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The CMA CGM Group Launches

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The CMA CGM Group Launches DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 Number 238 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Tuesday 25-08-2020 News reports received from readers and Internet News articles copied from various news sites. The FUGRO MARINER after departure from the Singapore Eastern Anchorage last Saturday transiting the Inshore traffic lane westbound Photo : Piet Sinke www.maasmondmaritime.com (c) CLICK at the photo & hyperlink in text to view and/or download the photo(s) ! Distribution : daily to 43.000+ active addresses 25-08-2020 Page 1 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 Your feedback is important to me so please drop me an email if you have any photos / articles that may be of interest to the maritime interested people at sea and ashore PLEASE SEND ALL CORRESPONDENCE / PHOTOS / ARTICLES TO : newsclippings@gmail.com this above email address is monitored 24/7 PLEASE DONT CLICK ON REPLY AS THE NEWSLETTER IS SENt OUT FROM AN UNMANNED SERVER If you don't like to receive this bulletin anymore : please send an e-mail to the above e- mail adress for prompt action your e-mail adress will be deleted ASAP from the server EVENTS, INCIDENTS & OPERATIONS Panama-flagged, 2020 built, HMM ROTTERDAM, 228.600 DWT, 23.820 TEU, inbound Antwerp from Hamburg, passing Hansweert. Photo : Alexander Hoogstrate (c) Dry Bulk Newbuilding Activity Picks Up Distribution : daily to 43.000+ active addresses 25-08-2020 Page 2 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 Despite the recent lull in newbuilding orders over the past few months, the past week proved to be a different story, albeit only slightly. In its latest weekly report, shipbroker Clarkson Platou Hellas said that it was a “quite active week in terms of newbuilding activity in the dry bulk segment, especially in the Ultramax one. Danish Owner Norden extended their commitment with Nacks confirming 2 x options for delivery in Feb and June 2022: price should be in line with the original order of 4 x units which was region $22.8 mln per ship. Allegedly NACKS also firmed an order for other 2 x 61,000 dwt units of same design with Turkish Owners Turgu Aydin for delivery from August 2021, no price emerged for this order. Major Turkish owners Densay selected Xiangyu shipyard to award a contract for 3 x 63,500 dwt Ultramax units sdari design for delivery from end 2021 into Q1 2022: there are not official prices but we believe they order may span around $23.5 mln per ship. No relevant new orders to report in the tanker or gas sector apart HMD receiving a firm commitment from Nisshin for 2 x 50,000 dwt MR2 for delivery end of 2021. We understand the price is somewhere around $36 mln with speculation that the ships may be delivered scrubber fitted”, the shipbroker said. The 2017 built, 33.428 t. dwt bulkcarrier CLARA ENTERPRISE anchored at Astoria (Or-USA) and waiting for a loading port on the Columbia River. She is sailing under Panamanian flag and her imo nr is 9749403. Photo: Aart van Essen In a separate note, shipbroker Intermodal said that in the newbuilding market, “sentiment continues to be low in the newbuilding realm as orderbooks across all shipping sectors are at low levels with only a handful of orders surfacing in the past week. This can be attributed to the economic uncertainty caused by the COVID-19 pandemic combined with the shipping industry’s “divided” view on the commercial and long-term implementation feasibility of ESG in maritime transportation. In addition, shipyards have been struggling to stay afloat financially since the start of the coronavirus outbreak owing to the increased number of newbuilding order cancellations and the travel/work restrictions. Given the prevailing conditions in the tanker market coupled with the current challenging macro-economic fundamentals, an upturn in the newbuilding front appears to be a pipe dream for the rest of 2020. In terms of recently reported deals, Danish owner, Norden, placed an order for two firm Ultramax vessels (61,000 dwt) at NACKS, in China for an undisclosed price and delivery set in 2022”, Intermodal said. After loading at Kalama (Or-USA) the 76.574 t dwt bulk carrier HONG YUAN left for her destination Lianyungang, in China. She was built in 2009 and is registered in Panama. Photo: Aart van Essen (c) Meanwhile, in the S&P market, Banchero Costa said that “in the dry bulk market, during the week, offers were invited on scrubber fitted Capesize Jubilant Exellence 180,000 dwt built in 2013 at Koyo: the vessel seemed to be sold at $24.5 mln. Furthermore, 3 x Supramax units DD Ege, DD Karadenisz and DD Marmara 57,000 dwt built in 2012 at STX were reported sold at $30 mln en bloc. Two weeks ago, Panworld 56,000 dwt built in 2012 by Hyundai Mipo was reported at $10.2 mln. In the Handysize segment more activity was recorded during the week: a Pioneer controlled unit Falcon Bay 38,000 dwt built in 2015 at Yangzhou was sold at $13.5 mln (basis SS/DD due to client of Pola Maritime). One month ago, Cielo di Cartagena 39,000 dwt built in 2015 at Yangfan was done at $13.5 mln. Furthermore, Koznitza 32,000 dwt built in 2010 at Liaoning was sold at $5 mln and Westgate 28,000 dwt built in 2011 at I-S was reported at $6.5 mln. In the tanker market Distribution : daily to 43.000+ active addresses 25-08-2020 Page 3 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 a vintage Suezmax Sonangol Kizomba 157,000 dwt built in 2001 by Daewoo was reported sold at $12.5 mln. Back in April Cap Diamant 160,000 dwt built in 2001 at Hyundai was sold at $21 mln. A sale and lease back deal involved 2 x modern MR tankers GW Fortune and GW Dolphin 55,000 dwt built in 2020 at Chengxi were purchased at $34.7 and $36.6 mln by client of CSSC Shipping and chartered back for 10 years at $8,300/d”, the shipbroker concluded. Source : Nikos Roussanoglou, Hellenic Shipping News Worldwide The 3600 ton’s Sembcorp Marine’s Sheerlegs L 3601 passing the sister Islands in the Singapore strait under tow of the tugs JMS WIRA , PW TERAJU and as pushing tug PW BERANI Photo : Piet Sinke www.maasmondmaritime.com (c) CLICK at the photo & hyperlinks in text to view and/or download the photo(s) ! CLICK st the banner to see the Shoretension in action https://shoretension.com/ Learn the lessons before the next Wakashio comes HERE we go again; a ship split in two, bunker fuel flooding over pristine beaches, the livelihoods of hoteliers and fisherfolk wiped out overnight, local flora and fauna decimated. And the best public relations response the industry can rustle up for an angry mainstream media and an even angrier populace is scholastic reiteration of the arcana of liability conventions.It would be better if the grounding of WAKASHIO had not happened. But given it did, attention must now focus on both the adequacy of the immediate reaction and the longer view. For most industries, a willingness on the part of those in the firing line to front up to the television cameras would be the default setting. Distribution : daily to 43.000+ active addresses 25-08-2020 Page 4 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 But to use shipping’s woeful past environmental misdeeds as a yardstick, the level of public engagement by those linked to the vessel can probably be categorised as depressingly adequate. We can be grateful that in Panama, Nagashiki and MOL respectively, we have a flag state, an owner and a charterer who are ready to engage rather than go into hiding. The next priority is to establish what went wrong and why; investigations must be urgent, fully funded, forensic, unstinting and above all transparent.They must also be in the public domain. That shouldn’t need saying, but don’t forget that around half of flag state reports never see the light of day. Another thing that shouldn’t need saying is that truth must be established before blame is apportioned. In that light, the arrest of WAKASHIO’s master and chief officer is worrying. The criminalisation of seafarers — need we mention PRESTIGE and HEBEI SPIRIT — has been a scandal for decades. Without indulging in special pleading, we urge the Mauritian authorities to ensure these officers are not scapegoated for the actions of others. As Lloyd’s List has also reported, at least two crew had been on board formore than a yearprior to the grounding. Correlation is not causality, but the possibility that fatigue played a part in any operational errors is at the very least relevant context. Openness and honesty are the sine qua non, both from those operationally involved and from the governments, authorities and institutions that have singularly failed to rise to a hidden crisis that has left seafarers at sea long after the tours should legally have ended. Distribution : daily to 43.000+ active addresses 25-08-2020 Page 5 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2020 – 238 Finally, it is unacceptable for a poor third-world government only to receive tens of millions of dollars in compensation for a clean-up that will cost hundreds of millions of dollars to undertake. Even if that is legally right, it is morally wrong. Public pressure for a revision of the industry compensation regime will be as irresistible as inevitable. There will, of course, be a ‘next WAKASHIO’.
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