Woodmac: Digitalization can bring major cost savings for upstream sector
In an earlier insight, marine energy consultancy Wood Mackenzie identified up to US$150bn in annual operating cost savings that could be achieved in the energy and natural resources sectors through digitalisation.
Airbus launches project to improve safety of assets at sea
Airbus Defence and Space has launched Ocean Finder, a service delivering satellite-based detection and identification reports for assets at sea. Ocean Finder aims to ensure safety in hostile areas and support search and rescue operations.
Safety I vs Safety II: An overview
The traditional thinking about safety has reached some notable landmarks, but the constantly renewed list of unexpected incidents at sea comes to underline a need for a change in safety perception, unveiling there could be more than the traditional ways of ‘doing safety’.
PSC focus: China performance in H12018
During first half of 2018, PSCOs conducted in China a total of 4,141 inspections which resulted to 15,135 deficiencies and 158 detentions. This led to a detention rate of 3.82% and an expected number of deficiencies per inspection 3 to 4. At the same time, the overall Tokyo MoU figures for the same period show a detention rate of 2.25% and deficiencies per inspection 1 to 2 (1.98).
2020: An insurer’s perspective
During the 2018 SAFETY4SEA Hamburg Conference, Mr. Alvin Forster, Deputy Director (Loss Prevention), The North of England P&I Association Limited, talks about the commercial impact of the 2020 regulations for the shipping industry.
Sharing the burden of greening; an innovative financial approach
During the 2018 SAFETY4SEA Hamburg Conference, Mr. Orestis Schinas, Professor of Shipping and Ship Finance, Hamburg School of Business Administration, highlights the aspect of financing the greening of the shipping industry.
Lessons learned: Language differences lead to collision
The UK MAIB issued the second edition of its 'Safety Digest', providing useful lessons learned from maritime casualties it has encountered. In the first case of the report, UK MAIB describes a collision between two vessels that occurred from misunderstanding due to language differences.
Fatal man overboard highlights importance of practical safety drills
The investigation found that the vessel’s documented risk controls did not reflect the operational practice onboard, and that the crew underestimated the risks associated with a crewman becoming entangled in the back rope and being dragged overboard.
Overwhelmed bilge pump leads to sinking
UK MAIB analyzed the sinking of a fishing vessel as its bilge pump was overwhelmed by the volume of water ingress. Notable is that the vessel was certified with most recent surveys revealing no areas of concern. MAIB highlighted that the two men onboard were saved as they had enough time to collect and don their emergency use lifejackets.