Seacurus Daily: Top Ten Maritime News Stories 13/02/2018

Seacurus Daily: Top Ten Maritime News Stories 13/02/2018

1. Brawlers Halt Cruise
The P & O Cruises vessel Pacific Explorer had to return to harbor at Sydney, Australia on Sunday to offload seven passengers after a bachelor party turned into a brawl. P & O asked the police to remove the disorderly customers, and officers charged one
of the individuals with "reckless wounding," a serious assault charge.  The charging documents allege that 37-year-old Tatiana Baladina struck a 21-year-old man in the head with an empty wine bottle, causing lacerations. The
other six individuals were not charged, but they are no longer welcome on board a P & O vessel, the company said in a statement.
2. Bibby Stepping Down
Sir Michael Bibby is stepping down from his family firm, Bibby Line Group, with a global search now on to find a new managing director this year. Bibby, 54, joined the company in 1992, becoming group managing director eight
years later. He will stay on the board as a non-executive director. 
The group issued a statement: “Sir Michael will continue in his post until the new CEO has been selected, a process which we expect to be completed by
the end of 2018. The Group will continue to benefit from his wealth of knowledge, expertise and experience in the longer term, alongside our other non-executive directors.

3. Autonomous Test Area
China has started the construction of a test-bed for autonomous ships in Zhuhai, Guangdong.  The test-bed, around 770 square kilometers (300 square miles), is expected to be the country’s
main base for research into autonomous ship technology, including obstacle avoidance technology, over the coming three to five years. The project is being undertaken by the Zhuhai government, China Classification Society (CCS), Wuhan University of Technology
and Zhuhai Yunzhou Intelligence Technology.

4. Greeks Still Confident
Union of Greek Shipowners leader, Theodore Veniamis is confident, “2018 looks like being a year in which all shipping sectors will be able to return to growth and profitability”.  He also believes Greece’s confrontation with
the European Union with respect to the institutional and constitutional legal framework of Greek shipping is close to ending. 
Addressing the UGS agm in Athens he was referring to the EU’s efforts too have Greece overhaul
the country’s shipping taxation by restricting tonnage tax to pure-play shipping companies and by abolishing shipowners’ exemption from dividend and inheritance taxes.

5. Bourbon Sheds Old Ships
French offshore giant Bourbon is accelerating its transformation plans, announcing a new strategic action plan called #BOURBONINMOTION, which it says will help it meet customer demands and improve competitiveness. The plan’s
priorities will see the company reorganise activities into three divisions: Bourbon Marine & Logistics, Bourbon Subsea Services and Bourbon Mobility. Each division will have its own management team to implement individual strategies. The c
plans to capitalise on the digital revolution with a smart shipping programme to connect 132 modern supply vessels.
6. Ballast Tests Under Stress
Ballast water testing industry group GlobalTestNet has issued a statement after concerns were raised as a result of the recent closure of two test facility members, the Maritime Environment Resource Center (MERC) and DHI Singapore.  Concerns
have been raised around whether there is still adequate capacity to process certification tests for ballast water treatment systems in a timely manner and whether the testing protocols are adequately robust.
7. Big Fines for Operators
EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of
the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition
regulators around the world have penalised a number of shippers in recent years for fixing prices and dividing the markets.
8. Trade Data Reveals Boom
China’s latest trade data may be underscoring why iron ore and coking coal prices are currently supported well above longer-term analyst price estimates, as steel industry measures inject some optimism for miners. China,
which imported a record 1.07 billion mt of iron ore in 2017, in January hauled in 100 million mt, up 9.1% on a year earlier. 
On Friday, Platts IODEX 62% Fe fines was assessed at $76.55/dmt CFR, compared to a 2018 Macquire
forecast of $66/dmt, which was revised up in January from an earlier $54/dmt. China’s persistently high steel capacity utilisation rate should keep quality differentials wide.

9. Digitalisation Eroding Skills
There are a few prominent figures in shipping who see the digital transformation as the next big revolution in the industry. The topic is dominating the maritime press, albeit often confusing digital transformation with blockchain.
Everyone talks about this digital transformation, but no one appears entirely sure on what it really means. Is it unification of all transactions under one digital currency? Is it autonomous ships? It could be all of the above, but could be none. 
will it improve our industry for quality is the first, that is the concern of one expert.
10. Certificates in the Blockchain
Classification society DNV GL plans to put all its maritime certificates on block chain increasing transparency. DNV GL is already transferring maritime certificates to an electronic format and the move to block chain is
expected to follow. 
“We’re not there but it is something we are planning to do. We have all class certificates ready to go electronic and we have done 50,000 certificates now, and the next thing will be to do it with block
chain,” DNV GL ceo Remi Erikson told the media.
Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions
S. Jones
Seacurus Ltd
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