Seacurus Daily: Top Ten Maritime News Stories 30/08/2018
1. Hull Losses Low
Hull losses recorded in the first half of the year stood at their lowest level since 1996, according to The Nordic Association of Marine Insurers (Cefor). Major claims impact continued
to be low in the first half of 2018, despite one grounding with a cost of USD 25 million in the first quarter of the year. The overall claims frequency continued its positive trend and stabilized at a relatively low level. Cefor
said that, although it is too early to conclude for the whole year 2018, the general trend over the last eight years has been a stabilization of the total loss frequency at low levels, with some oscillation between 0.05% and 0.10%.
to be low in the first half of 2018, despite one grounding with a cost of USD 25 million in the first quarter of the year. The overall claims frequency continued its positive trend and stabilized at a relatively low level. Cefor
said that, although it is too early to conclude for the whole year 2018, the general trend over the last eight years has been a stabilization of the total loss frequency at low levels, with some oscillation between 0.05% and 0.10%.
http://bit.ly/2PiIFAy
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2. Shellfish War At Sea
What caused the scallop war in the English Channel? French and British fishermen clash over rights to harvest the prized molluscs. In the early hours of Tuesday, fighting broke out between French and British fishermen about
12 nautical miles off the French coast, as seamen allegedly hurled rocks, smoke bombs and other projectiles at their adversaries. The British boats were reportedly outnumbered seven-to-one by French vessels.
12 nautical miles off the French coast, as seamen allegedly hurled rocks, smoke bombs and other projectiles at their adversaries. The British boats were reportedly outnumbered seven-to-one by French vessels.
https://on.ft.com/2N2O1Cl
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3. Cruise Terminal Beckons
Work on the next phase of Liverpools new £50m cruise terminal will begin in October after Liverpool City Region Combined Authority approved £20m for the project. The cash will come from
the authoritys Single Investment Fund and will allow the project, that will enable the worlds largest cruise ships to dock at Liverpool and create 500 new jobs, to move forward. The first phase of construction on the
new terminal started in May this year, as site investigations were undertaken to understand the geology of the bedrock on which the new terminal complex will be constructed.
the authoritys Single Investment Fund and will allow the project, that will enable the worlds largest cruise ships to dock at Liverpool and create 500 new jobs, to move forward. The first phase of construction on the
new terminal started in May this year, as site investigations were undertaken to understand the geology of the bedrock on which the new terminal complex will be constructed.
http://bit.ly/2N6Z1ik
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4. Crew in Legal Limbo
Owners, managers and insurers are exasperated that one year on, the Royal Arsenal and its crew remain under detention at Umm Qasr, Iraq, following a collision with a vessel owned and operated by the General Company Ports of Iraq (GCPI) causing 21 fatalities. Despite
concerted and repeated efforts, the GCPI and the families of the deceased crewmembers, very little progress has been achieved, and the vessel remains at Umm Qasr. No quantified claims have been filed at court, even 12 months after the incident, so it has not
been possible for security for the claims to be provided to enable the ship and crew to leave.
concerted and repeated efforts, the GCPI and the families of the deceased crewmembers, very little progress has been achieved, and the vessel remains at Umm Qasr. No quantified claims have been filed at court, even 12 months after the incident, so it has not
been possible for security for the claims to be provided to enable the ship and crew to leave.
http://bit.ly/2omwQh2
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5. Ice Challenge for Insurers
The change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination; but more infrastructure support is required to facilitate the provision of adequate insurance, says the International Union of Maritime
Insurance (IUMI). Helle Hammer, IUMIs chair of its policy forum stated:The marine insurance sector, like all sectors, wants to see enhanced safety for ships operating in Arctic waters. We would strongly encourage an improved
infrastructure to provide the required level of search and rescue capacity alongside suitable places of refuge.
Insurance (IUMI). Helle Hammer, IUMIs chair of its policy forum stated:The marine insurance sector, like all sectors, wants to see enhanced safety for ships operating in Arctic waters. We would strongly encourage an improved
infrastructure to provide the required level of search and rescue capacity alongside suitable places of refuge.
http://bit.ly/2PPy94H
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6. New Greek Shipping Minister
Greek prime minister Alexis Tsipras announced a cabinet reshuffle yesterday which has added 13 new faces to the cabinet while keeping several key members in place. Among the changes in key roles, Fotis Kouvelis has shifted
from deputy defence minister to shipping minister, replacing Panagiotis Kouroumblis. Kouvelis was a founding member of the Greek Left Party and prior to his role as deputy defence minister he served as minister for justice.
from deputy defence minister to shipping minister, replacing Panagiotis Kouroumblis. Kouvelis was a founding member of the Greek Left Party and prior to his role as deputy defence minister he served as minister for justice.
http://bit.ly/2LCEflG
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7. Families Press for Answers
The bereaved families of the 22 dead crew from the sunken Stellar Daisy have hit out at Vale, the worlds largest iron ore miner, saying that the Brazilian company should have done more to prevent the tragedy. In an email
seen by Splash and sent on behalf of the bereaved families to the CEO of Vale, Fabio Schwartsman, the miners commitment to corporate social responsibility was questioned. Are you (Vale S.A.) really serious about Social
Responsibility and Sustainability of the company ?, the email questioned, going on to ask whether Vale knew of the decrepit state of the Stellar Daisy, before its final fateful voyage.
seen by Splash and sent on behalf of the bereaved families to the CEO of Vale, Fabio Schwartsman, the miners commitment to corporate social responsibility was questioned. Are you (Vale S.A.) really serious about Social
Responsibility and Sustainability of the company ?, the email questioned, going on to ask whether Vale knew of the decrepit state of the Stellar Daisy, before its final fateful voyage.
http://bit.ly/2wo0DKM
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8. Ferry Fire in Piraeus
A passenger ferry with 1,016 people onboard returned safely to the port of Piraeus in the early hours on Wednesday after it reported a fire while en route to Crete, the Greek coast guard said. There were no immediate reports
of injuries, a coast guard official told Reuters. The Eleftherios Venizelos, carrying 875 passengers and 141 crew, was sailing off the island of Hydra when it notified the coast guard around midnight (2100 GMT) that a
car parking compartment had caught fire.
of injuries, a coast guard official told Reuters. The Eleftherios Venizelos, carrying 875 passengers and 141 crew, was sailing off the island of Hydra when it notified the coast guard around midnight (2100 GMT) that a
car parking compartment had caught fire.
http://bit.ly/2MCuRnj
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9. Maersk Fuel Costs Rise
Maersk says adhering to stricter environmental standards could add at least $2 billion to its annual fuel bill from 2020, one of the clearest examples yet of how vessel owners will be affected by rules to curb sulfur emissions that take effect in 16 months
time. High crude prices, tight availability of compliant fuels, and investment in research and development are among issues that will combine to drive up the cost of complying with IMO 2020, said Simon Bergulf, director for regulatory
affairs at A.P. Moller-Maersk A/S, the Copenhagen-based operator of hundreds of container ships and smaller craft like tug boats.
time. High crude prices, tight availability of compliant fuels, and investment in research and development are among issues that will combine to drive up the cost of complying with IMO 2020, said Simon Bergulf, director for regulatory
affairs at A.P. Moller-Maersk A/S, the Copenhagen-based operator of hundreds of container ships and smaller craft like tug boats.
http://bit.ly/2PfDpO2
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10. Greek Seafarer Strike Beckons
The Panhellenic Seamens Federation (PSO) confirmed it would stage a 24-hour strike on Monday, September 3. The decision is being made after a meeting with shipowners today, August 29, failed to meet workers wage increase
requests. The union is seeking a 5 percent increase for ferry crews under a collective bargaining agreement as it deems the hike is long overdue since there were no wage increases for eight years.
requests. The union is seeking a 5 percent increase for ferry crews under a collective bargaining agreement as it deems the hike is long overdue since there were no wage increases for eight years.
http://bit.ly/2N2nxko
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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
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