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Biggest Ever Four Rope Dual...
Biggest Ever Four Rope Dual Scoop “Smart” Grab Manufactured in India. Indo-German joint venture Peiner SMAG Machinery (India) Pvt...
Ships’ Demolition Market in Southeast...
Ships’ Demolition Market in Southeast Asia Undergoes Tectonic Changes During 2018 in Hellenic Shipping News 04/01/2019 Stricter environmental regulations...
Korean shipbuilding industry reclaims the...
Korean shipbuilding industry reclaims the world’s No. 1 title in Shipbuilding News 03/01/2019 The year of 2018 was a...
Bunker contamination: the importance of...
Bunker contamination: the importance of timely intervention in Marine Insurance P&I Club News 03/01/2019 The shipping industry has previously...
Weekly Vessel Valuations Report, January 01 2019...
posted on: Jan 3, 2019
Weekly Vessel Valuations Report, January 01 2019 in Weekly Vessel Valuations Report 01/01/2019 Tanker: Modern tonnage values have firmed. Firming in modern tonnage is due to an increase in charter rates in most segments, and an upwards shift in the futures curve in all tanker markets. No sales have been reported this week. Bulker: Bulker values have remained steady across the board. No sales have been reported this week. Container: Container values have remained stable across the board. No sales have been reported this...
Why shipping must shed focus on human rights at sea...
posted on: Jan 3, 2019
Above image is used for illustration purposes only / Credit: Shutterstock Why shipping must shed focus on human rights at sea Human rights at sea gains significant attention of the maritime community. Due to its diversified identity, shipping constitutes a friendly field for human rights abuses, with human trafficking, illegal migration, slavery and abuse in fishing sector and even the unsafe working conditions in many Southeast Asian ship recycling facilities being among the key areas of concern. Maritime Knowledge | 10/12/18 On 10 December 2018, the world celebrates the 70th anniversary of the Universal Declaration of Human Rights (UDHR). Businesses already have a framework to adopt a principles-based approach that places human right at the center of their strategy. Namely, in the form of the 2030 Agenda for Sustainable Development in the context of UN SGDs, business can ensure respect for human rights throughout their operations. Yet despite important...
Dutch Coastguard: MSC Zoe Loses Hundreds of Containers Overboard in North Sea...
posted on: Jan 2, 2019
Dutch Coastguard: MSC Zoe Loses Hundreds of Containers Overboard in North Sea January 2, 2019 by Mike Schuler0 File photo of the MSC Zoe. Photo: MarineTraffic.com/Luc van Haute The Dutch Coastguard has issued a navigational warning after an ultra-large containership lost scores of containers while underway in the North Sea. The ship, MSC ZOE, was in German waters when it lost the containers in heavy seas between Vlieland, Netherlands and the German Bight in the southeastern North Sea on New Year’s Day. The Coastguard initially reported about 30 containers lost. However, an update Wednesday morning said it now understands that a whopping 270 containers went overboard. The Coastguard is warning ships in the vicinity keep an eye out for containers floating in the water. At least 21 containers with loose goods have washed up on the Dutch islands of Vlieland, Terschelling and Ameland. The MSC ZOE was underway from Antwerp, Belgium...
Indian Ports Association seeks to establish new panel of bunker suppliers...
posted on: Jan 2, 2019
Indian Ports Association seeks to establish new panel of bunker suppliers Bunkerspot 1 January 2019 The initiative is part of a drive to upgrade national bunkering services and attract larger tonnage to refuel at Indian ports. The Indian Ports Association has issued a request for qualification (RFQ) and is inviting submissions from interested bunker suppliers. The intention is to create a panel of suppliers that would be in place for a three-year period. The Association notes that there are 12 major ports and some 200 ‘non-major’ ports along India’s coasts and islands. Some 23,000 vessels called at the major Indian ports during 2016-2017, and, according to IOC estimates, bunker fuel demand at the nation’s ports currently accounts for just 1% of global demand. The Association also highlights the need for the upgrading of bunkering services at Indian ports and notes that: ‘There is a need to rationalise the taxing...
OCIMF releases guidance for transferring personnel using a crane...
posted on: Jan 2, 2019
OCIMF releases guidance for transferring personnel using a crane in International Shipping News 31/12/2018 OCIMF has released a new information paper called Transfer of Personnel by Crane between Vessels. Personnel have been transferred by crane between offshore vessels and offshore platforms for many years and there are well established guidelines and regulations for this activity, including the requirement to have cranes certified for personnel transfer. A similar level of guidance and regulation has not been available for transfers of personnel between vessels, however, even though incidents have occurred. Cover: Transfer of Personnel by Crane between Vessels. Click image to download PDF. This information paper is intended to help vessel operators and owners, Masters, officers, Marine Superintendents and Mooring Masters evaluate the risks associated with the transfer of personnel by a vessel’s onboard crane. It includes guidance on risk assessment, equipment, maintenance, training, company policies, procedures and emergency planning. An...
Changing on-board bunkers safely
posted on: Jan 2, 2019
Changing on-board bunkers safely in Marine Insurance P&I Club News 31/12/2018 Challenges and risks arise when changing from one fuel to another on board. We have handled many cases in which a new fuel was mixed with the fuel already in use, but proved incompatible. A critical moment occurs each time fuel runs out and a new batch is started, but the risk is minimised when the operation is carried out properly according to best practice. This article identifies some of the challenges on-board crew may face, and provides guidelines to reduce the risks of possible engine and fuel-equipment damage. Numerous bunker disputes over the years reveal that these challenges and risks do not begin at the time of changeover on board. They may arise at the time of the request for fuel oil, so the risk management process for bunker changes should be considered in chronological order from...
Burning Car Carrier Sincerity Ace Abandoned in Pacific Ocean; Two Missing, Three Fatalities Confirmed...
posted on: Jan 2, 2019
Burning Car Carrier Sincerity Ace Abandoned in Pacific Ocean; Two Missing, Three Fatalities Confirmed January 1, 2019 by Mike Schuler Photo shared to gCaptain’s social media. Photo: Chelsea Martin The U.S. Coast Guard, Navy and two merchant vessels are continuing searching for two missing crew members from the burning car carrier Sincerity Ace approximately 1,800 nautical miles (2,000 miles) northwest of Oahu, Hawaii, the Coast Guard updated Tuesday. According to the update, good samaritans aboard four merchant vessels have rescued 16 of the 21 crew after the Panamanian-flagged vessel caught fire Monday during a voyage from Japan to Honolulu. Sadly, three of the five missing crew members were reportedly located, but were unable to be recovered as they were unresponsive and unable to grab onto life saving equipment, the Coast Guard said. Search efforts are focused on the two remaining potential survivors in a search area of 5,832 square nautical miles (6,711 square...
A year in pictures: Shipping industry’s highlights in 2018...
posted on: Jan 2, 2019
A year in pictures: Shipping industry’s highlights in 2018 Once again this year’s agenda was full with meetings, agreements and important announcements for the maritime community. In this photo recap we have picked key moments that captivated industry’s interest in 2018. Shipping | 31/12/18 1. A group of international shipping leaders joined forces to take significant action on decarbonisation at UNFCCC COP23. 2. Mr. Koji Sekimizu, former IMO Sec-Gen, received the ‘International Maritime Prize’ for his contribution to the work of IMO over many years. 3. The world’s first class approved 3D printed ship’s propeller – collaboration between RAMLAB, Promarin, Autodesk, Bureau Veritas and Damen- unveiled at Damen Shipyard Group’s headquarters. 4. BIMCO and CIRM sent the first proposal for an industry-wide standard for software maintenance to the IMO for consideration, to minimize risks of delays, costs and cyber security issues. 5.UN Global Compact, the Norwegian Government and partner companies launched...
Mindful organisations: Successful organisations?...
posted on: Dec 28, 2018
28 December 2018 Mindful organisations: Successful organisations? Nowadays more and more organisations are facing high staff stress levels, poor decision making, staff turnover, interpersonal conflicts or absenteeism, resulting in low workplace productivity. Unfortunately, shipping industry is not excluded! According to Gallup’s 2017 State of the Global Workplace report, 85% of employees reported being either not engaged or actively disengaged at work in—which Gallup estimates costs companies $7 trillion a year in lost productivity. Thus, how organisations may be more mindful and subsequently more effective at both communicating and collaborating a shared goal? Maritime Knowledge | 09/03/18 What is mindfulness? Actually, the term “mindfulness” is a translation of the Pali term sati, which is a significant element of Buddhist traditions. Mindfulness can be defined as the psychological process of bringing one’s attention to experiences occurring in the present moment, which can be developed mostly through the practice of meditation. Clinical studies have documented...
Shipping trends: A look into a Millennial’s mind...
posted on: Dec 28, 2018
Shipping trends: A look into a Millennial’s mind Millennials, one of the largest generations in history, is undoubtedly at its prime spending years. Have you ever wondered how the Millennials are poised to reshape maritime industry? Their unique experiences are going to change the ways we live and work, forcing shipping organisations to examine how they will operate for decades to come. Just think how Baby Boomers, Gen Z, and Gen X are acting nowadays; they leverage digital tools in order to interact and engage with the world, becoming Millennial-minded! Here are seven trends that may prove if a shipping organization is ready to welcome the Millennials or not. Shipping | 09/03/18 1. Sustainability: Like in our everyday purchases ashore, the Millennials or the Millennial – minded shipping operators demand more from the organisations they choose to cooperate with, with respect to the packaging, the way they treat their...
IMO 2020 Impacts to The Shipping Industry – An Expert’s Perspective...
posted on: Dec 28, 2018
IMO 2020 Impacts to The Shipping Industry – An Expert’s Perspective in International Shipping News 28/12/2018 On 1 January 2020 the final piece of the jigsaw that is the amended International Maritime Organization’s (IMO) MARPOL Annex VI will fall into place. Ships will be required to consume fuel with a sulfur content of 0.5% m/m or less globally. This event has been widely referred to as IMO 2020. What impact is this going to have? When the debate was being conducted at IMO in 2007 and 2008 the fuels being discussed were High Sulfur Fuel Oil (HSFO), Marine Diesel Oil (MDO) and Marine Gas Oil (MGO). MGO has the lowest specified level of sulfur and since 1 January 2015 when the sulfur limit in Emissions Control Areas (ECA’s) was reduced to 0.1% m/m (from 1%) MGO has been almost exclusively used to comply. IMO 2020 appears to be changing...
Busy Festive Season for Ships’ Demolition Activity...
posted on: Dec 28, 2018
Busy Festive Season for Ships’ Demolition Activity in Hellenic Shipping News 28/12/2018 Despite the Festive period in a large part of the world, activity in the demolition market has remained in high levels. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “a correction downwards in price levels is clearly evident this week with the majority of Buyers providing some reluctance to offer for any available unit until the turn of the year. As such, many Owners have decided to withdraw any proposed tonnage from the market and therefore, the lack of sales looks set to continue into the New Year when all parties can digest the market conditions on the arrival of 2019. Certainly, on the back of reducing rates, new ships being offered to the market remain scarce which is giving a general quiet period as we enter the Christmas season. The uncertainty on the...
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A year in pictures: Shipping industry’s highlights in 2018 A year in pictures: Shipping industry’s highlights in 2018 Once again this year’s agenda was full with meetings, agreements and important announcements for the maritime community. In this photo recap we have picked key moments that captivated industry’s interest in 2018. Shipping | 31/12/18 1. A group of international shipping leaders […]
Bangladesh: My dream – Captain Fazlur Rahman’s book launching ceremony in London Captain Fazlur Rahman’s book launching ceremony in London 12 November 2018 Bangladesh: my dream was unveiled in London yesterday in presence of a few well-wishers in a restaurant located at 59 Burdett Road, London E3 4TN (Near Mile End tube station). You can see the attached program. Captain Fazlur Rahman is […]
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