Asia Pacific waters remain the top shipping casualty region accounting for 45% of losses globally in 2018, according to a latest review by insurer Allianz Global Corporate & Specialty (AGCS).
Classification society DNV GL has called for much faster release of casualty investigation reports as it places a renewed emphasis on maritime safety.
The year has not started off well or the shipping industry and the cause of marine safety. The fatal fire aboard the vehicle carrier Sincerity Ace cost the lives of five seafarers and will have destroyed 3,600 cars and most probably the vessel herself.
Journalists everywhere know that feeling – if someone tells you “this is not a news conference”, it’s probably worth reaching for your notebook or, at the very least, paying attention. The occasion was the International Salvage Union (ISU) marine journalists’ lunch, held in the Merchant Taylors’ Hall in London.
The American Salvage Association (ASA) and the Association of Diving Contractors International (ADCI) joined in a conference in Panama, the first since they signed a Memorandum of Understanding (MoU) in October 2017 for the promotion of communications and working relations between the two organisations.
The hype around autonomous shipping fails to take into account the value the human being can bring onboard a ship and the real cost of replacing seafarers, argues Anglo-Eastern ceo Bjorn Hojgaard.
A Brightoil aframax oil tanker collided with a Chinese fishing boat on Thursday off the west of Japan, leaving 12 crew members of the fishing boat missing, reports said.
Five people have died and one has been injured following a fatal fire incident that occurred at a ASL Marine shipyard in Batam, Indonesia.
The frequency of major vessel casualties has risen in 2016 for the second consecutive year amid a continuing challenging market for marine underwriters, according to the International Union of Marine Insurance (IUMI).