InterManager Daily News 10.07.2024.

1. Leadership change at Ardmore Shipping. New York-listed, Ireland-based tanker owner and operator Ardmore Shipping has announced the retirement of its founder and chief executive, Anthony Gurnee, later this year.
https://splash247.com/leadership-change-at-ardmore-shipping/
2. IEA makes more of its data and statistics freely available through upgraded countries and regions pages. In another major step towards making more IEA data freely available and accessible, the IEA has upgraded the Countries and Regions section of its website by adding a comprehensive range of statistics and information at the global, regional and national levels.
https://cyprusshippingnews.com/2024/07/09/iea-makes-more-of-its-data-and-statistics-freely-available-through-upgraded-countries-and-regions-pages/
3. The Marine Energy Council announces 13 new Lead Partners. The Marine Energy Council (MEC) is proud to announce 13 new companies have joined the industry group as Lead Partners. These Lead Partners will support the MEC’s ambition to make the UK the world leader in tidal stream and wave energy.
https://cyprusshippingnews.com/2024/07/09/the-marine-energy-council-announces-13-new-lead-partners/
4. Oil settles 1% lower as Mideast ceasefire talks ease supply disruption concerns. Oil prices settled lower on Friday as the rising possibility of a ceasefire deal in Gaza outweighed strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes.
https://cyprusshippingnews.com/2024/07/09/oil-settles-1-lower-as-mideast-ceasefire-talks-ease-supply-disruption-concerns/
5. BAI Index July 2024: Market summary. Global air freight rates maintained a firm tone again throughout June, according the latest data from TAC Index, the leading price reporting agency for air freight.
https://cyprusshippingnews.com/2024/07/09/bai-index-july-2024-market-summary/
6. VLCC Supply Vs Baltic rates. This week’s data highlights an increasing trend in VLCC available spot relet vessels to load in Ras Tanura in the next 30 days (left chart), coinciding with weakening AG-China freight market rates throughout June.
https://cyprusshippingnews.com/2024/07/09/vlcc-supply-vs-baltic-rates/
7. Blasts reported in Gulf of Aden in first suspected Houthi attack of the month. A ship sailing through the Gulf of Aden came under fire Tuesday in a new suspected attack launched by Yemen’s Houthi group.If confirmed, the incident, which took place some 180 nautical miles east of the coastal town of Nishtun, would be the first Houthi launch targeting commercial shipping this month.
https://splash247.com/blasts-reported-in-gulf-of-aden-in-first-suspected-houthi-attack-of-the-month/
8. SBM Offshore signs deal to work on floating power hub with carbon capture. Dutch floater expert SBM Offshore has signed a memorandum of understanding (MoU) with Ocean-Power to collaborate on a floating power generation hub with CO2 capture and storage.The purpose of the partnership is to assess the technical feasibility and commercial readiness to collaborate on the concept, exclusive to the Norwegian Continental Shelf and United Kingdom Continental Shelf.
https://splash247.com/sbm-offshore-signs-deal-to-work-on-floating-power-hub-with-carbon-capture/
9. Maritime Unions Call on NATO to Boost Merchant Marine Investment. A coalition of maritime unions from NATO member states has issued a joint statement urging the alliance to increase investment in the merchant marine, which is deemed crucial to counter rising adversaries and protect nations during times of crisis.
https://gcaptain.com/maritime-unions-call-on-nato-to-boost-merchant-marine-investment/
10. Singapore Container Ship Logjam Spills Over to Malaysian Port. Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and causing delays in the movement of consumer goods.
https://gcaptain.com/singapore-container-ship-logjam-spills-over-to-malaysian-port/

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