InterManager Daily News 01.03.2024.

1. Tackling bullying and harassment in the maritime sector “We remain steadfast in our commitment to creating a safe and respectful working environment on board. Recognizing that this is not only a moral imperative but also a practical necessity for the industry’s sustainable growth, we are committed to preventing and combatting bullying and harassment in the maritime sector.” https://cyprusshippingnews.com/2024/02/29/tackling-bullying-and-harassment-in-the-maritime-sector/
2. New roles for LR leadership team in China Lloyd’s Register) is pleased to announce that two key senior LR leaders in the Greater China team will be moving into new positions.Sau Weng Tang takes over responsibility for Greater China as President, to support the company’s continued commitment and growth within the country. Meanwhile, Dr Mao-Gen Xue, former President of Greater China, will move to a new role as Senior Advisor for Greater China. https://cyprusshippingnews.com/2024/02/29/new-roles-for-lr-leadership-team-in-china/
3. Port sustainability consultancy reports record growth Leeds headquartered sustainability consultancy Tunley Environmental is reporting a record financial year with annual turnover surpassing £1million for the first time, reaching £1.55million for 2023-24.The company, founded by 36-year-old entrepreneur Dr Will Beer in 2017, achieved growth of more than 200 per cent for the year, its third successive year of turnover growth in excess of 50 per cent. https://cyprusshippingnews.com/2024/02/29/port-sustainability-consultancy-reports-record-growth/
4. Baltic Index climbs Multiweek highs on firm Capesize and Supramax rates The Baltic Exchange’s dry bulk sea freight index edged up to a seven-week high on Monday, buoyed by climbing rates in the capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 5 points, or 0.3%, at 1,871 points, its highest since Jan. 9. https://cyprusshippingnews.com/2024/02/29/baltic-index-climbs-multiweek-highs-on-firm-capesize-supramax-rates/
5. Jamaica hosts crucial oil spill planning workshop With this in mind, the Maritime Authority of Jamaica co-hosted with the Office of Disaster Preparedness and Emergency Management, a regional workshop on February 19 to 21, 2024, to assist Jamaica with updating its National Oil Spill Contingency Plan under the direction of the Regional Activity Centre/ Regional Marine Pollution Emergency, Information and Training Centre-Wider Caribbean Region, which provided the consultants for the workshop. https://cyprusshippingnews.com/2024/02/29/jamaica-hosts-crucial-oil-spill-planning-workshop/
6. Euroseas eyes improved box market as it fixes out another newbuild Greek owner Euroseas has taken advantage of the improving containership market to clinch another long-term charter deal for one of its newbuild feeders delivering this year.The Aristides Pittas-led company has fixed a 2,800 teu Leonidas Z for up to 25 months from April or May at $20,000 per day. https://cyprusshippingnews.com/2024/02/29/jamaica-hosts-crucial-oil-spill-planning-workshop/
7. Capesize FFAs hitting prolonged highs not experienced since the 2000s Capesize rates are on a charge, leaping by more than 10% on the Baltic Exchange yesterday to stand on the cusp of the $30,000 a day mark thanks in no small part to strong volumes of iron ore from Brazil to northern China. https://splash247.com/capesize-ffas-hitting-prolonged-highs-not-experienced-since-the-2000s/
8. Navy Secretary Del Toro Pursuing Korean Investment to Help Revitalize American Shipbuilding U.S. Secretary of the Navy Carlos Del Toro met with top shipbuilding executives in Korea this week, visiting two of the world’s largest and most technologically advanced shipyards. The goal of the visit was to attract Korean investment in commercial and naval shipbuilding facilities in the United States. https://gcaptain.com/navy-secretary-del-toro-pursuing-korean-investment-to-help-revitalize-american-shipbuilding/
9. Six Rescued After Helicopter Crashes Offshore Norway A helicopter carrying six people crash landed in the ocean off the coast of western Norway on Wednesday, and all those on board were later hoisted from the sea, the country’s Joint Rescue Coordination Centres said.Haukeland University Hospital, the region’s largest, said it had received all six patients from the accident but that their medical condition was unclear at the moment. https://gcaptain.com/six-rescued-after-helicopter-crashes-offshore-norway/
10. Shipping’s largest, most fragmented sector faces up to consolidation realities Shipping’s largest sector – dry bulk – has experienced some very significant merger moves in recent months, which many believe is just the start of a period of consolidation for the highly fragmented industry. https://www.shippingtribune.com/news/shipping/Shipping%E2%80%99s+largest%2C+most+fragmented+sector+faces+up+to+consolidation+realities