InterManager Daily News 26.11.2024.

1. Columbia Shipmanagement celebrates 10 years of service to maritime in China. Columbia Shipmanagement (CSM) has celebrated 10 years of serving the China maritime community with President and CEO Mark O’Neil highlighting the ‘wonderful diversity of shipping’.
https://cyprusshippingnews.com/2024/11/22/columbia-shipmanagement-celebrates-10-years-of-service-to-maritime-in-china/
2. Redefining Shipping in Geneva: The Journey to 2050. This week, Geneva became the hub of innovation dialogue at Redefining Shipping by Klaveness. A critical question took center stage: How can we achieve a 100% carbon reduction by 2050 while expanding the fleet by 40%?
https://cyprusshippingnews.com/2024/11/25/redefining-shipping-in-geneva-the-journey-to-2050/
3. Hong Kong engages partners to fuel maritime green shift. A unified voice calling for bolder actions to decarbonize the maritime transport and ensure a just transition has been heard at the World Maritime Merchants Forum 2024, which officially concluded on Wednesday.
https://cyprusshippingnews.com/2024/11/25/hong-kong-engages-partners-to-fuel-maritime-green-shift/

4. Global oil and gas contract value declines despite steady volume in Q3 2024, reveals GlobalData. The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in Q3 2024. Despite this, steady contract volumes, particularly in the Middle East, were driven by substantial projects such as Saipem’s $4 billion contract with QatarEnergy and multi-billion-dollar agreements from Saudi Aramco, providing some stability, reveals GlobalData, a leading data and analytics company.
https://cyprusshippingnews.com/2024/11/25/global-oil-and-gas-contract-value-declines-despite-steady-volume-in-q3-2024-reveals-globaldata/
5. Kremlin says new U.S. sanctions are an attempt to hinder Russian gas exports. The Kremlin on Friday said that new U.S. sanctions on Russia’s Gazprombank were an attempt by Washington to hinder the export of Russian gas, but saida solution would be found.
https://cyprusshippingnews.com/2024/11/25/kremlin-says-new-u-s-sanctions-are-an-attempt-to-hinder-russian-gas-exports/
6. Chicago Propeller Club celebrates winning International Port Chapter of Year. Chicago Propeller Club celebrated being named International Propeller Club of the Year at its latest event.
Guests from across the Great Lakes and Mid West maritime industry gathered for the reception, a Chicago River cruise aboard club sponsor Wendella Cruises vessel the Iris.
https://cyprusshippingnews.com/2024/11/25/chicago-propeller-club-celebrates-winning-international-port-chapter-of-year/
7. Shipping toasts best year for tonne-mile growth since 2010. The Red Sea shipping crisis – and to a smaller extent, the drought in Panama – have led to the strongest growth in tonne-miles registered this year since 2010, helping prop up rates to highly profitable levels for most shipping sectors.
https://splash247.com/shipping-toasts-best-year-for-tonne-mile-growth-since-2010/
8. Idan Ofer cashes out of ZIM. Israeli billionaire Idan Ofer is cashing out of ZIM after 25 years.Ofer’s Kenon Holdings has announced it will sell 14.8m shares in the Israeli carrier for $360m, having sold another 5m shares in July this year. Ofer will be left with 5m shares which are in a collar transaction due to expire in July 2026.
https://splash247.com/idan-ofer-cashes-out-of-zim/
9. US Agency Conducting Due Diligence On Adani’s Sri Lanka Project. A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.
https://gcaptain.com/us-agency-conducting-due-diligence-on-adanis-sri-lanka-project/
10. Australia Protest Forces Ship To Abort Arrival At Coal Port, 170 Arrested. A climate change protest off the coast of Australia’s New South Wales State forced an inbound ship to turn back from the country’s largest terminal for coal exports on Sunday, theport operator said.
https://gcaptain.com/australia-protest-forces-ship-to-abort-arrival-at-coal-port-170-arrested/

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