Daewoo Shipbuilding bags order for...

Daewoo Shipbuilding bags order for 2 large oil tankers in Shipbuilding News 19/01/2019 Daewoo Shipbuilding & Marine Engineering Co., a major...

Daewoo Shipbuilding bags order for 2 large oil tankers
posted on: Jan 19, 2019

Hyundai Heavy wins US$130 mln...

Hyundai Heavy wins US$130 mln deal for 2 oil carriers in Shipbuilding News 19/01/2019 Hyundai Heavy Industries Co., the world’s largest...

Hyundai Heavy wins US$130 mln deal for 2 oil carriers
posted on: Jan 19, 2019

Protection Vessels International: Weekly Maritime...

Protection Vessels International: Weekly Maritime Security Report in Piracy and Security News 19/01/2019 South East Asia China: Armed robbers board bulk...

posted on: Jan 19, 2019

Indian Register of Shipping (IRClass)...

Indian Register of Shipping (IRClass) signs MoU with the Government of Assam for World Bank funded inland water transport...

Indian Register of Shipping (IRClass) signs MoU with the Government of Assam for World Bank funded inland water transport project
posted on: Jan 19, 2019

ABS Advanced Solutions And Fleet Management Limited Partner On Cyber Security...

posted on: Jan 17, 2019

ABS Advanced Solutions And Fleet Management Limited Partner On Cyber Security 16 January 2019 ABS Advanced Solutions and Fleet Management Limited signed an agreement to implement the ABS industry-leading cyber security solution for Fleet Management’s 220-vessel liquid cargo fleet. Representation Image – Credits: eagle.org “Fleet Management Limited is one of the world’s leading ship management firms, and their decision to select the ABS FCI Cyber Risk™ model underlines its position as an industry leader,” said Russell Medeiros, Vice President, ABS Advanced Solutions. “Working together, we will provide a comprehensive cyber security solution to assist in ensuring compliance with the International Maritime Organization (IMO), as well as additional cyber-security related guidelines and requirements—creating a safer fleet.” “Our safety consciousness and value-added services have always been key drivers of our 24-year growth” said Kishore Rajvanshy, Managing Director, Fleet Management Limited. “New digital technologies not only bring about considerable opportunities to the...

PSC Focus: AMSA Performance

posted on: Jan 17, 2019

PSC Focus: AMSA Performance Australia region is the second most common trade destination in Tokyo MoU, following China, in which AMSA is responsible for conducting inspections. The detainable items are not only recorded in detailed inspections but also in typical/ initial inspections. PSC FOCUS | 31/12/18 AMSA’s inspection system is based on risk priorities given by “Shipsys”; an assessment system which takes into consideration the background of each vessel with data received from a variety of sources. Key factors during 2006-2016 Detention Rate (detentions per 100 Inspections) – The decade’s global trend is 3.5%Deficiency per Inspection. – The decade’s global trend is 2.5% 10 Most Common detainable deficiencies (2012-2016) Detentions by ship type InspectionsDetentionsDetention rateBulk Carrier10,2787046.85%Container ship1,6661287.68%Oil tanker1,135363.17%General cargo / multi-purpose ship1,07712011.14%Vehicle carrier949363.79%Chemical tanker828232.78%Tugboat316288.86%Gas carrier305113.61%Heavy load carrier244208.20%Other1,093888.05% RISK4SEA is an online intelligence platform providing inspection analytics, fleet and ship operator benchmarking. Using these big data analytics an operator may benchmark his ships,...

Year in Review: Top priorities of the 2018 Regulatory Agenda...

posted on: Jan 17, 2019

Year in Review: Top priorities of the 2018 Regulatory Agenda In 2018, once again new regulations took place in order the maritime industry to stay on the pulse and remain sustainable. Namely, the latest regulatory impacting the industry within the year include the following updates: Read in this series Year in Review: Top shipping stories to remember from 2018Year in Review: Environmental issues that caught shipping’s eye in 2018Year in Review: Timeline of smart shipping developments in 20182018 Highlights: Major cyber attacks reported in maritime industryYear in Review: Top priorities of the 2018 Regulatory AgendaA year in pictures: Shipping industry’s highlights in 2018Top shipping books we read in 2018 IMO published changes to IMDG Code, incorporating the Amendment 39-18 which came into force on 1 January 2020 for two years and may be applied voluntarily as from 1 January 2019.ISO updated the international guidelines for the effectiveness of sea anchors for rescue boats...

UAE Sets Out New Rules Regarding Class and Flag...

posted on: Jan 17, 2019

UAE Sets Out New Rules Regarding Class and Flag January 17, 2019 The United Arab Emirates’ Federal Transport Authority has reduced the number of flag states subject to the regulation below to the following: AlbaniaBelizeDPR of Korea (North Korea)Sao Tome and PrincipeTongaCongoEquatorial GuineaRepublic of Moldova The United Arab Emirates’ (UAE) Federal Transport Authority (FTA) has issued new regulations for foreign-flagged vessels transiting its waters and visiting its ports. Vessels Need To Be Classified The FTA circular states that from 1 January 2019 some foreign-flagged vessels that call at UAE ports or anchor in UAE-controlled waters must be classified by a member of the International Association of Classification Societies (IACS) or by the UAE’s own classification society, TASNEEF. The circular follows on from regulations issued on 1 January 2018 that foreign-flagged crude and product tankers must be less than 25 years old and must be double-hulled to sail in Emirati waters. Penalty...

Asian Piracy Decreased Twenty-Five Percent Last Year...

posted on: Jan 17, 2019

Asian Piracy Decreased Twenty-Five Percent Last Year file photo ReCAAP ISC has released its 2018 annual report highlighting that reported piracy incidents in Asia decreased 25 percent year-on-year last year. There were 76 incidents of piracy and armed robbery reported in Asia between January to December 2018, comprising 62 actual incidents and 14 attempted incidents. This represents a decrease of 25 percent in the total number of incidents and a 31 percent decrease in actual incidents compared to 2017. It also represents the lowest number of incidents since ReCAAP ISC began keeping records in 2007. There was improvement at some ports and anchorages in 2018, particularly at the Manila anchorage in the Philippines. Successful arrests of perpetrators were reported in Bangladesh (Chittagong), India (off Alang, Gujarat), Philippines (Manila), Indonesia (Pulau Batam), Malaysia (Pulau Tinggi, Sarawak and off Tambisan, Sabah) There was no theft of oil cargo in 2018. While...

ITF and WMU Release Automation 2040 Report

posted on: Jan 17, 2019

ITF and WMU Release Automation 2040 Report file photo Every year 62.7 trillion ton-miles of cargo are transported around the world, and looking to the future, the International Transport Workers’ Federation (ITF) and the World Maritime University (WMU) have released the first ever, independent and comprehensive assessment of how automation will affect the future of work in the transport industry.  The forward-looking assessment, produced by WMU, investigates how the global transport industry will change as a result of automation and advanced technologies, forecasting and analyzing trends and developments in the major transport sectors – seaborne, road, rail and aviation – to 2040 with an emphasis on the implications for jobs and employment for transport workers. Seafarers Foresight simulations conducted for maritime transport show that the introduction of highly automated ships will reduce the growing rate of demand for seafarers globally by 2040 compared to baseline projections based on current technology....

Total: Shipping is Not Ready for IMO 2020

posted on: Jan 17, 2019

Total: Shipping is Not Ready for IMO 2020 Bunkering tanker comes alongside a bulker (file image) The head of Total Marine Fuels is concerned that the shipping industry is not ready to implement the IMO 2020 sulfur rule next January, despite years of warnings.  “Globally, I feel that the shipping industry is not prepared . . . . We fear that the lack of clarity around which products are coming onto market is leaving customers a little lost as to how to plan effectively,” said Jerome Leprince-Ringuet, the managing director of marine fuels at Total, in a blog post Monday. “Given how soon the IMO 2020 regulation enters into force, it is very surprising to us that we are not receiving more calls from our customers asking for detailed information on how the global cap will impact them.” Beginning January 1, 2020, internationally-trading merchant ships will have to use...

Seafarers, technology and automation – managing future challenges

Seafarers, technology and automation – managing future challenges...

posted on: Jan 16, 2019

Seafarers, technology and automation – managing future challenges in International Shipping News 16/01/2019 IMO Secretary-General Kitack Lim has highlighted the need to consider seafarer training and standards as shipping evolves, with increasing levels of technology and automation. Speaking at IMO Headquarters (15 January) at the launch of a new report “Transport 2040: Automation, Technology and Employment – the Future of Work”, Secretary-General Lim set out key questions that will require focus from all stakeholders: “How will the seafarer of the future manage the challenges related to an increasing level of technology and automation in maritime transport? How will the new technologies impact on the nature of jobs in the industry? What standards will seafarers be required to meet with respect to education, training and certification to qualify them for the jobs of the future?” An important strategic direction for IMO is the integration of new and advancing technologies into the regulatory...

Weekly Vessel Valuations Report, January 15 2019...

posted on: Jan 16, 2019

Weekly Vessel Valuations Report, January 15 2019 in Weekly Vessel Valuations Report 15/01/2019 Tanker: Modern VLCC values have firmed. VLCC Pacific Glory (300,000 DWT, Nov 2001, Imabari) sold to Kunlun Holdings for USD 22.0 mil, VV value USD 20.83 mil. Aframax Blue River (106,600 DWT, Oct 2002, Tadotsu Tsuneishi) sold to Stalwart Management for USD 11.5 mil, VV value USD 11.28 mil. MR2 Green Hellas (50,900 DWT, Jul 2014, Dae Sun) sold to Island Navigation for USD 26.0 mil, VV value USD 26.82 mil. MR2 High Glow (46,800, Jul 2006, Naikai Setoda) sold for USD 11.20 mil, VV value USD 11.19 mil. Bulker: Softening in Capesize and Panamax tonnage. Allseas Marine sold 2 Supramaxes Paros Seas and Kavala Seas (56,800 DWT, Apr and Sept 2011, Jiangdong) to Avic Leasing in an en bloc deal for USD 24.6 mil, VV en bloc value USD 24.98 mil. Container: Modern Post Panamax and Panamax...

Human Error ID’d in Mediterranean Ro-Ro’s Collision with Containership

Human Error ID’d in Mediterranean Ro-Ro’s Collision with Containership...

posted on: Jan 9, 2019

Human Error ID’d in Mediterranean Ro-Ro’s Collision with Containership January 8, 2019 by Mike Schuler The Tunisian ro-ro Ulysse pinned to the hull of the CSL Virginia in the Mediterranean Sea off Corsica. Photo: Prémar Méditerranée The investigation into the collision involving a roll-on/roll-off vessel and a containership in the Mediterranean Sea last October identified human errors on a multitude of levels as the root cause of the accident. According to Tunisian, French and Cypriot investigators who revealed their findings on Monday, the investigation revealed that the watch officer on board the Tunisian ro-ro Ulysse was alone on the bridge and on his phone, far away from radar, at the time of the collision early on October 7th. Officers on the Cypriot container ship Virginia also not attend to radar alarms, investigators questioned why the ship had dropped anchor in the middle of a shipping lane. The Ulysse was...

Launching the Greatest Fleet

Launching the Greatest Fleet

posted on: Jan 6, 2019

ESSAYS – WINTER 2019 Launching the Greatest Fleet How American war surplus helped build the world’s most successful merchant marine By John Psaropoulos | December 3, 2018 The American Scholar Built in 41 days, the SS Black Hawk was launched in New Orleans in January 1943. She, like the Cormorant, was part of the U.S. fleet of Liberty Ships. (The National WWII Museum/Gift of Earl and Elaine Buras) Even though more than half a century has passed, Captain Yiannis Tsaganis remembers his worst storm clearly. He had embarked on the Greek merchant vessel Cormorant as a seaman in 1964. The ship’s five holds had been filled with lumber in Vancouver, and because lumber is a light cargo, beams had been strapped with ropes to the hatch covers as well, allowing the ship to reach its maximum capacity of 10,000 tonnes. The Cormorant ’s destination was the port of Yokohama—a distance of more than 4,000 nautical miles across the...

NYK President Gives Annual New Year’s Message

NYK President Gives Annual New Year’s Message...

posted on: Jan 4, 2019

NYK President Gives Annual New Year’s Message in International Shipping News 05/01/2019 The following is an excerpt from the New Year’s speech made by NYK president Tadaaki Naito as business opened for 2019 at the company’s head office in Tokyo. Excerpt from the speech I would like to wish everyone a happy new year. The Heisei period* will come to a close this year, and Japan will welcome a new era. I would thus like to take this opportunity to look back on the past 30 years and look forward to the next 30.(*The current Japanese era began in 1989 and will come to an end in April 2019.) 1. The past 30 years The year is 1989. This is the year in which the Berlin Wall fell and the Cold War between the East and West ended. Following this, actions towards regional economic integration were successively taken and global trade...

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