InterManager Daily News 15.09.2020.

1. Mauritians Protest ‘Failed’ Government Response to Wakashio Oil Spill
Tens of thousands took to the streets in the southeastern region of Mauritius to show discontent over the handling of the nation’s worst-ever environmental disaster after a bulk carrier spilled fuel into the water last month.

2. U.S. Gulf Coast Prepares for Second Hurricane in a Month
Tropical Storm Sally strengthened off the west coast of Florida on Sunday and was poised to become a hurricane, bringing the threat of dangerous storm surges and high winds to the U.S. Gulf Coast, the National Hurricane Center (NHC) said.

3. Shanghai Bestway restructuring approved by court
In June, Shanghai Bestway entered into an agreement with investors Xiamen Longhai Investment and Shanghai Dingguo Corporate Development for a restructuring. Under the restructuring scheme, the two investors will take over Shanghai Bestway for a total price of $1.2bn ($177m), most of which will used for debt repayment.

4. Hangtong Shipbuilding partners with SinoOcean for offshore asset disposal
Chinese offshore yard Hangtong Shipbuilding has inked an agreement with SinoOcean for the management of its idle offshore assets. The yard said the agreement is in line with the central government’s plan to dispose of idle offshore assets at domestic yards over the next three years and will promote the transformation of the yard.

5. Cosco secures manganese ore shipping project with Jiangsu Sunshine
China Cosco Shipping Group has entered into a strategic collaboration agreement with multi-sector conglomerate Jiangsu Sunshine Group for a manganese ore shipping project. Under the agreement, Cosco will provide comprehensive logistics services to transport manganese ore from the Kadgame mine in South Africa to China.

6. Myanmar suspends crew training to contain pandemic
Myanmar has suspended seafarers training across the country for an indefinite period to contain further spread of the COVID-19 pandemic.
The Directorate of Maritime Affairs has revoked the licence of all the marine training institutes until further notice.

7. Increased cyber-attacks during COVID-19 highlights maritime industry vulnerabilities
A reported 400% uptick in cyber crime during the pandemic highlights the vulnerabilities caused by new ways of working amid COVID-19 and the industry’s approach to digitalisation

8. LNG Bunkering Forecast To Grow Thirtyfold To 30 Mil Mt By 2030: Pavilion Energy
LNG bunkering demand is estimated to grow to 9 million mt by 2025 and just under 30 million mt by 2030, with LNG bunkering fleet growing to more than 8,000 by 2030 from an existing fleet of 556, Alan Heng, managing director for Asia at Pavilion Energy, said Sept. 10.

9. India’s Weak Coal Demand, Sparse China Steel Exports Hit Supramax TCEs
Stumbling Indian coal imports coupled with a lack of steel cargoes from China was forcing Supramax tonnage opening in Southeast Asia to accept considerably lower freight returns for trips into the Indian Ocean than for voyages within the Pacific, market sources said Sept. 11.’s+weak+coal+demand%2C+sparse+China+steel+exports+hit+Supramax+TCEs

10. U.S. LNG Exports Rise From Coronavirus Lows As Global Gas Prices Soar
U.S. liquefied natural gas exports were on track to increase for a second month in a row in September for the first time since hitting a record high in January as rising global gas prices prompted buyers to reverse some cargo cancellations.
the handling of the nation’s worst-ever environmental disaster after a bulk carrier spilled fuel into the water last month.


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