Top Ten Maritime News Stories 17/10/2017

Seacurus Daily: Top Ten Maritime News Stories 17/10/2017

1. BW Group Reportedly Hacked
A hacking incident at shipowner BW Group has emerged, the owner had been targeted by computer hackers just a month after Maersk was hit, the Singapore-based shipowner has confirmed to the media. “We had an unauthorized access and actions have been taken to rectify the matter,” a BW Group spokesperson said. “Internal and external communications to customers and stakeholders were not impacted and it was business as usual with some inconveniences as we worked around planned system downtimes as our IT department, with assistance of external consultants, reinforced our cybersecurity infrastructure.”
2. Legal Battle Settled
Norway’s Sevan Marine has reached a settlement with Logitel Offshore and Teekay Offshore Partners regarding the legality and potential claims about agreements signed among the parties. In 2016, Sevan Marine said potential breaches of Norwegian corporate law had been highlighted during a review of agreements a convertible loan with Logitel Offshore, a subsidiary of Teekay Offshore Partners, which owns and operates accommodation units based on Sevan Marine’s cylindrical design. The agreements in question are the $60m bond loan granted by Sevan Holding to Logitel in 2013 and a fourpartite agreement in 2014. 

3. Bottom of Market Hope
Fearnley Offshore Supply has called the bottom of the market and is seeing strong action in the offshore  S&P markets. Analysts reckon in their latest quarterly report, the offshore sector is currently in a “very tense and exciting part of the downcycle in a notoriously volatile market”. Sale and purchase activity over the past quarter was described as “buzzing” with plenty more in advanced stages of negotiations. “Unfortunately for the owners, this activity is mainly driven by the substantial discounts that they are currently offering the market rather than an increased demand for ships. Cash is king" Fearnley reported.
4. Abandonment Action Calls
While there is positive talk about tackling seafarer abandonment, the rhetoric does not do much to help seafarers in an actual situation. There is no systematic international process for dealing with abandonment. The consuls of some countries have no awareness of these aspects of shipping and their role in such situations. If seafarers are abandoned in port States without the wherewithal and the sympathy, understanding and experience of immigration officers, they are treated as illegal immigrants and deported. A new system is needed and long overdue.
5. India Searches for Missing Crew
India has dispatched a naval patrol aircraft to Manila to search for sailors of the MV Emerald Star, a cargo ship that sank in the waters+ to the north-east of the Philippines. The P-8I patrol aircraft dispatched on Sunday night carried two ‘search and rescue’ kits which contain inflatable dinghies and emergency food and water supply, which can be dropped near any survivors. The 33,205-tonne cargo ship Emerald Star sank in the Pacific on Friday off the Philippines, as a typhoon churned in the region. The Ministry of External Affairs (MEA) said 15 Indians were rescued, while a search was still on for 11 others missing.
6. Girl Dies on Cruise Ship
An 8-year-old girl has died after falling two stories from a Carnival cruise ship docked at the PortMiami seaport Saturday, according to the Miami-Dade Police Department. The girl fell from a balcony to the ship’s lower deck around 8:15 a.m., police said, according to NBC Miami. The girl was taken to the Jackson Memorial Hospital’s Ryder Trauma Center in "extremely critical condition," where she later succumbed to her injuries, NBC reports. Miami Fire Rescue captain Ignatius Carroll told the Miami Herald that Miami-Dade rescue workers attempted to perform CPR on the child.

7. US Crude Boom
The emergence of the US crude export trade is a boon for crude tanker owners, as ton-mile distance has increased considerably. Shipbroker Gibson said that there has been a "surge in US crude exports to record highs. Preliminary data from the US government agency EIA shows that the country’s crude exports hiked to nearly 2 million b/d in the week to September 29, surpassing the 1.5 million b/d record set the previous week. This latest spike in shipments is likely to be temporary; however, the bigger picture is that US crude exports have undeniably witnessed a notable step up in volumes this year relative to 2016”.
8. All in for Battery Power
A hybrid energy system has been installed on board Viking Princess making it the first offshore supply vessel where batteries have reduced the number of generators on board.  Viking Princess completed sea trials and the system was handed over to Eidesvik Offshore on October 9, 2017. She provides supplies to oil rigs in the North Sea and Barents Sea. The five-year old vessel runs on LNG-powered Wärtsilä engines. Depending on the ongoing task and weather conditions, the engine load varies between 90 percent and 20 percent.

9. Massive Migrant Rescue
A ship carrying 606 migrants rescued at sea, off the Libyan coast, has docked in Sicily. Rescue ship "Aquarius", which is operated by NGO SOS Méditerranée picked up the migrants as they attempted to cross the Mediterranean. The people rescued, who include 241 children and 11 pregnant women, come from around 20 African and Middle-Eastern countries, including Egypt, Sudan, Eritrea, Mali, Ivory Coast, Guinea Bissau, Nigeria, Ghana, The Gambia and Yemen, the organistion said. The group said that some of the migrants are malnourished and that many of the sub-Saharan African women claim to have suffered abuse.

10. Panama Opens Up
The Panama Ship Registry has announced the opening of three new technical offices (SEGUMAR) in London, UK, Manila, Philippines and Dubai, UAE. The new offices will be operational from 17 October, 2017, and will strengthen the Registry’s presence in Europe and in Asia. “The new SEGUMAR offices bring a closer relationship with international clients with the option of directly accessing the services offered in real time, with advice through personalised consultation, in strategic locations for the register,” said Panama Maritime Authority (AMP) director of Merchant Marine Fernando Solórzano.

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

Email: [email protected]


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

©2024 InterManager - Promoting Excellence In Ship Management

Log in with your credentials

Forgot your details?