Seacurus Daily: Top Ten Maritime News Stories 26/01/2018




Seacurus Daily: Top Ten Maritime News Stories 26/01/2018

1. Container Ship in Collision
According to Peruvian reports, the container vessel "Jamila" has collided with a fishing vessel which left Paita port, Peru, without authorization, with unknown number of people on board. At least three reported dead, SAR is under way.
As of 0500 UTC Jan 26, "Jamila" was already back in port, where an investigation will be carried out. After the accident, the ship remained on the collision site and according to AIS track was actively engaged in SAR.
https://goo.gl/MUxjYJ
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2. Box Building Success
The Philippines has celebrated another step towards the elite of shipbuilding with the delivery of its first 20,000 teu class box ship. The 400 m long, 20,600 teu CMA CGM Antoine de Saint Exupery was built at Hanjin Heavy
Industries and Construction yard in Subic Bay in the north of the Philippines (HHIC-Phil) and is the largest ship ever built in the archipelago. 
The ship is the first of three 20,600 teu boxships that HHIC-Phil is building
for the company.
https://goo.gl/jGDLRT
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3. Baltic on a Surge
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday on higher rates for capesizes and panamax vessels. The overall index, which factors in rates for capesize,
panamax, supramax and handysize shipping vessels, was up 17 points, or 1.42 percent, at 1,217 points. 
The capesize index gained 76 points, or 4.53 percent, at 1,752 points.
https://goo.gl/ea1SLU
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4. Consolidating the Market
Consolidation in the Greek shipowning community and the growth of its fleet in carrying capacity terms is accelerating at its fastest pace in two decades. The consolidation within the community is being led by the cluster’s
smaller companies while the growth is being spearheaded by its largest groups. The consolidation saw 6.43% fewer companies in 2017, though there were 11 newcomers, according to Petrofin Research
.
https://goo.gl/5aSVWb
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5. Online Vessel Pricing
Maritime Strategies International is set to give online pricing portal VesselsValue a run for its money with significant upgrades to its own online valuations service. MSI has unveiled significant upgrades to its Forecast
Marine eValuator (FMV), its unique online asset valuation and forecasting service. An Indicative Value Range (IVR) provides detailed forecasts for marine and offshore asset values, earnings and operating costs.
https://goo.gl/sTHtrd
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6. Tanker Scrapping Rise
Analysts at Alphatanker are predicting a protracted period of tanker scrapping brought around by a mixture of poor rates and the changing regulatory environment. Alphaltanker recorded a total of 74 tankers being scrapped
last year. In its latest weekly report, it anticipates 94 tankers to be recycled in 2018, noting that 16 have already been torched in the first three weeks already.
https://goo.gl/4JULNv
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7. The Shady Fuel Triangle
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery is shining a spotlight on an illegal trade worth tens
of billions of dollars worldwide. Working routes in a triangle of sea anchored by Thailand, Vietnam and Singapore and Malaysia, the smugglers take advantage of a difficult-to-patrol sea and enticing black market prices.
https://goo.gl/ig2AXS
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8. Joining Forces for Investigation
The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed an agreement to jointly investigate a collision in the East China Sea that caused the worst oil ship disaster in decades, according to China’s Ministry of Transport. Investigation
work will be organised by a joint team composed of representatives of all four signatories to the agreement, a brief statement from the ministry said.
https://goo.gl/fn5tfc
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9. French Port Blockade
French fishermen blockaded Calais on Thursday, halting shipping movements at France’s busiest passenger port, in protest at losses inflicted by the practice of electric pulse fishing. A
small flotilla of fishing vessels set out at dawn from Boulogne and others were expected to join from Dunkirk, said fisherman Stephane Pinto. 
"The Port of Calais is closed due to French fisherman blockade. Currently no
ship movements in the port," P&O Ferries Freight said on Twitter.
https://goo.gl/EAUKPv
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10. Industry View on Autonomy
A new survey has found that while the vast majority believe the research into autonomous shipping was valuable, most believed the unmanned vessel was some way off. As smart shipping becomes a reality the topic of autonomous
shipping has been the most emotive issue, effectively replacing seafaring as a profession after thousands years. 
There are a slew of autonomous shipping projects being undertaken that could make the unmanned ship a reality.
https://goo.gl/NPtMQi
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Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions 
www.seacurus.com

 

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S Jones
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