Seacurus Daily: Top Ten Maritime News Stories 11/04/2018

Seacurus Daily: Top Ten Maritime News Stories 11/04/2018

1. Calls to Clean Up
The global shipping industry is facing calls to follow the example of the car industry and cut its carbon emissions. The IMO’s environment committee is meeting in London this week to
try to agree a global plan for reducing emissions levels. 
Without a clean-up there are warnings that shipping could account for almost a fifth of carbon emissions by 2050. Container
ships use fuel that has 3,500 times more sulphur than car diesel. 
International shipping carries about 90% of world trade but there has been no regulation of carbon emissions. The
IMO will hear a proposal that emissions should be cut by as much as 70% to 100%.
2. Smart and Green Demands
Diane Gilpin, the founder of the Smart Green Shipping Alliance, makes the business case for change as delegates continue to debate shipping’s future at the Marine Environmental Protection Committee in London this week. In
geological time humankind is a relatively young species and we are coming of age. Just as teenagers must learn to stop demanding from family humanity can no longer keep drawing on natural capital with impunity. We can rage all we like against this reality,
and we can try and delay the inevitable but there are some things we simply cannot deny.

3. Huge Spending Spree
In one of container shipping’s longer telegraphed orders, South Korea’s Hyundai Merchant Marine (HMM) has finally officially announced it is proceeding with an order for twelve 20,000+ teu ships and eight 14,000 teu ships,
which will more than double its fleet size when they all deliver in 2020. The larger ships will be deployed on Asia-North Europe trades, while the 14,000 teu vessels will work the transpacific. 
HMM has sent out a request
for proposal (RFP) to shipbuilding companies for the ships that will feature either scrubbers or LNG propulsion. Splash has been reporting on this impending order all year.

4. Armed Attack Surge
A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce’s International Maritime Bureau (IMB). IMB’s
Piracy Reporting Centre recorded 66 incidents in the first quarter of 2018, up from 43 for the same period in 2017, and 37 in Q1 2016.

5. Ballast Water Action
After over 20 years of research and negotiations, the IMO and the U.S. Coast Guard (USCG) are starting to implement and enforce ballast water regulations. Based on the phase-in schedule, between now and 2024 about 60,000 ships
will need to spend an average of $1 million to $2 million each to purchase and install ballast water management systems (BWMS). This is resulting in eye popping predictions about enormous growth in global BWMS markets to well over $100 billion. One report
projects these markets “will grow at a compound annual rate of 39.4% starting in 2018 and reach $395.65 billion by 2026.”


6. Ukraine Ship Detentions
Ukraine’s prosecutor general’s office announced Tuesday that it has arrested a Russian dredger on charges of illegal sand removal. The vessel is the second Russian ship in a month to be arrested in connection with the dispute
over the control of Crimea.  According to Russian state media outlet TASS, the Ukrainian prosecutor for the Crimean region filed a motion to arrest a Russian-owned ship at Yuzhny, a Ukrainian port near Odessa. The vessel was
allegedly involved in extracting sand in Karkinit Bay for use in what the prosecutor described as "illegal construction" near Kerch, Crimea.
7. Wave of Digitisation
Global ocean shipping e-commerce portal, information and service provider INTTRA has written on the effects it will have on the industry. “Digitalization is impacting every industry and ocean
container shipping is no different,” the company asserts. 
They further suggested that as the latest trends drive organizations to focus on smart, technology-driven management to reduce expenses and increase efficiency,
Artificial Intelligence (AI) and Machine Learning (ML), as well as the Internet of Things (IoT) and blockchain have become the most talked about transformative and disruptive technologies.
8. Huge Leap for Sat Firm
Mobile tech innovator KVH Industries, Inc. continued its #1 leadership position in the maritime VSAT market based on total number of units fielded, and increased its market share, according to a newly released report by Euroconsult. “Prospects for Maritime
Satellite Communications, 6th Edition” reports that KVH’s share of the industry’s fielded VSAT terminals is 31.2%, up from 26% in the previous report four years ago. In the new analysis, KVH’s market share in terms of number of VSAT terminals was reported
to be nearly double that of its next closest competitor, as of the end of 2017.
9. Remote Control Cranes
The Port of Felixstowe has taken delivery of its first two remote control ship-to-shore (STS) gantry cranes. The two new cranes, the 32nd and 33rd at the UK’s largest container port, were delivered on the Zhen Hua 23 from
ZPMC in Shanghai. 
Commenting on the new cranes, Clemence Cheng, CEO of the Port of Felixstowe and Executive Director, Hutchison Ports, said: "These new cranes are the latest acquisition
in our ongoing investment programme to provide the best equipment, infrastructure and systems for our customers. They will further enhance our capability to work multiple mega-vessels simultaneously.
10. Predicting Human Errors
Human error is cited as the cause of 80% of maritime accidents, including during the maintenance of marine systems, and new methodologies are set to address the issue. The tools developed include a means to accurately estimate the probability for human
error during routine maintenance.  In order to estimate a Human Error Probability value, the level of a seafarers training is ranked from 1 to 9; fatigue level and experience with undertaking the task are also ranked. The three
rankings are then used to obtain the value from a graph derived from the new research.

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