InterManager Daily News 29.08.2019.

1. Bulk carrier aground, Parana river
1800 UTC Aug 27: Bulk carrier CASSIOPEA OCEAN ran aground at around 0400 UTC Aug 27 in Rosario area, river Parana. The ship was leaving Rosario, bound for Liverpool UK. Reportedly, bulk carrier is partially blocking fairway.
0230 UTC Aug 28 UPDATE: Still aground, tug at her side.

2. Ferry in flames, 24 passengers still missing, Philippines
Fire erupted in engine room of ferry LITE FERRY 16 at around 0600 (UTC +8) LT Aug 28, and quickly spread around, engulfing the whole ship. LITE FERRY 16 was approaching Palauan Port in Dapitan City, Zamboanga, Philippines, en route from Ceby City, with reportedly, 137 passengers on board. According to Philippines Coast Guard, 112 passengers were rescued, 24 remain missing as of 0800 LT.

3. Tanker Owner, Operator to Pay USD 3 Mn for Air Pollution
The owner and operator, as well as Senior Officers, of oil tanker Ocean Princess have been convicted and sentenced for various pollution, recordkeeping, and obstruction of justice crimes, according to the U.S. Department of Justice.

4. Three Passengers Die in Philippine Ferry Fire
Three persons died while an unknown number of others are missing after a ferry caught fire off the coast of Philippines on August 27. Lite Ferry 16, operated by Lite Shipping Corporation, caught fire after leaving Cebu en route to Dapitan City, Zamboanga del Norte. According to the Philippine government news agency PNA, 162 passengers on board the RoRo were rescued with the help of private vessels in an action that involved Philippine Coast Guard personnel.

5. EIA: Bab el-Mandeb Saw 6.2 Mn b/d of Crude Oil Shipments in 2018
Around 6.2 million barrels per day (b/d) of crude oil, condensate, and refined petroleum products flowed through the Bab el-Mandeb Strait in 2018, according to data provided by the U.S. Energy Information Administration (EIA).

6. Danish business elite form new investment vehicle called More Ships
Some very famous names in Danish business circles have clubbed together to form a new investment vehicle called More Ships. Jim Hagemann Snabe, the chairman of AP Moller Maersk, is joined by Nils Smedegaard Andersen, the former Maersk CEO in the new venture. Also onboard is Ole Andersen, who currently chairs audio manufacturer Bang & Olufsen after eight years at the helm of Danske Bank, as well as ex-Nordea supremo Christian Clausen, who is also on the board of Singapore shipowning giant, BW. The founding quintet at More Ships is rounded off with Christian Frigast, the veteran chairman of Axcel, Denmark’s largest private equity fund.

7. Splash Extra identifies the key levers in shipping’s perpetual supply/demand tussle
The August edition of Splash Extra launches today with a central theme looking at what metrics shipowners find the most reliable to make informed business decisions on fleet expansion. The lead story of the new subscription title looks at how the current fleet to orderbook ratio is at its lowest level this century and reflects on just how pertinent this data is to today’s owners with the thoughts of Martin Stopford, Esben Poulsson, Peter Sand, Paul Over and Joakim Hannisdahl among many others.

8. Confidential plan: Maersk wants to cut crew-related costs
Maersk has developed a confidential plan, Project Lion, aimed at cutting wage costs for vessels and changing working conditions, in order to make the shipping company more competitive. ShippingWatch examines the main parts here.

9. Dan-Bunkering’s potential sanction violation may be three times bigger
The extent of Dan-Bunkering’s potential breach of the EU’s Syria-related sanctions might be three times bigger than previously known, Danish broadcaster writes.

10. U.S. Consulate General Mumbai Honors 27 Indian Shipping Companies
U.S. Consulate General Mumbai Honored 27 Indian Shipping Companies on 22nd August, 2019. The felicitation was held at U.S. Consulate General Mumbai. AMVER awards were started in1996, it is one of the most valuable International award for the remarkable rescues at sea. It generally recognizes the “rescue of the year” by a ship participating in AMVER. It is a nonprofit making charitable body, which is completely about saving lives at sea, and to boost the importance of safety at sea along with the other maritime and aviation organizations.


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