6 April 2020

COVID-19: What the media is saying today


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ISSUE NO. 16

PUBLISHED ON 06/04/2020


Crew Changes

Seatrade Maritime News

UAE to allow crew changes in ‘special circumstances’

The United Arab Emirates (UAE) has lifted some of its restrictions on crew changes allowing for disembarkation in special circumstances. GAC quoted a UAE Federal Transport Authority circular that it had decided to lift crew change restrictions gradually which in the first stage would see priority give to seafarers on board vessels with “special circumstances”.

Shipping Industry Developments

Lloyd’s List

Force majeure doesn’t get ship operators off the loan repayments hook

British-based shipping companies are in principle eligible for government coronavirus support schemes, say lawyers, but unfortunately few seem to have business interruption insurance

Lloyd’s List

Bankers go easy on owners as coronavirus bites — at least for now

Bankers are likely to cut shipowners some slack during the conronavirus crisis, rather than jump to enforcement at the first possible opportunities, according to lawyers who specialise in ship finance

Seatrade Maritime News

Shipping, port and shiprepair to remain open as Singapore closes most workplaces

Singapore’s shipyards and marine industries look set to suspend work for a month as the government closes all workplaces except those in essential services and key economic sectors to close in the fight against COVID-19. Singapore Prime Minister Lee Hsien Loong announced significant tightening of measures, described as a “circuit breaker” to combat the COVID-19 pandemic in televised national address on Friday afternoon.

Seatrade Maritime News

Liberian Registry conducts first ever remote flag inspection

The Liberian Registry has conducted its first ever remote flag inspection leveraging the use of technology and modern communication, in a time of disruptions caused by the coronavirus (COVID-19).

Shipping Watch

Container lines could lose upwards of USD 23 billion in the corona crisis

Container shipping companies face massive billion dollar losses in 2020 if they fail to prevent a collapse in rates, projects Sea-Intelligence. More than 200 sailings have been voided.

Other updates on COVID-19

Upstream

Shelf suffers new early termination of rig charter

Dubai Petroleum cuts short contract for second jack-up working in Middle East amid coronavirus crisis as SeaBird seismic survey cancelled

Financial Times

Coronavirus latest: Decline in new cases stokes hopes outbreak peaked

A drop in the number of new Covid-19 diagnoses to the lowest level in six days has prompted hope the global coronavirus outbreak has reached or is nearing a peak

EVENTS CANCELLED OR POSTPONED

·       NAVEXPO: POSTPONED to 17 Jun – 19 Jun 2020

·       CMA Shipping : POSTPONED to 29 Jun – 1 Jul 2020

·       Marine Money Hong Kong: POSTPONED to 3 Sep 2020

·       Asia Pacific Maritime: POSTPONED to 30 Sep – 2 Oct 2020

·       Posidonia: POSTPONED to 26 Oct – 30 Oct 2020

·       Singapore Maritime Technology Conference: POSTPONED to 21 – 23 Apr 2021

·       TOC Asia: POSTPONED to 20 – 21 Apr 2021

·       Singapore Maritime Week : POSTPONED. TBA

·       Seatrade Cruise Global: POSTPONED to 12 – 15 April 2021

·       Offshore Technology Conference: CANCELLED

·       ITS 2020: CANCELLED

·       TPM20: CANCELLED

·       Sea Japan: CANCELLED

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