InterManager Daily News 17.09.2024.

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1. CarbonLeap urges shipowners to act swiftly in order to reap FuelEU Maritime pooling benefits. CarbonLeap, the leading independent organization for managing monetised carbon reductions in global transportation, today called on shipowners in compliance deficit to act now if they want to take advantage of the cost-efficiencies created by vessel pooling for meeting FuelEU Maritime compliance targets for commercial vessels over 5,000 GT.
https://cyprusshippingnews.com/2024/09/16/carbonleap-urges-shipowners-to-act-swiftly-in-order-to-reap-fueleu-maritime-pooling-benefits/
2. APPEC LNG buyers flag US supply risks after export pause. Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the United States following the decision by President Joe Biden’s administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.
Officials from Taiwan’s CPC Corp and Germany-based SEFE, which trades LNG cargoes and sells in Asia, stressed the importance of reliability of supply while responding to a question on the impact of the U.S. export pause on Asian markets.
https://cyprusshippingnews.com/2024/09/16/appec-lng-buyers-flag-us-supply-risks-after-export-pause/
3. Port of Long Beach achieves busiest month on record. The peak shipping season boosted the Port of Long Beach in August to its strongest month in its 113-year history as retailers moved cargo ahead of potential tariff increases and labor negotiations continued at seaports on the East and Gulf coasts.
https://cyprusshippingnews.com/2024/09/16/port-of-long-beach-achieves-busiest-month-on-record/
4. Chapman School of Seamanship leverages Yamaha Maintenance Certification Program to help boost U.S. Coast Guard Careers. The Chapman School of Seamanship recently became a member of the U.S. Coast Guard’s (USCG¼) Lateral Entry Program thanks to a Yamaha curriculum offered through the school. Students who complete the nine-week Yamaha Marine Maintenance Certification Program offered by Chapman can enter the USCG¼ at a pay grade of E-4 versus E-1 without the requirement of additional training, giving them a two-year head start in building a career with the USCG¼.
https://cyprusshippingnews.com/2024/09/16/chapman-school-of-seamanship-leverages-yamaha-maintenance-certification-program-to-help-boost-u-s-coast-guard-careers/
5. All eyes on APPEC as crude tanker freight rates soften further. As APPEC kicks off there have been various reports and thought pieces expressing a doubtful tomorrow for the world’s oil markets as crude prices continue to falter. A similar picture is reflected on crude tanker freight rates, which continue to drop throughout the summer months, begging the question of whether a pick up is on the cards following the seasonal summer lull or whether this lull is here to stay?
https://cyprusshippingnews.com/2024/09/16/all-eyes-on-appec-as-crude-tanker-freight-rates-soften-further/
6. South China Sea Standoff: Philippines Swaps Coast Guard Ship at Sabina Shoal. The Philippines said it was sending a vessel to Sabina Shoal to replace a coast guard ship that returned to port on Sunday after a five-month deployment at the contested feature in the South China Sea, in a swap that would likely irk China. Beijing had demanded the Philippines withdraw the 97-metre (318-foot) coast guard vessel Teresa Magbanua it claimed was “illegally stranded” at the atoll, which it asserts it owns as part of its broader claim to nearly the entire South China Sea.
https://gcaptain.com/south-china-sea-standoff-philippines-swaps-coast-guard-ship-at-sabina-shoal/
7.  Shanghai Braces for Typhoon Bebinca: Ports Shut Down Amid Red Alert. Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949
https://gcaptain.com/shanghai-braces-for-typhoon-bebinca-ports-shut-down-amid-red-alert/
8. Megalodon Shark Once Ruled the Seas, Here’s Why It Went Extinct. Imagine the seas off Peru, 6 million years ago. A group of long-nosed dolphins swam through the warm seawater, breaking the surface with occasional enthusiastic leaps into the stark sunshine, then diving crisply back into the clear water to join their compadres.
https://gcaptain.com/megalodon-shark-ruled-the-seas-heres-why-it-went-extinct/
9. Increasing freight costs, container shortages threaten exports: GTRI. Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports, think tank GTRI said on Sunday.
To address these challenges, the Global Trade Research Initiative (GTRI) recommended that India implement several strategies to boost domestic container production, enhance the role of local shipping companies, promote use of domestic containers, and strengthen local shipping firms.
https://www.shippingtribune.com/news/shipping/Increasing+freight+costs%2C+container+shortages+threaten+exports%3A+GTRI
10. Vizhinjam Port receives biggest vessel to berth in South Asia. THIRUVANANTHAPURAM: Vizhinjam International Seaport received MSC Claude Girardet, the biggest vessel to berth at an Indian port, on Friday. It is also the largest ship ever to arrive in South Asia. The vessel, which came from Malaysia, has a container capacity of 24,116 TEUs (twenty-four equivalent units). It is 399m long, 61.5m wide and has a depth of 16.7m below the waterline. It is sailing under the flag of Liberia.
https://www.shippingtribune.com/news/shipping/Vizhinjam+Port+receives+biggest+vessel+to+berth+in+South+Asia

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