InterManager Daily News 04.05.2020.

1. New China-built heavy-lift floating crane collapsed in Rostock

Heavy-lift crane collapsed on an offshore wind farms construction vessel ORION I on May 2 in Rostock, Germany. Vessel was planned to work on Moray East Offshore Wind Farm in Scotland waters, she was to begin works in some two weeks, after load tests run in Rostock. Crane collapsed, the ship reportedly was seriously damages, several people sustained slight injures.

2. Half a ton of cocaine found in cargo hold of bulk carrier, Hamburg

German police boarded and searched Montenegro bulk carrier BUDVA in the morning May 2, when the ship arrived at Hamburg. Half a ton of cocaine was found hidden in what was described as “cargo area” – either in hold constractions, or in cargo. Of 23 crew, all Montenegro nationalities, 1 was arreasted. The ship arrived at Hamburg from Santos Brazil via Casablanca, Morocco.

3. Several containers from OOCL mega container ship blown away by wind

Gale-force wind gusts blow off several containers from mega container ship OOCL UNITED KINGDOM, berthed at Zeebrugge Belgium, in the morning May 2. The giant ship arrived at Zeebrugge early in the morning May 2, from Felixtowe UK. Not clear what happened, floating and crashed containers are seen both in water and on pier alongside container ship.

4. Oil-ore carrier aground, Russia

Cargo ship NEFTERUDOVOZ 58M ran aground in Neva river upstream from S-Petersburg, Russia, at around 0800 Moscow time Apr 30, while ballasting from S-Petersburg to Cherepovets. Tug is already on site, assisting in refloating. No damages reported so far.

5. Container ships contact accident, Thessaloniki

Port Authority of Thessaloniki reported contact accident involving two container ships, which occurred on Apr 30. Container ship UNI ASSURE while maneuvering in harbor, contacted berthed container ship PACAYA, inflicting slight damages on both ships. Both ships left Thessaloniki in the morning May 1, UNI ASSURE bound for Piraeus, PACAYA bound for Izmir Turkey.

6. 10 Seafarers Kidnapped From Product Tanker Off Nigeria

Ten seafarers are reported to have been kidnapped by pirates from the product tanker Vemahope off Nigeria. An unknown number of pirates in speedboat are reported to have boarded the 6,152 dwt product tanker Vemahope and kidnapped 10 seafarers, according to Dryad Global.

7. Lockdown: Metal Scrap Importers Risk Losing Rs 80,000 Cr To Shipping Lines


Importers of metal scrap and paper recycling industries run the risk of losing more than Rs 80,000 crore by way of demurrage or detention charges as shipping lines and container freight stations (CFS) are acting in blithe disregard of guidelines issued by the Ministry of Shipping.

8. Tanker Stocks Could Emerge As COVID-19 Relapse Hedge

Tanker freight rates remain solidly spectacular, tanker stocks decidedly less so.

Spot rates for very large crude carriers (VLCCs; tankers that carry 2 million barrels of crude oil) are still above $160,000 per day, yet share prices of VLCC owners DHT (NYSE: DHT), Euronav (NYSE: EURN) and Frontline (NYSE: FRO) were down sharply in heavy trading on Wednesday.

9. Employees To Feel The Pinch As Major Port Trusts Take A Hit From Charge Waivers

Some of the Central government-owned major port trusts are weighing plans to introduce austerity measures targeting employees to tide over the revenue loss arising from the implementation of a Shipping Ministry directive to waive/defer a slew of charges levied on port users and cargo terminals in the wake of the pandemic.

10. EXMAR: Stong VLGC Time Charter Market Boosts EXMAR

The Executive Committee of EXMAR NV today reports its first quarter results 2020.

Cash Flow from operations (EBITDA) as per proportionate consolidation method for the first quarter 2020 is USD 30.8 million (USD 13.6 million for first quarter 2019). The EBIT for the first quarter of 2020 was USD 16.3 million compared to USD 0.3 million in the first quarter of 2019.


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