Industry Developments

 

New E-Zero initiative will recognize exceptional compliance

The Coast Guard’s Office of Commercial Vessel Compliance is pleased to announce the QUALSHIP 21 E-Zero Program, which officially commences July 1, 2017. http://mariners.coastguard.dodlive.mil/2017/04/14/4142017-new-e-zero-initiative-will-recognize-exceptional-compliance/

IACS “anxious” about Stellar Daisy loss

 

The head of the International Classification Societies says he’s ready from any defects or mistakes made in the run up to the recent sinking of the Stellar Daisy VLOC. http://splash247.com/iacs-anxious-stellar-daisy-loss/

 

Actions for sustainable blue economy in Med

 

The European Commission launches a new initiative for the sustainable development of the blue economy in the Western Mediterranean region. The region covers economic hubs like Barcelona, Marseille, Naples and Tunis. It also includes tourist destinations like Balearic Islands, Sicily and Corsica. http://www.green4sea.com/actions-for-sustainable-blue-economy-in-med/

Dry Bulk: Newbuilding Prices Inch Higher

 

A slight increase in demand, at least in terms of enquiries, has prompted shipbuilders to try to move newbuilding prices for dry bulk units to higher ground. http://www.hellenicshippingnews.com/dry-bulk-newbuilding-prices-inch-higher/

 

Brazilian CSN terminal outage threatens capesize market

 

Average cape earnings down 10% on week as outlook turns bearish. Capesize bulker markets face fresh traffic disruption following the reported halt of operations at Brazil’s Itaguaí terminal, operated by mining firm Companhia Siderúrgica Nacional. https://www.lloydslist.com/ll/sector/dry-cargo/article554111.ece

Dry bulk market springs a surprise but sweats on slower second half

 

Maritime Strategies International (MSI), a leading independent research and consultancy has forecast a positive short term outlook for dry bulk freight rates, but has cautioned on second half prospects. MSI notes a persistent and positive shift in dry bulk market sentiment in recent weeks, with most Baltic indices at their highest point of the year. http://www.hellenicshippingnews.com/dry-bulk-market-springs-a-surprise-but-sweats-on-slower-second-half/

Seafarers’ payment during piracy discussed at ILO meetings

 

The International Marine Contractors Association (IMCA) actively participated, on behalf of the Maritime Employers’ Group, in the International Labour Organization (ILO) Working Group of the Special Tripartite Committee (STC), established under the Maritime Labour Convention (MLC) – the international treaty covering minimum working and living standards for seafarers. http://www.safety4sea.com/seafarers-payment-during-piracy-discussed-at-ilo-meetings/

Singapore launches second maritime leaders training programme

Port authorities partnered Singapore Management University with Human Capital Leadership Institute to host programme. https://www.lloydslist.com/ll/sector/ports-and-logistics/article554143.ece

 

DNV GL verifies compliance with EU MRV regulation

DNV GL recently announced that it gained the accreditation from German accreditation body DAkkS to verify compliance with the EU Monitoring, Reporting and Verification (EU MRV) regulation. The regulation, part of the EU’s commitment to reduce greenhouse gas emissions, requires operators to monitor and report on CO2 emissions based on ship fuel consumption. It applies to all merchant ships of 5,000 GT or above calling at EU (and EFTA) ports. http://www.green4sea.com/dnv-gl-verifies-compliance-eu-mrv-regulation/

 

15 April 2017 - 21 April 2017

THIS WEEK’S HEADLINES SELECTED BY INTERCARGO

 

Leaking Polaris VLOC held off South Africa

 

Update: Incident is second in a week for Polaris following loss of the Stellar Daisy. A Polaris shipping-owned very large ore carrier has been held off South Africa with hull cracks. https://www.lloydslist.com/ll/sector/ship-operations/article553441.ece

 

Change hopefully happens

 

After loss of Stellar Daisy with 22 seafarers we might hope there will be an eagle eye cast over similar conversions and a tightening-up of structural inspection. Different ships, different long splices, said the old seafarers. What’s the difference between a very large crude carrier and a very large ore carrier? Apart from the obvious major differences in the general arrangements, there are others revolving around the structural stresses which the very different cargo will impose upon the ship. https://www.lloydslist.com/ll/sector/dry-cargo/article553216.ece

 

Shipping safer with maritime pilots, IMO says

Maritime pilots are a strong and essential link in the structure that underpins the safety of international shipping. This was the message delivered by IMO Secretary-General Kitack Lim to the 70th meeting of the International Maritime Pilots’ Association (IMPA) in Rome, Italy, on April 11. http://www.safety4sea.com/shipping-safer-with-maritime-pilots-imo-says/

Australia: Up to 13Mt of Old coking coal exports to be delayed

 

Between 12-million and 13-million tonnes of coking coal exports will likely be delayed from Queensland, following ex-Tropical Cyclone Debbie. http://www.hellenicshippingnews.com/australia-up-to-13mt-of-qld-coking-coal-exports-to-be-delayed/

Argentina to require ballast chlorination

 

West of England P&I Club informs that its correspondents Liquidadores, Buenos Aires, have advised about demands being made by the Sanitary Authorities at the Port of San Lorenzo, Argentina, for vessels, to produce a certificate of chlorination pertaining to the ballast waters on-board. http://www.green4sea.com/argentina-to-require-ballast-chlorination/

Gibraltar sees close encounter of the bulker kind

Japanese supramax almost  runs into Greek capsize after being struck by strong gust of wind. http://www.tradewindsnews.com/drycargo/1241399/gibraltar-sees-close-encounter-of-the-bulker-kind

 

IUMI notes growing number of major vessel casualties

 

Marine insurers and underwriters will continue to face challenges in the days ahead as major vessel casualties ticked higher over 2016, said the International Union of Marine Insurance. https://www.lloydslist.com/ll/sector/insurance/article553423.ece

China sends back North Korean coal shipments, buys more from the US

China appears to be serious about its ban on North Korean coal, ordering Chinese trading companies to return millions of tonnes of coal back to its nuclear-obsessed neighbor. http://www.hellenicshippingnews.com/china-sends-back-north-korean-coal-shipments-buys-more-from-the-us/

Panamax bulkers look for further gains after earnings hit 39-month high

Mood is buoyant on coal shipments from US after cyclone disrupts Australian exports and South American grains. Spot markets of panamax bulkers look set to remain bullish on healthy vessel demand for grains from the east coast of South America and coal shipments from major exporting nations other than Australia, where traffic has been disrupted in the wake of Cyclone Debbie. https://www.lloydslist.com/ll/sector/dry-cargo/article553718.ece

Studying potential consequences of climate change in Rotterdam port

Rotterdam port Authority has announced that the port area is effectively protected against floods. While most of the port area is situated outside the dikes, these port sites are elevated relatively high above sea level and are partly protected by storm surge barriers. Only under particularly extreme weather conditions will a small number of companies be affected by limited flooding. http://www.green4sea.com/studying-potential-consequences-of-climate-change-in-rotterdam-port/

 

 

 

8 April 2017 - 14 April 2017

INTERCARGO calls for Stellar Daisy probe

INTERCARGO has called on relevant parties in the Stellar Daisy incident to submit a casualty investigation report to the International Maritime Organization in a timely matter to address industry safety concerns. https://www.lloydslist.com/ll/sector/dry-cargo/article553366.ece

Cargo vessel sinks off Uruguay

Twenty-two crew members are missing, after a South Korean cargo vessel probably sank in the South Atlantic, about 2,500km off Uruguay. Two sailors are saved. The “Stellar Daisy” has actually gone missing and is believed to have sunk. http://www.safety4sea.com/cargo-vessel-sinks-off-uruguay/


Stellar Daisy: A message from IMO Secretary-General

The news that the search for survivors from the Stellar Daisy has not yet proven successful is sad indeed. Reports from the Uruguayan Navy indicate that fuel, debris and empty lifeboats have been found but, so far, nothing else. Twenty-two of the ship’s 24 crew members are missing but we always live in hope that a miracle may happen. http://www.safety4sea.com/stellar-daisy-a-message-from-imo-secretary-general/

Suez Canal offers perks to bulk carriers

Vessels bound from Australia and South Africa to Europe are given 75% and 40% discounts. The Suez Canal has introduced a new discount for bulk carriers following similar sweeteners offered top tankers and boxships in previous months. http://www.tradewindsnews.com/incoming/1237723/suez-canal-offers-perks-to-bulk-carriers

Seafarer’s union seeks stricter regulations on Stellar Daisy

The Federation of Korean Seafarer’s Unions condemn the government and Polaris Shipping for the slow response over the disappearance of tore carrier Stellar Daisy and calls for stricter regulations. http://fairplay.ihs.com/safety-regulation/article/4284561/seafarers-union-seeks-stricter-regulations-on-stellar-daisy-loss

Stellas Daisy tragedy throws converted VLOCs into spotlight

Safety checks are being lined up to test the structural integrity of series of oil tankers converted to very large ore carriers after major loss in the Atlantic claiming 22 lives. http://www.tradewindsnews.com/drycargo/1237914/stellar-daisy-tragedy-throws-converted-vlocs-into-spotlight

Queensland coal ports start to re-open

But several mining companies call force majeure on mines feeding Dalrymple Bay Coal Terminal. Coal export facilities in the Australia state of Queensland have begun to re-open in the wake of last week’s Cyclone Debbie. http://www.tradewindsnews.com/drycargo/1237475/queensland-coal-ports-start-to-re-open

Another BWTS company applies for USCG approval

Ecochlor announced that it has filed an application with the USCG for Type Approval for their Ballast Water Treatment System (BWTS).  Upon USCG approval, the Ecochlor® BWTS aims to extend the range of options for shipowners beyond UV and electrochlorination technologies. http://www.green4sea.com/another-bwts-company-applies-for-uscg-approval/

How ETS could be problem to EU shipping

Following the recent vote of the European Parliament to include shipping in the Emission Trading Scheme of the European Union, some weeks ago, Hapag-Lloyd company stated that this poses a huge problem in the industry, as it could significantly change it. http://www.green4sea.com/how-emissions-trading-scheme-could-be-problem-to-eu-shipping/

Dry Bulk Market Showing Signs of Strain

Optimism is easy to find these days, when it comes to the prospects of the dry bulk market, especially after March’s fine performance of the Baltic Dry Index (BDI), the industry’s main benchmark. http://www.hellenicshippingnews.com/dry-bulk-market-showing-signs-of-strain/

 

 

1 April 2017 - 7 April 2017

 

EU transport ministers back IMO over emissions in Valletta Declaration

EU transport ministers called on EU member states and the European Commission to work with the IMO to produce an ambitious greenhouse gas emission strategy in 2018, as provided for by the IMO's October 2016 road map. http://fairplay.ihs.com/safety-regulation/article/4284226/eu-transport-ministers-back-imo-over-emissions-in-valletta-declaration?utm_source=Eloqua&utm_medium=email&utm_campaign=%5BPMP%5D_PC9157_FDN%20310317%20-2_FP_Deployment

 

Malaysia extends bauxite mining ban

Malaysia has extended a ban on bauxite mining for a further three months as it looks to halt environmental damage caused by excessive mining. http://www.tradewindsnews.com/drycargo/1234253/malaysia-extends-bauxite-mining-ban

How to reduce the risk of liquefaction onboard

The London P&I Club has released a joint publication, in cooperation with TMC Marine and Bureau Veritas, to provide operational guidance for vessels that carry cargoes which may liquefy. The Club notes that, although significant progress on the issue has been made so far, the liquefaction phenomenon continues to be as relevant today in 2017. http://www.safety4sea.com/how-to-reduce-the-risk-of-liquefaction-onboard/

US Cracks down on Ballast Water Management extensions. CMA 2017: Stringent requirements for granting extensions puts programme under question post 2018.

In an effort to force owners and operators to comply with the ballast water management convention the US Coastguard is cracking down on its ballast water management extension programme and will not grant any extentions past 2021. https://www.lloydslist.com/

IMO announces GloBallast successful completion

The International Maritime Organization (IMO) notified that a decade-long project, which aimed to promote implementation of an international treaty, stemming the transfer of potentially invasive species in ships’ ballast water, has reached a successful conclusion at a meeting of stakeholders from Governments, industry and UN bodies. http://www.green4sea.com/imo-announces-globallast-successful-completion/

 

Ship returns to Tauranga after hull cleaning

 

A Panama-flagged bulk carrier has recently become the first foreign shipordered to leave New Zealand waters after found ‘dirty’. Now the ship has been allowed to leave the port of Tauranga after its hull was cleaned outside New Zealand, the Ministry for Primary Industries (MPI) confirmed. http://www.green4sea.com/ship-returns-to-tauranga-after-hull-cleaning/

Risks of alcohol and drug consumption onboard

Irish Department of Transport, Tourism and Sport issued a Marine Notice to remind the public of the risks associated with the consumption of alcohol and/or drugs when operating or being on board a recreational craft or any vessel in Irish waters. http://www.safety4sea.com/risks-of-alcohol-and-drug-consumption-onboard/

 

US faces dry bulk capacity crunch

CMA 2017: Bulkers to fall short of US ballast water management regulations. The US dry bulk market is facing down a severe shortfall of vessels as ballast water management regulations start to take effect. https://www.lloydslist.com/ll/sector/dry-cargo/article552378.ece

Baltic index rises on strong demand for larger vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year high on Monday on higher demand for larger vessels. http://www.hellenicshippingnews.com/baltic-index-rises-on-strong-demand-for-larger-vessels/

Baltic Exchange Unveils Changes to Dry Bulk Indices

 As part of the changes being made to its Supramax Index, the London-based Baltic Exchange will be launching dual reporting of a new Panamax Index on a trial basis and is in the final consultation process of a new Handysize Vessel dual reporting period for the Handysize Index. http://worldmaritimenews.com/archives/216240/baltic-exchange-unveils-changes-to-dry-bulk-indices/?uid=36152

 

25 March 2017 - 31 March 2017

IMO Sec-Gen highlights future challenges for shipping

IMO Secretary General highlighted IMO’s objectives for the year forward during his opening remarks at the Panama Maritime event, an event held to celebrate Panama on the 100th anniversary of its ship registry. Mr Kitack Lim noted that a big challenge for shipping is to remain sustainable, while meeting the demands for enhanced safety and environmental performance, at the same time. http://www.safety4sea.com/imo-sec-gen-highlights-future-challenges-for-shipping/

MeteoGroup helps companies with EU MRV Regulation

MeteoGroup has announced that FleetGuard, its interactive tool for live fleet monitoring, planning and vessel optimization, helps shipping companies fully comply with the EU and IMO monitoring, reporting and verification (MRV) regulation, which requires companies report on the CO2 emissions of its vessels as of 1 January 2018. http://www.green4sea.com/meteogroup-helps-companies-eu-mrv-regulation/

Shipowners call for MLC improvements

Shipowners are lobbying the Inter-national Maritime Organization (IMO) to improve the system of registering abandonment cases to make the Maritime Labour Convention 2006 (MLC 2006) more effective in helping seafarers in distress. http://www.tradewindsnews.com/weekly/1226732/shipowners-call-for-mlc-improvements

BPA: UK Needs Frictionless Trade Deal with EU after Brexit

 British Ports Association (BPA) has called for a frictionless trade agreement between the UK and EU following Brexit. http://worldmaritimenews.com/archives/215224/bpa-uk-needs-frictionless-trade-deal-with-eu-after-brexit/

China’s coastal coal freight rates mixed in week to Tuesday

Freight rates for shipping coal from northern China’s Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China were mixed in the week to Tuesday, putting an end to steady increases seen in recent weeks, port operator Qinhuangdao Port said Tuesday. http://www.hellenicshippingnews.com/category/shipping-news/dry-bulk-market/

 

Dry Bulk: More than 30 dry bulk carriers are being sold weekly as ship owners invest in market’s rebound

With the Baltic Dry Index (BDI) rebounding firmly and expectations abound that this is only the start of a new sustained recovery phase for the dry bulk market, ship owners are stocking up on new bulker acquisitions, in order to capitalize on the market’s rebound. http://www.hellenicshippingnews.com/dry-bulk-more-than-30-dry-bulk-carriers-are-being-sold-weekly-as-ship-owners-invest-in-markets-rebound/

Argentina: Iron ore imports report 17% decline in year 2016

The country’s iron ore imports declined sharply during the whole of 2016, says latest statistics released by the National Institute of Statistics and Census (INDEC) of Argentina. http://www.hellenicshippingnews.com/argentina-iron-ore-imports-report-17-decline-in-year-2016/

BIMCO: Dry Bulk Industry’s Road to Profitability

The dry bulk shipping industry remains well on target for profitable freight rates in 2019 if the projected fleet supply growth rate of 0% in 2017 continues, according to international shipping association BIMCO. http://worldmaritimenews.com/archives/215415/bimco-dry-bulk-industrys-road-to-profitability/

Greek dry bulk buys buoy fleet strength

Annual Greek Shipping Co-operation Committee survey finds the Greek-owned fleet grew again over the last year. DRY bulk carrier acquisitions have been mainly responsible for a further increase in Greek-owned shipping capacity over the last year. https://www.lloydslist.com/ll/sector/dry-cargo/article551928.ece

Panamax bulkers look for Black Sea support as earnings slide

Average panamax bulker earnings dipped 5.6% in the week as the north Pacific market and US Gulf quietened down, ending the rally that started in end-February. Intermodal suggested that activity in the US Gulf remained "relatively quiet", and combined with the "slight slowdown" in the north Pacific, rates drifted lower. https://www.lloydslist.com/ll/sector/dry-cargo/article551795.ece

 

11 March 2017 - 17 March 2017

 

Regulations should achieve their core purpose, INTERCARGO says

INTERCARGO’s Technical and Executive Committees held their semi-annual meetings in Hong Kong, on 6 and 7 March. This was one more opportunity for INTERCARGO to re-iterate its commitment to a safe, efficient, high quality and environmentally-friendly dry cargo shipping industry and its support for an industry governed by free and fair competition. http://www.safety4sea.com/regulations-should-achieve-their-core-purpose-intercargo-says/

 

Dry bulker freight rates to remain firm with rosy demand, says Platts

 

The current recovery in dry bulk freight markets could continue for the next one to two years, bolstered by a rosy outlook on the demand side, said Platts Asia Freight senior managing editor Pradeep Rajan. Plenty of good news was presented by Mr Rajan, who spoke at Intercargo’s biannual meeting in Hong Kong on Tuesday. https://www.lloydslist.com/ll/sector/dry-cargo/article551458.ece

 

BWM extension program: Latest update

 

The Coast Guard has issued the latest update (March 2017) for the procedures for requesting extensions for compliance with Ballast Water Management regulations found at 33CFR part 151. This update was issued in response to hundreds of extension requests and dozens of questions received by the Coast Guard, which indicate a widespread misunderstanding of the previously issued guidance, and an associated need for additional clarity and certainty for all stakeholders.  http://www.green4sea.com/bwm-extension-program-latest-update/

BIMCO makes fresh call to step up bulkers demolition

Shipping association BIMCO has renewed calls for increased vessel demolition in the dry bulk sector as the overall fleet continues to grow, led by the handymax segment. https://www.lloydslist.com/ll/sector/dry-cargo/article551469.ece

 

Governments carefully weigh up shipping EU ETS

MEPs’ proposal to include shipping in the EU emissions trading system (ETS) from 2023, if the International Maritime Organisation (IMO) fails to agree a global measure to reduce shipping emissions, should be a wake-up call for the UN agency, a senior European Commission official has said. http://www.green4sea.com/governments-carefully-weigh-up-shipping-eu-ets/?utm_source=newsletter&utm_medium=email&utm_campaign=GREEN4SEA+-+daily+10%2F03%2F17

Lessons learned from Gadani ship recycling incidents

Accidents can happen at the best of recycling facilities, LR says. But lessons are learned when procedures aren’t followed at well-organised facilities. Individuals, or companies, are held accountable for not following documented working practices and existing processes are then further improved. http://www.green4sea.com/lessons-learned-from-gadani-ship-recycling-incidents/

Capesizes still headed for scrap despite market rebound

 

In what could only be described as a more than positive omen for the future prospects of the dry bulk market, dry bulk carriers and more notably Capesizes are still being sold to scrapyards, even if the number of vessels offered has declined over the past few weeks. http://www.hellenicshippingnews.com/category/shipping-news/dry-bulk-market/

China’s Feb steel exports slump to three-year low, iron ore down

Chinese steel exports tumbled to a three-year low in February, customs data showed on Wednesday, lower than expectations, as steelmakers in the world’s top producer shifted to meeting rising demand at home. http://www.hellenicshippingnews.com/chinas-feb-steel-exports-slump-to-three-year-low-iron-ore-down/

 

Bad bulker risk for buyers on rise after upkeep cuts

 

Purchasers should not waive inspections as poorly maintained vessels may account for 20% of bulkers being put up for sale. http://www.tradewindsnews.com/weekly/1223012/bad-bulker-risk-for-buyers-on-rise-after-upkeep-cuts

 

Indian authorities unveil six new port locations

The Indian government has designated six locations across the country where it plans to construct ports as part of the ambitious Sagarmala programme to jumpstart port-led industrial growth. https://www.lloydslist.com/ll/sector/ports-and-logistics/article551541.ece

 

 

 

4 March 2017 - 10 March 2017

Few months left for ECDIS updates

IHO has revised its ENCs standards for ECDIS, therefore, all ECDIS systems used on board a vessel are required to receive updated functions before 31 August 2017. In case the software renewal is not applicable so as the system to be compatible with the latest IHO standards, the ECDIS itself should be replaced before the deadline. http://www.safety4sea.com/few-months-left-for-ecdis-updates/

               

California expects comments on ballast water discharge regulations

The California State Lands Commission issued a notice calling for participation in the informal comment period on proposed regulations relating to performance standards and compliance assessment protocols for the discharge of ballast water for vessels operating in California waters. The informal comment period closes on 24 March. http://www.green4sea.com/california-expects-comments-ballast-water-discharge-regulations/

Demand is picking up in the dry bulk market

Pacific Ocean dry bulk trades are starting to push the freight market to new heights recently, offsetting part of the limited activity in the Atlantic market. http://www.hellenicshippingnews.com/demand-is-picking-up-in-the-dry-bulk-market/

Indonesia’s U-turn on ore exports to benefit bulker trades

Indonesia has given a shot in the arm to the mid-sized bulker segments with one of the Southeast Asian nation’s most spectacular policy U-turns to ease its ban on the exports of raw mineral ores. https://www.lloydslist.com/ll/sector/dry-cargo/article549199.ece

Smaller bulkers ‘big winners’ from rise in Asia grain demand

Operators of smaller dry bulk carriers are set to be the biggest winners as the rise in grain shipments is expected to keep handysizes to supramaxes busy, with a large overflow to the panamax sector.http://www.tradewindsnews.com/weekly/1217601/smaller-bulkers-big-winners-from-rise-in-asia-grain-demand

New white paper informs on the current BW regulatory

Alfa Laval has published a white paper providing an overview of the most influential ballast water regulations and their enforcement, guidance and a few information about selecting a system and supplier to match a particular vessel’s needs, and about what to consider when planning the installation. http://www.green4sea.com/new-white-paper-informs-on-the-current-bw-regulatory/

ICS chairman calls IMO to support its CO2 reduction plan

The Chairman of the International Chamber of Shipping, Esben Poulsson, has set out what the industry would like the International Maritime Organization to achieve as part of its CO2 reduction strategy for the shipping sector. http://www.green4sea.com/category/emissions/

California expects comments on ballast water discharge regulations

The California State Lands Commission issued a notice calling for participation in the informal comment period on proposed regulations relating to performance standards and compliance assessment protocols for the discharge of ballast water for vessels operating in California waters. The informal comment period closes on 24 March. http://www.green4sea.com/california-expects-comments-ballast-water-discharge-regulations/

Spanish ports to be hit by nine-day strike

SPANISH port workers will go on strike every other day from March 9 to March 25, during odd hours, as the Spanish government looks set to adopt port sector employment reforms on Friday. https://www.lloydslist.com/ll/sector/ports-and-logistics/article550366.ece

APM expands port Elizabeth investment

APM Terminals, in close dialogue with the bi-state shipping community, including the Port Authority of New York & New Jersey, shipping companies, importers and exporters, intermodal rail providers, trucking companies and the International Longshoreman’s Association, has significantly increased its previously announced USD $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of USD $200 million. http://www.safety4sea.com/apm-expands-port-elizabeth-investment/

18 Feb 2017 - 24 Feb 2017

 

USCG completes ballast water violation investigation, initiates civil penalty

The US Coast Guard, after an investigation of ballast water discharge violations, initiated civil penalty proceedings against the operator of the bulk carrier Vega Mars, Feb. 2, 2017. Investigators found that around Jan. 29, 2017, while moored in Tacoma, ballast water was discharged from the vessel without the use of a Coast Guard approved ballast water management system or other approved means. https://content.govdelivery.com/accounts/USDHSCG/bulletins/1871109?reqfrom=share

More ships apply for extensions as USCG gets stricter on BWTS

Crackdown results in first civil case involving a Vega Reederei vessel, amid fears that approved ballast water treatment systems may still not be suitable. http://www.tradewindsnews.com/weekly/1215946/more-ships-apply-for-extensions-as-uscg-gets-stricter-on-bwts

 

Shipping does not belong in EU Emission Trading Scheme

Members of the European Parliament voted today in plenary on the Commission's proposal to revise the European Emission Trading Scheme (ETS) Directive. A majority of MEPs voted to include shipping in the scheme as of 2023, if there is no comparable system operating in the International Maritime Organisation (IMO) in 2021. http://www.ecsa.eu/index.php?option=com_acymailing&ctrl=archive&task=view&mailid=272&key=a5a582e6b7fc04a8c7da31a8ff19a914&subid=1235-7dac1fff6bfebc4ddff4705c95114785&tmpl=component

China terminates garbage disposal regulation on ships

The London P&I Club has announced that ships calling at Chinese ports should be aware of PRC Regulations. As of 13 December 2016 the Chinese Ministry of Transport has issued a formal notice that disposal is no longer mandatory, so that the requirement to present a PDC has been abolished. http://www.green4sea.com/china-terminates-garbage-disposal-regulation-on-ships/

Dry Bulk Ships in High Demand as Owners Are Expecting the Market to Bounce Back

As the dry bulk market could be in for a rebound, the demand for second hand bulkers is intensifying. In its latest weekly report, shipbroker Intermodal noted that “looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that there are still many challenges, there is now also more hope that things are finally moving towards the right direction. http://www.hellenicshippingnews.com/dry-bulk-ships-in-high-demand-as-owners-are-expecting-the-market-to-bounce-back/

China iron ore, steel steady after rapid rally

Chinese iron ore and steel futures stabilised on Thursday after recent sharp gains that pushed the steelmaking raw material to a record high. http://www.green4sea.com/china-terminates-garbage-disposal-regulation-on-ships//

Dry bulk market buffeted by mixed trade prospects

Hopes for a recovery in bulk carrier earnings appear to have dimmed thanks to a combination of volatile trade prospects and government policy, according to forecasts by Maritime Strategies International. https://www.lloydslist.com/ll/sector/dry-cargo/article549822.ece

Port of Antwerp extends opening hours

Port of Antwerp announced that trucks coming to load or unload containers in the Deurganck dock will also be able to call at night as of 20 March. The container terminals MSC PSA European Terminal (MPET) and DP World Antwerp Gateway, both located in the Deurganck dock, are due to extend their opening hours so that fetching or delivering containers by truck can carry on around the clock on weekdays. http://www.safety4sea.com/port-of-antwerp-extends-opening-hours/

Russia boosted wheat exports by 19% in 2016

According to the Federal Customs Service of Russia, in 2016 the country increased wheat and meslin exports by 19.3% from the previous year, to 25.327 MMT, reports UkrAgroConsult. http://www.hellenicshippingnews.com/russia-boosted-wheat-exports-by-19-in-2016/

Panamax bulkers still soft in Atlantic but hold better in Pacific

The panamax bulker market has been slow to kick off following the Chinese New Year holidays, with rates steady to lower on most trading routes, and participants looking for direction. https://www.lloydslist.com/ll/sector/dry-cargo/article549748.ece

2017

11 Feb 2017 - 17 Feb 2017

USCG: Minimum rate for drug test on board set to 25%

The US Coast Guard has announced that marine employers must establish random drug testing programs for covered crewmembers on inspected and uninspected vessels in accordance with 46 CFR 16.230. Every marine employer is required to collect and maintain a record of drug testing program data for each calendar year, and submit this data by 15 March of the following year to the Coast Guard in an annual MIS report. http://www.safety4sea.com/uscg-minimum-rate-for-drug-test-on-board-set-to-25/

Chaos at Indonesian ports disrupts coal shipping

Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world’s most important export regions. http://www.hellenicshippingnews.com/chaos-at-indonesian-ports-disrupts-coal-shipping/

Clarksons forecasts 3.8% growth in dry bulk trade this year

CLARKSONS expects dry bulk trade to increase by 3.8% year on year in 2017, building on the sector recovery from late last year amid an unexpected rise in Chinese demand for coal and iron ore. https://www.lloydslist.com/ll/sector/dry-cargo/article549139.ece

Capesize market could soon reach “bull” mode says freight derivatives specialist

Continued weakness in the Capesize Index has seen us trading below the more important US$ 6,570 support level. This has created a new low and puts us into bearish territory once again. http://www.hellenicshippingnews.com/capesize-market-could-soon-reach-bull-mode-says-freight-derivatives-specialist/

Top Five Panamax Bulker Trade

Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report showing the current state of affairs at the top 5 Panamax Bulker trade routes based on the total ton miles moved. http://worldmaritimenews.com/archives/212097/top-five-panamax-bulker-trade-routes/

Weekly US coal production tops 17 million st, highest since November: EIA

Weekly US coal production totaled an estimated 17.02 million st in the week ended February 4, up 5.7% from the previous week and up 19.1% from the year-ago week, US Energy Information Administration data showed. http://www.hellenicshippingnews.com/weekly-us-coal-production-tops-17-million-st-highest-since-november-eia/

Port of Hamburg urges for navigational changes

On the judgement of the Federal Administrative Court for the fairway adjustment of the Lower and Outer Elbe, the Hamburg Port Authority underlined the necessity for the adjustment of the navigation channel. http://www.green4sea.com/port-of-hamburg-urges-for-navigational-changes/

Indonesia’s U-turn on ore exports to benefit bulker trades

Indonesia has given a shot in the arm to the mid-sized bulker segments with one of the Southeast Asian nation’s most spectacular policy U-turns to ease its ban on the exports of rew minerals ores. https://www.lloydslist.com/ll/sector/dry-cargo/article549199.ece

Warning signs of revival in bulker orders

Ominous signs of a dry cargo newbuilding revival have emerged, with two European owners turning to Chinese yards for up to six bulkers, and further deals rumoured to be in the works. http://www.tradewindsnews.com/weekly/1214274/warning-signs-of-revival-in-bulker-orders

P&I clubs face struggle for hearing at the IMO

Although the International Group, which links the 13 leading protection-and-indemnity (P&I) clubs, has consultative status at the International Maritime Organization (IMO) there was concern its voice was hard to hear, drowned out by 172 member states, 65 intergovernmental organisations and 77 non-governmental outfits all arguing their corner. http://www.tradewindsnews.com/weekly/1213820/pandi-clubs-face-struggle-for-hearing-at-the-imo
 

03 Feb 2017 - 10 Feb 2017

 

USCG confirms fourth BWMS approval application


Sunrui Environmental Engineering has become the fourth manufacturer to submit a final type approval application with the US Coast Guard (USCG), for its BalClor electro-chlorination system. http://www.motorship.com/

Insurers cautious over resumption of Indonesian nickel ore exports


Industry associations and insurers are keeping a close eye on the decision to lift a ban on nickel ore exports from Indonesia, pointing to the high number of losses linked to cargoes loaded there. http://www.tradewindsnews.com/weekly/1211817/insurers-cautious-over-resumption-of-indonesian-nickel-ore-exports

New survey measures maritime safety


Safe transport of goods by sea is essential for society and different measures are taken to improve maritime safety, for example through implementation of traffic separation schemes, radar surveillance and traffic management concepts such as STM. But how can maritime safety be measured to determine the effects of those implementations? http://www.safety4sea.com/new-survey-measures-maritime-safety/

India’s major ports go green


The Indian Ministry of Shipping, as a part of its ‘Green Port Initiative’, has been emphasizing on use of renewable sources of energy to power Major Ports across the nation. When completed, the projects will help in the reduction of carbon dioxide emission by 136,500 MT annually. http://www.green4sea.com/indias-major-ports-go-green/

New drone for remote ballast tank inspection due to be developed


Akzonobel, oil and gas tanker operator Barrier Group and DroneOps have joined forces to develop a drone capable of remotely inspecting enclosed spaces and ballast water tanks. The project will use advanced virtual reality technology to deliver safer, more accurate evaluations of ballast water tanks, offshore wind farms and other enclosed or difficult to access spaces on ships and marine structures, including inspections of coatings and corrosion. http://www.green4sea.com/new-drone-for-remote-ballast-tank-inspection-due-to-be-developed/

European ship owners top the list of global dumpers, says NGO


The NGO Shipbreaking Platform has issued its list of ships dismantled worldwide in 2016 revealing an increase in the number of ships sold for polluting and unsafe shipbreaking on the beaches of South Asia. In 2016, a total of 668 vessels were broken on tidal beaches, that is as much as 87% of all tonnage dismantled globally, NGO says. http://www.green4sea.com/european

Dry Bulk Shipping: Q4 provided optimism, Q1 will make sure we don’t get carried away


Iron ore provides 30% of the demand for the dry bulk market and, during 2016, its related tonne-mile demand went up by 6%. This was the key factor behind the overall demand side growth of 2.2%. http://www.hellenicshippingnews.com/dry-bulk-shipping-q4-provided-optimism-q1-will-make-sure-we-dont-get-carried-away/

Panamaxes Hold Up As Rest of the Market Retreats During January, Chinese Coal Trade the Major Uknown for the Market Moving Forward


The Baltic Dry Index declined 17% during January, its second consecutive month of declines, though Panamax rates notably bucked the trend rising on stronger grains trade. Despite the seasonal declines across other vessel classes, rates largely exceeded the more bearish expectations for the month. http://www.hellenicshippingnews.com/panamaxes-hold-up-as-rest-of-the-market-retreats-during-january-chinese-coal-trade-the-major-uknown-for-the-market-moving-forward/

Asia Dry Bulk-Capesize rates to hold steady on ample ship supply


Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering activity is likely to increase following the end of the Chinese New Year holidays. http://www.hellenicshippingnews.com/asia-dry-bulk-capesize-rates-to-hold-steady-on-ample-ship-supply/

London Greeks eye Brexit boost for UK


Leaving the European Union could boost UK’s shipping industry, according to the country’s Greek shipping community, the so-called ‘London Greeks’. But any silver living for the industry will depend on government action and timely measures, they believe. https://www.lloydslist.com/ll/sector/regulation/article548868.ece

27 Jan 2017 - 03 Feb 2017

Latest update on IOPP Deharmonization
Following MEPC 70 decisions and as IMO Ballast Water Management Convention is scheduled to enter into force on 8 September 2017, a recent development that has emerged is the issue of IOPP certificate deharmonization with respect to the other key certificates of the ship. http://www.green4sea.com/latest-update-on-iopp-deharmonization/
Can we make dry bulk great again?
This was a question posed at a marine conference held in London this week which caused the audience to chuckle. Perhaps it was a dig at the new US President Donald Trump, whose slogan during his election campaign was to make America great again through his protectionist policies. https://www.lloydslist.com/ll/sector/dry-cargo/article548121.ece
Amendments to the Code of Safe Working Practices issued
On October 2016, the Code of Safe Working Practices for Merchant Seafarers amended to include additional issues the following sections.. http://www.safety4sea.com/amendments-code-safe-working-practices-issued/
IACS releases updated Blue Book for 2017
The International Association of Classification Societies is pleased to announce the release of the 2017 edition of its IACS Blue Book. The latest release of the Blue Book package continues to enhance IACS technical support to the shipping industry through our work and investment in technology, innovation, research and development both at the classification and statutory levels. http://www.safety4sea.com/iacs-releases-updated-blue-book-for-2017/
EU Ship Recycling List Raises Issues
Discussion on the recently published European list of approved ship recycling facilities has raised a number of issues at the fourth Ship Recycling Congress on January 25-26 in London. http://worldmaritimenews.com/archives/211407/eu-ship-recycling-list-raises-issues/?uid=36152
Freight rates for large capesize dry cargo vessels on key Asian routes are likely to trend down next week as an oversupply of ships and reduced chartering activity due to the Chinese New Year holidays weigh on the market. http://www.hellenicshippingnews.com/asia-dry-bulk-capesize-rates-to-slide-in-quiet-overtonnaged-market/
China’s Dec iron ore imports from Australia dip 2% on year to 56.7 mil mt
China imported 56.71 million mt of iron ore from Australia in December, down 2.1% year on year and up 0.57% month on month, according to data released Tuesday by the General Administration of Customs. Imports from Brazil, China’s second-largest iron ore supplier, were down 26.1% year on year at 17.44 million mt in December. The imports were also down 19% from the previous month. http://www.hellenicshippingnews.com/chinas-dec-iron-ore-imports-from-australia-dip-2-on-year-to-56-7-mil-mt/
 
‘Anything goes’ at the bottom end of market
Around 150 providers are offering protection-and-indemnity (P&I) and related covers, ranging from the 13 well-known clubs of the International Group cartel to established fixed-premium schemes and reputable insurance companies. There are also lesser-known companies, organisations operating on the fringes of the market and some whose credentials are questionable.
While the largest, most upstanding clubs and commercial insurers are properly regulated and supervised, anything goes at the bottom end of the market. http://www.tradewindsnews.com/weekly/1207593/anything-goes-at-the-bottom-end-of-market
Fumigation causes explosion
The Swedish P&I Club has issued its Monthly Safety Scenario for February, regarding a series of explosions that occurred onboard a bulk carrier mainly due to the fact that a few fumigation pellets were not distributed as per the cargo document. The bulk carrier had loaded yellow corn in all its cargo holds up to the hatch coamings. After the loading was complete fumigation technicians came onboard and fumigated the cargo with fumitoxin pellets. As per the cargo documentation, the fumigation pellets were required to be applied subsurface, but they were not applied subsurface as the technicians poured the pellets from flasks while walking on the hatch coamings or hatch covers. This work took a little more than an hour and afterwards all the cargo hatches were closed and the vessel sailed. http://www.safety4sea.com/fumigation-caused-explosion/
 
India, United Arab Emirates agree on seafarers’ education
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between India and the United Arab Emirates on the Mutual Recognition of Certificates of Competency. http://www.safety4sea.com/india-united-arab-emirates-agree-on-seafarers-education/
 

20 Jan 2017 - 27 Jan 2017

 

0.5% sulphur cap implementation on agenda

Work to support the smooth and effective implementation of the 0.5% m/m global sulphur cap on fuel oil used by ships will be a main focus for the 4th session Sub-Committee on Pollution Prevention and Response. The Sub-Committee will consider what additional measures may be needed to promote consistent implementation and will report with a justification and scope for further work to the Marine Environment Protection Committee (MEPC 71), which meets in July. The MEPC decided at its last session to implement the 0.5% limit from 1 January 2020. source

 
IMO announced the theme for Word Maritime Day 2017 which reflects the clear link between ships and ports and the people that operate them. During a visit to the port of Felixstowe, IMO Secretary-General Lim discussed the World Maritime Day theme for 2017 –  ”Connecting ships, ports and people” – with Mr. Clemence Cheng, Chief Executive Officer of the Port of Felixstowe and Managing Director of Hutchison Ports Europe. source
ECSA: Third country ship recycling yards should get EU recognition
The European Commission recently published its first edition of the EU list of approved ship recycling facilities. At this stage, it only features yards situated in Europe and reaches under 30% of the EU’s own recycling capacity target. For ECSA, this demonstrates clearly that third country ship recycling yards should get EU recognition to raise standards worldwide and respond to demand. source
Clean Shipping Coalition slams IMO’s view on EU ETS
The  Clean Shipping Coalition has sent a letter to Mr. Kitack Lim, Secretary General of IMO, criticizing his recent views on including shipping industry in the EU Emission Trading System. Mr. Lim has expressed concerns that this action could undermine efforts to reduce greenhouse as emissions from shipping on a global basis whereas the NGO supports that  IMO should not interfere in European politics.  In the letter, the NGO says it is both surprised and disappointed by Mr Lim’s letter and slams IMO’s intervention in the EU’s democratic process. source
Paris MoU announces deadline for submission of 2016 detention review cases
The Paris MOU reminds owners and operators of vessels that have been detained by a Paris MOU member state and who decline to use the national appeal procedure, that they have the option of filing a complaint with the flag state or recognized organization before 15 February. source
 
Dry Bulk Market Looking to mid-February for a Sharp Kick-Off in Freight Rates
With the Chinese New Year celebrations a few days away, dry bulk ship owners are bracing for what they hope to be the first and last freight market low-point this year. Traditionally this time of year, with Chinese importers out of the market, the dry bulk market is witnessing its year lows and 2017 should be no exception to this rule. However, regarding the future prospects for a rebound in the dry bulk market, much will be determined in the weeks which should follow this festive period, with mid-February expected to be a crucial period for the market. source
Dry Bulk FFA: Capesize Sell Off Seen in Paper Market As Eyes Turn to Physical Market Next Week
Capesize FFA Commentary:Cape paper experienced a substantial sell off today. Some stability was found after the index failed to drop more than the fractional 1.5% but talk of C7 fixing 8.00 helped prevent any sort of rebound on the FFAs. All eyes will be on the physical for the last day of the week to see if the current rates on the forward curve are justified. source
 
Panamax bulker earnings soften ahead of Chinese New Year
Panamax bulker earnings fell 2.2% in the week amid waning interest in the Atlantic and Pacific basins, and softening notes in all major trading lanes. "Generally, an easier tone to the market in both the Atlantic and the east," said the Baltic Exchange in a note. "The pressure appeared to have eased for early ships in the north Atlantic and some suggested tonnage in the US Gulf, too, was seeing less interest, and there were more vessels open for cargoes from north coast South America." source
 
 
Danish Maritime Forum report to address industry’s burning issues
A new report from the Danish Maritime Forum presents tangible ideas that have the potential to enable real progress on some of the most pressing issues in the maritime industry. How do we decarbonize shipping? How do we embrace new technologies? How do we deal with overcapacity? And how do we engage in a more meaningful dialogue with the public? These were some of the burning issues that were discussed at the Danish Maritime Forum, held in Copenhagen on October 2016. source
Port of Antwerp finishes 2016 with growth of 2.7%
The port of Antwerp has handled a total freight volume of 214,057,529 tonnes in 2016, up 2.7% on the previous year. At 4.1% the growth in container volume is even more pronounced: after 12 months the figure stood at 117,909,533 tonnes of containerised freight. Expressed in terms of standard containers (twenty-foot equivalent units) the total of 10,037,318 TEU has risen above the 10 million TEU mark for the first time in the history of the port. However there were negative figures in 2016 for conventional breakbulk (down 2.0%) and dry bulk (down 9.1%). source
The BWMC entry into force this September will not prevent the transfer of invasive aquatic species (IAS) unless there is mandatory legislation in place to prevent biofouling on ships’ hulls, says Subsea Industries commenting on a presentation delivered at the World Ocean Council’s Sustainable Ocean Summit in December. Indeed, while there is ongoing evaluation of the Biofouling Guidelines set out in MEPC.1/Circ.811, there has been little support from IMO Member States for a new mandatory instrument to reduce the impact of bioufouling. Aside from the guidelines, the issue of biofouling is though not to be on the agenda of the MEPC or any other IMO body.  source
How to avoid small spills becoming large claims
Despite a great reduction in the number of larger oil spills worldwide, numerous smaller, operational oil spills occur each year. The Britannia P&I Club warns to take into account even the small spill as it may not result in small claims. The Club has been advised by Brazilian lawyers Siano & Martins Advogados Associados that it is important to treat a small spill carefully, even if initially it may appear logical to close the file after initial penalties have been paid to authorities and the clean up costs have been dealt with.  source

14 Jan 2017 - 20 Jan 2017

 

0.5% sulphur cap implementation on agenda

Work to support the smooth and effective implementation of the 0.5% m/m global sulphur cap on fuel oil used by ships will be a main focus for the 4th session Sub-Committee on Pollution Prevention and Response. The Sub-Committee will consider what additional measures may be needed to promote consistent implementation and will report with a justification and scope for further work to the Marine Environment Protection Committee (MEPC 71), which meets in July. The MEPC decided at its last session to implement the 0.5% limit from 1 January 2020. source

 

IMO: More efficient shipping will enhance sustainability

IMO announced the theme for Word Maritime Day 2017 which reflects the clear link between ships and ports and the people that operate them. During a visit to the port of Felixstowe, IMO Secretary-General Lim discussed the World Maritime Day theme for 2017 –  ”Connecting ships, ports and people” – with Mr. Clemence Cheng, Chief Executive Officer of the Port of Felixstowe and Managing Director of Hutchison Ports Europe. source

ECSA: Third country ship recycling yards should get EU recognition

The European Commission recently published its first edition of the EU list of approved ship recycling facilities. At this stage, it only features yards situated in Europe and reaches under 30% of the EU’s own recycling capacity target. For ECSA, this demonstrates clearly that third country ship recycling yards should get EU recognition to raise standards worldwide and respond to demand. source

Clean Shipping Coalition slams IMO’s view on EU ETS

The  Clean Shipping Coalition has sent a letter to Mr. Kitack Lim, Secretary General of IMO, criticizing his recent views on including shipping industry in the EU Emission Trading System. Mr. Lim has expressed concerns that this action could undermine efforts to reduce greenhouse as emissions from shipping on a global basis whereas the NGO supports that  IMO should not interfere in European politics.  In the letter, the NGO says it is both surprised and disappointed by Mr Lim’s letter and slams IMO’s intervention in the EU’s democratic process. source

Paris MoU announces deadline for submission of 2016 detention review cases

The Paris MOU reminds owners and operators of vessels that have been detained by a Paris MOU member state and who decline to use the national appeal procedure, that they have the option of filing a complaint with the flag state or recognized organization before 15 February. source

 

Dry Bulk Market Looking to mid-February for a Sharp Kick-Off in Freight Rates

With the Chinese New Year celebrations a few days away, dry bulk ship owners are bracing for what they hope to be the first and last freight market low-point this year. Traditionally this time of year, with Chinese importers out of the market, the dry bulk market is witnessing its year lows and 2017 should be no exception to this rule. However, regarding the future prospects for a rebound in the dry bulk market, much will be determined in the weeks which should follow this festive period, with mid-February expected to be a crucial period for the market. source

Dry Bulk FFA: Capesize Sell Off Seen in Paper Market As Eyes Turn to Physical Market Next Week

Capesize FFA Commentary:Cape paper experienced a substantial sell off today. Some stability was found after the index failed to drop more than the fractional 1.5% but talk of C7 fixing 8.00 helped prevent any sort of rebound on the FFAs. All eyes will be on the physical for the last day of the week to see if the current rates on the forward curve are justified. source

Panamax bulker earnings soften ahead of Chinese New Year

Panamax bulker earnings fell 2.2% in the week amid waning interest in the Atlantic and Pacific basins, and softening notes in all major trading lanes. "Generally, an easier tone to the market in both the Atlantic and the east," said the Baltic Exchange in a note. "The pressure appeared to have eased for early ships in the north Atlantic and some suggested tonnage in the US Gulf, too, was seeing less interest, and there were more vessels open for cargoes from north coast South America." source

 

Danish Maritime Forum report to address industry’s burning issues

A new report from the Danish Maritime Forum presents tangible ideas that have the potential to enable real progress on some of the most pressing issues in the maritime industry. How do we decarbonize shipping? How do we embrace new technologies? How do we deal with overcapacity? And how do we engage in a more meaningful dialogue with the public? These were some of the burning issues that were discussed at the Danish Maritime Forum, held in Copenhagen on October 2016. source

Port of Antwerp finishes 2016 with growth of 2.7%

The port of Antwerp has handled a total freight volume of 214,057,529 tonnes in 2016, up 2.7% on the previous year. At 4.1% the growth in container volume is even more pronounced: after 12 months the figure stood at 117,909,533 tonnes of containerised freight. Expressed in terms of standard containers (twenty-foot equivalent units) the total of 10,037,318 TEU has risen above the 10 million TEU mark for the first time in the history of the port. However there were negative figures in 2016 for conventional breakbulk (down 2.0%) and dry bulk (down 9.1%). source

Is hull biofouling more damaging than BW transfer?

The BWMC entry into force this September will not prevent the transfer of invasive aquatic species (IAS) unless there is mandatory legislation in place to prevent biofouling on ships’ hulls, says Subsea Industries commenting on a presentation delivered at the World Ocean Council’s Sustainable Ocean Summit in December. Indeed, while there is ongoing evaluation of the Biofouling Guidelines set out in MEPC.1/Circ.811, there has been little support from IMO Member States for a new mandatory instrument to reduce the impact of bioufouling. Aside from the guidelines, the issue of biofouling is though not to be on the agenda of the MEPC or any other IMO body.  source

How to avoid small spills becoming large claims

Despite a great reduction in the number of larger oil spills worldwide, numerous smaller, operational oil spills occur each year. The Britannia P&I Club warns to take into account even the small spill as it may not result in small claims. The Club has been advised by Brazilian lawyers Siano & Martins Advogados Associados that it is important to treat a small spill carefully, even if initially it may appear logical to close the file after initial penalties have been paid to authorities and the clean up costs have been dealt with.  source

7 Jan 2017 - 13 Jan 2017

New Zealand ratifies BWMC

New Zealand is the latest country to accede to IMO’s Ballast Water Management Convention, designed to counter the threat to marine ecosystems by potentially invasive species transported in ships’ ballast water. H.E. Mr. Lockwood Smith, High Commissioner of New Zealand to the United Kingdom, met IMO Secretary-General Kitack Lim at IMO Headquarters, London (9 January) to deposit the instrument of accession. This brings the number of States party to the Convention to 54, representing 53.30% of the world’s merchant fleet tonnage. (source)

                                                                                                

INTERCARGO supports IMO in mitigation of global GHG emissions

INTERCARGO expressed its full support and total alignment with IMO Secretary-General Kitack Lim’s concerns that including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from ships on a global basis. These concerns were raised following an agreement on 16 December 2016 by the European Parliament’s Environment Committee that emissions from ships should be included in EU-ETS from 2023, if IMO does not deliver a further global measure to reduce GHG emissions for international shipping by 2021. IMO has already approved a responsible roadmap for developing a comprehensive strategy on reducing GHG emissions from ships, through to a 2023 horizon.( source)

Dry bulk demand to suffer in the short-term says shipbroker

While last year’s lack of newbuilding orders and less volatility may have stoked hopes of a turnaround of fortunes for the dry bulk market during 2017, things to start the year, traditionally a slow period for the market, have proved otherwise. Allied Shipbroking claims in its latest weekly report that the market could worsen in the near term, as the demand-side is expected to suffer. In his note, Allied’s George Lazaridis, Head of Market Research & Asset Valuations noted that “after having entered into a New Year, fresh hopes seem to be high for this to be the turning point in the market that many have been looking forward to for several years now. As such, the question being thrown around more often nowadays is “what’s in store for 2017” and “will we see a better market this year”, prompting many to take out their “crystal balls” seeking to see if this will be a year of gains or yet another full of further pains”. ( source )

Factors considered when planning vessel inspections

USCG has issued a policy letter which provides guidance that authorizes the utilization of a risk-based approach to prioritize and manage passenger vessel annual inspection activity. The guidance assists Officers in Charge, Marine Inspection (OCMIs) in prioritizing their resources and managing risks against a variety of missions demands. (source )                                                                                                                 

Capesize demand 1% on ore cargoes

It says world iron ore trade will keep the seaborne market “well supplied” over the next two years. But China’s import demand will have trouble repeating the performance seen last year. China’s demand for iron ore was a positive surprise for the dry bulk trade as it reached over one billion tonnes for the first time in 2016, growing some 9% year-on-year, according to research from Australia’s mining and resources ministry. The growth stemmed from China shutting down unproductive mines and better steel demand. China was able to import more despite its own stockpiles of iron ore reaching over 100 million tonnes in December, a two-year high. (source )

Atlantic strength ends panamax bulker earnings' month-long slump

Panamax bulker rates have ended their month-long slide with a firm Atlantic market. The Atlantic trades have been revived as a busy US Gulf combined with South American trades buoyed sentiment, said Intermodal in its weekly report. However, the report said owners in East Asia were still struggling to shake off the discounted levels following the pre-holiday fixing rush. (source)

Growing iron ore supply to push prices down to $49 a tonne

Australia’s iron ore exports are forecast to increase by 30% to hit $62bn in value for the current fiscal year to end-June 2017 due to the unexpected jump in the raw material’s price, according to the latest Resources and Energy Quarterly published by Australian Department of Industry, Innovation and Science. (source)

China eyes bigger slice of global shipbuilding market

China is targeting a 40% share of the global high-end vessel market and 35% of the global offshore market for its shipbuilders by 2020, through an acceleration of overseas expansion. The expansion drive will work with president Xi Jinping's ambitious One Belt One Road initiative to ramp up the production of vessels and marine engineering equipment, among other things. (source)

Major countries release latest iron ore import, export statistics

Major countries across the world have released iron ore trade data for the month of November last year. In accordance with the statistics released by the Peru Ministry of Energy and Minerals, the country’s iron ore production surged higher by nearly 84% over the previous year to 697,000 tons in November 2016. The country had produced only 379,000 tons of iron ore during the same month in 2015. The cumulative production during the initial eleven-month period of the year totaled 7.08 million tons, slightly higher by 3.5% when matched with the production of 6.843 million tons during the corresponding eleven-month period in 2015. (source)

Indonesia: Mineral exports hang in balance with planned revision

A revision to a government regulation that may relax a ban on the export of semi-processed minerals remains up in the air, as the government has yet to sign the revision a mere 24 hours before the prescribed deadline. The government has been working hard on a fourth revision to Government Regulation No. 23/2010 on the management of mineral and coal businesses, which is expected to postpone a ban on semi-processed mineral exports and provide different options for divestments of shares in foreign-owned mining companies. However, the government had yet to issue the revision by Wednesday evening despite the fact that the ban’s implementation was set to begin the next day.  ( source)

1 Jan 2017 - 6 Jan 2017

Solid bulk cargoes carriage update

The Republic of the Marshall Islands has issued Marine Notice which reflects updates to IMSBC Code requirements for solid bulk cargoes and hazardous chemical cargoes that enter into force on 01 January 2017. The Notice covers the mandatory requirements under the 2016 IMSBC Code for: /Procedures to be followed when loading cargoes that may be subject to liquefaction and new safety and cargo declaration information, including the need to potentially determine the flow moisture point (FMP), transportable moisture limit (TML), and actual moisture content (MC) of the cargo to be loaded. /The management of cargo residues depending on the classification of a solid bulk cargo as to whether it is harmful to the marine environment (HME) or non-HME. The responsibility for classifying and declaring, whether a solid bulk cargo is HME or non-HME, now lies with the shipper. (source)

China's emissions control areas now in effect for all key ports

Regulations take effect this month for Tianjin, Qinhuangdao, Tangshan, Huanghua, Guangzhou and Zhuhai. The three emission control areas established by Chinese authorities have now implemented low-sulphur fuel requirements for all key ports within the areas. (source)

Gas Code, Polar Code Enter into Force

The International Gas Code entered into force on January 1, along with the Polar Code, affecting both new and existing ships and the seafarers working on them.  The International Code of Safety for Ships using Gases or other Low-flashpoint Fuels (IGF Code) aims to minimize the risk to ships, their crews and the environment, when gas and other low-flashpoint fuels are used. The mandatory Polar Code, for ships operating in Arctic and Antarctic waters, also entered into force on January 1, 2017(source) )

Marshall Island flagged vessels to proceed to early IOPP renewal

The Republic of the Marshall Islands (RMI) has issued technical circular to promulgate the RMI Maritime Administrator policies on the BWM Convention, specifically with respect to the early renewal survey of the International Oil Pollution Prevention (IOPP) Certificate. (source)

Dry Bulk Market Needs Zero Fleet Growth To Recover This Year Says BIMCO In Its Annual Estimate

Dry bulk: worst year on record – heavy demolition activity needed to relieve the pain. A continuance of the alarmingly low level of demolition activity in the second half of 2016 simply will not deliver the needed zero fleet growth. A significant number of new ships are on order for 2017 and 2018. The only way to neutralise the impact of this influx of new ships will be to scrap 30 million DWT annually.  (source)

India: Iron ore exports revive on firm global prices, protectionist steps

Exports have jumped nine-fold to nine million tonnes in the April-September period, from one million tonne a year ago. This comes in the wake of strong global demand for the commodity and protectionist steps taken in favour of domestic iron ore users—the primary steel industry—against cheap imports of steel. Iron ore price has moved up from $40 a tonne to $70 a tonne in global markets in the last few months. (source)

Top Iron Ore Forecaster RBC Says Prices Will Pull Back This Year

Iron ore prices are primed for a retreat this year after surging in 2016, according to RBC Capital Markets, the most accurate forecaster for the commodity in the final quarter of last year. “We believe iron ore prices are not sustainable at current levels and expect a pullback in 2017,” RBC analysts wrote in a report received on Wednesday. (source)

Coal shakes dirty image to stage comeback

Coal, a high-profile villain in smog-choked northern Chinese cities this winter, enjoyed a bit of market comeback in 2016 as its price recovered from a long slump. The gains may extend into the new year, albeit authorities are reluctant to see that happen. (source)

Capes open year on strong footing

China stockpiling iron ore ahead of its own new year at the end of January at heart of capesize rally. Capesize earnings were given a boost at the start of the new trading year as China's appetite for iron ore continued ahead of its own new year at the end of January. (source)

Supramax market suffers an unhappy new year

But market sentiment remains positive with brokers expecting a recovery in rates. Rates endured a gloomy week at the beginning of the new year as too many vessels chased too few cargoes in both the Atlantic and the Pacific basin. (source)