InterManager Daily News 04.04.2024.

1. More and more shippers take action on seaborne GHG emissions Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680,000 tons of GHG emissions. Retail, lifestyle, automotive and FMCG companies are the pioneers.Shippers are increasingly taking action to eliminate greenhouse gas (GHG) emissions from their logistics. https://cyprusshippingnews.com/2024/04/02/more-and-more-shippers-take-action-on-seaborne-ghg-emissions/
2. How shipping containers can make or break the global economy The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe.If there is a slowdown in shipping-container circulation, there could be massive supply chain bottlenecks. https://cyprusshippingnews.com/2024/04/02/how-shipping-containers-can-make-or-break-the-global-economy/
3. Lawsuits over Baltimore bridge collapse likely, though limited, lawyers say The owner, operator and charterer of the container ship that struck Baltimore’s Francis Scott Key Bridge on Tuesday are likely to face lawsuits over its collapse and the people killed or injured, but legal experts say U.S. maritime law could limit the companies’ liability.https://cyprusshippingnews.com/2024/04/02/lawsuits-over-baltimore-bridge-collapse-likely-though-limited-lawyers-say/
4. US exports record number of LNG cargoes to Asia via Cape of Good Hope in March US LNG cargoes looking to reach Asia are continuing to choose the longer route through the Cape of Good Hope as bottlenecks impacting transits via the Panama and Suez canals remain.A record 24 US LNG cargoes have travelled to Asia via the Cape of Good Hope this month as of March 27, according to S&P Global Commodity Insights data. This is the largest number of monthly cargoes making the journey since S&P Global began recording the data in 2010. https://cyprusshippingnews.com/2024/04/02/us-exports-record-number-of-lng-cargoes-to-asia-via-cape-of-good-hope-in-march/
5. Gunvor and Pakistan LNG Limited settle all outstanding legal proceedings Gunvor and Pakistan LNG Limited confirm they have now settled all outstanding legal proceedings on terms satisfactory to all concerned. The parties look forward to continuing to work together. The terms and details of the settlement are subject to confidentiality agreements. https://cyprusshippingnews.com/2024/04/02/gunvor-and-pakistan-lng-limited-settle-all-outstanding-legal-proceedings/
6. Ship master and company convicted in Australia over pilot ladder failures The Commonwealth Director of Public Prosecutions (CDPP), on behalf of the Australian Maritime Safety Authority (AMSA), has successfully prosecuted a ship’s master and shipping company, following a serious accident involving a ship’s pilot in 2023. https://splash247.com/ship-master-and-company-convicted-in-australia-over-pilot-ladder-failures/
7. Euroseas fixes out boxship at bumper rate Nasdaq-listed Greek boxship owner Euroseas has entered a time charter contract for its 4,250 teu Synergy Antwerp with an undisclosed client.The contract is for a minimum period of 11.5 to a maximum period of 14 months at the option of the charterer, at a gross daily rate of $26,500. It is expected to contribute about $6.5m of EBITDA over the minimum contracted period and increase Euroseas’ 2024 charter coverage to about 80%. https://splash247.com/euroseas-fixes-out-boxship-at-bumper-rate/
8. Baltimore Bridge Collapse: Second Channel Opens The Captain of the Port (COTP) has established a second temporary channel on the southwest side of the main Fort McHenry Channel near Hawkins Point for essential commercial vessels. https://gcaptain.com/baltimore-bridge-salvage-and-wreck-removal-megathread/
9. Biden Administration Approves Eighth Offshore Wind Project The Biden Administration has given the green light to its eighth offshore wind project with the approval of the 2,600-megawatt New England Wind project located off Massachusetts. https://gcaptain.com/biden-administration-approves-eighth-offshore-wind-project/
10. Adani Gangavaram Port achieves a new record in handling Rakes & Cargo Adani Gangavaram Port the deepest and the most modern port in the country today set a new record of handling 7,473 rakes in FY 24 and also achieving a 20% of the year on year growth.AGPL is on track to achieve its highest ever annual cargo of 37.24 MMT for the financial year 2023-2024 and also achieve a 15% of the year on year growth. https://www.shippingtribune.com/news/shipping/Adani+Gangavaram+Port+achieves+a+new+record+in+handling+Rakes+%26+Cargo