InterManager Daily News 19.11.2020.

1. IMO Committee holds key discussions on GHG reduction measures
Crucial measures to further reduce greenhouse gas (GHG) emissions from ships will be discussed by IMO’s Marine Environment Protection Committee (MEPC), which is meeting virtually this week (16-20 November).

2. Vaccine hope but multiple solutions needed to resolve crew change crisis
The availability of COVID-19 vaccines and rapid, standardised testing for the virus could be crucial in helping to resolve the ongoing crew change crisis. However, a meeting of a cross section of UN agencies, shipping organizations, unions and maritime and logistics businesses, agreed that the focus needs to be on developing a range of practical solutions.

3. US to drive LNG liquefaction capacity growth in North America by 2024
The US is expected to lead the liquefied natural gas (LNG) liquefaction capacity growth in North America by 2024, accounting for around 92.6% of the region’s total growth. Approximately 144.6 million tonnes per annum (mtpa) is likely to be added by the US by 2024, says GlobalData, a leading data and analytics company.

4. Shipping industry urges Governments to take forward USD 5 billion proposal to accelerate the decarbonisation of maritime transport
Copenhagen/London/Washington, November 13, 2020 – As governments come together at the UN International Maritime Organization (IMO) to consider important next steps to decarbonise maritime transport, the global shipping industry urgently calls on them to take forward its proposal for an industry-financed, USD 5 billion research and development programme, to catalyse the transformation of the industry from dependence on fossil fuels to operating with zero-carbon energy sources.

5. CMA CGM markets new carbon neutral offerings
ACT with CMA CGM+ features four services. Two are fuel related – CMA CGM offering to move clients’ goods on ships powered by LNG or biofuel. Then there are two new monitoring and offsetting offerings. Eco Monitor, to be rolled out next year, will allow clients to keep track of their environmental footprint in real time while its Positive Offset new service, formed in association with Switzerland’s Gold Standard, will allow customers to contribute to carbon sequestration projects around the world.

6. Thomas Wilhelmsen battles for control of family empire
Norwegian daily Dagens Næringsliv reported in September that cousins and aunts from three branches of the Wilhelmsen family had bid NOK1bn to try and get the current boss of the group, Thomas Wilhelmsen, to step down from all his roles at the diverse conglomerate. The simmering family feud has been brewing over the last two years.

7. China urged to let stranded crew leave
The International Transport Workers’ Federation (ITF) is urging the governments of China, India and Australia to collaborate and urgently end the stalemate around the berthing of a pair of coal-carrying vessels in Chinese ports, as some of the seafarers have been onboard over 20 months. The International Maritime Organization (IMO) is also using diplomatic channels to try and fix the situation.

8. Italian Navy Airlifts Injured Seafarer After Pirate Attack in Gulf of Guinea
The Italian Navy came to the rescue of an injured crewman aboard a heavy lift ship after the vessel was attacked by pirates in international waters in the Gulf of Guinea this week. The attack occurred November 13 against the Zhen Hua 7, a heavy lift ship registered in Liberia.

9. Baltic Index Steady As Higher Panamax Rates Offset Capesize Dip
The Baltic Exchange’s main sea freight index was little changed on Tuesday as higher rates for panamax vessels countered a dip in the capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, inched up 1 point to 1,112.

10. Tanker Shipping At Risk Of Rare Winter Hibernation
Three months ago, tanker owners hoped for a quick rebound and talked up fleet expansion via consolidation. There’s little talk of fleet growth today. And a growing number of executives and analysts fear the typically strong winter season will be a bust.


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