Seacurus Daily: Top Ten Maritime News Stories 29/08/2018

Seacurus Daily: Top Ten Maritime News Stories 29/08/2018

1. Scrubber Orders on the Rise
Surge in scrubber orders for containerships to meet 2020 sulphur cap. In line with a number of other vessel types there has been a surge in orders for scrubbers for containerships to
meet the requirements of IMO’s 2020 0.5% sulphur cap, according to analyst Alphaliner. 
While currently just 25 containerships have scrubbers installed this number is set to surge to 193 by the 2020 when the sulphur cap
for marine fuel comes into force. The vast majority of these will be retrofits to existing vessels, while 33 will be installed on newbuildings.

2. Cruise Ship a Big Hit
The cruise ship Carnival Horizon allided with the Manhattan Cruise Terminal pier at West 54th Street in New York City. “The ship bumped into the pier while docking” said a New York Fire Department representative. “The ship
caused structural damage to the pier.”  
The passengers were evacuated safely and no injuries were reported, an FDNY spokesman said. The city Department of Buildings responded to the scene and will inspect the damage to
the pier before normal operations resume. 
3.  Fleeing Ship Caught
The Korea Coast Guard intercepted and arrested the product tanker Palladiy after it tried to leave Busan’s anchorage without clearance. Korean authorities detained the Palladiy in June
after five crewmembers alleged that the shipowner, Vladivostok-based Far Trans, had not paid their wages or provided them with transportation home. In addition to complaints to Russian and Korean authorities, the seafarers contacted the Far Eastern Regional
Organiztaion of the Russian Sailors Union and the International Transport Workers Federation (ITF) for assistance.
4. Shippers Stop Overbooking
Maersk has warned Brazilian shippers to stop overbooking slots as it is harming exports out of South America’s largest nation. Many exporters are reserving more space than they need, leaving others unable to find room. “Exporters
are hurting each other when they book space they end up not using, because that increases costs and poses obstacles to other exporters that can’t find space in ships,” Maersk’s director for East Coast South America, Antonio Dominguez, said in a report Maersk
has compiled on its Brazilian operations.
5. Remnants of Company Sold
Debris from the demise of Japan’s United Ocean Group has showed up again in sales registers. The five-year-old handy Global Arc was sold for $15.5m to compatriot owner Orient Marine. According to MSI, the fair market value
of the vessel is $15.3m and could rise to as much as $17.1m during 2020.
Trustees of the one-time Japanese mammoth have now sold around 40 ships since the company sought court protection in Tokyo at the start of 2016.

6. Grounded Crew Rescued
12 Indonesian seafarers were rescued from the cargo ship Jin Hua, one of the vessels that went aground off Kaohsiung, Taiwan during a storm last Thursday. After the grounding, the crew of the Jin Hua elected to stay on board
and await a commercial salvage effort. However, as the weather deteriorated again on Tuesday, the crew asked for an evacuation. Taiwan’s Coast Guard airlifted all 12 seafarers from the deck of the vessel at about 1830 hours Tuesday.  
Port reported in a social media update that salvage towing operations continue for five vessels that were stranded in last week’s storm.
7. Russian Fleet Gathers
The Russian Navy is building up its presence in the Mediterranean in advance of the Syrian government’s final assault on Idlib province, the last rebel holdout in the long-running Syrian Civil War. At least ten Russian surface vessels and two submarines
have been deployed off Tartus, including the guided missile frigates Admiral Grigorovich and Admiral Essen, the cruiser Marshal Ustinov and the destroyer Severomorsk. Several more vessels are on the way.  It is the largest buildup
in the region since the battle for Aleppo, and Russian media described it as the biggest concentration of warships off Syria since the start of the war.
8. Shipping Tycoon Drug Denial
Greek shipping tycoon Vangelis Marinakis, the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The
prosecutor accused Marinakis of financing and storing drug substances and setting up a criminal group to traffic and sell drugs, a judiciary source said. The matter will now be referred to an investigating magistrate, the source said. 
judicial system has several preparatory stages and the compilation of charges does not necessarily mean that an individual will face trial.
9. One Stop Shop Risks
DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was announced earlier this month. The rationale for the global port operator’s proposed $765m purchase
of North Europe’s leading feeder and domestic container carrier from private equity group Nordic Capital has had analysts scratching their heads for the definitive synergy advantage ever since. 
According to Maritime consultant
Drewry, DP World has embarked on a “risky strategy”.

10. Comfort for Colombia
While visiting Colombia late last week, U.S. Secretary of Defense James Mattis announced he was sending the hospital ship Comfort at the request of Colombia’s government.  USNS Comfort (T-AH 20) will deploy to Central America
and South America in late September to begin a two-month humanitarian mission with stops in Colombia and the region. 
The USNS Comfort was requested by the Colombian government to relieve the pressure of increased population
flows from Venezuela on their national health system.

Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions
S. Jones
Seacurus Ltd
Seacurus Ltd.,
Barbican Group,  
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London EC3V 0BT,
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