Seacurus Daily: Top Ten Maritime News Stories 06/12/2017

Seacurus Daily: Top Ten Maritime News Stories 06/12/2017

1. Asian Piracy Decade Low

There were no piracy incidents reported to ReCAAP ISC last week, and the period from January to October was the lowest over the last 10 years, reports the agency.  During January-October 2017, 60 incidents were reported, of which 51 were actual incidents and
nine were attempts. Compared to January-October 2016, this was a nine percent decrease, and compared to the same period in 2015, it was a 67 percent decrease. ReCAAP ISC attributes the decrease to improvements at ports and anchorages in Malaysia, India, Indonesia
and Vietnam.
2. Clean Coal Carrier
Mitsui OSK Lines (MOL) along with fellow Japanese companies Tohoku Electric Power and Namura Shipbuilding have jointly earned an Approval in Principle (AIP) from LloydÂ’s Register for the design of an LNG-powered coal carrier. This is JapanÂ’s first joint
acquisition by three companies — a shipping company, cargo owner, and shipbuilder — of an AIP for a vessel powered by LNG. The vessel design ensures sufficient cargo capacity without making the hull larger by installing the LNG fuel tank at the stern. In addition,
the study is pursued based on installation of the tank cover to prevent any fire spreading.
3. Removing Barriers to Progress
The maritime world is in the middle of a period of rapid change, with increasing digitalisation, new regulations and shifting market. Classification societies can help to remove barriers, speed up the process and assist stakeholders to make the most of this
new landscape, Knut Orbeck-Nilssen, chairman of the International Association of Classification Societies (IACS) and CEO of DNV GL Maritime has said. Talking about challenges, Orbeck-Nilssen reckoned the ship systems are becoming ever more complex and increasingly
controlled by software which is leading to new risks like hacking and cyber-crime.
4. Worker Dies on Drillship
BrazilÂ’s state oil firm Petrobras revealed on Tuesday that a worker on one of their drillships in the US Gulf of Mexico died at the weekend after an accident. The incident happened early on Saturday on the drillship Petrobras 1000. Details have not been released
but family of the worker, who was employed by contract company Spencer Ogden, has been informed. Petrobras said medical assistance was given to he man on the drillship but to no avail. The drillship, owned by Swiss company Transocean, was scheduled to remain
in the Gulf until January 2018. A Petrobras spokesman said an investigation is under way .
5. Shining Spotlight on Abandonment
Third party vetting giant RightShip plans to make the life of those who abandon crews that bit trickier. RightShip, whose clients and backers include some of the largest shippers in the world, has taken the database of abandoned ships created by the International
Labour Organization and the International Maritime Organization and is now looking at how to include details of companies who have a history of crew abandonment into its data matrix. Ignorance will no longer be an excuse for dealing with owners who have abandoned
their crews.

6. Preventing Assault at Sea
The Ship Operations Cooperative Program (SOCP) has released brochures and posters on prevention of sexual assault, sexual harassment, retaliation, bystander intervention, bullying, hazing, coercion, stalking, and other prohibited behaviours in the U.S. Merchant
Marine.  These “tool kit” items are designed to provide guidance and a practical approach for different audiences within the maritime industry. The tool kit contains four quick reference guide brochures targeted to support the company, master, shoreside personnel
and victims, and stresses a range of zero tolerance techniques and tips.

7. Cyclone Ockhi Hits Hard
Indian officials said that the death toll from Cyclone Ockhi has risen to 39, a tenfold increase over the first numbers reported on Monday. 167 fishermen are still missing at sea, and port communities along India’s west coast expect the number of fatalities
to rise as the search continues.  To date, over 600 fishermen have been rescued, and state governments are working with local fishing villages to gather more information on who was out to sea and who has returned. 800 fishermen from Tamil Nadu and Kerala who
were caught up in the storm have made it back to shore in Maharashtra, well to the north of their home ports.
8. Mega Cocaine Banana Bust
Spain has announced the nation’s largest cocaine bust in 18 years. Agents in Algeciras found nearly six tonnes of the drug stashed in banana boxes aboard the "Banak", a container ship arriving from Medellin.  Three individuals were arrested in connection with
the discovery, including the head of the fruit and vegetable importer that had ordered the consignment. The cocaine was worth about $250 million on the street, and its final destination was El Prat de Llobregat, the site of Catalonia’s international airport.
The drug traffickers had concealed over 5,000 bundles of cocaine within one of six containers in a consignment of bananas.
9. Global Technology Centres
A global network of centres of excellence in marine technology was officially launched on Monday (4 December) at the headquarters of the International Maritime Organization (IMO). The Directors of five regional Maritime Technology Cooperation Centres (MTCCs)
signed a Memorandum of Understanding to establish the global maritime technology centre network. The network of MTCCS – in Africa, Asia, the Caribbean, Latin America and the Pacific – is the mainstay of the GMN maritime technology project, run by IMO and funded
by the European Union.

10. Shipping Gloomy Outlook
Fitch RatingsÂ’ sector outlook for global shipping remains negative as we do not expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. Both container and bulk show signs of a revival, but the longevity of this trend
remains uncertain due to limited adherence to capacity discipline in the sector. Improving market sentiment and a focus on scale and vessel size have stimulated new orders. The supply and demand dynamics are likely to support container, bulk and LNG rates,
but tanker rates could remain under pressure.

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


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