seafarertimes.com ~ Maritime News for Filipino Seafarers

Container ship grounding in Baltic sea Update
Mikhail Voytenko May 17, 2018 https://maritimebulletin.net/2018/05/17/container-ship-grounding-in-balt...

Asian shipowners urge greater collaboration with ICS
17 May 2018 http://www.seatrade-maritime.com/news/global-whispers/asian-ship-owners-...

With Asia gaining prominence in the maritime industry, the relationship between the Asian shipowners and the International Chamber of Shipping (ICS) has become even more important.

What #MeToo Means For The Maritime Sector
Susan Bickley, Emery Richards and Jeanne Grasso May 17, 2018

Maersk to Cut Services as It Battles Shipping Glut
Costas Paris and Ian Walker May 17, 2018 https://www.wsj.com/articles/maersk-to-cut-services-as-it-battles-shippi...

The container operator’s first-quarter loss widened amid falling freight rates and rising trade risks and fuel costs

Rough waters ahead when it comes to cyber risks
17 May 2018 https://www.ship-technology.com/features/rough-waters-ahead-when-it-come...

As the maritime industry is going through transformational change, it faces different risk exposures and a raft of new challenges. Sarah Stephens, partner and head of cyber at JLT Specialty, considers the issue of cyber incidents in the shipping industry.

Effects of mental well-being on personal injury and recovery
17/05/2018 https://www.hellenicshippingnews.com/effects-of-mental-well-being-on-per...

Personal injury and illness claims are of course very different from property claims and besides the actual injury or illness sustained the “human element” can vastly alter the outcome of the recovery period and thus making the matters somewhat unpredictable to deal with.

Crew a Gray Area for Insurance Claims
2018-05-16 https://www.maritime-executive.com/article/crew-a-gray-area-for-insuranc...

Who are the crew?” and “what are wages?” are just some of the areas of marine claims “shaded in gray,” says Willum Richards, chairman of the Association of Average Adjusters, those who apportion liability for loss after marine casualties.

Rising oil prices and lower spot market rates dampen Q1 maritime margins
Vishnu Rajamanickam May 16, 2018

Shipping majors like Hyundai Merchant Marine, Yang Ming, and Hapag-Lloyd have released their Q1 earnings, reporting deficits in the quarter - as the maritime industry faces a steadily rising oil price and a spot market that had been weak for the initial few months of the year.

Salvors battle container ship fire
Peter Barker 15 May 2018 http://www.maritimejournal.com/news101/tugs,-towing-and-salvage/salvors-...

Global salvage specialists Ardent and Smit Salvage are engaged in a major salvage operation following a container ship fire in the Arabian Sea.

6 missing after ship sinks in China
Xinhua| 2018-05-16 http://www.xinhuanet.com/english/2018-05/16/c_137183939.htm

FUZHOU, May 16 (Xinhua) -- Six people went missing after a cargo ship sank in sea area off east China's Fujian Province, local authorities said Wednesday.

Early Wednesday morning, 11 crew members aboard the cargo ship fell into the water 1.8 nautical miles off the coast of Tangyu Island of Fuzhou City.