InterManager Daily News 25.04.2019

1. Tanker attacked, 6 crew kidnapped
Product tanker APECUS attacked by 6 persons at Bonny Outer Anchorage, Nigeria at 1330 UTC Apr 19, 6 crew kidnapped, according to IMB report. Tanker was moved to Bonny inner anchorage. According to AIS records, tanker during recent months traded between Tema Ghana, Lome Togo, and Lagos, she arrived at Bonny anchorage from Lagos on Apr 20 or earlier. AIS records history is sketchy – tanker was trading in dangerous waters, probably having to switch off AIS for security reasons. Nationalities of crew unknow.
2. IMO 2020: Countdown to compliance
The UK Chamber is helping its members prepare for the IMO’s global sulphur cap in 2020, a new regulation that could be highly disruptive without the right guidance. Time is running short and just months remain before the IMO’s global limit on the sulphur content of marine fuel comes into force on 1st January 2020. The global sulphur cap will enforce a limit of 0.50% m/m in marine fuel used by vessels trading internationally. IMO 2020 is being called a once-in-a-generation disruptor to shipping’s commercial environment.
3. Capesizes and Containers Heading for Recycling
More and more Capesize dry bulkers, but also container ships are being sold for scrap, with ship owners looking to help alleviate each market’s fundamentals. In its latest weekly report, Clarkson Platou Hellas said that “with the upcoming Easter holidays commencing from this weekend, most Brokers and Owners seem to have already lined up their time off as the limited number of vessels being circulated was quite evident providing a quiet feeling in the market.
4. Golf and shipping for a good cause
Days are counting down to the top golf tournament for the shipping community “Greek Maritime Golf Event”, being held for the 5th consecutive year at Costa Navarino from 8-9 June 2019 and raising the interest of the Greek and global shipping industry.
5. Top container executives see slowdown in growth
Maersk COO Søren Toft looks with concern at the latest numbers for container growth so far in 2019, he says in an interview with ShippingWatch. ONE Chief Executive Jeremy Nixon expects growth in the global economy of as little as 2.5 percent.
6. VLGC spot rates quadruple since February
Spot rates for VLGCs have more than quadrupled since February making the large LPG shipping segment the hottest sector in shipping, according to analysis on the cover of the latest issue of Splash Extra. The monthly subscription title, priced for as little as $100 a year, features the thoughts of leading gas shipping experts who debate how long the VLGC bull run can last.
7. Takeover Battle: Occidental Offers $57 Billion for Anadarko, Topping Chevron
By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp’s $50 billion offer and sparking the first takeover battle for a major oil company in years.
8. ABS Working with Google, SoftServe on AI Corrosion Detection
Classification society American Bureau of Shipping (ABS) has joined forces with Google Cloud and SoftServe to bring AI-enabled corrosion detection to the offshore and maritime industries. The three sides recently completed a pilot project applying artificial intelligence (AI) models to detect levels of corrosion and coating breakdown on ships and offshore structures.
9. Report: White House Considering Jones Act Waiver for LNG
President Donald Trump and top White House aides are discussing the possibility of issuing a Jones Act waiver for coastwise transportation of LNG, according to Bloomberg. The president is said to favor granting the waiver, which would allow the use of foreign-flag vessels for this purpose. Presidential waivers are typically used for temporary national security purposes, like disaster relief.
10. Trump-China Trade Deal Seen Boosting Grain Container Shipments
A deal ending the trade spat between the U.S. and China would boost container shipments of grain, wheat and soybeans, according to the head of Japan’s largest container-shipping company. While agricultural goods are typically transported in large volumes by bulk ships, there’s a rising trend toward using containers as they can move smaller quantities more efficiently and without the need for storage facilities, said Jeremy Nixon, chief executive officer of Ocean Network Express Pte.


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