InterManager Daily News 29.10.2020.

1. Robbers target three bulkers in Singapore Strait
According to a statement by the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia Information Sharing Centre (ReCAAP ISC) on 26 October, robberies were attempted on three Greek-owned ships over the last two days, while the vessels were sailing in the eastbound lane of a traffic separation scheme (TSS) in the Singapore Strait.

2. Seafarers “extremely vulnerable” to attacks – Sailors’ Society responds to stowaway incident off UK coast
Attacks on ships can be “utterly terrifying” for the seafarers involved, Sailors’ Society CEO Sara Baade has said, following an incident off the Isle of Wight this weekend during which stowaways reportedly became violent towards an oil tanker crew.

3. Debate starts in Canada about legislating shipping emission targets
Canada is the latest nation to start holding a national discussion on whether to take shipping emission regulations into its own hands, rather than relying on the International Maritime Organization (IMO) to serve as the global shipping legislator.

4. What the battle for the White House means for global shipping
Undoubtedly, fossil fuel production and exports have been given a shot in the arm by the Trump administration with a deregulatory agenda supporting US energy production. Since 2017 the US has become the world’s number one oil producing nation and has emerged as the fastest growing producer of LNG. This has in large been beneficial for shipping, as US exports have displaced cargoes on shorter haul trades.

5. DP World faces Shreyas shareholder opposition to acquisition
Dubai-based port operator DP World is facing trouble with the minority shareholders of Shreyas Shipping who have objected to the port giant’s proposal to acquire the cargo and logistics businesses of Shreyas, The Economic Times reports.

6. Maersk to ship American Covid-19 vaccine around the world
Maersk has sealed a deal with COVAXX to ship the American pharmaceutical firm’s Covid-19 vaccine around the world when and if it gets approval by regulatory authorities.

7. Zeta Set to Become Category 2 Hurricane Before Gulf Of Mexico Landfall
The storm’s maximum sustained winds are likely to increase to 100 miles (161 kilometers) per hour, the U.S. National Hurricane Center said in its latest advisory, making it a Category 2 hurricane on the Saffir-Simpson scale. Wind speed rose to 85 miles an hour as of 5 a.m. New York Times.

8. The Port Of Beirut Where Lebanon’s Ills Lay Bare
The first of many warnings about a deadly cargo in Beirut’s port came in February 2014, about three months after its arrival. It was made by Colonel Joseph Skaf, described by his family as a diligent customs official.

9. Bunker Market Looks To Fragile Demand, Price Recovery
The glut in low sulfur fuels has been a double-edged sword for the shipping industry. It muted the impact of availability and compatibility concerns at the cost of lower prices, which have mirrored the wider crude market since May.

10. Scorpio Bulkers Inc. Reports Net 9-Month Loss Of $206.4 Million
Scorpio Bulkers Inc. reported its results for the three months ended September 30, 2020. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on the Company’s common shares.


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