BIMCO: Polish Szczecin the top bulk terminal

According to BIMCO’s Dry Bulk Terminals Vetting Report 2018, the best performing port is Szczecin in Poland. The report gathered data from 144 ships covering 381 terminals. 97% of the reports were rated as average or better, giving an average rating of 3.6 out of five.

Digitalization to benefit oil and gas sector, report says

Despite the increasing speed of technology and innovation that is pressuring the industry, oil and gas CEOs consider technological disruption as more of an opportunity, 2018 KPMG CEO Outlook: Oil & Gas, reported. Namely, AI and robotic solutions can create models to predict behavior or results more accurately.

TAIC: A nitrogen cylinder burst resulted to one fatality

Transport Accident Investigation Commission issued a report on the February 2017 accident in Port Chalmers, Dunedin, on board the passenger cruise ship Emerald Princess, in which a nitrogen cylinder burst, resulted to one fatality. The report highlights a lack of global minimum standards for inspection, testing and rejecting pressure cylinders for stored energy systems on lifeboat launching installations – a system common on cruise ships.

Watch: What are the top business risks for 2019

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.

Autonomous ships will not replace conventional cargo ships, report says

On 15 January the International Transport Workers’ Federation and the World Maritime University published a flagship report called ‘Transport 2040: Automation Technology Employment – the Future of Work’. The report analyzes how the global transport industry will change because of automation and advanced technologies.

Australia reveals national plan for maritime environmental emergencies

Australia depends heavily on shipping to transport its exports and imports. The country now published the National Plan, which deals with other aspects of maritime emergency response such as search and rescue, saving of life at sea, and caring for survivors brought to shore.

ReCAAP ISC: Piracy and armed robbery in Asia decreased by 25% in 2018

ReCAAP ISC published its annual report ‘Piracy and armed robbery against ships in Asia’, addressing that piracy and armed robbery have experienced a decrease by 25%. Additionally, the number of actual incidents showed a reduction of 31%. To this result, the number of incidents remains at a low level, in comparison to previous years. There was no actual incident of hijacking of ships for oil cargo theft in 2018.

Nigeria lost $2.8bn to piracy,UN report

The United Nations Secretary General’s office launched the ‘Activities of the United Nations Office for West Africa and the Sahel’ report, focusing on Nigeria loosing approximately $2.8 billion during 2018, as a result of crude oil and maritime crimes. Maritime crime, including piracy, dominated in the coast of West Africa and posed a big threat to peace and development in the region.

IRENA: Renewable Energy to have future geopolitical effects

IRENA, the Assembly of the International Renewable Energy Agency, launched ‘A new World’ report, according to which, the Global Commission on the Geopolitics of Energy Transformation supports that the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accompanied the alter from biomass to fossil fuels two centuries ago. These include changes in the position of states, the importance of new leaders, more energy actors, alter in trade relations and the emergence of new alliances.


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