Top Ten Maritime News Stories 27/09/2017

Seacurus Daily: Top Ten Maritime News Stories 27/09/2017

1. Scale of Ship Spoofing Problems
Examination of global ship tracking data for the last two years has shown several instances of multiple vessels reporting their locations as being on land at airports far from where the ships were operating off shore. “We first became interested in this problem in June when a vessel master in the Black Sea reported his GPS showing him to be at the Gelendzhik airport, about 25 miles from his real location,” said Dana A. Goward, President of the non-profit Resilient Navigation and Timing Foundation. “He provided photographs of equipment and other information that convinced experts his GPS receiver was being deliberately spoofed.” 
2. Reefer Market Sewn Up
Containerships are set to control 85% of the reefer market by 2021, up from the current 79%, according to a report published by British consultants Drewry. By 2021, seaborne reefer cargo will exceed 134m tonnes – increasing by an average of 2.8% per annum, according to Drewry’s report. Despite future seaborne cargo growth levels being lower than those of the last decade (3.3%), such increases will have a significant effect on containerlines with reefer capacity, Drewry posited.
3. Zombie Fleet Fears
Hundreds of vessels around the world are essentially trading as a zombie fleet with scams growing when it comes to registering ships, the International Maritime Organization (IMO) has warned. Frederick Kenney, director of the legal and external affairs division at the IMO, speaking at this week’s International Group of P&I Clubs Correspondents’ Conference in London, said action was needed to tackle the growing number of fraudulently flagged ships. Kenney reported how around 10 flag states had revealed they had ships on their books that they had no idea about, registered from fake offices. 

4. Seafarer Guide on Ballast
BIMCO has written a practical guide for officers who are responsible for managing new ballast water treatment systems. It coincides with the entry into force of the International Maritime Organization’s (IMO) Ballast Water Management (BWM) Convention. BIMCO’s new Shipmaster’s Ballast Water Manual is intended to provide accessible information for seafarers dealing with practicalities of daily ballast water management. The manual covers all aspects of the Convention including regulatory implementation, inspections by port state control and charterers and the latest guidance issued by the IMO.

5. Confidence on the Rise
Shipping confidence reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey. The average confidence level expressed by respondents to the survey was up slightly from the 6.1 out of 10.0 recorded in the previous survey in May 2017 to a three-year high of 6.2. The improved rating was attributable mainly to increased confidence on the part of owners, up from 6.1 to 6.5. Confidence levels on the part of brokers, meanwhile, fell from 6.4 to 6.3, while managers and charterers recorded more substantial drops.
6. IMO Should Lead
Esben Poulsson, chairman of the International Chamber of Shipping, speaking on the eve of IMO World Maritime Day, has once again stressed his support for the UN body to be in charge of shipping’s global CO2 emission reduction strategies. Poulsson said he was hopeful IMO member states could agree upon some “truly ambitious” CO2 reduction objectives at next year’s Conference of Parties to the UNFCCC Paris Agreement. “IMO is the only body which can deliver further GHG reduction measures that will have a meaningful impact on the emissions of the entire global shipping sector", he said. 

7. 2000 Ship Landmark
The conatinership "COSCO Yantian" completed the 2,000 transit through the Expanded Panama Canal on Tuesday, heading north (from the Pacific to the Atlantic). The 9,504 TEU vessel measures 351 meters in length and 43 meters in length. The container ship operating on the Ocean Alliance’s Pacific East Coast 2 (PEX2) route linking Asia and the Caribbean. “In 15 months of operations the expanded Canal has had an impact on the shipping industry realigning shipping routes", said Channel Administrator Jorge Luis Quijano.
8. More OSV Failures Ahead
Synergy Offshore chief executive, Fazel Fazelbhoy, revealed the scale of the downturn facing OSV operators in Middle East waters. Generally, the picture was bleak although the Saudi market has shown signs of life recently as Saudi Aramco invites bids for various major offshore projects. Fazelbhoy, an offshore expert who is expecting significant restructuring across the sector as OSV companies and their bankers come to terms with plunging vessel values, says that an influx of tonnage from Southeast Asia has only added to the woes of local owners as utilisation levels and day rates have come under further pressure. 

9. Shipping Has Green Responsibilities
Shipping contributes a large volume of CO2 emissions to the environment and with an increase of cargo it is indispensable to step up our efforts to reduce this burden, according to Junichiro Ikeda President & CEO Mitsui O.S.K. Lines. In MOL’s latest Safety, Environmental and Social report, President Ikeda says that the environment presents a number of business opportunities and ways to gain competitive advantage. The report, which focuses on Bluer Oceans, Cleaner Environment and Sustainable Future, sets out MOL’s three strategies for its management plan. 

10. Maersk Purchase Approved
Brazil’s regulatory authority Conselho Administrativo de Defesa Econômica (Cade) has approved without restrictions Maersk Line’s acquisition of German counterpart Hamburg Süd. The nod narrows down the number of needed approvals to 10, including clearance from major regulatory bodies from China, Korea, Chile and South Africa. “Maersk Line’s proposed acquisition of Hamburg Süd was approved by the competition authorities of Brazil (The General Superintendence of CADE). With the clearance decision of today (September 22), the waiting period of 15 days is initiated,” Maersk Line said in a statement.

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


Best regards,

S Jones
Seacurus Ltd


Registered in England No. 5201529

Authorised and regulated by the Financial Conduct Authority
A Barbican Group company

Telephone: +44 191 4690859
Facsimile:  +44 191 4067577



Registered Office: Suite 3, Level 3,
Baltic Place West, Baltic Place,
South Shore Road,
NE8 3BA,
United Kingdom


This message, and any associated files, are intended only for the use of the individual or entity to which it was addresses and may contain information that is confidential, subject to copyright or constitutes a trade secret. If you are not the intended recipient you are hereby notified that any dissemination, copying or distribution of this message, or files associated with this message, is strictly prohibited. If you have received this message in error, please notify us immediately.


Leave a reply

©2021 InterManager - Promoting Excellence In Ship Management

Log in with your credentials

Forgot your details?