seafarertimes.com ~ Maritime News for Filipino Seafarers

China's COSCO Shipping says demand to remain buoyant in 2018
Reuters March 29, 2018 https://www.nasdaq.com/article/chinas-cosco-shipping-says-demand-to-rema...

SHANGHAI, March 29 (Reuters) - COSCO Shipping Holdings Co Ltd, said it expects further growth in container shipping demand thanks to a continued recovery in global trade, after reporting it had swung to a net profit of 2.7 billion yuan ($429.42 million) for 2017.

S. Korea’s maritime industry shrinks in 2016: data
30/03/2018 https://www.hellenicshippingnews.com/s-koreas-maritime-industry-shrinks-...

South Korea’s maritime industry was scaled down in 2016 due mainly to a contraction in the shipbuilding and shipping businesses, the maritime ministry said Thursday.

Malta: Maritime industry has vast untapped opportunities
29/03/2018 https://www.hellenicshippingnews.com/malta-maritime-industry-has-vast-un...

This feature has no pretence to be a professional economic analysis of the contribution which the Maltese maritime industry makes to Malta’s gross domestic product. I hope that in the near future the Malta Maritime Forum will be able to undertake such a study which is essential to raise awareness about this industry.

Samsung Ningbo sends workers on compulsory vacation
Jason Jiang March 28th, 2018 http://splash247.com/samsung-ningbo-sends-workers-compulsory-vacation/

Samsung Ningbo, the Chinese yard owned by South Korean shipbuilding major Samsung Heavy Industries, has implemented a compulsory vacation plan with its employees due to a lack of new orders.

Liabilities of employer when seafarer suffers work-related injury
Dennis Gorecho - March 25, 2018 https://www.panaynews.net/liabilities-of-employer-when-seafarer-suffers-...

THE LIABILITIES of the employer when the seafarer suffers work-related injury or illness during the term of his contract include medical treatment apart from disability benefits and sickness allowance.

A Quarter of Seafarers Show Signs of Depression
Aiswarya Lakshmi March 28, 2018 https://www.maritimeprofessional.com/news/quarter-seafarers-show-signs-d...

More than a quarter of seafarers show signs of depression - and many won’t ask for help, according to a study of seafarers’ mental health presented at Sailors’ Society’s Wellness at Sea conference on 16 March, London.

Shipping seen as the softest of hacker targets
Sam Chambers March 28th, 2018 http://splash247.com/shipping-seen-softest-hacker-targets/

Shocking statistics published yesterday show just what a soft target shipping is for for hackers.

WSM joins the Maritime Anti-Corruption Network
28/03/2018 https://www.hellenicshippingnews.com/wsm-joins-the-maritime-anti-corrupt...

WSM has completed a comprehensive due diligence process administered by MACN to qualify membership. We are proud to be part of the network of socially responsible maritime companies to promote fair trade and good corporate practice.

Shipping lobby urges EU to compromise on maritime climate target
Megan Darby 28/03/2018 http://www.climatechangenews.com/2018/03/28/shipping-lobby-urges-eu-comp...

Calls for a 70-100% cut in shipping emissions by 2050 are “unlikely to achieve consensus support”, warns influential trade body ahead of a key UN meeting

UK forms new team to support advancement in maritime sector
28 March 2018

The Government of UK has appointed a new team of experts who are expected to offer advice on the development of the country’s maritime sector.

The newly appointed Maritime 2050 expert panel will work with the industry to ensure that the UK stays at the forefront of global shipping in future with the use of new technologies such as autonomous ships and digital ports.