InterManager Daily News 20.05.2021.

1. NTSB Preliminary Report Offers New Details on SEACOR Power Capsizing
The National Transportation Safety Board (NTSB) has released its preliminary report into last month’s fatal capsizing of the Seacor Power lift boat off the coast of Louisiana, revealing for the first time that the lift boat capsized as it was attempting to put down its legs to ride out a strong squall. The U.S.-flagged, 175-foot-long Seacor Power had 19 people on board when it capsized off the coast of Port Fourchon, Louisiana, on April 13, 2021. Six people were subsequently rescued by the Coast Guard and Good Samaritan vessels, while six others died in the accident and seven remain missing.

2. First Cruise Ship Returns to Corfu After COVID-19
The Greek island of Corfu welcomed its first cruise ship of the new season on Tuesday, hoping much awaited tourists will help salvage losses incurred during 2020 due to the coronavirus. Corfu port authorities said some 600 tourists from countries including Italy, France and Germany were on board the Costa Luminosa, operated by Italy’s Costa Cruises, and all safety measures were being adhered to in the port.

3. Yokohama Ranked Top Performing Container Port by IHS Markit and World Bank
The Port of Yokohama is the world’s best performing container port, according to the Container Port Productivity Index 2020, released earlier this month by IHS Markit and the World Bank. Likewise, King Abdullah Port in Saudia Arabia ranked second across two CPPI rankings, based on half-year data collected through June 2020, amidst the global Covid pandemic.

4. ‘The Big Short’ Investor Buys Into Shipping
A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5 million worth shipping stocks in the first quarter of 2020. Burry was famously portrayed as one of the main characters in the 2015 movie “The Big Short” about his early predictions and profits from the U.S. housing market crisis. The movie is based on a 2010 book, “The Big Short: Inside the Doomsday Machine,” by Michael Lewis. His portrayal in film and successful investment strategies has earned him a cult-like following among many investors.

5. Reflections on the Trends That Have Shaped the Maritime Industry
A continuing theme, though, has been environmental protection. Prevention of and response to oil spills is a frequent topic of my articles. The maritime industry, and particularly the tanker sector, have made tremendous strides in preventing accidental discharges. But these days there seems to be zero tolerance for maritime spills so that any discharge draws public attention and government scrutiny. Surprisingly, land-based activities continue to enjoy a lesser standard.

6. Cyclone Tauktae: Rescue Op Launched for 81 Offshore Oil Workers after Barge Sinks off Mumbai
The Indian Navy mounted a massive air and sea rescue mission on Tuesday for 81 missing oil workers and crew whose barge sank in heavy seas following a powerful cyclone that tore up the west coast of the country. Around 180 of those on board the barge were rescued from the water as it sank off Mumbai. Efforts had started to move crew stuck on a second barge that was driven aground by the storm, the navy said.

7. Sustained growth in North America East Cost import volumes
Growth was also seen over pre-pandemic levels, with Q1 laden imports up 17.6% compared to the first quarter of 2019. “This shows that the demand boom is far from over,” said Alan Murphy, Sea-Intelligence CEO. Total transported volumes were also up, by 14.8% compare to Q1 2020 and 12.3% compare to Q1 2019.

8. Asian shipowners hit out at charterers over ‘no-crew change’ clauses
As the crew change crisis continues over a year after the Covid-19 pandemic first swept the globe some charterers have controversially taken to demanding no crew change clauses in contracts to avoid deviations and possible delays if a new joiner later tests positive. The ASA’s 30th annual general meeting held virtually on Tuesday highlighted seafarer issues including vaccinations and saying “no” to no-crew change clauses.

9. Adani Ports Initiated All Safety Measures For Cyclone Tauktae At Its Ports
Adani Ports have taken all possible measures to ensure the safety of people in & around Mundra, Hazira, Dahej ,Tuna & Dighi amidst Cyclone Tauktae in coordination with the local administration & the Government authorities. They urge everyone in the cyclone-prone regions to stay home & stay safe. Adani Ports have initiated all actions in line with the Disaster Management Plan and SOPs thereof at Dighi, Hazira, Dahej, Mundra and Tuna terminal in Gujarat. The SOPs are all-encompassing covering people safety.vessel safety. backup yard safety. as well as storm water drainage etc.

10. ECSA Welcomes The Communication On A New Approach For A Sustainable Blue Economy In The EU
The European Commission published yesterday its communication on a new approach for a sustainable blue economy in the EU. This communication highlights the important role of all the sectors related to oceans, including shipping, to boost the green and digital transition of the blue economy. ECSA welcomes the publication of the communication on a new approach for a sustainable blue economy in the EU. The communication highlights the importance of the contribution of the blue economy to achieve carbon neutrality, by developing offshore renewable energy and by greening maritime transport and ports.


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