InterManager Daily News 08.02.2021.

1. IMO ‘not deaf to climate urgency’, stresses uniform regulatory global framework
This was the message given by Roel Hoenders, IMO Head, Air Pollution and Energy Efficiency, Subdivision for Protective Measures, Marine Environment Division, in a keynote session at the global maritime environmental congress (gmec), part of SMM Digital, and held in cooperation with Seatrade Maritime.

2. Tanker shipping outlook looks promising up till 2025
In a 2021-2025 Tanker Market Outlook by McQuilling Services, the shipbroking and consultancy firm finds crude fundamentals under intense pressure entering 2021 on subdued economic activity, although expectations for a sustained but gradual recovery remains intact.

3. Californian port congestion spreads north to Oakland
The chronic port congestion in California has spread north. Yesterday, Splash reported on a record-breaking 20 km queue, featuring 41 boxships waiting to berth outside the ports of Los Angeles and Long Beach, amid an extraordinary import surge combined with a bout of Covid-19 taking out a sizeable chunk of the local port workforce.

4. Crude tankers racking up large losses
Crude tankers are racking up significant losses. The Baltic Exchange reported yesterday that the TD3 between the Middle East Gulf to China did not move up to more than WS 31.21, and that because of higher bunker prices the timecharter equivalent (TCE) earnings dropped to a negative of $316 a day, meaning freight rates do not cover voyage-related expenses. The TD15 between West Africa to China fell to WS 34.7, or a TCE of $4,454 per day. The TD22 between the US Gulf to China weakened to a TCE of $7,584 a day, as bunker prices rose.

5. 80% of ports missing out on the benefits of digitalisation, creating last mile risks
Most ports are still using manual and paper-based processes without access to digital technology, creating a polarised ports environment and risks in the last mile of a voyage, according to a new survey from Singaporean port management software firm, Innovez-One

6. Tender to scrap 53-year-old tanker
The port authority of Genoa has launched a tender to dismantle the Theodoros, a crumbling 53-year-old tanker that has been abandoned at the Italian port for many years. The services requested are ship demolition and recycling while the tender price – entirely to be paid by the port authority – was fixed at roughly €1m.
The deadline for the offers to be presented is February 25.

7. Abandoned Ship Crew Wages Hunger Strike in Kuwait
The ship, identified as the MV Ula, is currently in the Kuwaiti port of Shuaiba with 19 crew members from India, Turkey, Azerbaijan and Bangladesh. The seafarers have all refused meals since January 7, resulting in six of them having to be admitted to the hospital only to again return to the ship.

8. U.S. to Restart Permitting for Major Offshore Wind Project
The U.S. Bureau of Ocean Energy Management (BOEM) said in a statement it would resume environmental review of the Vineyard Wind project as part of the administration’s broad plan to speed renewable energy development on federal lands and waters.

9. Three New Ports To Boost Maritime Trade
The State government’s plan to construct landlord ports at Bhavanapadu (Srikakulam district), Ramayapatnam (Prakasam) and Machilipatnam (Krishna) is intended to give further boost to the maritime trade being largely done now by the State’s only major port at Visakhapatnam and the thriving private ports at Krishnapatnam (Nellore), Gangavaram (Visakhapatnam) and Kakinada (East Godavari).

10. CMA CGM’s New Oakland Service Avoids Congested LA Port
FRENCH shipping giant, CMA CGM’s newly restructured Asian service allows e-commerce shippers and other importers to avoid Southern California port congestion and get their cargo loaded onto trains days faster.


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