InterManager Daily News 22.10.2020.

1. V.Group takes on 41 boxships from Costamare as part of expanded partnership
Ship management and services giant V.Group has strengthened an exisiting partnership with Costamare in a move which will see it manage an additional 41 container vessels associated with the Greek company.

2. Is all transparency good?
Transparency seems to be the order of the day across the board and is expected to bring positive scrutiny across the political, business, societal and environmental spectrum. Commercial shipping has long had a tumultuous relationship with the concept of transparency.

3. Russian intelligence accused of bringing down Maersk’s IT infrastructure
Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya ransomware attack that cost Maersk, the world’s top containerline, hundreds of millions of dollars in lost revenues three years ago.

4. US blacklists Chinese companies for dealing with IRISL
The United States has blacklisted six Chinese entities for dealings with Islamic Republic of Iran Shipping Lines (IRISL) in the latest sanctions against Iran.
The six companies include Reach Holding Group (Shanghai), Reach Shipping Lines, Delight Shipping, Gracious Shipping, Noble Shipping and Supreme Shipping.

5. Conception Dive Boat Fire: NTSB Says Major Safety Improvements to Small Passenger Vessels Needed
The U.S. National Transportation Safety Board is calling for major safety improvements to small passenger vessels after its investigation into the 2019 Conception dive boat fire that killed 34 people, including all 33 passengers who were asleep in their bunks.

6. Leadership: It Will End Your Career – Opinion
LTC Colonel Alexander Vindman has demonstrated exemplary leadership, as have Navy Captains Brett Crozier and Charles McVay, but all three were fired. Summarily removed from their positions of responsibility despite decades of unwavering and unblemished service, and despite the Soldiers and Sailors they commanded holding each in high esteem, devotion, and support.

7. What you need to know about economic growth, revival and transformation
The shock inflicted by the pandemic on the global economy has been more severe and has occurred much faster than any other in recorded economic history.
“The economic fallout from COVID-19 dominates companies’ risks perceptions,” according to the World Economic Forum’s survey of nearly 350 senior risk professionals taken at the height of the pandemic.

8. Government Moves To Ease Ship Registration Rules To Tap ‘Make In India’ Policy
The government is weighing a plan to ease nationality norms for registration of ships by allowing vessels that are substantially owned by Indian entities and those owned by overseas corporate Indians (OCI) and Limited Liability Partnerships (LLPs) to register under the Indian flag.‘Make+in+India’+policy+

9. Baltic Index Falls For 10th Session On Waning Demand Across Vessels
The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities fell for a tenth straight session on Tuesday, weighed down by weaker rates across vessel segments.

10. Total Delivers Its First Carbon Neutral LNG Cargo
The loading operation was carried out at the Ichthys liquefaction plant in Australia, and the shipment was delivered on September 29 to the Dapeng terminal, China.
“We are proud to have completed this first shipment of carbon neutral LNG with CNOOC, a long-standing partner of Total. This first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step as we seek to support our customers towards carbon neutrality,” explains Laurent Vivier, President for Gas at Total. “The development of LNG is essential to meet the growth in global demand for energy while reducing the carbon intensity of the energy products consumed.”


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