1. Cargo ship fire, Taipei
Fire erupted on board of cargo ship YINGARA, berthed at Taipei Taiwan, in the afternoon Aug 26. Understood the ship was undergoing maintenance repairs, and some chemical on cargo deck was incidentally ignited. Fire was extinguished by shore fire engines in some 1.5 hours. No injures reported, 8 crew left the ship when fire started.
2. Americas dirty tanker freight sees little impact from Hurricane Laura
Freight for Aframaxes loading in the USGC saw little to no impact from Category 4 Hurricane Laura, which made landfall in the USGC early Aug. 27, in contrast to hurricane seasons in previous years. https://www.hellenicshippingnews.com/americas-dirty-tanker-freight-sees-little-impact-from-hurricane-laura/
3. Containerized soybean exports from US to Asia spike, long-term opportunity seen
US containerized soybean exports to Asia are seeing an earlier-than-usual seasonal surge in demand in August, with Taiwanese buyers leading the pack in purchasing, market sources said. https://www.hellenicshippingnews.com/containerized-soybean-exports-from-us-to-asia-spike-long-term-opportunity-seen/
4. Argentine barley rushes to China as Australia spat reshuffles global trade
Argentine barley shipments have started streaming toward China after a three-year lull as a trade conflict between Asia’s top buyer and main supplier Australia changes global supply flows of the grain used for livestock feed and beer. https://www.hellenicshippingnews.com/argentine-barley-rushes-to-china-as-australia-spat-reshuffles-global-trade/
5. Fire at Samsung Heavy Industries kills one worker
According to the local firefighting department, a fire broke out from the inside of a ship under construction at the yard. One worker, who was doing spray painting works onboard the ship, died while another suffered burns and was transferred to a nearby hospital for medical treatment. https://splash247.com/fire-at-samsung-heavy-industries-kills-one-worker/
6. US seizes websites of Iranian fuel traders
The Justice Department of the US has announced the seizure of three websites used by three Irianian companies Mobin International, Sohar Fuel, and Oman Fuel who allegedly arranged a large volume of fuel shipment to Venezuela for the Islamic Revolutionary Guard Corps (IRGC). https://splash247.com/us-seizes-websites-of-iranian-fuel-traders/
7. Bangladesh Shipping Corporation set for substantial fleet growth
The company is growing its fleet to 14 vessels with the acquisition of two panamax bulkers and four product tankers,. It is currently in negotiations with a Chinese company regarding the acquisition, although did not reveal if the deal is for newbuilds or secondhand vessels. BSC also plans to utilise Chinese financing. https://splash247.com/bangladesh-shipping-corporation-set-for-substantial-fleet-growth/
8. Cosco Shipping Ports Bullish On Recovery With HI Net Profit Up 11pc To US$163m
CHINA state-owned Cosco Shipping Ports (CSP) has posted a net profit of US$163.4 million, a year-on-year increase of 10.5 per cent for the six months ending June 30 2020.
Revenue was down 12.6 per cent year on year at $452.7 million. Total throughput was 57.63 million TEU, a decline of 3.6 per cent. https://www.shippingtribune.com/news/shipping/Cosco+Shipping+Ports+bullish+on+recovery+with+HI+net+profit+up+11pc+to+US%24163m+
9. As Arctic Ice Melts, Polluting Ships Stream Into Polar Waters
As melting sea ice opens the Arctic to navigation, more ships are plying the loosely regulated polar waters, bringing increasing amounts of climate-warming pollution, a Reuters analysis of new shipping and fuel-consumption data shows. https://www.shippingtribune.com/news/shipping/As+Arctic+ice+melts%2C+polluting+ships+stream+into+polar+waters
10. ClassNK Releases “Guidelines For Digital Smart Ship” As Part Of Its Innovation Endorsement Initiative
Leading Classification Society ClassNK released its “Guidelines for Digital Smart Ship” which stipulates the procedures for class notations for ships with advanced digital technology. The guidelines are part of the society’s new initiative, “Innovation Endorsement”(*1), aiming to certify innovations utilizing digital technology.