1. UK special forces storm Navios tanker after suspected hijacking
UK special forces arrested seven stowaways onboard 2011-built 75,000 dwt LR tanker Nave Andromeda near the Isle of Wight for suspected hijacking activities. According to UK’s defence ministry, the special forces boarded the vessel after receiving a distress signal from the vessel, after an incident which saw all 22 crew members escape to the ship’s citadel.
2. Marshal Shipping linked to second ADS VLCC buy
United Arab Emirates-based Marshal Shipping has been named by brokers as the buyer of ADS Crude Carriers’ last VLCC, the 2002-built VLCC ADS Page.
Oslo-listed ADS announced the sale of the vessel last week for $25.5m, the same price as it sold another 2002-built VLCC, ADS Serenade, to Marshal Shipping earlier this month. https://splash247.com/marshal-shipping-linked-to-second-ads-vlcc-buy/
3. 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. https://splash247.com/imo-member-states-agree-to-unambitious-green-targets/
4. Steel Giraffe: Customized Containers
Steel Giraffe Containers specialize in complete custom and technical shipping container builds for a variety of industries. From the initial design meetings and CAD renderings, to the build process, to final delivery; Steel Giraffe handles it all. The most recent project was a custom 20’ High Cube container for the University of Rhode Island (URI), Oceanographic Department. https://gcaptain.com/steel-giraffe-customized-containers/
5. China Buyers Plan To Quadruple LNG Terminal Capacity
A group of niche Chinese gas firms is set to make waves in the global market with plans to invest tens of billions of dollars and double imports in the next decade as Beijing opens up its vast energy pipeline network to more competition. https://gcaptain.com/china-lng-terminal-capacity/
6. Here’s how we can reduce emissions from the shipping industry
This month, delegates from governments around the world are meeting (virtually) for a crucial, albeit under-the-radar, climate summit at the United Nations International Maritime Organization (IMO). The topic is how to decarbonize the global shipping industry, which accounts for over 80% of world trade and more than one billion tons of greenhouse-gas emissions per year – more than any but the top-five emitting countries.
7. Brazil soars to China’s No. 3 crude oil supplier in September
Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped up cheap supplies of the South American exporter’s relatively high quality oil. https://www.hellenicshippingnews.com/brazil-soars-to-chinas-no-3-crude-oil-supplier-in-september/
8. New Cargo Support Policy For Indian Ship-Owners May Not Fetch Order In-Flows For Local Yards
The Shipping Ministry’s plan to drive demand for ships built in India by linking a government-mandated cargo support policy for domestic fleet owners to Indian built vessels may not work out yet. https://www.shippingtribune.com/news/shipping/New+cargo+support+policy+for+Indian+ship-owners+may+not+fetch+order+in-flows+for+local+yards
9. Global Shipping’s UN Climate Talks Fail Amid Threats Of A Walkout
The UN agency responsible for setting climate targets for global shipping, was left red faced today, as delegates pushed measures that broke the Paris Agreement on Climate Change. https://www.shippingtribune.com/news/shipping/Global+Shipping’s+UN+Climate+Talks+Fail+Amid+Threats+Of+A+Walkout
10. Shipowner prosecuted after ‘expletive-laced tirade’ against PSC inspector. The owner of an unseaworthy Australian tug was convicted of hindering a Commonwealth public official in Cairns Magistrate Court on 13 October and fined AUD750 (USD536).Tug owner Anthony Wolfe became aggressive during a port state control (PSC) inspection of the vessel. https://safetyatsea.net/news/2020/shipowner-prosecuted-after-expletive-laden-tirade-against-psc-inspector/