InterManager Daily News 12.09.2024.

1. Columbia Group highlights importance of its people in delivering its commitment to innovation, resilience and sustainability in latest ESG report. Columbia Group, a leading integrated maritime, logistics, leisure, energy and offshore services platform, has released its latest sustainability report highlighting the importance of its people who are described as the ā€˜backboneā€™ of the company.
https://cyprusshippingnews.com/2024/09/11/columbia-group-highlights-importance-of-its-people-in-delivering-its-commitment-to-innovation-resilience-and-sustainability-in-latest-esg-report/
2. Castor Maritime snaps up its third boxship. Cyprus-based Nasdaq-listed bulker and boxship owner Castor Maritime is bolstering its fleet with a secondhand 1.850 teu vessel worth $16.49m.
The Petros Panagiotidis-led company said the unnamed 2009-built boxship would deliver by October this year and go on a 4-month charter at $29,000 per day.
https://splash247.com/castor-maritime-snaps-up-its-third-boxship/
3. COSCO in for LNG newbuild brace at Dalian. COSCO Shipping Energy Transportation (CSET) has set out to expand its fleet with LNG carrier newbuilds at Dalian Shipbuilding Industry Co (DSIC).
The listed oil and gas shipping arm of COSCO Shipping Group has approved the construction of two 175,000 cu m vessels worth around $254.6m each through its subsidiary COSCO Shipping LNG Investment.
https://splash247.com/cosco-in-for-lng-newbuild-brace-at-dalian/
4. HMM details $17.5bn expansion plans. South Korean flagship HMM today unveiled its expansion plans through to the end of the decade, setting aside a massive KRW23.5trn ($17.48bn) that will see its container fleet nearly double while its tanker and dry bulk fleets will triple in size come 2030.
https://splash247.com/hmm-details-17-5bn-expansion-plans/
5. Second National Security Multi-Mission Vessel, ā€˜Patriot Stateā€™, Christened at Philly. TOTE Services and Philly Shipyard have christened the second of five National Security Multi-Mission Vessels (NSMVs), named Patriot State.
The christening ceremony took place Monday at Philly Shipyard in Philadelphia, Pennsylvania, and was attended by high-ranking officials including the Secretary of Transportation and the Secretary of the Navy.
https://gcaptain.com/second-national-security-multi-mission-vessel-patriot-state-christened-at-philly/
6. What A Summer! ā€“ UW Group Celebrates a Vibrant Summer of Achievements, Community Engagement, and Team Spirit. UW Group, a leading global representative in the shipping industry, recently celebrated a series of noteworthy events and initiatives that highlighted its commitment to both professional excellence and community engagement.
https://cyprusshippingnews.com/2024/09/11/what-a-summer-uw-group-celebrates-a-vibrant-summer-of-achievements-community-engagement-and-team-spirit/
7. HMM announced major alliance restructuring with Premier Alliance and MSC Slot Exchange. HMM announced on September 9 that it has formed a new cooperative system, the ā€œPremier Alliance,ā€ replacing the existing ā€œTHE Alliance.ā€ The new cooperation will include HMM, ONE (Japan), and Yang Ming (Taiwan), the three existing members of THE Alliance. The cooperation period is set to begin in February 2025 and will last for five years.
https://cyprusshippingnews.com/2024/09/11/hmm-announced-major-alliance-restructuring-with-premier-alliance-and-msc-slot-exchange/
8. Draghi report recognises global leadership of European shipping and the need to remain internationally competitive. The long-awaited report by Mario Draghi on the competitiveness of the European economy published today, delivers strong and far-reaching recommendations to enhance the competitiveness of the European economy.
https://cyprusshippingnews.com/2024/09/11/draghi-report-recognises-global-leadership-of-european-shipping-and-the-need-to-remain-internationally-competitive/
9. Danish Shipping welcomes Draghi Report European Shipping is a strategic asset. Danish Shipping welcomes the Draghi Reportā€™s focus on comĀ­peĀ­tiĀ­tiĀ­veĀ­ness and green transition, calling for increased investment in innovation and support for global climate regulation. At the same time, they are pleased that the report emphasises the strategic importance of shipping for Europe.
https://cyprusshippingnews.com/2024/09/11/danish-shipping-welcomes-draghi-report-european-shipping-is-a-strategic-asset/
10. Easterly Maritime Logistics Equity Partners rebrands as Easterly Clear Ocean. Easterly Asset Managementā€™s (ā€œEasterlyā€) Maritime Logistics Equity Partners (ā€œMLEPā€), a company formed to capitalise on imbalances and dislocations in the international shipping markets, announced its formal rebrand as Easterly Clear Ocean.
https://cyprusshippingnews.com/2024/09/11/easterly-maritime-logistics-equity-partners-rebrands-as-easterly-clear-ocean/

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