1. CMA CGM confirms malware attack
The company identified a security breach on the morning of 28 September and posted on twitter that external access to its IT applications was unavailable. CMA CGM shut down the external access to its network to stop the malicious software or malware from spreading further into its systems.
2. Filipino crew tested COVID-19 positive on bulk carrier off Australia’s Pilbara
Four of the 21 Filipino crew on the Liberian-flagged bulk carrier Patricia Oldendorff off Port Hedland, Australia, have tested positive for COVID-19, state health authorities reported. The vessel arrived in Australian waters on 16 September but remained at anchor 15 km off the coast, in the Timor Sea, after the master reported two seafarers were suffering flu-like symptoms. https://safetyatsea.net/news/2020/filipino-crew-covid-19-positive-on-bulk-carrier-off-australias-pilbara/
3. Creditors ready Hanjin Heavy sale
Hanjin Heavy announced on Monday that its main creditor, Korea Development Bank (KDB), has invited interested parties to submit letters of intent to join in preliminary bidding by October 26 for all or part of the 83.45% stake of the shipbuilder. https://splash247.com/creditors-ready-hanjin-heavy-sale/
4. ADNOC Logistics and Services secures 25-year service contract
Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics unit of Abu Dhabi National Oil Company, has secured a 25-year agreement to provide critical marine services across all petroleum ports in Abu Dhabi.
5. Scorpio Bulkers offloads kamsarmax
Monaco’s Scorpio Bulkers has sealed an agreement to sell 2016-built kamsarmax bulker SBI Rock for a little over $18m.
Delivery of the vessel to the unnamed buyer is expected during the fourth quarter of 2020. VesselsValue puts a value of $19.31m on the Chinese-built vessel, which has not been fitted with a scrubber. https://splash247.com/scorpio-bulkers-offloads-kamsarmax/
6. Valaris secures $500m term loan
Offshore driller Valaris, which is currently undergoing a financial restructuring under chapter 11, has entered into a $500m debtor-in-possession (DIP) term loan agreement with certain noteholders. https://splash247.com/valaris-secures-500m-term-loan/
7. Russian Shipping Giant Sovcomflot to Sell Up to 17% Stake in Moscow IPO
Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company and analysts said on Monday. https://gcaptain.com/russian-shipping-giant-sovcomflot-to-sell-up-to-17-stake-in-moscow-ipo/
8. Sweden, Finland and Estonia to Look at New Evidence from 1994 ‘Estonia’ Ferry Disaster
Estonia, Sweden and Finland will look into fresh evidence on the sinking of the ferry Estonia, which went down 26 years ago on Monday with the loss of 852 lives in Europe’s worst peacetime maritime disaster since World War Two. https://gcaptain.com/sweden-finland-and-estonia-to-look-at-new-evidence-from-1994-estonia-ferry-disaster/
9. How IMO 2020 Turned Into The Y2K Of Ocean Shipping
FreightWaves to shipping analyst: “So, we’re doing a follow-up story about IMO 2020 and scrubbers …” Shipping analyst to FreightWaves: “Oh, Jesus.” IMO 2020 is the Y2K of ocean shipping. After years of dire warnings on fallout to world trade — and dubious pitches on stocks poised to profit — the IMO 2020 regulation ended up being a damp squib. https://www.shippingtribune.com/news/shipping/How+IMO+2020+turned+into+the+Y2K+of+ocean+shipping
10. Global Shipping In Crisis: World Leaders Ignoring The S.O.S.
Between 200,000 and 400,000 seafarers are stranded in vessels around the world. They have been unable to leave their ships due to COVID-19 restrictions. They are the ones responsible for running the engines of economic growth, as these ships power 90% of the global economy in terms of transferring commodities and goods around the world, while other forms of transportation like global aviation have essentially closed down.