InterManager Daily News 14.01.2020.

1. IMO 2020 devastating monster gathering way

Global shipping is an enormous mechanism or organism, very slow to react and gather way, but very difficult to deaden inertia when well under way. IMO 2020 Cap is gathering way, sabotaging global shipping and economy, it’s too early to try to assess and predict its’ destructive consequences.

2. Nigerian Navy Rescues Three Kidnapped Sailors, Arrests One Pirate

Following the kidnapping of three persons from a hopper dredger by pirates in the Gulf Guinea earlier this month, the Nigerian Navy has rescued the sailors in the Niger Delta, arresting one of the abductors.

On January 8, special forces of the navy confronted the pirates in a marathon gun battle, the Nigerian Navy said in a statement.

3. Poten: Relatively Smooth Sailing as IMO 2020 Enters into Force?

Two weeks into January 2020, it appears the shipping industry is coping better than expected following the entry into force of the highly dreaded sulphur cap, according to Poten Tanker Opinion. One of the main concerns about the implementation of the IMO 2020, has been the availability of compliant fuels.

4. Imports at Top US Ports to Return to Normal After Year of Tariff Surges

Volume at the US major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020 after a year of fluctuations driven by the uncertainty of the trade war with China, according to the National Retail Federation and Hackett Associates.

5. Hapag-Lloyd Sets Sights on New Orders

“We will have to start replacing ships in our fleet from 2022, 2023,” Rolf Habben Jansen, CEO of Hapag-Lloyd was cited as saying by Reuters following a press conference in Hamburg last week. The investments are likely to target ultra large containerships with the capacity of up to 23,000 TEU, following in the footsteps of its rivals like CMA CGM and MSC, which have already employed some of their colossal newbuilds on the Europe-Asia route.

6. Columbia Welcomes Its Largest Vessel to Date

Buenaventura’s Puerto Aguadulce has begun 2020 operations with the arrival of the 13,892 TEU APL Esplanade, the largest vessel ever to call Columbia. Coming from Asia, the ultra large container vessel (ULCV) docked at Puerto Aguadulce on January 8 before continuing its journey to other ports in South America.

7. Insurance Rates Set to Surge amid Heightened Tensions in the Middle East

The recent tensions in the Middle East are expected to result in draconian conditions in maritime insurance policies, and surging of insurance costs, according to Jonathan Moss, head of marine and trade at Machester-based law firm DWF.

8. BIMCO appoints David Loosley as Secretary General & CEO

We are delighted to have found a successor who can continue to build on the excellent work carried out by Angus Frew in positioning BIMCO as the world’s largest international shipping association. David has outstanding communications skills and is a proven leader of an international shipping-related business,” BIMCO President, Sadan Kaptanoglu said announcing his appointment.

9. India: Lack of low sulphur bunker to halt ship operations on east coast

Coastal shipping operations along India’s eastern coast will come to a halt this week due to lack of availability of low sulphur fuel oil- which ships are mandated to use as per a new global rule that came into force from January 1 to cut emissions.

10. Turkey: Shipbuilding industry exports reach $1 billion

Turkey exported $1.04 billion worth of yachts and ships last year, marking a 5.2 percent increase from 2018, according to data from the Turkish Exporters’ Assembly (TİM).

Norway was the main export market as deliveries to this country amounted to $370 million, nearly doubling from the $185 million in revenues in 2018.


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