InterManager Daily News 31.03.2020.

1. Rosneft’s Venezuelan oil loads canceled due to sanctions, tankers leave empty -data

Three large crude carriers (VLCCs) chartered by units of Russian oil major Rosneft to transport Venezuelan oil left Caribbean waters empty on Saturday after the cargoes were canceled due to sanctions, according to Refinitiv Eikon data and a document from Venezuelan state-run oil firm PDVSA.

2. Capesize Market: Uncertainty All Around As Coronavirus Takes Center Stage

As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions of the world are now under no illusions as to the severity of this crisis and are acting to mitigate amongst the daily changing circumstances. Force Majeure declarations are increasingly common, with the latest heard being at European steel mills. At the beginning of this week South Africa announced intended lockdowns on its mines.

3. Tanker Owners Need to Take it One Step at a Time

Risk mitigation and damage limitation appear to be the least that tanker ship owners need to undertake in order to stay afloat. In its latest weekly report, shipbroker Gibson said that “in one of the most uncertain peacetime periods ever witnessed, trying to make a call on the future direction of the market is a near impossible task. Almost every major economy has now implemented a lockdown as governments desperately fight to contain the virus. This of course, is having a major impact on refined product demand, forcing refineries to act by cutting run rates”.

4. Covid-19 impact: Maersk Line announces waiver of detention charges on import shipments till April 7

Maersk Line, the world’s biggest container shipping company, has announced waiver of container detention charges on all its import shipments into India till April 7. This comes after the Government imposed a three weeks nationwide lockdown to check the spread of Coronavirus. The move hasdisrupted trade.

5. Gateway Terminals, India’s single biggest container terminal, declares force majeure

Gateway Terminals India Private Limited (GTI), the container terminal run by a unit of Danish shipping group A P Moller-Maersk Group A/S, at Jawaharlal Nehru Port Trust near Mumbai, has declared force majeure in the wake of a three-week lockdown imposed by the government to check the spread of Corona Virus

6. Coronavirus Pandemic Sets Off a New Wave of Blanked Sailings

Just as the number of blanked sailings out of China by container carriers started to subside, the industry is bracing for another surge on the Asia-Europe trade as the coronavirus pandemic spreads to Europe.

The number of blank sailings jumped from 2 to 45 on the main deep-sea trades last week, according to Copenhagen-based consultancy Sea-Intelligence.

7. Yilport Holding to Make Italy’s Taranto Port Its Mediterranean Hub

Turkish container terminal and port operator Yilport Holding is working with Konecranes Ports Services to recommission 23 port cranes at Italy’s Taranto Port.

The port operator plans to have the port back in full operation by the end of 2020.

Konecranes started the project in January 2020, after signing the contract in December 2019


8. Boxship Dodges Pirate Attack South of Bony Island

Liberia-flagged containership MV Lana escaped pirate hands on Friday, March 27, while sailing south of Bonny Island, Nigeria. A skiff with six people on board attacked the ship and fired shots at the vessel, Dryad Global informed. The attack took place 99 nautical miles south off Bonny Island, and 30 nautical miles south-east from the Engine Terminal.

9. MUA: Maritime Employers Need to Take Vital Steps to Save Australian Supply Chains

The Maritime Union of Australia (MUA) has urged major businesses in Australia’s maritime supply chain to implement “a consistent, industry-wide framework” aimed at preventing coronavirus transmission on worksites. With approximately 98 per cent of Australian imports arriving by sea, including essential medical supplies, food, fuel, and other household items, preventing the spread of this disease is vital to ensuring supply chains remain operational and freight continues to flow safely.

10. Holland America’s 2 Ships Pass Panama Canal after 4 Deaths on board Zaandam

The relaxing cruise ship vacation has turned into a nightmare ordeal for passengers on board cruise ships that ventured out to sea in the midst of the coronavirus pandemic.

Ships are struggling to find a port to dock and disembark passengers as authorities across the world limit access to cruise ships amid precautionary measures aimed at curbing the spread of the coronavirus.


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