International News

IUMI Stats Report: Small cargo losses increasing, larger losses declining

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The IUMI 2021 Stats Report is available to download
The IUMI 2021 Stats Report is available to download

The International Union of Marine Insurance (IUMI) has published its 2021 analysis of the global marine insurance market in the IUMI Stats report. The report presents a range of statistical data to give an insight into the marine insurance market within the context of global trade and shipping.

Global premiums reported from the offshore energy sector in 2020 were USD 3.6 billion representing an 8.6% increase on 2019. Premium income mirrors the global oil price and it is thought that the bottom of the premium decrease cycle has been reached and that income is now on the rise. However, the oil price remains volatile and was impacted negatively in 2020 due to the pandemic. 2021 has seen an oil price rally but the effects of events such as Hurricane Ida are yet to be known. Continue reading “IUMI Stats Report: Small cargo losses increasing, larger losses declining”

Constellation Cyber Consultancy wins at Seatrade Cyber Security Award

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Constellation Cyber Consultancy winning the awardConstellation Cyber Consultancy wins at the recent Seatrade Awards Virtual, (Middle East, Indian Subcontinent & Africa), held online on Wednesday 3rd November, fifteen more outstanding winners joined maritime’s greatest roll of honour and were recognised for their outstanding achievements; unwavering resilience and inspiring dedication over the last 18 months. The Seatrade Awards, which take place in association with Lloyd’s List, was sponsored this year by ADNOC Logistics & Services, Bureau Veritas and DNV. Continue reading “Constellation Cyber Consultancy wins at Seatrade Cyber Security Award”

Pre-load steel surveys – recommended only for finished steel products

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A man loaded steel rodsFor their mutual members, Gard P&I Club covers the cost of pre-load steel surveys (after any contribution from charterers). Only finished steel cargos justify the costs. In this short article, the Club highlights the type of cargo that is covered by the pre-load steel surveys recommendation.

As a general guideline, the Club will cover the costs involved in owners’ entries pre-loading survey on finished steel products. Accordingly, it is normally recommended that pre-loading surveys be carried out on the following products: Continue reading “Pre-load steel surveys – recommended only for finished steel products”

Conducting an oil tanker operational risk assessment

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Conducting an oil tanker operational risk assessment. Graph of oil tanker operation claims 2019-2020
Conducting an oil tanker operational risk assessment. Graph of oil tanker operation claims 2019-2020

Oil tanker operations are extremely critical due to the significant impact they can have on life, property and the environment should anything go wrong, Shipowners Club has said. To assist in mitigating the risk involved with this trade, several measures are already in place including regulations governing the carriage of oil and the mandatory requirement for all crew to undergo specialised training courses prior to sailing on tankers and oil tanker operational risk assessment are necessary. Continue reading “Conducting an oil tanker operational risk assessment”

Tristar Safety at Sea Conference – Promoting welfare seafarers

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Tristar safety at sea conferenceTristar Group will host its Third Annual “Safety At Sea” conference on 8th December 2021 (1330 UAE time) at the Dubai Expo Site in the India Pavilion. This continued initiative by Tristar, supported by IIMS, Nautical Institute, and IMarEST, is to draw industry and global attention to crew mental health issues and to improve the general well–being of all seafarers.

As business owners and leaders in the maritime industry, the onus is on us to take a leading role to ensure that the mental health of seafarers is no longer a taboo subject and that we create platforms to discuss and put in place an ecosystem that will enable seafarers to Continue reading “Tristar Safety at Sea Conference – Promoting welfare seafarers”

Review study on the Recreational Craft Directive 2013/53/EU

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Review study on the Recreational Craft Directive 2013/53/EU - Final report published
Review study on the Recreational Craft Directive 2013/53/EU – Final report published

The report has been created in line with the review clause set out in Article 52 of the Recreational Craft Directive 2013/53/EU which requires the European Commission (EC) to submit a report to the European Parliament and the Council by 18 January 2022. The final report/study has been carried out by Panteia, TNO and Emisia on behalf of the EU Commission in terms of the Recreational Craft Directive Review 2022 process and has been published. The report can be downloaded in pdf format at the bottom of this article.

The Executive Summary as extracted from the report is as follows. The Recreational Craft Directive (RCD) 94/25/EC, harmonising the provisions related to recreational craft, was adopted by the European Parliament and the Council in June 1994 and was applied from June1996. Directive 2003/44/EC amended the Recreational Craft Directive in 2003 and introduced a set of exhaust and sound emission requirements as well as added the provisions for post-construction assessment. Continue reading “Review study on the Recreational Craft Directive 2013/53/EU”

Need to knows about preventing fires onboard containerships

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What you need to know about preventing fires onboard containerships
What you need to know about preventing fires onboard containerships

A collaboration between Standard Club and David Townsend, Principle Fire Investigator at Andrew Moore & Associates Ltd, has resulted in a helpful loss prevention alert for preventing fires onboard containerships while offering some suggestions for dealing with and improving the situation.

According to Mr. Moore, there has been an increasing number of fires onboard containerships in recent years, some with disastrous consequences, not only for the shipowner and the crew on board but also for the environment and the shipping industry’s reputation. Continue reading “Need to knows about preventing fires onboard containerships”

Guidelines for the shipment of petroleum cargoes issued

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Guidelines for the shipment of petroleum cargoes issued
Guidelines for the shipment of petroleum cargoes issued

The Swedish Club has published helpful cargo guidelines, focusing on petroleum cargoes shipments. The Club said that they wanted to give advice on the shipment of petroleum cargo specifically. A variety of refined petroleum cargoes are transported via the shipping industry. These cargoes are classified by the hydrocarbon range of the products. As the club explains, a common contamination found in refined petroleum products is the presence of particulates. This often leads to a failure in the appearance parameter which states that the cargo should be ‘clear and bright’ and typically leads to further cargo processing operations.

Pre-loading

The ‘HM 50 Guidelines for the cleaning of tanks and lines for marine tank vessels carrying petroleum and refined products’, published by the Energy Institute provide tank cleaning guidelines for switching between various dirty and clean/refined petroleum product grades. Continue reading “Guidelines for the shipment of petroleum cargoes issued”

IMO considers remote surveying at the 104th session of the Maritime Safety Committee

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IMO considers remote surveying at the 104th session of the Maritime Safety Committee
IMO considers remote surveying at the 104th session of the Maritime Safety Committee

The International Maritime Organization (IMO) held its 104th session of the Maritime Safety Committee (MSC) from 4–8 October 2021 and is now considering remote surveying. This meeting was conducted remotely and a number of topics will be of interest to the superyacht, commercial vessel and yacht and small craft leisure sector, including remote surveys, which came up for discussion:

Covid-19 issues. In recognition of the ongoing difficulties faced by seafarers and management companies during the pandemic, the Committee approved a draft assembly resolution on issues relating to seafarers in respect of crew changes, vaccination and ‘key worker’ designation. The resolution urges Member States to: Continue reading “IMO considers remote surveying at the 104th session of the Maritime Safety Committee”

Pathway to Net Zero Emissions report published by DNV

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DNV Gl 'Energy Transition outlook 2021 - executive summary' PowerPointPathway to Net Zero Emissions is a new report by DNV. A feasible path to limit planetary warming to 1.5°C requires certain countries and sectors to go below net zero and to do so well before the middle of the century, according to new analysis from the authors of the Energy Transition Outlook.

Policymakers are set to meet in Glasgow for the COP 26 summit with an eye on achieving zero emissions by 2050. For this to happen, North America and Europe must be carbon neutral by 2042 and then carbon-negative thereafter, according to DNV’s pathway to net zero. The Pathway to Net Zero Emissions report also finds that Greater China must reduce emissions by 98% from 2019 levels by 2050. There are regions that cannot realistically transition completely away from fossil fuels in the same timeframe, such as the Indian Subcontinent, Continue reading “Pathway to Net Zero Emissions report published by DNV”

A catalogue of failures left navy personnel unprepared to fight USS Bonhomme Richard fire reveals investigation report

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The Engine room fire aftermath - Photo credit: US Navy
Photo credit: US Navy

A scathing report extending to more than 400 pages by the US Navy into the fire that destroyed the USS Bonhomme Richard in 2020 has concluded that the loss of the ship was “completely preventable” and that there were major failures within the military chain of command that allowed the fire to destroy the warship.

USS Bonhomme Richard fire on 12 July, 2020, and burned for four days. The report identifies 36 sailors, including five admirals, as having contributed to the loss of the ship. The report concluded that there were “four categories of causal factors that allowed for the accumulation of significant risk and led to an ineffective fire response: the material condition of the ship, the training and readiness of the ship’s crew, the integration between the ship and supporting shore-based firefighting organisations, and the oversight by commanders across multiple organisations”. Continue reading “A catalogue of failures left navy personnel unprepared to fight USS Bonhomme Richard fire reveals investigation report”

ABS Port State Control Quarterly Report for Q3 2021 published

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ABS Quartly control report Q3 2021The American Bureau of Shipping (ABS) Quarterly Report on Port State Control (PSC) provides information to owners on deficiencies identified on ABS vessels during inspections carried out by the various PSC regimes globally during the 3rd Quarter of 2021.

The report is being made available to assist owners by providing awareness of potential areas of concern that have been identified on ABS classed vessels.

Port State Control inspections have proven to be an effective tool for eliminating substandard vessels that may be in operation, which may impact maritime safety and the marine environment. A ship is regarded as substandard if the hull, machinery, equipment, or operational Continue reading “ABS Port State Control Quarterly Report for Q3 2021 published”

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