(New) Maritime Security Transit Corridor for Gulf of Aden, Bab-el-Mandeb and the Southern Red Sea announced

Recent attacks against merchant shipping in the Gulf of Aden and Bab Al Mandeb have highlighted the risks associated with transiting these waters.  The multiple types of risks and the broad expanse of ocean on which these attacks can occur dictate that Naval Forces must be used in the most efficient manner possible.  To assist…

Controversy Rises Again over Future Prospects of Shipbuilding Industry

Controversy over future prospects of the shipbuilding industry is rising again. This has come after Hyundai Heavy Industries lost an ultra large container vessel (ULCV) deal to Chinese shipbuilders. According to shipbuilding industry sources on September 6, SK Securities, including analyst Ahn Young-jin, released a 52-page research paper under the title of the “Effects of…

ISO 37001 – Anti-bribery management systems in Shipping

Bribery is one of the world’s most destructive and challenging issues. With over US$ 1 trillion paid in bribes each year (source: OCDE), the consequences are catastrophic, reducing quality of life, increasing poverty and eroding public trust. Yet despite efforts on national and international levels to tackle bribery, it remains a significant issue, especially in the maritime/shipping…

Cyprus Flag Administration permits the use of electronic Oil Record Book eORB

(http://www.MaritimeCyprus.com) The Cyprus Department of Merchant Shipping (DMS) announced it has provided permission for the use of electronic oil record books (eORB) onboard Cyprus-flagged vessels. Under MARPOL regulations, oil tankers of 150 gross tonnes or more are required to maintain Oil Record Book Parts I and II for cargo or ballast operations, while all ships…

Risk Focus: Hatch Covers considerations

(http://www.MaritimeCyprus.com) This detailed publication from UK P&I club, written in conjunction with Surveyor IMCS, deals with all aspects of hatch covers including testing and evaluation of watertight integrity, common maintenance problems and evidence to produce in the event of a claim. This document has been designed to help those involved in inspecting, testing and evaluating the weathertight integrity of hatch covers…

Bureau Veritas releases new rules for offshore service vessels and tugs

(http://www.MaritimeCyprus.com) Leading international classification society Bureau Veritas has issued new rules for the Classification of Offshore Service Vessels and Tugs, including new class notations for pipelay vessels, accommodation units, offshore construction vessels and offshore support vessels. Gijsbert de Jong, Bureau Veritas Marine Marketing and Sales Director, said: “With this new publication Bureau Veritas provides the…