InterManager News 13.05.2019
1. Tanker collided with oil barges, one capsized, major spill, Houston
LPG tanker GENESIS RIVER collided with barges pushed by tug VOYAGER on the Houston Ship Channel at Light 71-74, at around 1515 LT May 10, while proceeding down the Channel, en route from Houston to Port Said. One barge capsized, another one was badly damaged, leaking its’ cargo of reformate, refined product that is blended with gasoline to boost octane. Each barge carried some 25,000 barrels of reformate. Some 25,000 barrels feared to already leak. Port Houston Fire Department fireboat plus oil spill response, air monitoring and salvage personnel are responding, the Coast Guard said. http://maritimebulletin.net/2019/05/11/tanker-collided-with-oil-barges-one-capsized-major-spill-houston/?fbclid=IwAR1XJqwGatDT42dH6tlguzlD7TGuKX-AwPWg5-HAV4JyppW1ofzJj2FkNJI
2. General cargo ship sank in Gulf of Tonkin, crew rescued
General cargo ship PHUONG NAM 09 sank in the morning May 9 in Gulf of Tonkin S of Hai Phong, in vicinity 20 13N 106 50 E. Six crew left the ship, understood jumped overboard in life jackets, and some 5 hours later they were rescued by vessel BP 030802, safe and sound. No information on ship’s cargo if any, ports of departure and destination, and cause of sinking. Ship didn’t have AIS, no records in AIS or intl ships databases. http://maritimebulletin.net/2019/05/10/general-cargo-ship-sank-in-gulf-of-tonkin-crew-rescued/?fbclid=IwAR1lRLxvfRj-_FzKcNAHnwSlXVNhP9MmfAdGnVUnqFzLWKp3rFVIStXCIf8
3. Chinese ferry caught fire, returned to port, Yellow sea
Ferry BO HAI MA ZHU reported fire on board while en route from Yantai to Dalian, China, Yellow sea, some two hours after leaving Yantai, at night May 8. Ferry turned back and reached Yantai under own power early in the morning May 9. All passengers were immediately evacuated. Fire understood to be extinguished, extent of damages unknown. http://maritimebulletin.net/2019/05/09/chinese-ferry-caught-fire-returned-to-port-yellow-sea/?fbclid=IwAR1eG3j2xXxwElyXrKShCsBlk_6XkpJ_6SH6y_CAeEse7UvBbBJLXIMLQzo
4. Awilco LNG Looks Towards Improving LNG Shipping Market
The Awilco LNG Group (Awilco LNG or the Group) reported net freight income of MUSD 8.4 (MUSD 10.4 in Q4 2018) and EBITDA of MUSD 5.0 (MUSD 7.1 in Q4 2018). Vessel utilisation of 90 % compared to 84 % in Q4 2018 (excluding off-hire from scheduled drydocking). https://www.hellenicshippingnews.com/awilco-lng-looks-towards-improving-lng-shipping-market/
5. Pioneer Marine Inc. “Beat” Average Dry Bulk Charter Rates
Pioneer Marine Inc. and its subsidiaries leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the quarter ended March 31, 2019. https://www.hellenicshippingnews.com/pioneer-marine-inc-beat-average-dry-bulk-charter-rates/
6. Fire Engulfs Vessel in Khalid Port, UAE
A small cargo ship carrying vehicles and tires caught fire in Sharjah’s Port Khalid, UAE, on May 8. A total of 13 Indian seafarers were rescued from the vessel, with none needing medical attention, local reports said. Firefighters managed to extinguish the fire, however the vessel was almost completely destroyed, according to photos from the scene. In addition to vehicles and tires, the vessel is said to have been carrying 6,000 gallons of diesel. https://worldmaritimenews.com/archives/276554/fire-engulfs-vessel-in-khalid-port-uae/
7. Belships Hedges Fuel Oil Price for 2020
Norwegian shipping company Belships has entered into an agreement to hedge the price differential between compliant 0.5% sulphur fuel oil (VLSFO) and 3.5% sulphur fuel oil (HSFO) ahead of the IMO 2020 regulation coming into force next year. https://worldmaritimenews.com/archives/276565/belships-hedges-fuel-oil-price-for-2020/
8. UK maritime minister warns lack of diversity is holding shipping back
Shipping’s lack of diversity among its workforce is holding it back, the UK’s minister for maritime Nusrat Ghani warned yesterday. Giving the keynote address at the 13th annual Maritime HR conference in London organised by Spinnaker Global, Ghani told the 200 delegates attending that it is critical to change the lack of diversity in maritime, something that would make the sector far healthier. https://splash247.com/uk-maritime-minister-warns-lack-of-diversity-is-holding-shipping-back/
9. Ongoing Advances in the China – European Container Trade
Today, the largest container ships afloat carry international trade between several Chinese ports to several European ports, sailing at comparatively low speeds. While super-size ships incur very low transportation costs per container, the extended time-durations-in-transit between Eastern Asian and Western European ports has prompted a segment of the market to seek faster delivery of containers. https://www.maritime-executive.com/editorials/ongoing-advances-in-the-china-european-container-trade
10. Supramax scrap freight rates sink as Turkish demand collapses
Supramax and Handysize ferrous scrap metal freight rates fell this week, as cargo enquiries from the Continent and Baltic markets dwindled. Lengthening spot tonnage lists from Friday onwards compounded the problem, as shipowners were forced to compete more fiercely on price for the remaining cargo stems. https://www.shippingtribune.com/newsdetails.php?s_id=11859
