Seacurus Daily: Top Ten Maritime News Stories 25/05/2018




Seacurus Daily: Top Ten Maritime News Stories 25/05/2018

1. Shipping Lender Struggles
Deutsche Bank, Germany’s largest lender, is to cut more than 7,000 jobs globally, with its investment banking business in London likely to be hit. Deutsche said one in four equities sales and trading jobs, which are mainly
located in New York and London, would be axed. The bank’s global headcount is expected to fall from just over 97,000 to well below 90,000. The firm says all regions would be affected.
https://bit.ly/2s5PFay
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2. Autonomous Ship and Port
Kalmar will deliver autonomous equipment, software and services for a unique, fully digitalized container handling solution at the Porsgrunn quayside in Norway for fertilizer company and shipowner Yara. This will mean that all the necessary operations
related to the world’s first autonomous and electric container vessel Yara Birkeland will be conducted in a fully autonomous manner, with zero emissions.
https://bit.ly/2KQyFMt
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3. New Maersk Service
Danish shipping giant Maersk Line is expanding its presence between Europe’s Mediterranean region and Canada to cater for the growing demands on both sides of the Atlantic. The company is introducing a new weekly service that
will be a five-vessel rotation stopping in Salerno and La Spezia (Italy), Fos-sur-Mer (France), Algeciras (Spain), Montreal and Halifax (Canada), and Valencia (Spain).
https://bit.ly/2xcbD0A
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4. Delivering Low Sulphur Promise
Bomin Group, has started delivering Ultra-Low Sulphur Fuel Oil to vessels calling in the busy Amsterdam-Rotterdam-Antwerp (ARA) region, home to two of Europe’s busiest ports. Bomin Group says the ULSFO product has a maximum
sulphur content of just 0.1%, making with MARPOL Annex VI regulations for fuel burned in designated Emissions Control Areas (ECAs), as well as the
IMO 0.5% sulphur limit, which will come into force in 2020.
https://bit.ly/2IIQzAg
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5. Worrying Russian Buildup
Russia has increased its naval activity in international waters close to Norway and its military capabilities are a growing concern, Norway’s navy chief said on Thursday. Norway has an Arctic border with Russia and its economy
is highly reliant on its free access to the seas. 
Rear Admiral Nils Andreas Stensoenes, Chief of the Royal Norwegian Navy, told Reuters it was Russia’s legal right to operate in international waters.
https://bit.ly/2ILJNd9
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6. Zim Still Struggling
Driven by the instability and volatility in the container shipping market, Israel-based carrier Zim Integrated Shipping Services (ZIM) ended the first quarter of 2018 with a widened net loss. The company posted net loss of
USD 34.1 million in Q1 2018, compared to net loss of USD 6.4 million seen in the corresponding period a year earlier.
https://bit.ly/2s5Qv7c
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7. New Nautical Institute President
The newly elected President of The Nautical Institute, Captain Nick Nash FNI FRIN FRGS has pledged to help in its efforts to improve standards of shiphandling and bridge resource management (BRM). Captain Nash is Senior Master
for Carnival Corporation’s 144,000 GRT, 3650 passenger vessel the Royal Princess. He also teaches at the group’s simulator training facility in Amsterdam, where he is a part-time lecturer on BRM and Shiphandling. 
https://bit.ly/2IKRb8y
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8. Hydrography and Technology
The UK Hydrographic Office (UKHO) has appointed Terry Makewell as Chief Technology Officer. Terry has over 20 years’ experience in leadership positions in government, academia and the creative industries, and will be instrumental
in further developing the UKHO as a world-leading centre in the marine domain. This will support the UKHO in delivering its vision of becoming the world-leading marine geospatial information agency and hydrographic office by 2020.
https://bit.ly/2s9WOG6
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9. Doubling Down on Tech
Wärtsilä is utilising its strong in-house capabilities to create further advances in operational efficiency and safety for ship owners and operators. The latest in the company’s drive towards harnessing innovative and creative technologies to build more
sustainable and cost-efficient shipping took place in a successful testing programme onboard the cruise ship ‘Costa Atlantica’, belonging to Carnival’s Costa Crociere fleet. 
https://bit.ly/2xcyvNC
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10. Gas Bunker Expansion
The number of LNG bunkering vessels has grown from one at the beginning of 2017 to six in early 2018, with these numbers expected at least to double by 2020, multi-sector industry coalition SEA\LNG said. Furthermore, it is
forecast that in the next five years 30 LNG bunker vessels could be operating worldwide. T
he bulk LNG infrastructure is largely built, what remains is the last mile, in which the industry is showing a growing appetite to
invest.
https://bit.ly/2KTE0T9
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Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions  www.seacurus.com
S. Jones
Seacurus Ltd
Seacurus Ltd.,
Barbican Group,  
33 Gracechurch Street,
London EC3V 0BT,
UK
www.seacurus.com
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