Piracy – Tanker Owners to Expore 'War Zone' Option

Ship Management International
Monday, May 14, 2012

INTERTANKO to discuss with insurers & charterers reclassification of Somali waters as a 'War Zone' instead of 'War Risk Zone' in order to avoid transits

The controversial move was agreed at last week’s INTERTANKO Council meeting in Singapore and negotiating an acceptable outcome could be one of the first tasks to be undertaken by the association’s newly voted-in Managing Director Katharina Stanzel when she takes over as head of the secretariat on July 1st.

Joe Angelo, INTERTANKO’s outgoing Managing Director, said “We will look into the issue of making the area a war zone. By making it a war zone, it gives the owner the option of whether he wants to go through the zone or not. If it is a war risk area they have to go through it and deal with the issues associated with that. There is a big difference.”  According to Sean Moloney of SMI.

Mr Angelo, who will return to his previous position of Deputy Managing Director and Director for Regulatory Affairs and the Americas, said reclassification of the pirate attack waters would enable owners to better protect their crew. “But there will be a clear understanding between the owner and the charterer on what is happening. It was proposed at our Council meeting and we have to decide how best to approach this. We will start by talking to the insurance market.”
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Libyan Oil Port Re-Opening Delayed

Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port,

Pirates Approach Tanker in Bab El Mandeb

The U.S. Navy Maritime Liaison Office in Bahrain (MARLO) has advised that on or about 12:30 UTC on 14 April, the Master of an oil tanker reported being approached by a white-blue skiff in position 12.

Shippers Turn to Equity Markets as Sector Eyes Recovery

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Maritime Security

Libyan Oil Port Re-Opening Delayed

Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port,

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Captain of capsized S Korean Ferry Arrested

The captain of a South Korean ferry that capsized, leaving 29 people dead and 274 others missing, was arrested on Saturday, the country's Yonhap news agency said.

Maritime Safety

Eugen Maersk 2013 Fire: Summary Findings

The Danish Maritime Accident Investigation Board (DMAIB) has issued a summary report in the English language concerning a fire outbreak aboard the container ship in the Gulf of Aden.

Container Ship Delivers First Boxes to Great Lakes Port

The US Coast Guard say that the 'Fortunagracht', a 450-foot Dutch-flagged container ship, has delivered the first-ever load of containerized cargo to the Great Lakes.

Captain of Korean Ferry Praised Safety in Promotional Video

The captain of a ferry that sank off South Korea's southwestern tip with hundreds feared dead said in a promotional video four years ago that the journey was

Insurance

InterManager Welcomes New Protection for Seafarers

InterManager said it welcomes the adoption of new measures to protect seafarers against abandonment. Amendments to the Maritime Labour Convention 2006, agreed

S.Korean Ferry Master Faces Investigation

The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed

South Korean Ferry Incident Update

Almost 100 ships, 18 helicopters involved in rescue; as many as 340 people from one school thought to be on board. Accident may be South Korea's biggest in 20 years.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0934 sec (11 req/sec)