InterManager Daily News 06.02.2024.

1. Intership unveils new logo and tagline amidst rebranding Intership is proud to unveil its new modernised logo and tagline as part of its rebranding as a pure ship manager, following its management buy-out by long-term CEO Dieter Rohdenburg. https://cyprusshippingnews.com/2024/02/05/intership-unveils-new-logo-and-tagline-amidst-rebranding/
2. Red Sea attacks increase shipping times and freight rates says EIA After Yemen-based Houthi militia attacks on commercial ships transiting the Red Sea started in November 2023, some vessels began opting to avoid the Bab el-Mandeb chokepoint—a narrow strait that borders the Yemeni coast and is the southern entrance to the Red Sea. Instead, they’re choosing to take longer, more costly routes around the tip of Africa. https://cyprusshippingnews.com/2024/02/05/red-sea-attacks-increase-shipping-times-and-freight-rates-says-eia/
3. IMO Secretary-General sets fresh agenda for maritime IMO Secretary-General Arsenio Dominguez shared the Organization’s plans and focus areas for the next four years, with the aim of ensuring safer, more secure and environmentally friendly shipping.Speaking at a press conference at IMO Headquarters in London, Mr. Dominguez outlined four strategic priorities: IMO’s work to regulate international shipping; its support to Member States – particularly Small Island Developing States and Least Developed Countries; enhancing public awareness and image; and relations with people and stakeholders. https://cyprusshippingnews.com/2024/02/05/imo-secretary-general-sets-fresh-agenda-for-maritime/
4. Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk and Hapag-Lloyd partnership which will start operating services in February 2025, have the potential to be transformative for customers and carrier alliances, according to leading shippers. https://cyprusshippingnews.com/2024/02/05/shippers-hail-transformational-potential-of-new-maersk-hapag-lloyd-gemini-partnership-promising-90-service-reliability/
5. Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime Organization (IMO), for a Zero Emission Shipping Fund (ZESF). https://cyprusshippingnews.com/2024/02/05/zero-emission-shipping-fund-proposal-submitted-to-un-to-deliver-on-shippings-net-zero-targets/
6. Tehran warns Pentagon to steer clear of two IRISL ‘spy’ ships The US military struck multiple Houthi positions in Yemen over the weekend, while Iran warned the US yesterday to avoid targeting two ships ostensibly belonging to Islamic Republic of Iran Shipping Lines (IRISL). https://splash247.com/tehran-warns-pentagon-to-steer-clear-of-two-irisl-spy-ships/
7. LNG carrier deliveries this year to smash previous record by close to 50% The pace of LNG newbuild deliveries will smash records this year, beating the previous annual gas ship delivery peak of 2021 by 48%. Data from Clarksons Research shows 89 LNG ships – with a combined 14.9 cu m capacity – are due to deliver this year, more than double the 10-year average, representing a 48% increase on the current record of 10.1m cu m delivered three years ago. https://splash247.com/lng-carrier-deliveries-this-year-to-smash-previous-record-by-close-to-50/
8. Submissions fly in for next month’s MEPC Submissions are flying in to the London headquarters of the International Maritime Organization (IMO) ahead of the eighty-first session of the Marine Environment Protection Committee (MEPC) next month where the focus will be on developing legally-binding measures to ensure last year’s milestone agreement to phase out greenhouse gases from shipping by 2050 is made possible. https://splash247.com/submissions-fly-in-for-next-months-mepc/
9. Ukraine Farm Exports From Odesa Seaports 14.3M Tons Since August Ukraine’s agriculture exports from Odesa-region seaports have reached 14.3 million tons since August, when a new Black Sea shipping corridor was set up. The war-torn nation is pressing ahead with the shipment of commodities, mostly grains, after Russia last summer pulled out of a safe-transit agreement brokered a year earlier by Turkey and the United Nations. https://gcaptain.com/ukraine-farm-exports-from-odesa-seaports-14-3m-tons-since-august/
10. European LNG bunker fuel prices competitive despite winter LNG bunker fuel in Rotterdam has been more competitive in comparison with other shipping fuels this winter, trading at discounts to alternatives such as 0.5% marine fuel not seen since the summer months of 2023.
Winter leads to stronger heating and power demand that typically boosts LNG cargo prices, which support LNG bunker fuel prices. https://www.shippingtribune.com/news/shipping/European+LNG+bunker+fuel+prices+competitive+despite+winter