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According to a new market research “Marine Propellers Market by Number of Blades (3, 4, 5), Type (Controllable Pitch Propeller and Fixed Pitch Propeller), Application (Ship-Defense and Merchant, Boat-Inboard Engine and Outboard Engine, Underwater Vehicles-Submarine and Unmanned), Material (Aluminum, Bronze and Stainless Steel) – Global Forecasts, Trends & Analysis to 2014 – 2020”, the marine propeller market is estimated to be valued $3.67 Billion by the end of 2015. It is projected grow to $5.94 Billion by 2020 at a CAGR of 10.07%. The key challenge faced by the marine propeller market is that the life cycle of a propeller is fairly high and hence replacement occurs after considerable amount of time.

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A small coastal tanker is hijacked by pirates in South East Asia every two weeks on average, a report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) has revealed.

South East Asia accounts for 55% of the world’s 54 piracy and armed robbery incidents since the start of 2015. After a steady drop in global piracy over the last few years, attacks rose 10% in the first quarter of 2015 on the same period of 2014. Worldwide, pirates took 140 hostages in the first three months of 2015, three times as many as during the same period in 2014. A total of 13 seafarers were assaulted and three injured.

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An excellent standard of seamanship is more difficult to achieve and maintain against the issues of reduced sea time, accelerated promotion and little opportunity to practise. This was the message at the launch of the 12th edition of The Admiralty Manual of Seamanship, authored by the Royal Navy and published by The Nautical Institute.

“Seamanship issues between navy and merchant service are not very different these days,” said Captain Robert McCabe FNI, President of the Institute. “Cuts to both services mean that ancillary staff, including cooks and stewards, find themselves part of the mooring party with less training than the able seaman. For the officers in charge, the emphasis in training is on technology and weapons rather than seamanship.

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