What Goes Down ...

Marine Technology Reporter
Tuesday, May 21, 2013

... Arguably should come up, but that’s not always the case. The business of salvage and recovery is one of the most unpredictable and harrowing ends of the subsea business, if for no other reason due to the random nature of the business (though if you read Joseph Fonseca’s  article “The Salvage Bonanza” on the previous pages, perhaps it is not always unpredictable.)
To help add perspective to the business, we present here the recent study from Allianz Global Corporate & Specialty’s Safety and Shipping Review 2013 which focuses on key developments in maritime safety during 2012, and analyzes reported shipping losses (of over 100 gross tons) during the 12 months prior to 25 November 2012. The recently released statistics and analysis are an eye opener for any stakeholder and the annual review also examines trends and developments affecting shipping safety, future challenges to safety and looking ahead; some topics to watch. Allianz identifies 106 ship losses in the 12 months to November 25 2012 – up from 91 ships the previous year, but a 27% decrease on the ten year average of 146 ships per annum. Despite this long term downward trend, Allianz says that human error remains the core challenge. Twice as many shipping accidents centered on the seas around South China, Indo China, Indonesia and the Philippines. Shipping losses also occurred more often in the East Mediterranean and the Black Sea or around Japan, Korea and North China (10 losses).
Other key findings of the report: Human error remains a root cause of most incidents. Fatigue, economic pressures, and inadequate training are causes for concern. New regulations focus on the problem of human error. The Maritime Labor Convention (2006) will help improve safety by addressing the welfare and working conditions of seafarers. Major shipping companies have initiated self-regulation initiatives post-Costa Concordia, with the Cruise Lines International Association and the European Cruise Council partnering to lead industry-wide voluntary adoption of policies that go beyond international regulations. Eventually, self-regulation of the industry may become the core driver of safety. Technological improvements such as the introduction of mandatory Electronic Chart Display and Information Systems (ECDIS) in July 2012 are expected to reduce accidents, but only where properly applied with effective training and management oversight.
 

Allianz Global Corporate & Specialty (AGCS) is a leading marine insurer, offering insurance cover for all types of modern shipping. AGCS also offers cargo insurance, covering physical loss or damage to international and domestic goods in transit. AGCS consists of various legal companies operating under the Allianz Global Corporate & Specialty brand. Read the full report at
http://www.agcs.allianz.com/about-us/news/agcs-safety-and-shipping-review-2013/

(As published in the May 2013 edition of Marine Technologies - www.seadiscovery.com)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Salvage

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

Grounded Bulker Repaired, Heads for Japan

The Captain of the Port for Oregon and southern Washington canceled the captain of the port order on the motor vessel Sparna allowing the vessel to leave its mooring at Kalama, Wash.

Ardent Earns ISO 9001:2015 Certification

Ardent, formed just over a year ago as a merger of A.P. Moller-Maersk’s Svitzer Salvage and Crowley’s Titan Salvage, has been issued the ISO 9001:2015 Certification

Casualties

Grounded Bulker Repaired, Heads for Japan

The Captain of the Port for Oregon and southern Washington canceled the captain of the port order on the motor vessel Sparna allowing the vessel to leave its mooring at Kalama, Wash.

Bulker Loses Propulsion off California

The U.S. Coast Guard is monitoring a 587-foot bulk carrier Ultra Lascar after the ship lost propulsion at 10:20 a.m., approximately five miles offshore from Daly City, Calif.

Cyclone Roanu kills 21 in Bangladesh

A cyclone battered coastal Bangladesh on Saturday, killing at least 21 people and injuring many more, but has now weakened into a depression that the weather office

Underwater Engineering

Wood Group Bags Statoil MSA

Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore  and onshore facilities. Work and

Aquabotix Debuts Mini Inspection Class ROV - The Endura

Aquabotix, a marine technology company delivering the accessibility of today’s electronics products to underwater ROVs, announces the immediate availability of the Endura.

Wood Group Develops Advanced Analytics Capability with CeADA

Wood Group today announced that it is collaborating with the Centre for Applied Data Analytics (CeADAR), located at University College Dublin (UCD), to launch a

Subsea Salvage

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

Aquabotix Debuts Mini Inspection Class ROV - The Endura

Aquabotix, a marine technology company delivering the accessibility of today’s electronics products to underwater ROVs, announces the immediate availability of the Endura.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar Winch
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: 6.6601 sec (0 req/sec)