InterManager Daily News 11.12.2020.

1. Columbia Shipmanagement welcomes CSM Italy’s new Managing Director
World-class ship management and maritime services provider, Columbia Shipmangement (CSM) is pleased to announce that Xanthos Kyriacou has taken over as Managing Director of CSM Italy, the new joint venture with CSM and the Italian ship-owning Group Premuda. Mr Kyriacou has extensive experience of the shipping industry having spent the last 12 years as Commercial Manager of CSM’s Cyprus operation.

2. Trafigura Group publishes 2020 Annual Results delivering exceptional customer service and strong business results in a volatile year
Trafigura Group Pte Ltd (“Trafigura” or the “Group”), a market leader in the global commodities industry, has today published its 2020 Annual Report. The results show that in an extraordinary period for global commodity markets, the Group delivered exceptional customer service and a strong overall commercial and financial performance.

3. Russian Maritime Register of Shipping participated in IMO MEPC 75 session
Representatives of Russian Maritime Register of Shipping (RS) as members of the Russian delegation took an active part in the 75th session of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) that met in virtual session on 16-20 November 2020. Over 1200 participants from more than 100 member state delegations including the Russian Federation attended the event.

4. Dream of winter discovery in the sun MSC Cruises confirms winter programme for 2021/2022
Further continuing a strong presence out of North America, MSC Cruises will deploy four ships in the region next winter– out of Miami and newly added Port Canaveral. Following her inaugural season in the Mediterranean in summer 2021, MSC Seashore, the first of the Seaside Evo ships and the Company’s newest ship, will cross the Atlantic towards the warmer waters of the Caribbean. The ship will offer alternating itineraries calling Mexico, the Cayman Islands, Jamaica and The Bahamas with Ocean Cay or Puerto Rico, the Virgin Islands, the Dominican Republic and Ocean Cay.

5. Baltic Exchange targets banks with new investor indices
The diversification of business streams at London’s Baltic Exchange, now owned by the Singapore Exchange, shows no sign of letting up with new investor indices launched this week aimed at the banking community. The Baltic Exchange Investor Indices provide a snapshot five-year view of the financial prospects of dry bulk carriers.

6. HNA makes shipowning return with double cape swoop
HNA Technology, an investment vehicle of China’s HNA Group, has entered into an agreement with US-based investment firm Platinum Equity to sell its wholly owned subsidiary Ingram Micro, a world leading provider of logistics technology solutions and services for a total price of $7.2bn, as the company is eagerly looking to solve its heavy debt issues.

7. Standards being developed for methanol-powered tankers
A coalition of Hyundai Mipo Dockyard, MAN Energy Solutions and the Methanol Institute have commenced a project that will enable product tanker charterers and shipowners to utilise methanol as fuel. The parties will work together to develop a design that meets all prevailing safety requirements with minimal loss of cargo capacity and low additional build costs.

8. Gigantic Iceberg Threatens to Crash Into South Atlantic Island
An enormous iceberg is heading toward South Georgia Island in the southern Atlantic, where scientists say a collision could devastate wildlife by threatening the food chain.
Scientists have long been watching this climate-related event unfold, as the iceberg – about the same size as the island itself – has meandered and advanced over two years since breaking off from the Antarctic peninsula in July 2017.

9. ADNOC Reduces January Oil Shipments
The UAE’s biggest oil company, ADNOC, has told some buyers it will reduce shipments for January, Reuters has reported, citing sources in the know. The biggest cut will be in shipments of ADNOC’s flagship grade, Murban. The company will also cut supplies of the Upper Zakum and Das grades by 15 percent, the sources said.

10. ISWAN Launches Second Good Mental Health Guide
The new guide complements ISWAN’s free, 24/7 helpline, SeafarerHelp. Seafarers and their family members can get in touch via a range of channels to speak to someone confidentially in their own language, and the helpline team is trained to effectively provide emotional support to seafarers who may need to talk through a problem.


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