Seacurus Daily: Top Ten Maritime News Stories 01/06/2017
1. Pirates Attack Tanker
Unknown assailants attacked an oil tanker on Wednesday in the latest flare-up in an area through which much of the world’s oil passes. The EU Naval Force said in a statement that the attackers fired rocket-propelled grenades before breaking off their assault on the Marshall Islands-flagged tanker "MT MUSKIE" in the southern Bab al-Mandab Strait.
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2. Tianjin Port in Flames
A major fire broke out at a storage yard at Tianjin Port last night, with firefighting operations still ongoing today. The fire started in a storage yard of a local paper company inside Tianjin Port at Binhai New Area. The yard covers an area of around 10,000 square meters and has ten thousand tons of waste paper piled. In August 2015, Tianjin Port suffered a massive explosion.
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3. Rickmers Plan Rejected
The board of beleaguered Rickmers Group says that HSH Nordbank has rejected the companyās plans for financial restructuring and also rejected further negotiations of the restructuring. In April, Rickmers and HSH Norsbank reached an understanding on a term sheet deal regarding the restructuring that was subject to the approval of the board of HSH.
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4. Anatomy of an Accident
The Swedish Club has published Anatomy of an Accident which provides insights into serious vessel casualties. Illustrating just how easily an incident can escalate; the guide explores the various parties and processes involved in dealing with an emergency situation, and the complicated interplay between the cast of professionals involved in bringing an incident to a resolution.
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5. Asian Trade Lifeline
Asia now accounts for a dominant 60% of seaborne trade, and has plenty of potential to grow, according to statistics provided by the worldās most famous shipping analyst, Dr Martin Stopford.
Stopford, speaking at Nor-Shipping, described the continent as the ācentre of maritime tradeā, its 60% share of seaborne trade equating to 6bn tonnes a year.
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6. Likes Bees to Honey
At Nor-Shipping, observers have been taken by the nature of shipping. Industry players adopt various roles – be they bees, dodos and ostriches. Arriving at Nor-Shipping one is struck by the bees buzzing everywhere. Buzzwords abound and in some cases it is not clear where the honey lies. Is it in the cyber honey pot or the big data tree?
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7. How to Steal a Ship
In 2013, Professor Todd Humphries of the University of Texas made news by demonstrating how he could ātakeoverā navigation of a large yacht by co-opting its navigation system with false GPS signals. Even though the captain and crew knew what was going to happen, the vessel was out of sight of land and the changes in course were too subtle for them to detect.
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8. Hapag-Lloyds Slashes Workers
German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000 land-based workforce after completing its merger with Arab peer UASC. A spokesman at Hapag-Lloyd’s Hamburg headquarters said the job cuts would be made over the next 18 months to two years, the company did not say where jobs would be cut.
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9. French Want STX Review
French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent deal to sell a large stake in the STX France shipyard to Italian group Fincantieri. Speaking at the launch of a new cruise ship, Macron said the STX Franceās shareholder structure should neither put jobs at risk nor jeopardise its capacity to win new business.
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10. Coming Together as ONE
K Line, MOL and NYK will operate under the tradename Ocean Network Express (ONE) from 1 April next year. In a joint statement today the Japanese trio said: āThe move will allow Ocean Network Express to better meet customersā needs by providing high-quality, consolidation and enhancement of the three companiesā global network and service structures.ā
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Daily news feed from Seacurus Ltd ā providers of MLC crew insurance solutions www.seacurus.com
Best regards,
S Jones
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