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Maritime News for Filipino Seafarers

Creditors brace for huge losses as Hanjin liquidation raises just 2.1% of total claims

Creditors brace for huge losses as Hanjin liquidation raises just 2.1% of total claims
Sam Chambers August 8th 2017 http://splash247.com/creditors-brace-for-huge-losses-as-hanjin-liquidati...

The trustee overseeing Hanjin Shipping’s bankruptcy proceedings has warned creditors that the Korean line has managed to raise just $220m – just 2.1% of what it owes – nearly one year on from the moment the shipping company sought bankruptcy protection.

Singular Point: Cloud-based maritime transportation system readies for debut

Singular Point: Cloud-based maritime transportation system readies for debut
August 4th 2017 http://splash247.com/singular-point-cloud-based-maritime-transportation-...

On autonomy, crews, reliability & liability

On autonomy, crews, reliability & liability
08/08/2017 http://www.hellenicshippingnews.com/on-autonomy-crews-reliability-liabil...

Cut out the human from human error then you may just be left with the error.

There’s something of a dichotomy in the maritime industry at the moment. We talk about the need to focus on the crew while also obsessing about autonomous ships. We talk about a fourth revolution, yet remain hooked on the issue of oversupply and lack of demand.

Life-sized replica of 18th-century galleon to be built

Life-sized replica of 18th-century galleon to be built
Jocelyn R. Uy - August 09, 2017

What better way to mark the 50th anniversary of the Association of Southeast Asian Nations (Asean) than to unveil an initiative that will see the rise of a life-sized replica of an ancient galleon that established the centuries-old ties between the neighboring countries.

Opportunity In The Chinese Shipping Industry

Opportunity In The Chinese Shipping Industry
Aug. 7.17 https://seekingalpha.com/article/4096132-sinotrans-shipping-value-opport...

Sinotrans Shipping (OTCPK:SSLYF) (OTC:SSLYY) (SEHK:0368) is one of the largest shipping companies in China and a leading shipping enterprise of the world. It owns and operates a fleet of dry bulk carriers and container ships. As of the end of 2016, the company owned 48 ships, leased 59 ships, and placed orders for another 15. The average age of the ships is only 6.38 years old. (Source: 2016 Annual Report)

For Payroll Purposes, is Your Seaman Really a Seaman?

For Payroll Purposes, is Your Seaman Really a Seaman?
Larry DeMarcay July 31, 2017 https://www.marinelink.com/news/purposes-payroll-seaman427836

For operational purposes, it is critical to know what type of employees you have on your vessel. Failure to do so could be expensive.

Injured Pinoy seaman evacuation from ship off Richards Bay

Injured seaman evacuation from ship off Richards Bay
6.8.2017 http://citizen.co.za/news/south-africa/1600892/injured-seaman-evacuation...

An alert was made of a crewman aboard a ship at sea suffering a lower back injury.

ICS publishes new edition of seafarer's record book

ICS publishes new edition of seafarer's record book
http://www.marinelog.com/index.php?option=com_k2&view=item&id=26810:ics-...

New global project to address bioinvasions via ships’ hulls

New global project to address bioinvasions via ships’ hulls
08/08/2017 http://www.hellenicshippingnews.com/new-global-project-to-address-bioinv...

Addressing ship’s hull fouling is a crucial step to protect marine biodiversity. The treatment of hulls to reduce fouling by aquatic organisms has the additional benefit of reducing greenhouse gas emissions, since the drag of ships is reduced.

From GloBallast to GloFouling Partnerships: GEF approves new project concept to address major aquatic invasive species vector

The unbelievable high wire act of the shipping industry

The unbelievable high wire act of the shipping industry
07/08/2017 http://www.hellenicshippingnews.com/the-unbelievable-high-wire-act-of-th...

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