/chunk-of-norways-offshore-gas-discoveries-risk-going-untapped/
10. Baltic index gains hits a one-and-a-half year high on strong vessel demand A swath of Norway’soffshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production. By the end of last year, there were 84 gas discoveries off the coast, with estimated reserves exceeding 1.2 billion square meters, the Norwegian Petroleum Directorate said Tuesday. https://gcaptain.com/chunk-of-norways-offshore-gas-discoveries-risk-going-untapped/