The Value of Shipping 2025: the industry’s vital role in powering global trade

The value of Shipping 2025: UK Shipping
The value of Shipping 2025: UK Shipping

A landmark new report The Value of Shipping 2025 from the UK Chamber of Shipping reveals the powerful economic, social, and environmental contributions of the shipping industry to the UK.

The Value of Shipping 2025 report shows that: Continue reading “The Value of Shipping 2025: the industry’s vital role in powering global trade”

IMCA Safety Statistics Report 2024: Line of Fire incidents leading cause of LTIs

IMCA Annual Safety Stats Report 2024
IMCA Annual Safety Stats Report 2024

The International Marine Contractors Association (IMCA) has published its annual Safety Statistics Report, showing that ‘line of fire’ incidents remained the leading cause of lost time injuries (LTIs) among IMCA marine contractor Members in 2024, accounting for more than half (52%) of such injuries. The research, which IMCA has published each year since 1996, found that the total lost-time injury rate (LTIR) across its contributing Members’ onshore and offshore operations remained unchanged at 0.3 incidents per million hours worked. Continue reading “IMCA Safety Statistics Report 2024: Line of Fire incidents leading cause of LTIs”

Black Sea MoU Annual Report 2024

Port State control in the Black Sea Region Annual Report 2024
Port State control in the Black Sea Region Annual Report 2024

The Black Sea MoU has published its Annual Report for 2024, detailing its actions and presenting key Port State Control (PSC) data. The 2024 reporting period was significantly impacted by the ongoing armed conflict between the Russian Federation and Ukraine, which continued to pose serious risks to the safety and security of crews and vessels operating in the region, conflicting with the BS MoU’s objectives. Continue reading “Black Sea MoU Annual Report 2024”

USCG PSC Annual Report 2024

USCG PSC Annual Report 2024
USCG PSC Annual Report 2024

The United States Coast Guard (USCG) has released the U.S. Port State Control (PSC) Annual Report for 2024. The report said in 2024, a total of 11,273 individual vessels, from 79 different flag administrations, made 84,034 port calls to the U.S. 8,710 PSC exams were conducted. These exam numbers increased over the 2023 total of 8,278. The total number of ships detained in 2024 for environmental protection, safety, and security related deficiencies decreased from 101 to 82. Continue reading “USCG PSC Annual Report 2024”

Tokyo MOU Annual Report 2024 published

Tokyo MOU 2024 annual report published
Tokyo MOU 2024 annual report published

The Tokyo MOU has released its Annual Report 2024, which conducted 32,054 inspections, which is four times the number of inspections undertaken three decades ago.

The Tokyo MOU noted that the detention rate has decreased 0.6 percentage points in 2024, continuous attention and emphasis needs to be paid as the level of detentions is still higher than that of the pre-pandemic period and almost the same level as that of ten years before. Furthermore, in 2024, the number of under-performing ships are nearly double that of the previous year, which indicates the condition of ships in the region is becoming worse. An analysis Continue reading “Tokyo MOU Annual Report 2024 published”

Fires and collisions account for the largest losses according to Cefor

Cefor logoThe Nordic Association of Marine Insurers (Cefor) has released its 2024 hull trends from the Nordic Marine Insurance Statistics (NoMIS), highlighting the rise of machinery damage in an ageing fleet, whilst fires and collisions account for the largest losses.

The Nordic Association of Marine Insurers (Cefor) has published its 2024 Ocean Hull and Coastal Hull reports, based on the Nordic Marine Insurance Statistics (NoMIS) database.

According to the data, machinery damage has showed a substantial increase in recent years, which should be seen in the context of an ageing fleet. Continue reading “Fires and collisions account for the largest losses according to Cefor”

UK MAIB releases first safety digest of 2025

Maib Safety Digest 1/2025The UK Marine Accident Investigation Branch (MAIB) has published its first safety digest of the year. Safety Digest 1/2025 draws the attention of the marine community to some of the lessons arising from investigations into recent accidents and incidents. This information is published to inform the merchant and fishing industries, the recreational craft community and the public of the general circumstances of marine accidents and to draw out the lessons to be learned.

The sole purpose of the MAIB safety digest Continue reading “UK MAIB releases first safety digest of 2025”

IACS publishes 2024 Annual Review

IACS LogoIACS, the membership organisation for the world’s leading classification societies, has published its 2024 Annual Review, which highlights the central role played by IACS in supporting safety standards in global shipping.

In a year that marked the 50th anniversary of the adoption of the SOLAS Convention, safety was at the forefront of IACS’s work programme for 2024. This was exemplified by the new Safe Digital Transformation Panel, which began its important work to identify and mitigate any safety risks posed by shipping’s ongoing digital transformation. Continue reading “IACS publishes 2024 Annual Review”

New report data highlights dangers of maritime cyber threats

The lifecycle dilemmaOnly 1 in 6 shipowners fully understand what a cyber-secure vessel should look like upon delivery, highlighting a critical gap in the industry’s approach to maritime cybersecurity. The report, jointly published by Thetius, CyberOwl, a DNV company and HFW, explores key stakeholder challenges and approaches to managing cybersecurity and cyber threats across the lifecycle of a vessel.

The Lifecycle Dilemma: Navigating Cybersecurity Risks Across Designing, Constructing and Operating a Vessel delves into the shifting risks and disconnected approaches in cybersecurity across each stage from initial design Continue reading “New report data highlights dangers of maritime cyber threats”

Cyprus reports key PSC trends and deficiencies 2022-2024

The Republic of Cyprus Shipping Deputy Ministry has published a report on the Port State Control (PSC) Performance of the fleet of Cyprus.

In its fourth Report on Cyprus Fleet Port State Control Performance, the organisation includes the Statistical Data Analysis of Cyprus flagged Detained Ships worldwide for the last three consecutive years (2022-2024). Key findings from the report are as follows: Continue reading “Cyprus reports key PSC trends and deficiencies 2022-2024”

ABS Port State Control 2024 Q4 Report

ABS Port state q4 2024ABS has released its latest Quarterly Port State Control (PSC) Report which provides information about deficiencies identified on ABS vessels during inspections carried out by the various PSC regimes globally during the last quarter of 2024.

There were 465 total detained vessels in the fourth quarter per Paris MoU, Tokyo MoU and USCG. Of those detained, only 22 vessels were ABS classed vessels. For period 1 October to 31 December 2024, the top categories for Port State Control (PSC) detentions on ABS vessels in the Paris Memorandum of Understanding (MoU), Tokyo MoU and the United States Coast Guard (USCG) database are as follows: Continue reading “ABS Port State Control 2024 Q4 Report”

U.S. Coast Guard 2023 Flag State Control Domestic Report

USCG Logo - Flag State Control Domestic ReportThe U.S. Coast Guard’s Office of Commercial Vessel Compliance has published its 2023 Flag State Control Domestic Annual Report. This report highlights U.S. domestic fleet inspection, deficiency, and marine casualty statistics and serves as a powerful tool that highlights trends, identifies key performance indicators, and draws attention to findings over the past calendar year.

The report presents information reflecting the U.S. Flag fleet including barges, cargo vessels, passenger vessels, vessels operating on the Outer Continental Shelf, research and school ships, fishing vessels, and towing vessels. Continue reading “U.S. Coast Guard 2023 Flag State Control Domestic Report”

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