Top Ten Maritime News Stories 07/08/2017

Seacurus Daily: Top Ten Maritime News Stories 07/08/2017

1. New Korean Alliance Deal
South Korea’s 14 container shipping companies are expected to sign an MOU on Tuesday to establish the Korea Shipping Partnership (KSP). The move is expected to ensure the nation’s companies stay competitive in the wake of Hanjin Shipping’s collapse last year. The partnership will include Hyundai Merchant Marine (HMM) and will see the companies share cargo capacity, add new routes and jointly manage overseas terminals.  Other companies involved in the partnership include Sinokor Merchant Marine, Korea Marine Transport and Heung-A Shipping. 

2. OOCL Couldn’t Compete
CC Tung, the veteran chairman of Hong Kong liner Orient Overseas Container Line (OOCL), has outlined why he felt he had to sell his company to China’s Cosco Shipping and Shanghai International Port Group (SIPG). Tung, speaking at OOCL’s interims, said that the dramatic consolidation seen within the liner sector had left his company without the necessary capital base to compete with larger companies whose fleet size was now more than double his own. On July 9, it was revealed that Cosco and SIPG had made a $6.3bn bid to take over OOIL, the parent of OOCL, putting an end to months of rumours over the sale.
3. British Skipper in Trouble
The British captain of a 40,000-tone logging ship has been fined for being under the influence of alcohol after an “exceptionally high” reading was taken by New Zealand police. The police were alerted by the pilot assisting the vessel at Port Northland. Senior Pilot, Kirit Barot, and Trainee Pilot, Richard Oliver, boarded vessel "Shansi" to help her enter Whangarei Harbour and berth at North Port. They were concerned the master smelled of alcohol and about his behaviour, so contacted the ship’s agent, the harbour master, and Maritime NZ. The captain 53-year-old Anthony Michael Baker was arrested and fined $3,000.
4. UK and Singapore in Spat
The head of the Singapore Shipping Association (SSA) has hit back at claims the Southeast Asian nation panders to shipping lines. Guy Platten, the CEO of the UK Chamber of Shipping, had slammed Singapore for “pandering” to businesses. Esben Poulsson, president of the SSA, responded, saying he took issue with this assertion. “Singapore has created a global hub through a far sighted, long-term strategic approach, with great care being taken not to move the goal posts in terms of rules and regulations,” the SSA boss said. So there…
5. Suez Still Shaping World
Egypt’s Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016, the head of the Egyptian Suez Canal Authority Mohab Mamish has said. The revenues of the Suez Canal amounted to 2.94 billion U.S. dollars, equivalent to 52.5 billion Egyptian pounds, during the first seven months of 2017, Mamish said in a press statement. The Egyptian official added that the canal’s revenues represented an increase of 19 million dollars year on year.
6. DNV Completes Drone Survey
DNV GL surveyors have carried out the classification society’s first offshore drone survey on the semisubmersible vessel Safe Scandinavia in the North Sea. This 25,383 GT tender support vessel (TSV) is owned and operated by Prosafe, supporting Statoil’s drilling operations off the coast of Norway. Using camera-equipped drones, DNV GL’s drone pilots checked the TSV’s fairleads and their connection with the vessel’s two columns as part of the intermediate survey. The classification society has carried out multiple drone surveys on both ships and offshore units, inspecting many areas on board.
7. EU State of Container Trade
A new EU port report puts Rotterdam as the largest container port in Europe (12.38 million TEU in 2016) followed by Antwerp (10.04 million TEU) and Hamburg (8.91 million TEU). The new report has made some key observations – these include: The Rhine-Scheldt Delta is, more than ever, the stronghold of the Hamburg-Le Havre range. North-German port system back at pre-crisis volumes, while the Seine Estuary below 2007 volume, Southern European ports are on the rise, there is a revival of the UK Southeast coast, Gdansk bay is the star region in the Baltic/Scandinavia, but there is no revival of the EU Black Sea ports.
8. Hazardous Cargo Leak
Twelve dock workers and a firefighter sustained minor injuries after a containership leaked a hazardous material in the Port of Long Beach yesterday. The accident happened onboard the Kawasaki Kisen Kaisha (K Line) controlled "Harbour Bridge" boxship. A significant volume of propyl acetate, which primarily used as a solvent, leaked into the waters of the Californian port. The leak has now been contained with local hazmat officials on the scene.
9. New Faces of US Merchant Marine
The US Senate Committee on Commerce, Science and Transportation has confirmed the heads of two bodies with significant impact on the maritime industry. It approved Mark H. Buzby (pictured) as administrator of the Maritime Administration (MARAD) and Robert L. Sumwalt III as Chair of the National Transportation Safety Board (NTSB). Buzby was nominated by US President Donald Trump in June to fill a post left vacant in January by the departure of Chip Jaenichen. MARAD, part of the Department of Transportation, has a remit to promote water-borne transportation in the US.
10. Lusitania Telegraph Retrieved
More than 100 years after the sinking of the "RMS Lusitania", divers have recovered yet another artifact from the wreckage of the historic ocean liner. The Lusitania was sailing from New York to Liverpool on May 7, 1915 when it was torpedoed by a German U-boat off the Head of Kinsale. A second explosion then led to the vessel’s sinking and the loss of 1,198 lives, marking a key moment in World War I history. The latest artifact brought up from the Lusitania is a telegraph, the second to be retrieved from the ship’s wreckage in recent months. The telegraph is now undergoing conservation ashore.

Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions


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