InterManager Daily News 26.10.2020.

1. IMO celebrates 75th anniversary of the United Nations
”I congratulate the United Nations on its 75th anniversary. IMO will do all it can to support and uphold the UN values as we confront our common challenges and work together towards a better future.” – IMO Secretary-General Kitack Lim.
In a statement issued on this milestone anniversary, IMO Secretary-General Kitack Lim emphasised the importance of global solidarity and collaboration as the world faces the COVID-19 pandemic. He also highlighted the continued commitment of the Organization to support the aims and ambitions of the sustainable development goals of the United Nations.

2. Columbia Shipmanagement penetrates the Italian market in a JV with Premuda
The Italian ship-owning Group Premuda, controlled by Pillarstone, the industrial and financial platform that supports the relaunch of companies in temporary difficulty, has laid the basis for the constitution of a joint venture with Columbia Shipmanagement (CSM). CSM is an international blue chip organization with over 40 years of experience as world-class ship management and maritime services provider within the shipping industry.

3. Interview: Kristi Thomas, seafarer advocate talks crew change crisis
Krista Thomas is lucky to get more than a few hours’ sleep each night. Since the COVID-19-induced pandemic lockdown in Canada ended, her day is divided into two times zones. Mornings she is up before dawn to check her messages from homesick crew stranded for months on cruise ships still at anchor around the world. Then she is off to her day job working for a Vancouver hotel developer.

4. IMO member states agree to unambitious green targets
The International Maritime Organization (IMO) agreed on Friday after a week-long online meeting to make an existing target legally binding: to reduce the carbon intensity of shipping by 40% compared with 2008 levels in the next 10 years. Member states were very divided with a sizeable minority fighting hard for more stringent targets.

5. Scorpio Bulkers continues fire sale with fifth ultramax headed out the door
Monaco’s Scorpio Bulkers has announced its second sale this week, offloading the 2016-built ultramax SBI Hyperion for $17.5m.
The sale, which is slightly below the market value of $18.07m according to VesselsValue, will be completed during the fourth quarter of this year.

6. National Security Adviser O’Brien: U.S. Evaluating Basing Coast Guard Cutters to Western Pacific
The U.S. national security adviser said on Friday the U.S Coast Guard was basing Enhanced Response Cutters in the western Pacific for maritime security missions, citing illegal fishing and harassment of vessels by China. In a statement, Robert O’Brien also said the Coast Guard planned to evaluate next fiscal year the feasibility of basing Fast Response Cutters in American Samoa in the South Pacific.

7. 62 Rescued from Remote South Atlantic Island After Research Vessel Sinks
All sixty-two people who aboard a Belize-registered research vessel when it sank last week in the remote South Atlantic Ocean are on now their way home safely, the South African Maritime Safety Authority has reported.

8. New Zealand Stevedoring Company Agrees to Industry-First ‘Enforceable Undertaking’ After Near-Fatal Accident
One of New Zealand’s biggest stevedoring companies will pay $425,000 plus financial compensation to the victim after a near-fatal incident involving one of the company’s workers in December 2017. The company, ISO Limited, will pay the amount under an “Enforceable Undertaking” accepted by Maritime NZ. The EU is an alternative to prosecution and is a commitment by a company to take action for any breaches of New Zealand’s Health and Safety Work Act.

9. India’s Container Market To Rebalance In Coming Months: FIEO
Growing demand from India’s consumer and industrial sectors could help boost imports and rebalance the country’s container markets over the next three months, according to Ajay Sahai, the Director General and CEO of the Federation of Indian Export Organization.’s+container+market+to+rebalance+in+coming+months%3A+FIEO

10. Has Brazil Become A New Customer For U.S. Corn And Soy Exporters?
It is no surprise that Brazil is nearly out of soybeans given its extraordinary export pace earlier this year, but consistent with the bizarre nature of 2020, it is possible that Brazil could purchase beans from its export rival, the United States.


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