InterManager Daily News 18.08.2020.

1. 2 lighter ships sank in Bangladesh, 13 crew missing
Two lighter ships sank in Bangladesh waters near Hatiya island in the morning Aug 15: MV AKHTER BANU-1 and MV CITY-14, both in load. MV CITY-14 was loaded with some 2,000 tons of raw sugar, all 12 crew rescued. MV AKHTER BANU-1 was loaded with some 2,000 tons of wheat, 13 crew are missing. Both ships, like all other lighter ships in Bangladesh, aren’t registered in international registries or databases.

2. Fujian to integrate port assets
China’s Fujian province, on the country’s southeast coastline, has started a restructuring of the region’s port assets to optimise operating efficiency in response to the central government’s call to shed overcapacity in the port sector.

3. Densay Shipping orders ultramax trio at Nantong Xiangyu
Turkish owner Densay shipping has placed an order at Chinese yard Nantong Xiangyu Shipbuilding and Offshore Engineering for the construction of three 63,500 dwt ultramax bulk carriers.

4. Decarbonisation – whose risk is it?
Last year, working across the whole shipping eco-system – with naval architects, shipowners, operators, ports, crews, cargo-owners, class, insurance, policy, engineers, manufacturers, academics, meteorologists, accountants, lawyers we progressed our wingsail solution. We showed we can save 20% fuel, and GHGs, annually, on average on a typical route, within usual operating speeds when installed on a Panamax.

5. Shelf Drilling reveals mixed fortunes with jackup contract
Offshore driller Shelf Drilling has announced both good and bad news for its drilling contracts as the coronavirus continues to have a negative impact on offshore exploration activities. The company’s jackup drilling rig Trident VIIIreceived an early-termination notice from Amni Nigeria, resulting in the contract ending in July.

6. US permits for new horizontal drilling dip to 10-year low, hinting no strong rebound in 2020 activity
US horizontal drilling activity in oil basins, which has plummeted due to the Covid-19 pandemic, is not likely to materially recover this year, a new Rystad Energy analysis shows. Drilling permits, which are increasingly reliable indicators of future activity levels, dipped to a 10-year monthly low this July, with only 454 awards.

7. Greek Shippers Threatened With Sanctions, Forced to Hand Over Iranian Oil Cargo to US, Report Says
Last year, the White House pledged to sanction any actor involved in purchase or transaction of Iranian oil, citing Tehran’s alleged support for militant groups in the region and its ballistic missile programme. Despite the threats, a number of countries still continued their oil business with Iran.

8. India: Govt Scraps New Policy On Right Of First Refusal Granted To Local Fleet Owners In Public Tenders
The government has scrapped a key policy change announced in February last year on granting license to foreign-flagged ships and the so-called right of first refusal (RoFR) given to Indian ships on cargo transport tenders floated by state-owned entities and departments.

9. VIDEO: USCG offloads $12 million in seized cocaine in San Juan, Puerto Rico
SAN JUAN, Puerto Rico — The Coast Guard transferred custody of two suspected smugglers and 430 kilograms of seized cocaine to federal law enforcement authorities at Sector San Juan Wednesday, following the interdiction of a drug smuggling go-fast in the Caribbean Sea.

10. Tanker Market Expected to be Weaker Until the End of 2020
Tanker owners are bracing for a tougher second half, as the market is bound to shift. In its latest market outlook, ship owner Teekay Tankers said that “crude tanker spot rates remained firm during the second quarter of 2020, particularly during the early part of the quarter. Crude trade volumes increased during April 2020 due to the short-lived price war between Saudi Arabia and Russia, leading to increased tanker demand.


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