Seacurus Daily: Top Ten Maritime News Stories 05/06/2018
1. Posidonia Opens With Bang
Greek prime minister Alexis Tsipras has opened the Posidonia exhibition, which this year celebrates its 50th anniversary. Despite the firepower that having a prime minister officiate at a shipping show, the thunder came from
a familiar source at the opening ceremony with the head of the Greek shipowners association in typically fiery form. Theodore Veniamis, president of the Union of Greek Shipowners, used his speech in front of assorted regulators,
to hit out at how he felt shipping was picked upon more than other industries to clean up its act.
a familiar source at the opening ceremony with the head of the Greek shipowners association in typically fiery form. Theodore Veniamis, president of the Union of Greek Shipowners, used his speech in front of assorted regulators,
to hit out at how he felt shipping was picked upon more than other industries to clean up its act.
https://bit.ly/2sBsJ2u
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2. Growing Connectivity Demand
The Mission to Seafarers yesterday published the latest of its ongoing Seafarer Happiness Index reports, which revealed a growing link between onboard connectivity and seafarer happiness levels. A key finding of the report
was the issue of contact with family and loved ones, with seafarers showing an overwhelming need for better internet access that allows them to keep in touch with those back home. The report showed a stark divide between seafarers working on ships where internet
access was available, who registered much higher happiness levels, and those working on ships with limited or no access.
was the issue of contact with family and loved ones, with seafarers showing an overwhelming need for better internet access that allows them to keep in touch with those back home. The report showed a stark divide between seafarers working on ships where internet
access was available, who registered much higher happiness levels, and those working on ships with limited or no access.
https://bit.ly/2M0CuQK
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3. Owners Looking to Cash In
The sulphur cap presents the capesize market with a once in a lifetime opportunity to cash in, delegates attending Capital Links Athens conference were told this morning. A high calibre
line up of big name dry bulk owners all agreed that the case was clear for slow steaming come the January 1, 2020 start of IMOs global sulphur cap. Stamatis Tsantianis, CEO, Seanergy Maritime Holdings, claimed: 2020
will be one of the best things to hit shipping for 20 years. He predicted that once the spread between MGO and HSFO widens, the natural reaction among shipowners will be to slow their ships down.
line up of big name dry bulk owners all agreed that the case was clear for slow steaming come the January 1, 2020 start of IMOs global sulphur cap. Stamatis Tsantianis, CEO, Seanergy Maritime Holdings, claimed: 2020
will be one of the best things to hit shipping for 20 years. He predicted that once the spread between MGO and HSFO widens, the natural reaction among shipowners will be to slow their ships down.
https://bit.ly/2sEC8Xd
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4. French MSC Investigation
French President Emmanuel Macrons chief of staff Alexis Kohler is under investigation for his dealings with MSC Mediterranean Shipping Co. when he was working for the previous government before being head-hunted to became the Geneva-based firms chief
financial officer in 2016. Frances financial prosecutor, known as the Parquet National Financier, said on Monday it opened the probe following news reports alleging that he worked on files that were of direct interest to MSC
before being hired by the company.
financial officer in 2016. Frances financial prosecutor, known as the Parquet National Financier, said on Monday it opened the probe following news reports alleging that he worked on files that were of direct interest to MSC
before being hired by the company.
https://bit.ly/2HlbLKY
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5. Dangerous Trade Brinksmanship
The Trump administration is pushing to greatly expand exports of crude oil and other domestic energy products to China, but tariff threats and disputes could ultimately hinder energy trade flows across the Pacific. "From
the U.S. side, I don’t see any benefit to letting this trade tension spoil the bilateral energy trade," said Jane Nakano, a senior fellow with the energy and national security program at the Center for Strategic and International Studies. "But
for the Chinese side, if they do want to send a signal that they’re not quite happy…they might try to restrain the volumes that they would have otherwise imported from the U.S."
the U.S. side, I don’t see any benefit to letting this trade tension spoil the bilateral energy trade," said Jane Nakano, a senior fellow with the energy and national security program at the Center for Strategic and International Studies. "But
for the Chinese side, if they do want to send a signal that they’re not quite happy…they might try to restrain the volumes that they would have otherwise imported from the U.S."
https://bit.ly/2JthLqo
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6. Toisa Sale Ends
The Toisa fleet sale is nearing completion, ending one of the most reported court sales in shipping history. The 20-ship sell off also likely brings an end to the colourful 50-year shipping career of Greek national, Gregory Callimanopulos. The sale of
his 13 tankers and seven bulkers was kicked off by a New York bankruptcy court at the start of April. Interestingly all ships are linked to traditional Greek owners. Diamanti Diamantides Marmaras was linked to the first two
bulkers, with Delta Tankers, another Diamantides company, also taking one tanker and Avin International in on the act as well.
his 13 tankers and seven bulkers was kicked off by a New York bankruptcy court at the start of April. Interestingly all ships are linked to traditional Greek owners. Diamanti Diamantides Marmaras was linked to the first two
bulkers, with Delta Tankers, another Diamantides company, also taking one tanker and Avin International in on the act as well.
https://bit.ly/2xJpGej
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7. No Place Like Dome
KVH Industries has announced that BW Group has chosen KVHs connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BWs fleet that have had KVHs VSAT
systems and services since 2013. We chose KVH because of their commitment to excellence, the ease of working with a sole provider, and the cost advantages that we can achieve with fast, reliable connectivity and global coverage,
says Tor-Egil Gjulem, BW Groups global head of procurement. Connectivity is the key to digitalization of many maritime operational functions.
systems and services since 2013. We chose KVH because of their commitment to excellence, the ease of working with a sole provider, and the cost advantages that we can achieve with fast, reliable connectivity and global coverage,
says Tor-Egil Gjulem, BW Groups global head of procurement. Connectivity is the key to digitalization of many maritime operational functions.
https://bit.ly/2HjTDkM
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8. Nigerian Attacks Persist
Nigerias oil wells may be flowing again, but the countrys largest operator says attacks continue to put a brake on output. Security in parts of the Niger delta remains a major concern with persisting incidents of criminality,
kidnapping and vandalism as well as onshore and offshore piracy, said Igo Weli, general manager for external relations at Royal Dutch Shell Plcs local unit. The warning underlines the enduring threat of attacks even as production recovers from a major militant
campaign in 2016. Shell declared force majeure on Bonny Light crude shipments last month following pipeline leaks.
kidnapping and vandalism as well as onshore and offshore piracy, said Igo Weli, general manager for external relations at Royal Dutch Shell Plcs local unit. The warning underlines the enduring threat of attacks even as production recovers from a major militant
campaign in 2016. Shell declared force majeure on Bonny Light crude shipments last month following pipeline leaks.
https://bit.ly/2xJqP5B
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9. Insane Fire Rescue Video
On the morning of September 6, 2016, Houston harbor pilots Michael McGee and Michael Phillips found themselves surrounded by towering walls of flames after the tanker they were piloting, the MT Aframax River, lost propulsion and struck two mooring dolphins
on the Houston Ship Channel. The allision punctured the tankers hull plating, causing the release of about 88,000 gallons of low-sulfur marine gas oil which suddenly ignited in a massive fire ball. Despite
the danger, the pilots remained on the bridge and managed to maneuver the vessel away from facilities and other ships in the area while coordinating with first responders. https://bit.ly/2xHwOrH
on the Houston Ship Channel. The allision punctured the tankers hull plating, causing the release of about 88,000 gallons of low-sulfur marine gas oil which suddenly ignited in a massive fire ball. Despite
the danger, the pilots remained on the bridge and managed to maneuver the vessel away from facilities and other ships in the area while coordinating with first responders. https://bit.ly/2xHwOrH
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10. CMA CGM Investing in AI
CMA CGM is collaborating with a San Francisco-based startup, Shone, to embed artificial intelligence on board its ships. CMA CGM is allowing Shone to take onboard data and analyze it at the startups headquarters with the
aim of facilitating ship navigation by providing crews with decision support on maritime safety and piloting. As part of a security and anti-collision alert system, Shone fuses data from multiple sensors (radar, camera, AIS, etc.) to increase detection accuracy,
thus preventing potential collisions, taking into account COLREGs.
aim of facilitating ship navigation by providing crews with decision support on maritime safety and piloting. As part of a security and anti-collision alert system, Shone fuses data from multiple sensors (radar, camera, AIS, etc.) to increase detection accuracy,
thus preventing potential collisions, taking into account COLREGs.
https://bit.ly/2kQrn0u
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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,
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London EC3V 0BT,
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