1. Salvage operation to retrieve containers lost off MSC Palak
The South African Maritime Safety Authority (SAMSA) and other stakeholders based in the port of Ngqura are co-ordinating a salvage operation to retrieve containers lost overboard from MSC Palak during a storm in Algoa Bay, South Africa, on 14 July 2020.
2. COVID-19 costs could lead to rise in machinery damage incidents, warns Allianz
The global COVID-19 pandemic will exacerbate cost pressures faced by shipowners and this could have a negative impact on safety incidents, marine insurance company Allianz has warned.
3. Watch: Cruise Ship MS Monarch Arrives at Turkish Breakers
With cruises around the world suspended due to the pandemic, the former Royal Caribbean ship was sold for scrap along with the MS Sovereign and MS Horizon. All three were part of the fleet of Pullmantur Cruises, a Royal Caribbean subsidiary. https://gcaptain.com/watch-cruise-ship-ms-monarch-arrives-at-turkish-breakers/
4. Scrubber Installs Plummet as Low Fuel Prices Negate Cost Advantages
Although now nearly a quarter of the world’s containership fleet by capacity is fitted with exhaust gas cleaning scrubber technology, new retrofit orders for the technology are “almost zero”, according to a leading manufacturer. https://gcaptain.com/scrubber-installs-plummet-as-low-fuel-costs-negate-cost-advantages/
5. 85 Test Positive for COVID-19 on American Factory Trawler in Alaska
A total of 85 crew members have tested positive for COVID-19 on an Alaskan factory trawler operating in the Gulf of Alaska. American Seafoods reports that an additional 79 crew members on board is FV American Triumph have tested positive for the virus after an initial six people had reported COVID-19 symptoms and tested positive. https://gcaptain.com/85-test-positive-for-covid-19-on-american-factory-trawler-in-alaska/
6. Huntington Ingalls Makes Strategic Investment in Autonomous Technology Company Sea Machines
Boston-based Sea Machines says it has raised $15 million in funding with significant participation from Huntington Ingalls Industries (HII), America’s leading military shipbuilder. Founded in 2015, Sea Machines has become the United States’ leading company in autonomous ship technology and currently provides commercial, recreational and government customers across the world with autonomy software. Their commercial, off-the-shelf technology can support remote controlled or fully autonomous command of vessels. https://gcaptain.com/huntington-ingalls-makes-strategic-investment-in-autonomous-technology-company-sea-machines/
7. Weekly Broker: Tanker enquiries dry up
The downward correction seen in the larger size bulker chartering market this past week has not affected buyer’s enthusiasm to acquire secondhand tonnage. However, tanker purchases have all but disappeared in recent days as the market looks set for a tough period ahead. https://splash247.com/weekly-broker-tanker-enquiries-dry-up/
8. The feeder game is changing
A couple of years ago I penned my thoughts in this publication on the feeder opportunity in response to the DP World’s acquisition of Unifeeder and how it made business sense. There was some scepticism that it would turn into some MBA horror story; those fears appear to have been allayed. Some questioned why would lines need a global feeder operator and maintained that lines were better off with regional operators. https://splash247.com/the-feeder-game-is-changing/
9. Asian Piracy Incidents Double In H1 2020
The number of reported attacks against ships has doubled in Asia over the first half of 2020, elevating security concerns for mariners across the region. A total of 51 cases of piracy and armed robbery against ships (including 50 actual incidents and one attempted incident) were reported in Asia from January through June 2020, up from 28 incidents (25 actual and three attempted) during the same period for 2019, according to ReCAAP Information Sharing Center’s (ISC) latest half-yearly report. https://www.shippingtribune.com/news/shipping/+Asian+Piracy+Incidents+Double+in+H1+2020
10. Europe Steams Towards Coal Exit – Research
Europe’s long goodbye to coal is speeding up, in a transition smoothed by the rise of wind and solar power and energy policy that has priced the fossil fuel out of many markets, according to data released on Wednesday.