InterManager Daily News 24.11.2020.

1. NORDEN’s Pacific Handysize service sees growth
NORDEN is aiming to be amongst the top three players in the handysize sector in the Pacific, after launching its new service out of Singapore last month. “Our customers have been crying out for NORDEN to start servicing them on handysize,” said Christian Vinther Christensen, head of Dry Cargo.

2. Europe takes offshore wind pole with $940bn pledge
The offshore wind business community has reacted with glee at yesterday’s near trillion dollar Offshore Renewable Energy Strategy unveiled by the European Union, which will see a 25-fold increase in the sector by 2050.

3. Update: Passenger Ferry Viking Grace Refloated in Aland Islands
Update: A rescue tug was able to pull the Viking Grace from the rocks early Sunday morning at around 3:40 a.m. The vessel later docked in Mariehamn where passengers were expected to disembark. November 21 – A Viking Line passenger ferry with 400 passengers and crew on board has ran aground in Finland’s Aland Islands.

4. Boatloads of Cargo Off Los Angeles Grind Gears of World Economy
A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports of L.A. and Long Beach, shipping containers are already stacked five and six high — the maximum the fire department will allow.

5. U.S. CDC Recommends Against All Cruise Ship Travel
The U.S. Centers for Disease Control and Prevention (CDC) said on Saturday it recommended that all people avoid cruise ship travel as the risk of COVID-19 on liners is very high. The CDC advised passengers who decide to go on a cruise should get tested 3-5 days after their trip and stay home for 7 days after travel, even if they test negative.

6. US Navy Thanks Merchant Mariners On YouTube
“Merchant Mariners have been essential to American economic prosperity since the founding of our nation.” the video says. “In support of our national defense it is our Merchant Mariners who sail the ships with fuel, supplies, and combat equipment that enable our forces to operate globally. Military Sealift Command, employs more than 5,000 merchant mariners to operate our core fleet, with hundreds more employed on contract operated ships.”

7. UN Shipping Regulator Breaks Climate Pledge. What Next For Global Shipping?
Country delegates at the UN agency responsible for global shipping voted on Tuesday on a controversial measure that will lead to higher carbon emissions over the decade.
The measure and vote has been widely criticized by leading environmental NGOs, representatives from small island states and protestors who had gathered outside the London-headquarters of the International Maritime Organization on Sunday.

8. Container group CMA CGM sees strong final quarter on shipping recovery
Container shipping group CMA CGM said shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French company’s third-quarter profits. CMA CGM, the world’s fourth-largest container shipping line, said its EBITDA margin rose to 21.0% in the third quarter from 17.2% in the previous quarter and 13.3% in the year-earlier period.

9. Lifting Crude Oil Export Ban Dealt Blow To Jones Act Tankers
A report released Friday by the Government Accountability Office (GAO) detailed how U.S. refineries – particularly those on the East Coast that had no access to cheaper transportation options such as pipelines – were left having to pay more to receive domestic crude oil on more expensive U.S.-flagged tankers and barges before the ban was repealed, when U.S. crude oil was selling at depressed prices relative to foreign crude.

10. Saudi Arabia And Russia In Tight Race To Become China’s Top Oil Supplier In 2020
Saudi Arabia and Russia are in a tight race to become China’s top oil supplier in 2020, with both countries boosting crude exports to the economic powerhouse even as the coronavirus pandemic hit global demand for oil this year.’s+top+oil+supplier+in+2020


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