Industry

Appraisal report – Make it fair & effective

Appraiser should prepare for appraisal within ethical framework, means he should leave all biases aside.
Formal training to all appraiser should be conducted to explain the purpose of appraisal system and value of it.

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Bulker MV Vitaspirit hits wedding venue

The bulker 74,200-dwt Vitaspirit (built 2001) hit the Hekimbasi Salih Efendi Mansion, an 18th century wedding venue and restaurant. Reason suspected to be steering failure, but what happened to anchors? Anchor can be seen lowered but seems action was not taken on time.

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Aux Engine Failures – A brief report

A large container carrier, 8000-10000 TEU vessel carries 1000- 1500 reefers, for which they has high powered auxiliary engines installed. 3000-4500 KW engine is usual power installed on high reefer capacity container vessels, hence in case of breakdown the repair cost is considerably higher than other vessels.

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KPI in shipping Industry

We expect a fair KPI reporting for the industry learning and performance improvement. If reporting from each shipping companies are true then we believe that industry will gain from the BIMCO initiative.
BIMCO has launched Shipping KPI (Key performance indicator) System which is new start for shipping industry to benchmarks the performance of Ship, fleet and industry. As per information from Bimco, it has been developed with the help of 20 shipping related companies. Key features of this tool are;

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Human error: Fault analysis approach

While investigating a failure, blaming individual is more satisfying than targeting institution. Human errors are not rare and error factors are always surrounding us. Everyone can make error even if one is highly trained, experienced and motivated. There is no… Read More ›

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Cyber security at sea

Cyber threat is new unwarranted intentional or unintentional action which effects our technologies, computers, programs and data. Cyber security is not only about IT and its peripherals, and it is not only the responsibility of IT departments alone. Company and organization required to take a holistic, proactive, risk-based and well-practiced approach to identify the threat, invest in infrastructure and training ….

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Ship demolition -2016

Opposite to shipbuilding where development of ship passes through many processes, ship recycling is rather quick, however again it has to follow some guidelines. Few years back, there was no guidelines for shipbreaking, accidents in shipyard were usual, some accidents were immediate and… Read More ›

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Bunkering at Singapore

Before 2017- bunkering at Singapore often ended up in a dispute and finally ship owner, charterer and ship staff remains at receiving end of the loss. Under pressure of vessel departure, and lack of much support from anywhere, ship staff settles the dispute hurriedly and accepts… Read More ›

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Shipping up or down?

Baltic index inching high, company making profit but shipping confidence is low. When we receive contradictory reports, it becomes difficult to infer what is right and whether these news are giving a direction of shipping industry. In March 2016, we have… Read More ›

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IBF and Seafarers

What IBF ( The International Bargaining Forum) does for seafarers? Maritime industry is a unique multinational industry, where standardization of pay is paramount to protect seafarers. Therefore The International Bargaining Forum (IBF) was established in 2003, for collective bargaining of wages and… Read More ›

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Famous marine salvages

The legal concept that a marine salvor is entitled to a reward for the saving of imperilled marine property has been a recognized part of the admiralty law for more than 3,000 years. SALCON 89 – International convention on Salvage… Read More ›

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Shore staff – 2015 Job concerns

The 7th maritime employee survey carried out by Halcyon Recruitment and online training provider Coracle, which includes 3000 respondents from various backgrounds of  brokers, charterers, traders, senior management, technical, HSEQ, P&I, legal, insurance, vessel operators, liner trades, HR, crewing, admin, finance etc. The result… Read More ›

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Shipping confidence level

As per shipping adviser Moore Stephens, overall confidence levels in the shipping industry fell in the three months to November 2015, it is hovering at lowest level since this survey was started in the year 2008. Facts of this shipping confident survey… Read More ›

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ECA & CARB – Adaptation

From the 1st January  2015 onwards, vessels are required to comply with stricter sulphur limits within Emission Control Areas (ECAs), vessels are using Ultra LS Fuel oil or LS Marine Gas Oil. The vessel specific change over procedure and calculators are being followed… Read More ›

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IMO maritime safety instruments – Summarised

Below are some Marine Safety instrument name, Abbreviated Name, Date of entry into force: 1. International Convention for the Safety of Life at Sea, 1974 , SOLAS 1974 ·         Chief maritime safety convention. Replaced SOLAS 1960 and introduced “tacit acceptance” amendment procedure… Read More ›

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Port State Control: Trend analysis.

Port state control; administrative burden or safety for all? Once an international convention comes into force , the key issue to maritime industry is, how to implement the related convention ? Contracting party,  government, in general terms of seafarers: Flag… Read More ›

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