InterManager Daily News 29.01.2024.

1. Acheon Akti sets course for future growth through Digital Transformation with Infoship Software and Arribatec Marine Acheon Akti Navigation Company Ltd, the leading ship-management company based in Limassol, Cyprus, today announced a significant partnership with ArribatecMarine to implement Infoship software, a comprehensive web-based solution designed to optimise and streamline fleet maintenance and procurement processes. https://cyprusshippingnews.com/2024/01/26/acheon-akti-sets-course-for-future-growth-through-digital-transformation-with-infoship-software-and-arribatec-marine/
2. Red Sea shipping stages fragile uptick as US continues to hit Houthi sites Tanker and commercial shipping traffic through the Red Sea show signs of a fragile recovery from recent lows, according to ship tracking data, after the US and its allies continued to hit Houthi military assets in an attempt to stop the militant group from hurting seaborne trade in the strategic waterway. https://cyprusshippingnews.com/2024/01/26/red-sea-shipping-stages-fragile-uptick-as-us-continues-to-hit-houthi-sites/
3. Watch out for new emission control areas The previously announced Mediterranean Sea ECA is set to take effect on 1 May 2025. In addition, Norway and Canada have submitted proposals to designate the Norwegian Sea and parts of the Canadian Arctic as ECAs and work is also underway on a new ECA in the North-Atlantic Ocean. https://cyprusshippingnews.com/2024/01/26/watch-out-for-new-emission-control-areas/
4. As more tankers divert from Suez Canal, there’s a ‘sea change’ in way Europe is buying crude Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. Longer trips for the Middle-Eastern barrels that replaced Russian flows to Europe introduce supply issues, and this is leading to a “sea change” in commodity purchases by Europe, and a boost for Atlantic Basin crude suppliers including the U.S. and Brazil. https://cyprusshippingnews.com/2024/01/26/as-more-tankers-divert-from-suez-canal-theres-a-sea-change-in-way-europe-is-buying-crude/
5. Russia’s Novatek resumes fuel loadings at damaged Ust-Luga terminal Russian energy company Novatek resumed fuel loadings on Wednesday at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack, according to industry sources and LSEG data.The attack and ensuing fire have disrupted Russian fuel exports and added to uncertainty in energy markets already rocked by geopolitical jitters and tensions in the Red Sea region, one of the key gateways for global oil exports. https://cyprusshippingnews.com/2024/01/26/russias-novatek-resumes-fuel-loadings-at-damaged-ust-luga-terminal/
6. Product tanker struck by missile in the Gulf of Aden The Marlin Luanda, a 110,000 dwt product tanker, was struck last night by a missile in the Gulf of Aden after transiting the Red Sea.A significant fire was reported in one cargo tank on the starboard side with nearby US naval assets coming to assist the stricken ship. https://splash247.com/product-tanker-struck-by-missile-in-the-gulf-of-aden/
7. Why globalisation and its enemies matter Why globalisation and its enemies matter Why globalisation and its enemies People like to feel that they are right. It is far easier to get someone to agree with something by flattering them, and telling them that you agree with them than it is to try to tell them that they don’t know something, or that what they think they know is mistaken. In business, we call this ‘The Boss’s Good Idea’:You: “Boss, I’ve been thinking about that idea you had last Thursday!”Boss:” What idea?” (Boss never had the Idea)You: “Your idea about (insert what you want done, here). I’ve been thinking about it and it’s brilliant…” https://splash247.com/why-globalisation-and-its-enemies-matter/
8. Equinor and BP Swap Ownership in New York Offshore Wind Projects Equinor has agreed to a swap transaction with BP, resulting in a significant reshuffling of ownership for several offshore wind projects in New York State. The deal will see Equinor taking full control of the Empire Wind lease and projects, while BP will assume full ownership of the Beacon Wind lease and projects. https://gcaptain.com/equinor-and-bp-swap-ownership-in-new-york-offshore-wind-projects/
9. Amid Red Sea Crisis, Ships Now Face Rise in Somali Piracy Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in response to the Israel-Hamas war. The Horn of Africa nation has recorded five assaults on commercial ships off its coast since November, Hassan Mohamed Afrah, the director of Somalia’s maritime agency, said by phone on Friday. https://gcaptain.com/amid-red-sea-crisis-ships-now-face-rise-in-somali-piracy/
10. Baltic index ekes out weekly gain as smaller vessel rates rise The Baltic Exchange’s dry bulk sea freight index gained on Friday to squeeze out a second weekly increase, as higher rates for smaller vessels countered weakness in the capesize segment. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 19 points, or 1.3%, to 1,518. It rose 1% for its second consecutive weekly gain. https://www.shippingtribune.com/news/shipping/Baltic+index+ekes+out+weekly+gain+as+smaller+vessel+rates+rise