InterManager Daily News 05.10.2020.

1. IMO and CMA CGM battle to get systems back online
IT experts continue to contain the fallout from cyber attacks to shipping’s top regulator as well as France’s number one shipping line. In the fifth day since CMA CGM’s IT infrastructure was hit hard by a ransomware attack, the company’s eBusiness website is still suspended, with clients urged to use booking platform INTTRA or to fill out a manual booking form.

2. Lebanon seeks arrest of owner and captain of the ship that brought deadly ammonia nitrate to Beirut port
Lebanon requested yesterday international arrest warrants against Igor Grechushkin and Boris Prokoshev, the Russian owner and the captain of the Rhosus, a general cargo ship that brought 2,750 tons of ammonia nitrate to Beirut seven years ago, cargo that eventually caused the massive port blast in August this year.

3. Odfjell readies for landmark fuel cell tests
A Scandinavian team is developing a 1.2 MW prototype fuel cell that will be mounted onboard one of Odfjell’s newest chemical tankers. The main partners in the project are Odfjell, Prototech, Wärtsilä and Lundin Energy Norway with Norwegian prime minister, Erna Solberg, getting a briefing on the landmark project yesterday.

4. Bulk Carrier Refloated at Port of Norfolk
The U.S. Coast Guard reports that several tugs were involved in the operation which took place at high tide Friday morning. The ship now remains at anchor under a Captain of the Port Order restricting its movement until an underwater survey can be conducted and the vessel is deemed fully safe to sail.

5. Noble Energy Shareholders Approve Chevron Takeover
Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale oil producer and giving it international natural gas reserves close to growing markets.

6. Head of Singapore’s Biggest Marine Fuel Supplier Charged in Shell Oil Heist Case
The founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell’s refinery in the city-state, according to a charge sheet reviewed by Reuters.

7. City of London will have ‘less fluid’ trade with EU, says EU official
The flow of financial services between the European Union and Britain will be less fluid from January whatever happens in talks on a future free trade deal, the EU’s financial services chief designate said on Friday.

8. Industry insiders laud China’s opening-up as bonds included in major index
FTSE Russell, one of the world’s three main bond index providers, announced last week that it will add Chinese government bonds to the FTSE World Government Bond Index (WGBI) from October 2021.

9. Baltic Index Scales Over 1-Year High On Robust Capesize Demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to over one-year high on Friday as rates for capesize vessels surged on higher iron-ore demand.

10. Natural Gas Rallies From The Lows
European gas prices have rallied from their recent lows, with TTF trading back above EUR13/MWh, up from sub-EUR4/MWh back at the end of May, helped out by the re-opening of economies in the region following Covid-19 related lockdowns.


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