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.

Master Fined for Alcohol Offense while Leaving New Zealand Port

Master Fined for Alcohol Offense while Leaving New Zealand Port
2018-12-12 https://www.maritime-executive.com/article/master-fined-for-alcohol-offe...

The master of the tanker SG Pegasus has been fined for exceeding the alcohol limit for a seafarer while preparing to leave the port of New Plymouth in New Zealand on December 11.

Maritime industry can now use blockchain for certification of seafarers

Maritime industry can now use blockchain for certification of seafarers
Gavin van Marle 11/12/2018 https://theloadstar.co.uk/maritime-industry-can-now-use-blockchain-certi...

A new consortium to deploy blockchain technology to cover the certification of seafarers was unveiled today .

Coast Guard-Central Visayas intensifies intel monitoring

Coast Guard-Central Visayas intensifies intel monitoring
John Rey Saavedra December 11, 2018 http://www.pna.gov.ph/articles/1056349

CEBU CITY – The Philippine Coast Guard (PCG) in Central Visayas is currently intensifying intelligence monitoring in all the ports here in collaboration with shipping companies, the ports authority, and law enforcement units, in view of the Duterte administration’s campaign against illegal drugs.

Ships infected with ransomware, USB malware, worms

Ships infected with ransomware, USB malware, worms
Catalin Cimpanu December 12, 2018

Ships are the victims of cyber-security incidents more often than people think. Industry groups publish cyber-security guidelines to address issues.
Catalin Cimpanu

Ships suffer from the same types of cyber-security issues as other IT systems, a recent document released by the international shipping industry reveals.

UNCTAD projects 3.8% growth for maritime industry

UNCTAD projects 3.8% growth for maritime industry
Maclean Kwofi Dec 11 , 2018 https://www.graphic.com.gh/business/business-news/ghananews-unctad-proje...

The United Nations Conference on Trade and Development (UNCTAD), is projecting a bright prospect for the world’s maritime industry as it has predicted that the global seaborne trade volumes will grow by 3.8 per cent between 2018 and 2023.

Technology Trends Driving the Shipping and Maritime Industry

Technology Trends Driving the Shipping and Maritime Industry
Baibhav Mishra -December 12, 2018 https://seanews.co.uk/features/technology-trends-driving-the-shipping-an...

Further arrests linked to Vietnam yard fraud

Further arrests linked to Vietnam yard fraud
Sam Chambers December 11th, 2018 https://splash247.com/further-arrests-linked-to-vietnam-yard-fraud/

The multi-million dollar fraud scandal surrounding Vietnam’s top shipbuilder has snared another couple of executives.

A former Vinashin chief and a serving deputy chief of its successor company SBIC have been arrested accused of participating in the misappropriation of $4.5m.

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