Top Ten Maritime News Stories 03/11/2017

Seacurus Daily: Top Ten Maritime News Stories 03/11/2017

1. Glut Threatens Recovery
Container shipping is emerging from a painful six-year slump, but a glut of tonnage that will hit the water over the next two years threatens to derail the nascent recovery. In recent months, Mediterranean Shipping Co. and CMA-CGM SA have each announced orders for 11 mega-vessels. Together, with existing plans by Asian giants like Cosco Shipping Holdings Co. and Evergreen Line, the moves mean dozens of these vessels will be delivered by 2020. “The gap between supply and demand is closing, but there is still tonnage coming in, so the problem is not going away,” said Alan Murphy, chief executive of SeaIntel Maritime Analysis.
2. US Warns of Nigerian Piracy
The United States of America Maritime Administration, has published the latest Maritime Alert. In the alert, it warned ships to be wary when approaching Nigerian waters. Ports: 26 ships with petrol, food items expected According to the US Maritime Administration, the two recent incidences of pirate attacks in the Niger Delta of Nigeria is a confirmation of escalating insecurity around and on the waters of Nigeria. It made reference to the attacks on October 21 and 25, 2017. “Two incidents have been reported in the Gulf of Guinea in the past six days. 

3. Port That Makes Christmas
Just five years ago, DP World London Gateway was still being dredged from the Thames. Now the UK’s newest port is trying to lure the world’s biggest ships to its quayside to get us our shopping quicker. Now the port is stressing its credentials as the place that makes Christmas happen for most of the United Kingdom. The company has been stressing the links between people browsing online, buying and it turning up on the front door step. This seemingly magical process is being made possible by shipping, and that means the London Gateway.
4. Port State Can Save Seafarers
The problem of the unpaid seafarer has been resolved on board ships entering Australia by [the Australian Maritime Safety Authority].” Port state control enforcement of the MLC is the new solution for seafarers who have not been paid, the seasoned maritime expert posited. A maritime commentator has explained crew should notify the ITF, who then notifies AMSA. AMSA then attends to conduct a full port state control (PSC) inspection including enforcement of the MLC. The MLC provides an obligation to pay seafarer wages in full and on a monthly basis. If wages are not fully paid, then AMSA will detain the vessel. 
5. Not Enough to Stop Groundings
Ship operators are not doing enough to prevent ships from grounding of colliding due to errors in navigation. Shipping companies must do more to ensure bridge teams follow guidelines and use electronic navigation devices effectively to prevent accidents. Recent accident reports have highlighted that too many mistakes are occurring, resulting in damaged ships and marine environments. Over the years, there have been too many examples of bridge teams demonstrating that they are not using electronic navigation equipment effectively.
6. Box Ship Held With Cocaine
A container ship carrying more than one tonne of cocaine has been seized by Portugal’s drug enforcement agency, in an operation to combat illicit drug trafficking by sea, The vessel was intercepted in the middle of the Atlantic Ocean by the Portuguese Navy and Air Force. It`s a significant seizure, the largest this year, and in the context of large seizures, that’s more than about a ton and we are talking about this kind of boat that was seized, Everything indicates that it is an organization with weight in the international panorama” 17 men between the ages of 24 and 63 were arrested on the vessel and are being questioned.
7. Port Protestor Dies
A protester was killed in the town of Bosaso in Somalia’s semi-autonomous Puntland region after demonstrations broke out in opposition to a concession deal for the management of its port, residents said. The Dubai government-owned P&O Ports won a 30-year concession worth $336 million in April to expand and manage Bosaso’s port, a deal that involves dredging, building a quay and a 5-hectare back-up area. Residents said clashes erupted after police tried to disperse a crowd protesting what they said were price increases resulting from the agreement.
8. Small Ships and Big Attraction
Big ships make the big headlines, but vessels at the other end of the size spectrum are also making waves as the market braces for an uncertain year ahead. 90% of vessels on the key Asia-Europe route will be more than 14,000 TEU by 2020 compared with only 5 percent six years ago, but while the mega-ship makes sense to carriers as they cut slot costs — so long as demand matches supply – non-operating shipowners focus on charter rates, whatever the size of vessel. Currently the smaller the vessel, the more attractive it is to non-operating ship-owners who have taken big hits as their carrier clients sank into the red.
9. NYK Shaking Up Logistics
NYK is aiming to take over 100% ownership of Yusen Logistics with a JPY25.6bn ($224.8m) offer for the shares in the company that it does not already own. One of the “big three” Japanese shipowners, NYK has set out a strategy of becoming a more “asset light” organisation in which it sees a strong fit for the public-listed freight forwarding subsidiary Yusen Logistics. NYK currently owns 59.6% of Yusen Logistics and is offering JPY1,500 per share to minority shareholders that own 40.4% of the company. The Japanese shipowner aims to acquire all the shares in Yusen Logistics.
10. Class and Good Maintenance
Classification society ClassNK has just released the latest version of Good Maintenance Onboard Ships. The comprehensive checklist is designed to be used by shipmasters, crew, shipowners, and other key personnel in order to ensure vessels are safe, well-maintained and comply with regulations. To further improve the quality and efficiency of maintenance onboard ships, ClassNK has incorporated its knowledge and experience to provide the most up-to-date checklists for Routine Maintenance, PSC Inspections, Safety Management Systems, Ship Security Management Systems.

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


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