InterManager Daily News 11.07.2024.

1. Columbia Group and Crowley forge strategic alliance to leverage combined expertise in US and global markets. Columbia Group and Crowley have signed a strategic cooperation agreement that broadens both companies’ ship management solutions for customers, leveraging their extensive, industry-leading expertise across the maritime, logistics and energy sectors.
2. Mintra shortlisted for Safety4Sea training award for spearheading competency-based digital training in collaboration with Bernhard Schulte Shipmanagement. Mintra, a leading provider of digital learning and human capital management solutions for safety-critical industries, is proud to announce it is on the shortlist for the prestigious Safety4Sea 2024 Training Award. This recognition comes as a result of Mintra’s significant achievement in partnering with Bernhard Schulte Shipmanagement (BSM) to spearhead competency-based digital training for 20,000 seafarers worldwide.
3. Danaos Corporation announces additions of 616 million to its contracted revenue backlog and the addition of five ocntainership vessels to its newbuildings orderbook. Danaos Corporation, one of the world’s largest independent owners of containerships, announced that (i) it has added $616 million to its contracted revenue backlog and (ii) has added an extra five newbuilding containerships to its orderbook.
4. Euroseas announces two-year time charter contract for its feeder ocntainership, M/V Joanna, and other operational developments. Euroseas , an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced  a new time charter contract for its feeder containership, M/V Joanna, built in 1999 with capacity of 1732 teu, for a minimum period of 23 to a maximum period of 25 months at the option of the charterer, at an average gross daily rate of $16,500.
5. VLCCs might play spoilsport in the LR market. Skyrocketing freight rates in the product tanker market, especially in the LR segment, are luring some charterers to use VLCCs for the CPP trade after tank cleaning. As most LRs carrying Middle Eastern diesel to Europe are passing through the Cape of Good Hope, the stretched voyages have not only increased the cost of transportation but also tightened tonnage supply, underpinning LR rates.
6. Western Bulk nets $4.5m from sale of modern ultramax. Norwegian dry bulk operator Western Bulk Chartering has bagged around $4.5m in profits from the sale of a 2019-built ultramax.The Western Oslo has been offloaded to an undisclosed buyer after the Oslo-listed company exercised a purchase option at Nisshin Shipping.
7. NYK takes entire gas, product tanker and bulker fleet from Eneos Ocean. Nippon Yusen Kaisha (NYK) has sealed a deal to take over the majority of Eneos Ocean Corporation’s fleet. The Japanese shipping line is buying an 80% stake in a new company that will control nearly 50 ships, excluding Eneos Ocean’s crude tanker business.
8. Houthi campaign returns in earnest. The Houthi campaign against merchant shipping is back in earnest following a pause at the start of the month.Splash reported yesterday on an attack on the Maersk Sentosa in the Gulf of Aden, far away from the Yemeni coastline – the first confirmed attack in July.  The United Kingdom Maritime Trade Operations (UKMTO) said that the vessel had reported an explosion nearby but no damage or injuries to the crew.
9. Panama Canal Expects New Water Reservoir for Ship Crossings in 6 Years. The Panama Canal expects to complete a billion-dollar construction of a new water reservoir within six years that will help ensure the passage of 36 ships a day, the administrator of the global waterway said on Monday.
10. Gujarat’s non-major ports see 15% surge in cargo traffic in first quarter. In a boost to India’s maritime sector, Gujarat’s non-major ports have registered a 15% increase in cargo traffic for the first quarter of the financial year 2025. This growth rate far outpaces the 3.9% growth seen at major ports across India during the same period as per the traffic figures posted by the Indian Port Association, the state government said in a press statement.


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