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US Coast Guard ends search for Filipino seafarer Norman DeCastro

US Coast Guard ends search for Filipino seafarer
Associated Press / April 27, 2017 https://usa.inquirer.net/3216/us-coast-guard-ends-search-filipino-seafarer

GALVESTON, Texas — The US Coast Guard is giving up its search of a section of the Gulf of Mexico for a crewmember missing from a Royal Caribbean cruise ship.

Two crew members dead after explosion rocks a coal ship crossing the Atlantic from Baltimore to Portugal

Two crew members dead after explosion rocks a coal ship crossing the Atlantic from Baltimore to Portugal
Associated Press and Keith Griffith 25 April 2017 http://www.dailymail.co.uk/news/article-4443688/Coast-Guard-2-dead-explo...

Two crew members are dead after an explosion on a coal cargo ship in the North Atlantic Ocean.

The captain of the Tamar, a 623-foot Marshall Islands-flagged bulk carrier, reported an explosion in the forward storeroom Monday morning, the US Coast Guard said in a statement.

Pinoys missing: Families of missing Stellar Daisy seafarers appeal to Trump for help

Families of missing Stellar Daisy seafarers appeal to Trump for help
Sam Chambers 26 April 2017 http://splash247.com/families-missing-stellar-daisy-seafarers-appeal-tru...

Family members of the 22 missing seafarers from the ill fated Stellar Daisy very large ore carrier (VLOC) have not given up hope and have sent letters to US president Donald Trump and his secretary of defence, James Mattis, asking for help.

Owners seek secondhand refinancing but lenders show little interest

Owners seek secondhand refinancing but lenders show little interest
26 April 2017 http://www.seatrade-maritime.com/news/asia/owners-seek-secondhand-refina...

With less new ships being ordered amid the severe oversupplied shipping market and vessel assets changing hands in light of restructurings, owners are starting to seek refinancing for secondhand tonnages, but bankers have expressed little or no interests in entering into deals for such passed down assets.

Korea: ‘Lack of Policy Consistency Gave Rise to Shipbuilding, Shipping Industry Crises’

‘Lack of Policy Consistency Gave Rise to Shipbuilding, Shipping Industry Crises’
25/04/2017

Kim Young-moo, vice chairman of the Korea Shipowners’ Association, said on April 23 that the disbandment of the Ministry of Oceans & Fisheries in the previous administration and its revival in the next, that is, the lack of policy consistency has led to the current crisis of the shipbuilding and shipping industries of South Korea.

Launch of Seafarer Salary Benchmarking

Launch of Seafarer Salary Benchmarking
26/04/2017 http://www.hellenicshippingnews.com/launch-of-seafarer-salary-benchmarking/

A New Global Benchmarking service giving employers of crew reliable and easily-comparable pay data for all officers and ratings has been launched.

Indonesia: Susi urges protection of Indonesian seamen in Japan

Susi urges protection of Indonesian seamen in Japan
Tama Salim April 14, 2017 http://www.thejakartapost.com/news/2017/04/14/susi-urges-protection-of-i...

Upon realizing that thousands of Indonesian seamen ply their trade aboard Japanese fishing vessels, Maritime Affairs and Fisheries Minister Susi Pudjiastuti urged the Japanese fisheries industry to prevent any human trafficking practices from materializing.

Maritime CEO Forum: Tech changes will leave IMO ‘dead and buried’ -

Maritime CEO Forum: Tech changes will leave IMO ‘dead and buried’
April 25th, 2017 http://splash247.com/maritime-ceo-forum-tech-changes-will-leave-imo-dead...

Delegates attending yesterday’s Maritime CEO Forum held at Singapore’s iconic Fullerton Hotel debated the future of the industry, with opinion very divided on the hot topic of ship automation.

The managing director of OSM Ship Management Steffen Tunge told participants, “People dreaming about autonomous ships, keep on dreaming it won’t happen any time soon.”

BIMCO: Container shipping sees better supply-demand balance

BIMCO: Container shipping sees better supply-demand balance
Chris Dupin | April 25, 2017 http://www.americanshipper.com/main/news/bimco-container-shipping-sees-b...

However, the Baltic and International Maritime Council said the performance of the new ocean carrier alliances that set sail at the beginning of the month will be key in 2017.

Jarius Bondoc: China’s design in SCS; impact on Philippine security

China’s design in SCS; impact on Philippine security
Jarius Bondoc April 26, 2017

What does China really want in the South China Sea? Westerners see it only from their side: freedom of navigation, the safety of allies, and upholding a rules-based order. That viewpoint will never solve the sea dispute, militarily or by confidence building, says expert Bill Hayton. The author who demolished China’s fake history of SCS ownership takes off from Chinese motivations. Excerpts from his recent article, “What the West Doesn’t Get about China,” in the Nikkei Asian Review:

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