Seacurus Daily: Top Ten Maritime News Stories 19/12/2017

Seacurus Daily: Top Ten Maritime News Stories 19/12/2017

1. Panama Record Breakers

With a total of 8,094 vessels, Panama is emerging today as the country with the largest registry of ships in the world, a figure that made it worthy of a Guinness Record. Official figures revealed that, in 2016, the Isthmian nation brought together about 18
percent of the world fleet, followed by Liberia, the Marshall Islands, China Hong Kong and Singapore, which together account for 57.8 percent of the total quota of the market, according to the United Nations Conference on Trade and Development.
2. Greeks on Lloyd’s List
Greek shipping continues to be at the top of the world, despite the economic crisis that continues to plague Greece. According to Lloyd’s List, Greek shipowners control about 20% of the world’s dead tonnage weight (DWT) capacity with 4,600 vessels. They
own 28% of tankers, 22% of bulk carriers, 16% in oil and chemical tankers, 15% in liquified natural gas, 13% in refrigerators and 9% in containers. The first seven for 2017 are as follows: John Anthony Angelicoussis, who is also eighth in the world ranking.
Second Greek is George Prokopiou (Dynacom / Dynagas), while 3rd place among the Greeks is Angeliki Frangou.
3. Increased Piracy Threat
The increased threat of piracy off Somalia and Yemen since the Aris 13 hijacking in March is set to continue due to heightened insecurity in the High Risk Area. Reports of pirate activity in the High Risk Area (HRA) region have increased by more than five
times over the past 12 months, totalling 65 incidents, compared to the same period in 2015-2016. Reports of attempted hijackings sharply increased in the weeks after the hijacking of the Aris 13 bunkering tanker in March, and the rate of attempted attacks
and suspicious activity has since remained elevated.
4. Ballast Water Compliance Arrives
Ballast water exchange and compliance date extensions are being phased out as temporary options for compliance with the US ballast water regulation as shipowners are now able to select and install a US Coast Guard type approved ballast water treatment system.
The US ballast water regulations (33 CFR Part 151) entered into force in June 2012 and are different from the requirements set out in the IMO Ballast Water Management (BWM) Convention. While the IMO recently agreed to delay the deadline for some vessels to
retrofit ballast water treatment systems, the US Coast Guard (USCG) has chosen to limit further extensions.
5. Passengers Fall Sick
Hundreds of passengers on a luxury liner, from the Royal Caribbean fleet, were stricken with what is believed to be a gastrointestinal illness. "It was just terrifying," Tracy Flores, a passenger, said "Just the amount of people that were coming in at the same
time with vomiting and diarrhea and just looked ghastly."
Royal Caribbean said those affected were treated with over-the-counter medication provided by the ship’s doctors. According to a statement from the company, there were 332 reported cases reported aboard the Independence of the Seas – a five-night cruise.
6. Seafarers Face Wage Pain
A report by ISWAN revealed the ways in which seafarers pay the price for the shipping industry’s woes. From seafarers out of work to those reporting unpaid wages and cases of abandonment, the economic downturn left many facing dire prospects in 2016. Seafarers
have been negatively affected by companies going bankrupt or having their profits slashed by reduced freight rates. In 2017, stated that seafarers were hit hard by reduced freight rates caused by overcapacity in 2016, with a record number of new calls from
workers concerned about wages being paid, keeping their careers, and abandonment.

7. Hack and Ship Snap
Cyber security penetration testing experts Pen Test Partners, have highlighted how hackers could sink a bulk carrier by manipulating the loading data of its hull stress monitoring systems (HSMS) to deliberately cause an imbalance of cargo on the vessel
without the crew being aware. The consequences could be catastrophic with the vessel being put under intense strain leading to it breaking up and sinking.
8. Gained in Translation
Britannia P&I Club has sponsored the translation of the CHIRP (Confidential Hazardous Incident Reporting Programme) Maritime Feedback into Tagalog, the national language of the Philippines. One of the aims of CHIRP is to contribute to the enhancement of global
maritime safety by providing a totally independent confidential reporting system for anyone employed in or associated with the industry to use. Individuals can report on safety breaches, environmental issues, sexual harassment, bullying and health concerns.

9. Shipping Giant Signs Up
Global agricultural goods merchant Louis Dreyfus Company (LDC) has become a member of the Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry. LDC joins other SSI members who are working together
to help create a more environmentally sustainable maritime industry by 2040. As a leading agribusiness company, LDC originates, processes, transports and merchandises a diversified product range around the world annually, helping to feed and clothe up to 500
million people. Sustainability is at the heart of LDC’s operations, encouraging more fuel-efficient vessels.
10. Full Team for P&I
Steamship has launched a new and updated version as an App, “A Team Effort”, which includes not only the film, but also the same extensive index of documents and reference material as on the DVD.The full “Team Effort” film is available on this new App.
The film, designed as a guide to all aspects of P&I claims handling, is aimed at shipowners, Masters and Officers, charterers, brokers, lawyers, surveyors and anyone interested in marine insurance and maritime law. The App contains an extensive index of documents
including accident report forms.

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


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