Seacurus Daily: Top Ten Maritime News Stories 14/05/2018

Seacurus Daily: Top Ten Maritime News Stories 14/05/2018

1. Losses Over a Decade
Industry body Intercargo has released its latest Bulk Carrier Casualty Report providing an analysis of bulk carrier total losses between 2008 to 2017. Between 2008 and 2017 there were
53 total losses of bulk carriers of 10,000 ton deadweight and above with the reported loss of 202 seafarers. However, the organization says casualty records from 1994 to the present day indicates a gradual improvement over the years in terms of numbers of
lives and ships lost.
2. Owner Irked By Class
CIMC Enric, an investment unit of China International Marine Containers (CIMC) has sent an internal notice to all of its affiliate companies ordering them to suspend all business collaborations with British classification society LloydÂ’s Register (LR). The
company claims that it had been treating LR as a strategic partner, however LR had sabotaged the partnership by wrongfully supporting the companyÂ’s competitors. CIMC Enric has asked all affiliate to report the timeframe to suspend business collaborations with
LR for approval.
3. Mapping a Cyber Attack
In the cyber security industry, we are seeing a change in the way that hacks are being performed. A recent set of attacks against critical infrastructure entities, such as oil and gas pipeline operators, utilities and even
some city and state governments reveal new motives and methods. The attackers were not out to steal data but were looking to disrupt services. There are reportedly seven stages to such attacks – and these are Reconnaissance, Weaponization, Delivery, Exploitation,
Installation, Command & control, and Action on objective.

4. 3D Printed Ships
A 3D printed ship has moved a step closer. Shares in New York-listed 3D Systems rocketed on news it has signed a collaboration pact with Huntington Ingalls IndustriesÂ’ Newport News Shipbuilding division to qualify metal additive manufacturing technologies
to build naval warships. Newport News Shipbuilding is the sole designer, builder and refueller of US Navy aircraft carriers and one of two providers of US Navy submarines. Through this collaboration, the yard will move portions
of its manufacturing process from traditional methods to additive, anticipating enhanced production rates of high accuracy parts with reduced waste.
5. Search and Rescue Calls
Intercargo, the dry bulk shipping industry association, has called for greater search and rescue infrastructure in the world. In its latest Bulk Carrier Casualty Report, Intercargo discussed the tragic sinking of the Stellar Daisy VLOC in March last year
which saw 22 crew die. Â“While the Search And Rescue (SAR) efforts in response to this sinking are to be praised, in its aftermath the shipping community should be concerned about the non-availability of sufficient SAR capabilities
in the vicinity of busy shipping lanes around the world and revisit this issue,” Intercargo stated.
6. Amazing Piece of Kit
A nice, cheeky, piece reminding mariners to look out of the window, by introducing the "3-Dimensional Flat Screen Reality Display". This amazing device will assist your bridge crew in the following areas: Piloting
of the vessel, 
Navigation, Collision avoidance, Watchkeeping, and Weather observations. Amazingly,
the 3-Dimensional Flat Screen Reality Display (3D FSRD) can do all this with no external sources of power, no additional computing power, and it permits input from a wide variety of sensors!  No retrofit is required for the majority of vessels, and additional
units are already staged worldwide.
7. Mega Gas Battle
Off the coast of Western Australia, a battle between mega giants is unfolding. The combatants involve the worldÂ’s biggest semi-submersible platform, the longest sub-sea pipeline in the southern hemisphere, and the largest floating facility ever built. TheyÂ’re
all there for the same reason: natural gas – and theyÂ’re hoping to start drawing it up this month. 
As several countries begin to move away from coal as an energy resource, this alternative fossil fuel, which produces 50%
less carbon dioxide for every unit of energy generated, is increasingly in demand in our energy hungry world.
8. Skuld Performing Well
Skuld announces a positive bottom line result of USD 58 million for its 2017 financial year ending 20 February 2018, as well as a total combined ratio of 97%. Gross earned premium in 2017 amounted to USD 413 million. For
a record 15th consecutive year Skuld has reported a positive underwriting result. Added to that was a strong 7% return on investments. The Club will p
ropose to the AGM a membersÂ’ premium credit to all mutual members and
launch its membersÂ’ performance bonus. This bonus rewards members of more than 12 months who have premium contributions exceeding own cost of claims.

9. Explosion Rocks Ship
An explosion has damaged a Turkish vessel carrying wheat to YemenÂ’s Houthi-controlled port of Saleef, with varying accounts attributing the incident on Thursday to an unexplained blast aboard the ship or a possible missile strike. A
naval ship of a Saudi-led military coalition received a call from the captain of the vessel, the Ince Inebolu, who reported an opening had appeared in the middle of the ship on the left side, a spokesman for the alliance said. 
forces conducted a survey of the incident and visited the ship and found an explosion from the inside to the outside,” the spokesman said in a statement.

10. Assessing Sanctions Impact
The worldÂ’s top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran. The 2015 agreement, worked out
by the United States, five other world powers and Iran, lifted sanctions on Tehran in exchange for limits to its nuclear program. 
U.S. President Donald Trump also instructed his administration to re-impose U.S. sanctions
after a winding down period.
Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions
S. Jones
Seacurus Ltd
Seacurus Ltd.,
Barbican Group,  
33 Gracechurch Street,
London EC3V 0BT,
This communication is from the Barbican Insurance Group of companies. This email (and any attachment) is intended only for the attention of the addressee and may contain legally privileged and/or confidential information. Its unauthorised use, disclosure,
storage or copying is not permitted. If you are not the intended recipient, please permanently delete the original, destroy all copies and inform the sender by return email. An email reply to this address may be subject to interception or monitoring for operational
reasons or for lawful business practices. Seacurus Ltd is authorised and regulated by the Financial Conduct Authority. Registered Office: Suite 3, Level 3, Baltic Place West, South Shore Road, Gateshead, Tyne and Wear, NE8 3BA. Registered in England and Wales
(company no. 05201529)


This email has been scanned by the Symantec Email service.

For more information please visit



Leave a reply

©2024 InterManager - Promoting Excellence In Ship Management

Log in with your credentials

Forgot your details?