Seacurus Daily: Top Ten Maritime News Stories 22/10/2018
1. US Wants Fuel Delay
The Trump administration wants pollution limits on ship fuels to be phased in to protect consumers from any price spikes in heating and trucking fuels, a White House spokesman said. Under the IMO rule, ships cannot use fuels with more than 0.5 percent of sulfur, compared with 3.5 percent now, unless equipped to limit the emissions. The rule will be enforced through fines levied by IMO member states. The IMO said last month it would not delay implementation after some shipping groups as well as the Bahamas, Panama, Liberia and the Marshall Islands supported a phased-in implementation of the rules.
2. VLCCs Still Surging
VLCC rates, averaging above $40,000 a day this month, dramatically up from September’s $16,500 average, look set for a strong finish to 2018. New York tanker brokers Poten & Partner show that at least 157 VLCCs have been fixed out of the Arabian Gulf so far this month, the highest monthly volume since at least 2016. This compares to an average of 135 per month in 2018 year to date and 124 in 2017. Volumes from West Africa have picked up as well. The number of 1m barrel stems reached 75 in October, equivalent to about 37 VLCC cargoes, the highest monthly number since at least 2013.
3. Sad End for Fleet
Naples-based Giuseppe Bottiglieri Shipping Company intends to sell all its fleet of tankers according to broking sources. The four MR1 sister ships – Mariella Bottiglieri, Alessandra Bottiglieri, Ghetty Bottiglieri e Mariella Bottiglieri – are being circulated on the market by several shipbrokers and their value, may be around $30m even if the price requested for each tanker is $8m. Since March, Giuseppe Bottiglieri Shipping Company has been controlled by Bain Capital investment fund which obtained a green light from the local court of Naples and from three Italian banks involved in the debt restructuring.
4. Greek Maritime Chatbot
Greek maritime technology firm METIS Cyberspace Technology reckons it can transform the management of shipping fleets via its latest maritime cyber solutions. The company was founded in 2016 by a team of seven scientists and engineers with extensive experience in the shipping sector and strong backgrounds in research. The company specialises in the fields of electronics engineering, IoT, cloud computing and artificial intelligence for the needs of global shipping. METIS recently launched Cyber Personal Assistant for vessel monitoring and management, the world’s first ever chatbot for maritime. http://bit.ly/2NSYOvm
5. Titanic 2 Restarted
The Chairman of Blue Star Line Clive Palmer has confirmed that work has recommenced on the construction of Titanic ll. The vessel is expected to be put into service on the London – New York route across the Atlantic in 2022. She will replicate the Titanic in length (882 feet, 269 meters) but will be a few meters wider to provide additional stability. Palmer last announced progress on the Titanic ll project in 2015 when work was suspended due to his flagship company, Mineralogy, being in dispute with Chinese Government owned Citic Limited over the non-payment of hundreds of millions of dollars.
6. Loneliness at Sea
Danish health and safety company CONOVAH has received funding for a project looking into loneliness at sea. The new project aims to put a spotlight on loneliness at sea and how this is affected by changes in the role of managers and technological developments. The project also aims to identify issues that contribute to a feeling of loneliness among Danish seafarers, especially managers, and young seafarers’ expectations and demands when it comes to loneliness. This will also include identification of the factors that promote and inhibit loneliness at sea.
7. Ferry and Yacht Collision
A car and passenger ferry collided with at least two yachts while trying to berth at the entrance of Cowes Harbour on the Isle of Wight during heavy fog on Sunday. The HM Coastguard said it received reports just after 8 a.m. that the Red Falcon Ferry had collided with yachts and later grounded with 56 people on board. At around the same time, authorities also received a 999 emergency call from a member of the public reporting that they heard cries for help within the harbour. An extensive search was launched involving a Cowes RNLI lifeboat, Calshot RNLI lifeboats and Coastguard Rescue Teams.
8. Armed Guard Foil Attack
It has emerged that Security guards aboard a Hong Kong-flagged cargo ship repelled an attack by pirates in a gun-battle off Somalia’s coast this week, the European naval force reports. It was only the second reported attempt by Somali pirates to seize a commercial ship this year, after a resurgence of attacks in 2017 following years of relative calm. On Tuesday, pirates approached and opened fire at the Hong Kong-flagged MV KSL Sydney freighter 340 nautical miles off Somalia, but private security guards aboard the ship acted quickly to foil the attack, EUNAVOR said in a statement.
9. First Female LNG Captain
BW LNG, part of Singapore-based BW Group, has appointed its first female captain. Captain Tatjana Pletena is at the helm of the Singapore-flagged LNG tanker BW GDF Suez Everett. Captain Pletena began her career as a deck cadet with Bergesen, a Norwegian shipping company, in 2001, from the Latvian Maritime Academy. Upon graduation, I returned to Bergesen as fourth mate and made my way to where I am now. For several years, I had to combine work at sea as a junior officer and studies at the Latvian Maritime Academy on a correspondence course, which was not easy at all, Ms. Platena said.
10. Anger at Seafarer Position
A Union official has been responded with anger to comments from the Emergency Response and Rescue Vessel Association that the industry is “greatly dependent” on Eastern European crew members. The ERRVA said a lack of access to workers in a no-deal Brexit scenario would be “very detrimental” and that recruiting locally would be difficult. However, Mr Molloy of the RMT said he was astonished by these claims, adding that crews need to be paid more to bring in UK workers to the sector. He said: There’s been thousands upon thousands of workers made redundant in the last three years.
Daily news feed from Seacurus Ltd – providers of MLC crew insurance solutions www.seacurus.com