International News

IUMI 2020 analysis of the global marine insurance market has been published

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An insight into the marine insurance market is provided by the IUMI 2020 analysis of the global marine insurance market
An insight into the marine insurance market is provided by the IUMI 2020 analysis of the global marine insurance market

International Union of Marine Insurance (IUMI) has released its IUMI 2020 analysis of the global marine insurance market – also known as IUMI Stats. The report presents a range of statistical data from a variety of sources, including IUMI’s own data, to provide an insight into the marine insurance market within the context of global trade and shipping.

IUMI’s Secretary General, Lars Lange explains:
“Working with a number of valued partners, our Facts and Figures Committee has produced this year’s statistical analysis which also includes insight and opinion. IUMI collects data on global marine premiums which we present alongside loss ratios, claims and other data. Whilst our data Continue reading “IUMI 2020 analysis of the global marine insurance market has been published”

RMI flagged vessels require cyber risk management measures from January 2021

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RMI flagged vessels require cyber risk management measures from January 2021
RMI flagged vessels require cyber risk management measures from January 2021

The Republic of the Marshall Islands (RMI) has published a reminder that all RMI flagged ships, (including yachts), subject to the International Safety Management (ISM) Code, are required to integrate appropriate cyber risk management measures into their Safety Management Systems (SMS) by the first annual verification of the company’s Document of Compliance after 1 January 2021.

The ISM Code, supported by the IMO Resolution MSC.428(98), requires ship owners and managers to assess cyber risk and implement relevant measures across all functions of their safety management system. This resolution calls companies to Continue reading “RMI flagged vessels require cyber risk management measures from January 2021”

Frequency of containerised cargo fires shows no sign of decreasing

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Frequency of containerised cargo fires shows no sign of decreasing
Frequency of containerised cargo fires shows no sign of decreasing

Despite the important steps that shipping has taken to address the problem of containerised cargo fires, Gard estimates that so far in 2020, there has been one fire involving containers every two weeks. Are Solum, Senior Claims Executive at Arendal, indicates there has been no shortage of smaller fires, near misses on-board and fires taking place in containers within terminal areas.

Statistics suggest that the frequency of containerised cargo fires occuring is not decreasing. By Gard’s count and on average there has been roughly one fire every two weeks so far in 2020. Continue reading “Frequency of containerised cargo fires shows no sign of decreasing”

DNV GL hits 20,000 remote surveys as it opens its new Operational Centre in Hamburg

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DNV GL hits 20,000 remote surveys as it opens its new Operational Centre in Hamburg
DNV GL hits 20,000 remote surveys as it opens its new Operational Centre in Hamburg

A new state-of-the-art Operational Centre to support the delivery of remote services to maritime customers has been launched in Hamburg, Germany, by the world’s leading classification society, DNV GL – Maritime. The launch also marks the two-year anniversary of DNV GL’s fleet wide roll-out of remote surveys and the milestone of 20,000 remote surveys delivered. This is DNV GL’s second Operational Centre dedicated to the delivery of remote services; the first was launched in Oslo in 2019.

“The launch of this cutting-edge facility is a clear demonstration of our commitment to making our experts even more accessible to our customers, whenever they need them,” said Geir Dugstad, DNV GL – Maritime Director Ship Classification and Continue reading “DNV GL hits 20,000 remote surveys as it opens its new Operational Centre in Hamburg”

$200m for Brisbane marina to create super shipyard in superyacht building boom

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$200m for Brisbane marina to create super shipyard in superyacht building boom
$200m for Brisbane marina to create super shipyard in superyacht building boom

A proposed AUS $200 million redevelopment of Brisbane’s Rivergate Marina in Murarrie would make the shipyard the largest superyacht refit and maintenance hub in the Asia-Pacific region, according to the Brisbane Times, in a superyacht building boom.

Documents lodged with Brisbane City Council show the 8.4-hectare shipyard and marina could be refurbished to include three massive sheds to house superyachts while they are repaired or refitted.

The application lodged by Rivergate Marina would be completed in several stages, with a code assessable application for the sheds and a AUS $35 million ship lift in Continue reading “$200m for Brisbane marina to create super shipyard in superyacht building boom”

Canadian Government publishes new Marine Navigation Safety Regulations to improve maritime safety

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Canadian Government publishes new Marine Navigation Safety Regulations to improve maritime safety
Canadian Government publishes new Marine Navigation Safety Regulations to improve maritime safety

The Government of Canada has published new Marine Navigation Safety Regulations 2020, which now apply to commercial vessels of all sizes, including fishing vessels, workboats, water taxis and ferries.

The regulations represent a consolidation of nine existing sets of marine safety regulations into a single one that:
– provides clearer and more up to date language on required navigational safety equipment;
– requires vessel owners to have equipment to help reduce the risk of collisions that could cause pollution, like oil spills, and threaten endangered marine life, such as Continue reading “Canadian Government publishes new Marine Navigation Safety Regulations to improve maritime safety”

Preliminary ATSB investigation report suggests heavy corrosion led to APL England loss of containers

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Heavy corrosion led to APL England loss of containers
Heavy corrosion led to APL England loss of containers

The 5,780 TEU APL England was rolling and pitching heavily in rough seas and high winds when it lost 50 containers overboard about 46 nautical miles south-east of Sydney on 24 May 2020, Australian Transport Safety Bureau (ATSB) said in its preliminary investigation report. While investigation is ongoing, the initial findings suggest heavy corrosion in many of the ship fittings, including lashing eyes, lashing bridges and deck structures.

The APL England was travelling down the east coast of Australia, when the Bureau of Meteorology issued regular forecasts regarding a complex low pressure system developing off the south-east of the country, with gale force wind warnings. Continue reading “Preliminary ATSB investigation report suggests heavy corrosion led to APL England loss of containers”

The IIMS surveyor network is proving its worth

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Strange and positive things can and do happen at times of great adversity it seems. And let’s face it, the world is facing adversity like no other most of us will have seen. I repeatedly hear from small craft surveyors around the world that they have had their busiest ever year. Yes, the rules of survey have changed, but many people in the world have decided this is the perfect time to purchase a boat remarkably. Equally cargo and commercial ship surveyors are reporting that they too are busy. But again, the rules of engagement and survey are different now.

A number of members have informed me that they are Continue reading “The IIMS surveyor network is proving its worth”

Superyacht Life Foundation takes on the negative press surrounding the upscale yachting sector

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Superyacht Life Foundation looks to set the record straight. Photo credit: Jeff Brown, Breed Media
Superyacht Life Foundation looks to set the record straight. Photo credit: Jeff Brown, Breed Media

What happens when there are editorial gaps in a newspaper? According to Mark de Jong, Marketing Manager for Superyacht Life Foundation, newspapers fill them in with ‘salacious stories’.

Mark is referring to the superyacht industry which hasn’t had an easy time growing up while represented by Bond villains and super-rich owners whose wealth makes them a natural target. De Jong believes the hereditary animosity about the superyacht industry has come from its tendency to be highly secretive. When you consider the products, the owners and the money involved, you can understand why. But, de Jong says, the secrecy has been taken to the extreme and that’s why the foundation has been set up, to counter the negativity and to shine a spotlight on the positives that the industry abounds with – like craftsmanship.

Continue reading “Superyacht Life Foundation takes on the negative press surrounding the upscale yachting sector”

IMO webinars put fishing vessel safety high on agenda

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Fishing vessel safety is the subject of a series of IMO regional webinars
Fishing vessel safety is the subject of a series of IMO regional webinars

One year after the well-attended Torremolinos Conference, IMO is launching a series of regional webinars in a renewed push to encourage ratification of a key treaty to bring in global enforceable standards for fishing vessel safety.

The webinars, launching in Latin America and the Caribbean in November, will bring together key stakeholders involved in fishing from across governments and highlight the benefits of the Cape Town Agreement, which was adopted by IMO in 2012. The Agreement, once in force, will bring in mandatory international safety requirements for fishing vessels of 24 metres in length and over, including provisions addressing stability and associated seaworthiness, machinery and electrical installations, life-saving appliances, communications equipment and fire protection, as well as fishing vessel construction.

Continue reading “IMO webinars put fishing vessel safety high on agenda”

USCG to update type approval requirements for survival craft equipment

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USCG to update type approval requirements for survival craft equipment
USCG to update type approval requirements for survival craft equipment

The US Coast Guard (USCG) is proposing to update the type approval requirements for survival craft equipment required to carry on U.S. flagged vessels. The proposed rule is deregulatory and would remove US Coast Guard type approval requirements for nine of these types of survival craft equipment and replace them with the requirement that the manufacturer self-certify that the equipment complies with a consensus standard.

Comments and related material must be received by the US Coast Guard on or before December 4, 2020.

The US Coast Guard proposes to amend several approval and carriage requirements Continue reading “USCG to update type approval requirements for survival craft equipment”

AMSA report: Serious marine incidents increase in 2018-2019 in Australian waters

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Serious marine incidents increase in 2018-2019 in Australian waters
Serious marine incidents increase in 2018-2019 in Australian waters

AMSA received a total of 12,349 marine incident reports in the period 2016 to 2019, according to the first marine incident annual report for regulated Australian and foreign flagged commercial vessels in Australian waters. The data suggests a significant upward trend in serious incidents between 2018 and 2019, demonstrating the need for a concerted effort on improving safety.

The 2019 annual report presents an analysis of marine incidents including fatalities reported to AMSA. The vast majority of incidents are of a technical nature (78.4%).

The increased reporting rate is a positive sign in terms of industry commitment to safety, and suggests that industry engagement initiatives are yielding results. Continue reading “AMSA report: Serious marine incidents increase in 2018-2019 in Australian waters”

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