Intermanager Daily News

1. Crew killed by lashing rope, NZ
A man, understood crew member, died after being hit by loose wire rope while lashing deck cargo of timber on board of bulk carrier CORESKY OL, docked at Gisborne, Northern Island NZ, on Apr 2 or in the morning Apr 3. After fatal hit, he was still alive and taken to hospital, where he passed away. CORESKY OL though ready to set sail, detained for investigation. Bulk carrier is bound for Korea.
2. Ghost ship again – China hunting ships, covertly calling its’ ports
Lianyungang Maritime Traffic Control was alerted by a report that cargo ship with AIS off called port in Lianyungang waters, Jiangsu province, China, Yellow sea, early in the morning Apr 3. The ship wasn’t cleared either for entrance, or for leave. Patrol boats were sent to intercept the so-called “ghost ship”. The ship, general cargo ship HENG SMOOTH, was intercepted and brought to Lianyungang anchorage for investigation. It is becoming a rather regular incident in Chinese waters, but yet, no plausible explanation was given, as to why do foreign ships call Chinese ports in a covert way, without due procedures. One of latest incidents took place on Feb 19 this year in Yangtze estuary, when the authorities intercepted container ship HAI XING SHUN.
3. Sidra Port to export 600 thousand barrels via Greek tanker
Sidra Oil Port is preparing to export about 600 thousand barrels of crude oil aboard the Greek tanker Aegean Myth, the port’s management confirmed. The exports from Sidra port is progressing well and proceeding in accordance with a timetable, according to the port’s Facebook page, adding that the port has exported about 3 million and 400 thousand barrels of crude oil, last January.
4. BP publishes Delivered Ex-Ship Master Sale and Purchase Agreement template for LNG transactions
BP, one of the world’s leading producers and traders of liquefied natural gas (LNG), is the first major oil and gas business to publish its LNG Master Sale and Purchase Agreement template for Delivered Ex-Ship transactions (the BP DES LNG MSA). The BP DES LNG MSA allows either party to buy or sell physical LNG cargoes on a Delivered Ex-Ship basis.
5. Listed Shipping Companies Invest In New Ships
Shipping has faced another challenging year as excess yard capacity and the resulting surplus of ships has continued to weigh on spot and term market rates. However, green shoots are appearing, and several long term trends are developing that will reward those with the tenacity to stay in the shipping markets.
6. Vice CEO to Leave Maersk
Claus V. Hemmingsen is to step down as Vice CEO of A.P. Moller – Maersk and CEO of the Energy division, having successfully concluded the separation of the group’s oil and oil-related businesses.
7. Thieves Apprehended for Stealing Oil from Tanker in Nigeria
The Nigerian navy arrested two perpetrators after they boarded a product tanker to steal oil cargo off the Nigerian coast on March 24. According to a ReCAAP notice, the robbers managed to board the 49,994 dwt Nord Steady and start stealing oil cargo before they were spotted by a duty watch keeper. The crew alerted the navy of the robbers’ presence thereafter. The thieves were captured by a navy vessel after gunshots were heard.
8. Huge Chinese ambitions threaten Europe’s shipping sector
China has several projects in the works aimed at helping the country’s shipbuilding and shipping sector. “I don’t think that in the shipowners community there is a full understanding of the impact of the Chinese policy yet,” says Sea Europe’s Secretary General in an interview with ShippingWatch.
9. Global trade growth loses momentum as trade tensions persist
World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — down from 3.0% in 2018. Trade growth could then rebound to 3.0% in 2020; however, this is dependent on an easing of trade tensions.
10. Newcastle coal exports rise 5% in first quarter
Australian coal exports from the key hub of Newcastle rose 5% in the first quarter of 2019 to 27.3m tonnes, port data showed on Monday. March volumes climbed 0.5m tonnes year on year to 9.1m tonnes, despite concerns about customs delays disrupting exports to China, the country’s second biggest thermal coal market. Volumes in March were up 0.2m tonnes on February’s throughput.


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