Allianz issued its Risk Barometer 2019 listing the top business risks for this year. For the 2019 edition, Allianz surveyed more than 2,415 risk experts from 86 countries about the perils that worry them most. The survey identified cyber, neck-and-neck with business interruption, at the top of the Allianz Risk Barometer for the first time.
The UN Convention on the Law of the Sea (UNCLOS), signed by 157 countries 25 years ago, was the first form of international law for the oceans governance, acting as a cornerstone to launch the basis of UN’s 2030 Agenda for Sustainable Development and serving as EU’s framework for policymaking.
In the latest issue of its Phish and Ships newsletter, Be Cyber Aware at Sea campaign shares the 7 steps to build cybersecurity awareness at sea. The steps consist of a variety of training tools, continuous training, development through marketing, communication and support, security practises at home, gamifying and success.
VesselsValue released a fact sheet looking at the top Middle Eastern countries by owners, fleet, countries and value. Currently, the major Middle Eastern Countries by value are Qatar, UAE, Saudi Arabia, Iran and Oman, while tankers are the key ship category forming the Middle East fleet by Gross Tonnage.
According to EMSA data, the last seven years, 3,236 Ro-Ro accidents were reported out of which 25% are fire related, 19% collisions and 16% are attributed to loss of control. Assessing risks before starting an operation is a critical step, EMSA notes, highlighting lessons learned from Ro-Ro analysis.
Maritime New Zealand issued its Ipsos 2018 Recreational Boating Survey, revealing that recreational boaties seem to behaving more safely, with a steady lifejacket wearing behaviour, more weather checking, taking two ways to call for help, and avoiding alcohol when going out on the water.
The British Ports Association produced a series of infographics highlighting the importance of ports to the UK’s economy.The figures show that collectively the industry employs 101,000 people, handles almost 500m tonnes of freight and contributes £7.6bn to the economy.
USCG 8th District announced the Maritime Commerce Strategic Outlook, outlining a long term vision to support and grow maritime commerce in the US. The 8th District was chosen for being at the center of USCG operations in the Western Rivers, which are critical maritime arteries.
Vesselsvalue noted that value investors still have plenty of opportunities to acquire prime aged assets at a significant discount to their expected future market value. Tankers offer the most promising investment overall, as most large crude tankers still have significant upside remaining.
In its 2018 Maritime Transport Review, UNCTAD informed that in 2017, total newbuilding delivery amounted to 65 million gt, equivalent to 5.2% of the start-of-year fleet in 2017. Meanwhile in 2017, 23 million gt were scrapped leading to a net growth in world fleet of 42 million gt, equivalent to a growth rate of 3.3%.
- Loss Prevention
UK Club: How dangerous is aluminium dross16/01/2019
US urges Qatar to compete Russian gas in Europe16/01/2019
Mega trends affecting shipping up to 202516/01/2019
Mapping maritime piracy and armed robbery in parts of the world16/01/2019
OCIMF extends TMSA access to non-OCIMF members16/01/2019
Transmit of cold kiwi from Italy to China via cold containers16/01/2019
IMO to finalize polar communication and navigation equipment guidance16/01/2019
CNOOC starts production at South China Sea project16/01/2019
Indonesia reduces LNG export goal for 201916/01/2019
US Court approves Aegean's restructuring progress16/01/2019
Cable ship capsizes after collision with tanker in Singapore StraitsRegulation
MLC amendments 2016 on crew welfare enter into forceCasualties
Tanker with 12 crew disappears in Indonesian watersFines
How to prevent pollution fines in Turkey
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