1. COSCO Hits Number One
Coscos all out assault to become the worlds top containerline is yielding results. Analysts at Alphaliner report that Cosco, aided by the misfortune of a Danish rival, became the largest container carrier for the first time during the third quarter in terms
of container liftings. State-backed Cosco, which merged with China Shipping a couple of years ago, saw its liftings surge 23% to hit 5.49m teu in Q3, surpassing Maersks 5.26m teu. Maersks quarterly results were hit by a massive cyber attack this summer which
hampered operations, volumes and revenues in a significant way.
Japans Mitsui OSK Lines (MOL) said today pioneering work with a voyage data recorder (VDR) on one its ships had given the company a major step toward future remote vessel operation technology. MOL teamed up with Japan Radio Co and JSAT Mobile Communications
in building a network that shares data recorded in a VDR by using Fleet Xpress provided by Inmarsat. In the past, VDR data was accumulated in its main unit onboard, so the data had to be stored in secondary storage such as a hard disk drive and mailed to offices
on shore. This meant shore-side personnel could not access this data during the voyage.
after a year of tepid sales for new ships. Within days, Gianluigi Apontes Mediterranean Shipping Co., the No. 2 container line, confirmed it had lobbed in an order for 11 behemoths, each of which can hold 22,000 shipping containers, enough capacity for 44,000
cars or 8.8 million 50-inch TVs. The orders amounted to almost $2.9 billion combined.
Clarksons, the worlds largest shipbroker, has been hit by a cyber attack, and has called in the police to investigate the incident. Our initial investigations have shown the unauthorised access was gained via a single and isolated user account which has now
been disabled. We have also put in place additional security measures to best prevent a similar incident happening in the future, the London-listed company said in a release. The broker stressed to clients and shareholders that this incident has not affected
its ability to do business. However, the data stolen could be released by hackers, Clarkson warned.
An ugly impasse involving three ships managed by Singapore-headquartered Elektrans is coming to an end, with the vessels being sold and their crew finally getting paid. The "Distya Akula", "Distya Ameya" and "Distya Pushti" three tankers controlled by Arya
Ship Charterers in which Elektrans also had a 17% holding saw a time charter fail to pay up, resulting in the ships crew failing to be paid and living in squalid conditions for a number of months. The crew managed to mount a visible campaign online to highlight
their plight. Two of the ships were arrested in India and another detained in Cyprus.
NYK, Mitsui OSK Lines and K Line, is set to go with an outstanding bright magenta colouring, far removed from the usual dark, drab colours seen in the industry. Alphaliner said that the first drums of magenta paint were being opened to paint the first vessels
as it went to press yesterday.
Two maritime pilots who defied fire to bring a burning ship to safety, averting a major maritime catastrophe, received the 2017 IMO Award for Exceptional Bravery at Sea during the 2017 IMO awards ceremony. Pilots Captain Michael G. McGee and Captain Michael
C. Phillips, from Houston, United States, were recognized for their role in averting a major tragedy in September 2016. The ship they were piloting, the 247 meters-long tanker Aframax River, broke down in the Houston Ship Channel in the middle of the night
and burst into flames after colliding with mooring dolphins.
founder of the Odessa-based shipper. Bitcoin will make it easier to do business with customers in countries affected by sanctions, and means less paperwork than traditional bank deals, he said. Paperwork for transactions is a complicated issue with banks,
and bitcoin payments will help solve that by being faster, Varvarenko said.
were just two years ago. This restricts owners options for broadband communications at a time when the number of maritime VSAT units are rapidly increasing. But, it provides opportunities for the smaller players to gain market share. Marlinks owners Apax
Partners signed an agreement to acquire a majority stake in OmniAccess, a leading provider of VSAT to superyachts.
The Bulk carrier "Dora Schulte" reportedly ran aground on Nov 20 in Limende Strait, between Bangka Belitung islands, South China sea Java sea, while en route from Singapore to Cigading port, Indonesia, Sunda Strait. Vessel seems to be hard aground in position
02 58S 107 11E, Indonesian authorities said there was no distress signal, no assistance required, crew remain on board. No leak reported. Reports indicate that that vessel, as of Nov 28 was still aground. With no signs of a salvage operation reported.
Daily news feed from Seacurus Ltd providers of MLC crew insurance solutions
Registered in England No. 5201529
Telephone: +44 191 4690859
Facsimile: +44 191 4067577
Registered Office: Suite 3, Level 3,
Baltic Place West, Baltic Place,
South Shore Road,
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.