Nigeria: Maritime Stakeholders Decry Sector's Poor Contribution to GDP

Nigeria: Maritime Stakeholders Decry Sector's Poor Contribution to GDP
Eromosele Abiodun 14 December 2018 https://allafrica.com/stories/201812140416.html

A lecturer at the Lagos Business School (LBS), Dr Frank Ojadi and other stakeholders in the maritime industry have bemoaned the non-capturing of the maritime sector in the nation's gross domestic product (GDP) describing it as worrisome and disturbing.

Why the shipping industry sails rough seas in cybersecurity

Why the shipping industry sails rough seas in cybersecurity
14 December 2018 https://techhq.com/2018/12/why-the-shipping-industry-sails-rough-seas-in...

Guidelines published by a conglomerate of shipping interests gives examples of terrible practice in the industry.

Outlook 2019: Credit-starved bunker industry limps towards IMO 2020

Outlook 2019: Credit-starved bunker industry limps towards IMO 2020
Jack Jordan 14 Dec 2018 https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/...

London — The bunker industry is in a fragile state as it enters its last year before tougher sulfur restrictions come into force, with several key players in retreat.

Two Seafarers Abandoned in African Port

Two Seafarers Abandoned in African Port
2018-12-13 https://www.maritime-executive.com/article/two-seafarers-abandoned-in-af...

It's the second year in a row that seafarers Captain Asmael Alsarwt and Seyed Nasr Soltan are stranded, abandoned by their ship's owner in a port thousands of miles from home.

Tanker’s oily discharge results in $2 million fine after crew member hands over video

Tanker’s oily discharge results in $2 million fine after crew member hands over video
December 13, 2018 https://delawarebusinessnow.com/2018/12/tankers-oily-discharge-results-i...

Scrubbers under scrutiny by maritime industry as IMO 2020 nears

Scrubbers under scrutiny by maritime industry as IMO 2020 nears
14/12/2018

Looming 2020 regulations capping marine fuel sulfur at 0.5% have so far benefited manufacturers marketing scrubbers – or exhaust gas cleaning systems, as they are more formally known – but this solution is now being viewed with a more critical eye.

The future of box shipping: less vessel cascading and fewer liner alliances?

The future of box shipping: less vessel cascading and fewer liner alliances?
Gavin van Marle 12/12/2018 https://theloadstar.co.uk/future-box-shipping-less-vessel-cascading-fewe...

Vessel cascading has been an ever-present feature of container shipping since liner executives first understood the benefits of economies of scale and began the box ship capacity arms race.

Thenamaris set to pocket over $8m on kamsarmax flip, China’s Mingsheng Financial Leasing is likely buyer

Thenamaris set to pocket over $8m on kamsarmax flip
Grant Rowles December 13th, 2018 http://maritimebulletin.net/2018/12/13/cargo-ship-aground-western-europe/

Greece’s Thenamaris is said to have sold 2012-built Daewoo kamsarmax bulker Seatribute for in excess of $20m to a buyer in Asia.

If broking sources are correct, Thenamaris stands to pocket over $8m from the sale having bought the vessel (ex Liberty Destiny) from US-based Liberty Maritime for a bargain $12m in March 2016.

Stella Maris bereavement care for seafarers remains lifeline at close of 2019

Stella Maris bereavement care for seafarers remains lifeline at close of 2019
December 13th 2018 received via email

Apostleship of the Sea (AoS) Stella Maris responded to the pastoral needs of a bulk carrier crew after their captain died of a heart attack on board.

The Star Nina had been at anchorage near Immingham Port since October 23 when the master suffered a heart attack on board on November 15. He was immediately evacuated from the ship but was pronounced dead by shore paramedics.

Report slams “weak” safety culture on MSN Explorer after crewman Alfred Ismaili is crushed to death in King’s Lynn

Report slams “weak” safety culture on MSN Explorer after crewman Alfred Ismaili is crushed to death in King’s Lynn
Chris Bishop 13 December, 2018 https://www.edp24.co.uk/news/report-into-death-of-alfred-ismaili-on-msn-...

A cargo ship on which a crewman was crushed by a hold cover had a “weak safety culture”, according to an official report into his death.

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