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Shipowners

Recovery for European Shipowners?

Pic: Maersk Line

 European Shipowners may increase freight rates or renegotiate bunker clauses in the coming year in order to capitalise on lower crude oil prices and consolidate the recovery seen in 2015, reports ICIS.   Bunker fuel prices came down significantly amid lower crude oil prices but some shipowners have been unable to take advantage of this because of the bunker clauses they agreed to.   A bunker clause is an agreement between charterer and shipowner whereby the charterer pays for fuel at the port and then the shipowner reimburses the charterer for the fuel left in the vessel on its return, both at the current price of the ports involved.   “Bunkers are down 50% but I don’t think that the bunker clauses have been covering that so for sure owners will try to renegotiate them so they don’t have to pay [as much]. At the same time, even though freights have dropped a bit, bunker fuel has dropped more so [owners] are better off than they were last year and posting strong results,” one ship operator said.   “I think they’ll try and increase earnings next year [2016] by accepting a lower bunker clause or by pushing freights up,” a European market sources said.  


Hiring Armed Guards Should be Left to Government

 In the wake of an independent report recommending the Netherlands government to provide Dutch shipowners with better levels of protection against piracy, including the hiring of armed guards, Netherlands law firm AKD says that shipowners who directly hire armed personnel themselves could face criminal prosecution.   The so-called De Wijckerslooth Committee report was designed to assess the desirability and possibility of deploying private sector armed security to help protect


Maritime Safety Committee Releases New Interim Guidance

Gray Page, a maritime intelligence, investigation and crisis management company, advised that the IMO's Maritime Safety Committee’s (MSC) recently-approved interim guidance on the employment of privately-contracted armed security personnel (PCASP) to combat piracy underlines the requirement for independent vetting of private armed maritime security providers (AMSP). The MSC guidance, issued in May, incorporates recommendations for flag States confirming that it is the responsibility of


Martek Offers ECDIS Leasing Package

Martek Marine’s leasing package offers an option to adopt ECDIS early, which they said can help shipowners benefit from increased safety and lower costs. ECDIS product specialist Bentley Strafford-Stephenson said, “DNV research has shown that deploying ECDIS may reduce grounding frequency by at least 30%. Grounding is the third most frequent accident involving ships larger than 100GT and the fourth highest contributor to marine fatalities at 12%


Being LNG Ready could be the Best Option for Many Ships

Photo: DNV

DNV now offers shipowners the support they need to make newbuilds and existing vessels LNG ready with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages of the decision-making process as they prepare to meet the IMO air emission regulations entering into force from 2015


ICC: Beware Spurious Oil Fraud Claims

Photo: ICC

The ICC reported that shipowners are facing new dangers from criminal gangs making spurious oil fraud claims. The “victims”/fraudsters try to extort money from owners by bringing action against them for failing to deliver cargoes of oil they allegedly own. Such scams were previously confined to West Africa, ICC said, but now appear to have spread to other countries, as a case reported recently to the ICC International Maritime Bureau (IMB) shows.


CENSA Merges With ICS

The Council of European and Japanese Shipowners’ Associations (CENSA) has been merged into a newly formed Shipping Policy Committee of the International Chamber of Shipping (ICS) effective January 1, 2002. CENSA has provided a platform for national shipowners’ associations in Europe and Japan to promote open and fair international shipping markets, and multilateral rather than unilateral regulation with regard to commercial shipping policy.


Shipowner Aponte Honored

At a ceremony held in the Villa Doria D’Angri at Posillipo in Naples presided over by Professor Gennaro Ferrara rector of the University Studi of Naples “ Parthenope” shipowner Gianluigi Aponte was awarded an honoury degree in Maritime Economics and Transport.


E.R. Schiffahrt Goes Global with Viking

Photo courtesy Viking Life-Saving Equipment

Viking Life-Saving Equipment and E.R. Schiffahrt have teamed up to design a fully customized, global servicing arrangement based on Viking’s Shipowner Agreements. The contract covers liferafts, lifeboats, immersion suits, lifejackets and marine fire systems and equipment such as fire extinguishers on more than 30 vessels of the shipowner’s fleet. The plan is for Viking to manage not just service notifications, but also the coordination of all servicing. 


IMO Sec-Gen Keynotes International Maritime CSR Conference

CSR Conference: Photo courtesy of Maritime Denmark

More than 200 stakeholders from the maritime world gathered at the Culture Yard in Elsinore, Denmark, where the World Maritime University, in collaboration with the Danish Shipowners' Association, hosted a major international conference focusing on maritime CSR (Corporate Social Responsibility). The conference was part of the thrust to formulate maritime CSR policies and to implement them by self-regulation, an area in which analysts consider the shipping industry has been slow to adopt


Bureau Veritas Launches Ballast Water Management Platform

Photo: Bureau Veritas

As the Ballast Water Management (BWM) Convention’s D1 September 8 deadline looms, ship owners must secure International BWM Certificates and approved BWM plans for their ships. Bureau Veritas said it is addressing the challenge with its new platform


BIMCO, Shipdex Joins for Data Digitalization

Photo: BIMCO

 BIMCO and Shipdex have signed an agreement to support the development and exchange of technical and logistic data across the shipping community, and to include BIMCO as an executive member of Shipdex steering committee.   The agreement was signed at BIMCO Head office


GC Rieber Gets Extension for 'Polar Onyx'

Polar Onyx. Photo: GC Rieber

 Norwegian offshore shipowner GC Rieber Shipping has entered into an agreement to extend the fixed contract period for "Polar Onyx," according to a press release.   The agreement secures the ship until the end of August 2017


DNV GL Updates NOx TIER III Compliance Guide

Photo: DNV GL

Classification society DNV GL has developed a new brochure to offer a set of best practices for the design of ships subject to NOx Tier III requirements. It also offers guidance on the considerations that should be taken into account at the newbuilding stage.


Shipowners Welcome EU Maritime Transport Policy

Photo: European Community Shipowners’ Associations (ECSA)

 European Transport Ministers have adopted conclusions on the priorities for the EU’s maritime transport policy until 2020, says a press statement.   The conclusions endorse the content of the so-called “Valletta Declaration” adopted at the informal ministerial


Langh Tech Scrubber Honored

Photo: Langh Tech

The scrubber from Langh Tech received the Baltic Sea Clean Maritime Award at the Baltic Sea Forum in Berlin. The third-place award was handed to Langh Group’s Chairman of the Board, Maritime Counsellor Hans Langh by Professor Kurt Bodewig, European Coordinator Baltic-Adriatic.  


ETF, ECSA Join for Digitalisation in Shipping

Photo: European Community Shipowners Associations (ECSA)

 European seafarers and shipowners highlight the importance that shipping is urgently better served by smart digital solutions to finally decrease the administrative burden they face.   European Transport Workers' Federation (ETF) and European Community Shipowners' Associations (ECSA)


Abandonment of Seafarers on Agenda

Photo:  International Maritime Organization (IMO)

 Seafarer abandonment was the subject of a seminar held at  International Maritime Organization (IMO) Headquarters, London (22 June) – a joint IMO-Consular Corps of London event.    Diplomats and consular officers involved in dealing with abandonment cases heard


MacGregor, ESL Shipping Pact on Autonomous Crane

Pic: Cargotec

 MacGregor, part of Cargotec, and ESL Shipping Oy, part of Aspo Plc, have agreed to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes. It is designed to offer safety and efficiency advances.   


Piracy Situation Serious in Gulf of Guinea

Photo: European Community Shipowners’ Associations (ECSA)

 European shipowners are concerned about the continued piracy, armed robbery attacks and kidnapping for ransom events in the Gulf of Guinea (GoG), and particularly off Nigeria.   According to the latest International Maritime Bureau (IMB) Piracy report in total 33 vessels were boarded


Cyprus Chamber of Shipping Welcomes New Legislation

Photo: Cyprus Shipping Chamber

 The Cyprus Chamber of Shipping has hailed the unanimous decision by MPs to forward for a vote the legislation that will define three new branches of the executive – shipping, tourism and development, reports Financial Mirror.  


Wärtsilä Ensures Compliance with the Polar Code

Photo: Wärtsilä

 1 January 2017 was a historic milestone in the protection of our polar waters for future generations. On that day, International Maritime Organization’s (IMO) International Code for Ships Operating in Polar Waters (the Polar Code) came into force.  


Alfa Laval Signs BWT Pact with Two Shipowners

Photo: Alfa Laval

Alfa Laval signs major frame agreements for ballast water treatment retrofitsIn June, Alfa Laval signed frame agreements with two different shipowners for the supply of Alfa Laval PureBallast systems.    The systems will be delivered during a three-year period and retrofitted on


ABS Completes EU MRV Monitoring Plan Assessment

ABS said it has completed a monitoring plan assessment for the lead vessel in the Prime Tanker Management fleet, as the deadline for marine owners and operators to submit monitoring plans is fast-approaching.    Central to the EU MRV requirements are key deadlines for shipowners and


European Shipowners Welcome IMO Meeting Outcome

Photo: European Community Shipowners’ Associations (ECSA)

 European Community Shipowners’ Associations (ECSA) representing the European shipowners believe that important progress was made last week at the International Maritime Organziation’s (IMO) Marine Environment Protection Committee (MEPC) meeting.  






 
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