Seacurus Daily: Top Ten Maritime News Stories 21/06/2018




Seacurus Daily: Top Ten Maritime News Stories 21/06/2018

1. Latest Flag Performance Data
The Paris MoU has approved its 2017 port state control inspection results for 2017 and adopted its new “White, Grey, and Black” performance lists for flag states and Recognized Organizations (ROs). The
Paris MoU’s annual “White, Grey and Black (WGB) List” ranks flag states from best to worst, from flags with a high performance (White) to flags with poor performance that are considered high or very high risk (Black). The List is based on the total number
of inspections and detentions over a 3-year rolling period for flags with at least 30 inspections in the period.
https://bit.ly/2tcDYzk
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2. Calls for IMO Change
The Liberian Registry has backed an Australian initiative calling on the International Maritime Organization (IMO) to reconsider transparency and the role of industry bodies in the organisation. Liberia is the largest flag
state to support the push by Australia, which will lead to a submission to the IMO Council meeting in July calling into question the existing role of the IMO Council and the IMO Assembly, and seeking to facilitate greater transparency and the wider representation
of maritime interests in the IMO.
https://bit.ly/2teA9df
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3. CMA CGM Swoops
CMA CGM has reached an agreement with Finland’s Container Finance to acquire containership owner and logistics firm Containerships. CMA CGM will also pick up Container Finance’s holdings
in Multi-Link Terminals Ltd and CD Holding. 
Containerships owns a fleet of 15 vessels, with four more set for deliver over the next six months, and is active in the intra-European market offering logistics solutions by
ship, truck, rail and barges.
https://bit.ly/2yultLZ
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4. Short Selling Accusations
US Commerce Secretary Wilbur Ross denied that he engaged in insider trading when he short sold stock of a shipping company a few days before news organisations revealed it was linked to close associates of Vladimir Putin. Ross,
who wasn’t required to divest his holdings in shipping companies, shorted stock in Navigator Holdings, a day after a reporter from the New York Times contacted him seeking comment about his stake in the company and its dealings with a Russian energy firm.
The transaction was worth between $100,000 and $250,000, according to disclosure forms Ross filed with the Office of Government Ethics.
https://bit.ly/2llx3zF
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5. UK Needs BREXIT Clarity
The UK needs to urgently clarify how trade with the EU will work after Brexit, and the world’s fifth-largest economy should remain in the customs union unless there is a proper alternative, the boss of Siemens UK said. With
only nine months left until the United Kingdom is due to leave the EU, little is yet clear about how trade will flow as Prime Minister Theresa May, who is grappling with a rebellion in her party, is still trying to strike a deal with the bloc. 
“My
biggest worry about Brexit is that I don’t know what we are planning for,” Juergen Maier, 54, the UK CEO of German engineering giant Siemens told Reuters in an interview.
https://bit.ly/2llwCW3
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6. Navy Drops Charges
The US Navy is dropping a charge of negligent homicide against the commanding officer of the USS Fitzgerald over the destroyer’s collision with a container ship off southern Japan in June of 2017. Commander Bryce Benson was
in his sleeping quarters when the Philippine vessel ACX Crystal broadsided the 505-foot destroyer off of Yokosuka, leaving seven of the Fitzgerald’s crew dead. 
Commander Benson still faces court martial on two lesser charges
of hazarding a vessel and dereliction of duty resulting in death. A date for the court martial has not been announced.
https://bit.ly/2yE948z
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7. Vessels Shunted Alongside
A newcastlemax bulker operated by Taiwan’s China Steel Corporation collided with an Evergreen containership at Kaohsiung port. Video footage of the incident shows the 206,600 dwt China Steel Innovator hit the 8,452 teu Ever
Laden, which was berthed at the port, while manoeuvring. 
The ore carrier dropped both anchors in an attempt to avoid the collision and a tugboat was also trying to stop the vessel, however the vessel couldn’t be stopped
in time. 
Both vessels and the tugboat suffered damage, although no casualities were reported in the incident.
https://bit.ly/2I9xVAl
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8. Gangway Pilot Death
Captain Robert Louis Adams, 65, a senior pilot with the Aransas-Corpus Christi Pilots Association, lost his life while boarding a vessel. According to local media, a gangway collapsed as Adams and another individual were
coming aboard a docked vessel on the La Quinta Channel. The gangway failure cause both men to fall 20 feet into the water. It took good samaritan responders 45 minutes to reach Adams, and he was unconscious when he was brought ashore. 
The Coast Guard is reportedly investigating whether the gangway was properly fastened prior to the accident.
https://bit.ly/2I7DEXB
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9. Happe to Make Maersk Happy
AP Moller-Maersk has appointed a new cfo Carolina Dybeck Happe who joins the Danish shipping giant from door opening solutions company Assa Abloy. Maersk said that Happe would join Maersk by 1 January 2019 at the latest and
also become a member of the company’s board. 
She will replace Jakob Stausholm, chief finance, strategy and transformation officer and a director of Maersk, who stepped down at the end of March. Maersk took the decision
to divide the role into single finance function and functions focused on IT, strategy, digital and transformation.
https://bit.ly/2lkFOKq
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10. Singapore Safety Strides
Singapore is continuing to invest in navigational safety in the waters of one of the world’s busiest ports as it sees a significant drop in major incidents over the last decade. Lam Pin Min, Singapore Senior Minister of State
for Transport said that safety of sea was a critical area of focus for the country with 830,000 vessel movements last year.
“Despite the heavy traffic, the number of major incidents has dropped over the last ten years,
from about one incident per 100,000 vessel movements in 2008 to less than 1.3 last year,” he said. A definition of a “major incident” was not provided.
https://bit.ly/2K4xwEx
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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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