Seacurus Daily: Top Ten Maritime News Stories 06/08/2018




Seacurus Daily: Top Ten Maritime News Stories 06/08/2018

1. Off Spec Fuel Suit
Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking relief from damages incurred through the bunkering of off-spec fuel oil
in 2016. 
The suit, states UASC entered into contract with WFS for delivery of 3,500-4,200t of high-sulphur 380cst bunker fuel to containership UASC JILFAR in Russia. UASC alleges that the fuel, provided by WFS on or about
28 September, failed to meet ISO quality specifications and that the shipowner was forced to debunker the fuel at its own expense to prevent damage to the vessel’s systems.
http://bit.ly/2vFHJ0F
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2. Box Line Tackles Red Tape
New Japanese containerline Ocean Network Express (ONE) has criticised Malaysia’s ports set up for the huge amount of red tape in the Southeast Asian country. “I have told the minister to harmonise port terminal operations
in Malaysia,” Justin Chuo, ONE’s managing director in Malaysia, told reporters on Thursday, referring to Minister of Transport Anthony Loke. 
Loke has responded, saying he will look into the matter. There
are seven major ports in Malaysia, each run by a different authority.
http://bit.ly/2AFL0Tw
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3.  Fire onboard VLCC
The 2002-built VLCC Front Hakata, owned by John Fredriksen’s Ship Finance International, caught fire off the coast of Chiba, Japan on Sunday. The fire started in the engine room of the
tanker, which was carrying full load of crude oil from Saudi Arabia and waiting for berthing at Chiba. 
Maritime Safety Agency of Japan sent a firefighting team and managed to put out the fire in about four hours. No causalities
or oil spill were reported in the incident. 
Currently the vessel is under towing and the latest AIS information shows the vessel’s status as “not under command”.
http://bit.ly/2MmpQv6
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4. Making Things Matters
President Xi Jinping’s “Made in China 2025” strategy, unveiled in 2015 and now thrust back into the limelight by President Trump’s bellicose stance on trade, holds three important lesson for global industry. First: making
things matters; the future of making things matters even more, a
nd thirdly, it’s what you make that matters We have become fascinated with the idea that “software is eating the
world”. Software is driving the world, but the world is still largely a physical machine; the value lies in the intermeshing of digital and physical. Obviously "made" things need shipping to their markets, so it all matters.
http://bit.ly/2M13nH0
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5. Drunken Master Grounds Ship
A cargo ship which ran aground off Helsingborg, Sweden has been refloated with no pollution reported. The vessel, loaded with 5,000 tonnes of wheat, was headed for the port when it grounded on Friday night. Prior
to the grounding, vessel traffic services had tried to alert the Master that this ship was on the wrong course, but to no avail. A tugboat also attempted to stop the vessel but was also unsuccessful and the ship ran aground on a sand bank. 
The
Coast Guard conducted a sobriety test on the Master and subsequently handed the case over to the police on suspicion that he was under the influence.
http://bit.ly/2vGwipP
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6. Auto Mooring Plans
A group of Japanese organisations including shipping major Mitsui OSK Lines (MOL) are pushing ahead with a project to develop auto berthing technology with funding coming from the Japanese government. The Japanese government
has allocated significant funding towards developing autonomous vessels and this auto berthing project is one further step in this direction. Tokyo has publically stated it wants autonomous vessels to be in full operation by 2025. 
MOL
stated: “automated and autonomous operations of vessels can significantly reduce human errors.”
http://bit.ly/2OfsEL4
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7. Saudi Shipments Restart
Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb. Saudi Arabia halted temporarily oil shipments through the lane on July 25 after
attacks on two oil tankers by Yemen’s Iran-aligned Houthi movement. 
A statement by the Energy Ministry said shipments had resumed on Saturday.
http://bit.ly/2LTJuCo
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8. No Deal Headaches
Bank of England Governor Mark Carney said on Friday Britain faces an “uncomfortably high” risk of leaving the European Union with no deal, comments that drove sterling to an 11-day low against the dollar. With less than eight
months until Britain quits the EU, the government has yet to agree a divorce deal with Brussels and has stepped up planning for the possibility of leaving the bloc without any formal agreement. 
“I think the possibility
of a no deal is uncomfortably high at this point,” Carney said in an interview with BBC radio.
http://bit.ly/2nfSpQ1
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9. BIMCO and Owners Alignment
Bimco and the European Community Shipowners Association (ECSA), the two leading associations representing shipowners globally and in Europe respectively, are looking at ways they can tighten their cooperation. Both bodies
are currently led by Greeks who are keen to expand the areas of cooperation and the further alignment between them in a bid to give shipping a united voice. Ways of doing this have been under discussion for sometime and topped the agenda when Bimco president,
Anastasios Papagiannopoulos and ECSA president, Panos Laskarides met in Athens recently.
http://bit.ly/2M4DBla
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10. Indian Seafaring Resurgence
The central Indian government is pushing for reforms in training of maritime personnel, in greening the shipping industry and in preparing for a blue economy. The government has also conducted research which has confirmed the nation has leapt back up the
charts when it comes to providing seafarers for the global shipping industry. According to the Indian Director General Shipping, ‘In maritime manpower, we have overtaken China and Indonesia’. Changes to training documentation and access to training seem to
be making a large difference.
http://bit.ly/2OfYuYc
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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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