InterManager Daily News 29.10.2024.

1. Synergy and Grace Ocean agree to pay the US $102m in first of many Dali legal cases. The Justice Department announced yesterday that Grace Ocean and Synergy Marine, the Singaporean corporations that owned and operated the Dali containership, have agreed to pay $102m to resolve a civil claim brought by the US five weeks ago for costs borne in responding to the catastrophic collapse seven months ago of the Francis Scott Key Bridge in Baltimore.  The Justice Department announced yesterday that Grace Ocean and Synergy Marine, the Singaporean corporations that owned and operated the Dali containership, have agreed to pay $102m to resolve a civil claim brought by the US five weeks ago for costs borne in responding to the catastrophic collapse seven months ago of the Francis Scott Key Bridge in Baltimore.  
https://splash247.com/synergy-and-grace-ocean-agree-to-pay-us-102m-in-first-of-many-dali-legal-cases/

Buckley McAllister the Chairman of Steamship Mutual Underwriting Association (Steamship London) noted:

“It is a pleasure to announce that the exceptionally strong financial position of the Club has allowed the Directors to authorise a capital distribution of US$42 million. This brings the total funds returned to Members to US$156 million in recent years. The Directors were also pleased to note that, whilst claims appear to be returning to higher levels, the current projections remain within budget expectations. The general increase approved will support the prudent underwriting approach that has served the Club well.”
https://cyprusshippingnews.com/2024/10/28/steamship-mutual-financial-update-and-2025-renewal/

3. Grain de Sail unveils the future of decarbonised maritime transport with the World’s Largest Wind-Powered Container Ship. Grain de Sail, a pioneer in decarbonized maritime logistics, has announced plans to construct its third cargo sailboat, the Grain de Sail III. This pure sailing vessel will be a 360-foot container ship, slated for launch in 2027, capable of transporting approximately 200 twenty-foot equivalent units with a maximum cargo capacity of 3,000 metric tons and crossing the Atlantic in just around 13 days.
https://cyprusshippingnews.com/2024/10/28/grain-de-sail-unveils-the-future-of-decarbonised-maritime-transport-with-the-worlds-largest-wind-powered-container-ship/

4. Damaged MV Ruby to Dock at Great Yarmouth Amid Concerns Over Explosive Cargo. The MV Ruby, a cargo ship carrying a significant amount of potentially explosive fertilizer, is set to dock at the Port of Great Yarmouth on Monday, October 28, 2024, Peel Ports Group has confirmed.The move comes after weeks of uncertainty and concerns over the ship’s hazardous cargo.
https://gcaptain.com/damaged-mv-ruby-to-dock-at-great-yarmouth-amid-concerns-over-explosive-cargo/

5. America’s Coast Guard Faces Impossible Odds Without More Funding. United States Coast Guard operations have never been more crucial. Ninety percent of global trade moves by sea, and more than twenty percent of the world’s population relies on the ocean as their primary food source. Maritime tensions are rising due to territorial disputes and strategic competition.
https://gcaptain.com/us-coast-guard-funding/

6. This Flipping Ship Just Escaped the Wrecker’s Claws—And Her Story Is Mind-Blowing! In a quiet corner of the Pacific last August, a vessel unlike any other was making what many thought was its final voyage. R/P FLIP (Floating Instrument Platform), the U.S. Navy’s legendary research vessel that could stand on end like a floating skyscraper, was being towed to Mexico to be scrapped. For well over half a century, FLIP had been an icon of oceanographic research, a testament to audacious engineering and the human thirst for discovery. Its decommissioning, announced last year, marked the end of an era—or so it seemed.
https://gcaptain.com/saving-rv-flip-from-the-wreckers-clawsand-its-story-is-mind-blowing/

7. Biden-Harris To Scale Back Missile Defense Of Guam.  A proposed multibillion-dollar missile defense system for Guam has been reduced to 16 sites on the island from the original 22, the U.S. Missile Defense Agency said in a draft environmental impact statement on Friday.
https://gcaptain.com/biden-harris-scale-back-missile-defense-of-guam/

8. Naming ceremony for newbuilding LNG carrier Marvel Swallow for Mitsui & Co held. Engaged in Mitsui’s Global LNG Trading Busines

Mitsui O.S.K. Lines, announced that on October 25, it held a naming ceremony for a newbuilding LNG carrier, which will serve Mitsui , at the Geoje Shipyard of Hanwha Ocean  in South Korea.
https://cyprusshippingnews.com/2024/10/28/naming-ceremony-for-newbuilding-lng-carrier-marvel-swallow-for-mitsui-co-held/

9. Abu Dhabi Maritime Awards receives 120 Marina submissions. In cooperation with the Integrated Transport Centre  of the Department of Municipalities and Transport, Abu Dhabi Maritime, part of AD Ports Group, has announced it has received 120 submissions from marinas across eight countries for the second edition of the Abu Dhabi Maritime Awards. The awards celebrate key achievements in the maritime sector, highlighting excellence in six categories: ‘Sustainability’, ‘Employer Excellence’, ‘Health and Safety’, ‘Customer Experience’, ‘Innovation’, and ‘Outstanding Marina’.
https://cyprusshippingnews.com/2024/10/28/abu-dhabi-maritime-awards-receives-120-marina-submissions/

10. LR launches new benchmarking platform to drive Digital Maturity in maritime. This innovative tool offers maritime businesses a structured and measurable approach to navigate the complex challenge of digital transformation.

Lloyd’s Register  announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity.
https://cyprusshippingnews.com/2024/10/28/lr-launches-new-benchmarking-platform-to-drive-digital-maturity-in-maritime/