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Bavaria Yachts saved by sale to private equity fund

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A Bavaria Yacht on the seaThe boatbuilder, Bavaria Yachts, which went into administration in April this year, has been sold to a private equity fund advised by German based CMP Capital Management-Partners. The acquisition includes Bavaria Yachts with its 550 staff and all the shares in its subsidiary Bavaria Catamarans that employs 250 people.

The purchase will be completed after merger control clearance by the German Federal Cartel Office – expected in a couple of weeks.

Restructuring

“We are convinced of Bavaria’s global market potential and will sustainably develop the company,” said Kai Brandes, CMP Capital Management-Partners MD. “The restructuring measures will focus on regaining market share and improving production costs.”

Continue reading “Bavaria Yachts saved by sale to private equity fund”

The dangers of carrying nickel ore cargo and the associated risks are highlighted by The West of England P&I Club

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A nickel Ore cargo ship - Photo credit: Shipspotting
Photo credit: Shipspotting

The West of England P&I Club has warned operators and others involved of the dangers of carrying nickel ore. Carrying nickel ore can be dangerous, because of the risk of liquefaction of the cargo on passage when the moisture content is higher than the cargo’s Flow Moisture Point (FMP).

After a number of ships being lost, with liquefaction of their nickel ore cargoes suspected of being the cause, the West of England Club published a Notice some years ago addressing the Dangers of Carrying Nickel ore. This Notice is still in forced and was re-issued as No.13 2017/2018 – Dangers of Carrying Nickel Ore from Indonesia and the Philippines – Mandatory Notification Requirements (re-issued).

The Club reminds operators of the risk of liquefaction with this cargo, as showcased by the loss of the ‘Emerald Star’, which claimed the lives of 11 seafarers in October 2017.

In addition, the Club has been informed of Continue reading “The dangers of carrying nickel ore cargo and the associated risks are highlighted by The West of England P&I Club”

Shipping fears engine failures as industry switches to low sulphur fuel

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An Oil TankerBy Ellen Milligan (Bloomberg). Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of fuel the industry must consume as the industry switches to low sulphur fuel.

From Jan. 1, 2020, the vast majority of the world’s merchant fleet will have to use low sulphur fuel containing no more than 0.5 percent sulfur, down from 3.5 percent in most parts of the world today. The change is expected to upend both shipping and refining industries, with analysts forecasting higher oil prices, slower-sailing ships, and some observers even warning of risks to world trade.

Now more and more of the world’s largest shipping companies and trade groups, already mindful of spiralling costs, are saying there’s a safety risk too. Their primary worry is the lack of a single fuel type that complies with the rules. Since refineries across the world are coming up with different solutions to meet the sulfur-reduction target, owners say their ships’ engines could be damaged by inadvertently mixing incompatible products. Continue reading “Shipping fears engine failures as industry switches to low sulphur fuel”

New report on the human impact of autonomous ships published by IMarEST

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A diagram of two ships in close proximityIn a major piece of research, perhaps one of the most detailed of its kind to be undertaken into the potential human impact of autonomous vessels to date, the IMarEST’s Maritime Autonomous Surface Ships Special Interest Group sought to gauge the potential impact of self-governing ships and plot out a new course for the shipping industry’s valued workforce.

Autonomous technologies could create a competitive advantage for shipping companies but adoption will vary significantly between market segments. This was one conclusion reached in an industry-wide investigation conducted by the IMarEST’s Marine Autonomous Surface Ships special interest group (MASS-SIG). An initial survey went on to inform a roundtable discussion which in turn formed the basis of a report: “Autonomous Shipping – Putting the Human Back in the Headlines”.

Continue reading “New report on the human impact of autonomous ships published by IMarEST”

AMSA stresses the importance of marine incident reports

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Cargo ship keeling - Photo credit: Reuters
Photo credit: Reuters

The Australian Maritime Safety Authority (AMSA) has experienced a steady increase in incident reports from 1,721 in 2013 to 3,017 reports in 2017. This is a 75% increase over a five-year period. For the period from 1 January to 30 June 2018, AMSA received 1,611 incident reports.

Key points to note

– During 2013-2017, the number of ship arrivals to Australian ports has increased by 21%.
From the 1611 incident reports in January-June 2018, the vast majority of occurrences (78%) concerned some form of technical issue.
– Among the technical issues, the most predominant occurrences relate to power, propulsion, and steering. This includes, for example, issues with a vessel’s main and auxiliary engines, and the steering gear and rudder.

AMSA uses incident data in combination with other sources of information, such as inspection and survey reports, research findings, accident investigations, and our day-to-day interaction with vessel crews, owners, and operators. This helps us gain a better understanding of Continue reading “AMSA stresses the importance of marine incident reports”

Eddystone and Red Eagle unintentionally released carbon dioxide from fixed fire-extinguishing systems

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Two ships and gas cannisters in a roomOn 8 June 2016, the roll on, roll off (ro-ro) vessel Eddystone experienced an unintentional release of carbon dioxide (CO2) from its fixed fire-extinguishing system while in the Red Sea. A similar incident took place on 17 July 2017 on board the ro-ro passenger ferry Red Eagle while on passage from the Isle of Wight to Southampton. In both the Eddystone and Red Eagle, gas leaked into the CO2 cylinder compartment, but was prevented from entering the engine room by the main distribution valve which remained closed. Fortunately, no one was harmed in either of these incidents. However, the unintended release of CO2 from fire-extinguishing systems has caused 72 deaths and 145 injuries, mainly in the marine industry, between 1975 and 2000.

Continue reading “Eddystone and Red Eagle unintentionally released carbon dioxide from fixed fire-extinguishing systems”

TT Club emphasises need for cargo integrity ahead of IMO meeting on container safety

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A primary concern is the problem of mis-declared dangerous goods, with some sources suggesting that container fires occur on a weekly basis and that a major container cargo fire engulfs a ship at sea on average once every 60 days.
A primary concern is the problem of mis-declared dangerous goods, with some sources suggesting that container fires occur on a weekly basis and that a major container cargo fire engulfs a ship at sea on average once every 60 days.

The International Maritime Organization’s (IMO) latest meeting of the Sub-Committee on Carriage of Cargoes and Containers (CCC) takes place in London this week and the international freight insurance specialist, TT Club is calling for more urgent action on issues pertaining to the safety of container transport.

For some time now the insurer has been drawing both industry and regulators’ attention to the need for greater ‘Cargo Integrity’, by which is meant the safe, secure and environmentally sound packing, handling and transport of all goods in containers and other transport units, in compliance with conventions (such as SOLAS1) and codes, including IMDG Code2 and the CTU Code3.

TT Club’s Risk Management Director, Peregrine Storrs-Fox comments, “Achieving such Cargo Integrity across the complex web of the international freight supply chain is a big ask and we are in little doubt that a comprehensive result will take time to achieve. However many industry bodies are making significant strides, particularly in the areas of dangerous goods identification, declaration and handling as well as container weighing and packing. We are calling on the regulators, in this case the IMO, to assist in taking action to Continue reading “TT Club emphasises need for cargo integrity ahead of IMO meeting on container safety”

Energy transition offers innovators a competitive edge through “carbon robust” ship designs

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Following on from the 2017 report, the new Maritime Forecast to 2050 focusses on the challenges of decarbonizing the shipping industry.
Following on from the 2017 report, the new Maritime Forecast to 2050 focusses on the challenges of decarbonizing the shipping industry.

DNV GL – Maritime has released its second Maritime Forecast to 2050, part of a suite of Energy Transition Outlook (ETO) reports launched recently in London. The Forecast provides an independent view of the maritime energy future and examines how the energy transition will affect the shipping industry.

“The energy transition is undeniable,” says Remi Eriksen, Group President and CEO of DNV GL. “Last year, more gigawatts of renewable energy were added than those from fossil fuels and this is reflected in where lenders are putting their money.”

Following on from the 2017 report, the new Maritime Forecast to 2050 focuses on the challenges of decarbonizing the shipping industry. It examines recent changes in shipping activity and fuel consumption, future developments in the types and levels of cargoes transported, and future regulations, fuels and technology drivers.

“Decarbonization will be one of the megatrends that will Continue reading “Energy transition offers innovators a competitive edge through “carbon robust” ship designs”

Raising and lowering a mast during crusing is now made easier by innovation from Balpha Mast and Barton Marine

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Key to the Balpha Mast program is the stainless-steel mast housing which can be adapted for use with the Barton Boomstrut which controls the boom under sail.
Key to the Balpha Mast program is the stainless-steel mast housing which can be adapted for use with the Barton Boomstrut which controls the boom under sail.

The challenge of being able to lower the mast on a small yacht to get beneath bridges and access under other low obstacles is an age old problem. Addressing this matter, a new rigging programme allows the Balpha Mast to be lowered and raised during cruising easily and safely using a boom strut to hold the boom in place.

Working together, Balpha Mast and Barton Marine have made technical improvements and advancements to refine the core apparatus and the carbon fibre mast system now has UK and US patents in place.

“Our technical plan was to create the most simple and user-friendly rigging programme so that virtually anyone can swiftly lower and raise the mast to make sailing more of a joy for those restricted by bridges or transporting their sailing craft by trailer,” explained Suzanne Blaustone, Barton Marine CEO. “We are proud that we accomplished this using Continue reading “Raising and lowering a mast during crusing is now made easier by innovation from Balpha Mast and Barton Marine”

Weather-restricted sea transports for heavy lift ships

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SKULD LogoThe growing tendency of increase in weight and size of project cargoes calls for advanced methods to facilitate the cargo transport overseas in a safe and efficient way. Normally, large and heavy project cargo stowed on a heavy lift ships is secured and lashed according to regulations laid down in Annex 13 of IMO’s CSS Code. Standard procedure is to calculate the forces acting on each cargo item by multiplying the mass of the cargo item with design accelerations tabulated in Annex 13. Those design accelerations represent maximum values that the cargo would go through during a winter crossing of the North Atlantic, where most severe sea conditions of all oceans are assumed. Consequently, the cargo and its lashing gear are loaded by the highest and steepest occurring waves of the most severe sea area and the worst season of the year.

Continue reading “Weather-restricted sea transports for heavy lift ships”

All electric passenger vessel Future of The Fjords scoops top award

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The highly innovative Future of the Fjords vessel has been recognised by winning the Ship of the Year 2018 Award
The highly innovative Future of the Fjords vessel has been recognised by winning the Ship of the Year 2018 Award

A revolutionary all electric passenger vessel operating in the Norwegian Fjords has won the Ship of the Year 2018 award at the SMM show.

Future of The Fjords was seen by awards organiser (Norwegian maritime magazine) Skipsrevyen, its readers and expert judging panel as marking a major leap forward in sustainable transport, both on the water and, potentially, on land.

The win represents something of a remarkable double victory. The owner of The Future of the Fjords together with the shipyard Brødrene Aa, has already won the title before back in 2016 with battery hybrid sister ship Vision of The Fjords.

Although both vessels share the same carbon fibre hull, Future of The Fjords was seen by awards organiser (Norwegian maritime Continue reading “All electric passenger vessel Future of The Fjords scoops top award”

IACS updates guidance on bulk cargo loading and discharging

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The process of planning and controlling cargo operations is addressed with special reference to the derivation of the loading and unloading plans and the requirements for ship/shore communication.
The process of planning and controlling cargo operations is addressed with special reference to the derivation of the loading and unloading plans and the requirements for ship/shore communication.

The shipping industry remains highly concerned about the possible damage and loss of bulk carriers carrying heavy cargoes. In July 2018, IACS revised ‘Recommendation 46’ referring to Bulk carriers loading and discharging to reduce the likelihood of over-stressing the hull structure in order to raise further awareness on the potential associated risks.

As explained, the loads that affect the ship’s structure are generally discussed with special reference to the structural strength limitations imposed by the ship’s Classification Society.

For instance, over-loading may induce greater stresses in the double bottom, transverse bulkheads, hatch coamings, hatch corners, main frames and associated brackets of individual cargo holds. In addition, overloading of the cargo hold in association with insufficient Continue reading “IACS updates guidance on bulk cargo loading and discharging”

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