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28 August 2015
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Casualties and Transparency
Casualties and Transparency briefing E-mail

Issue Summary

The primary Intercargo issue concerns the Annual Trend of Bulk Carrier Casualties, which are reported on an annual basis to IMO.  However, there is also value in providing Members with a summary report of “Negative Performance Indicators” (NPI) to inform Members about Collisions, Groundings and other matters. 

Intercargo Policy

Intercargo believes that reporting maritime casualties and NPIs should be made more transparent as the benefit of promulgating “lessons learnt” to the wider shipping community outweighs any legal consequences of withholding sensitive information.  The current role of the IMO in reporting such accidents is acknowledged and could perhaps be extended to incorporate a publicly accessible area of the website where Flag States could log reports of serious incidents. Owners could therefore make more informed choices as to potential registers based on whether a particular flag state conducted efficient and timely inquiries into significant casualties.

Summary of Recent Developments

The 2014 Intercargo Bulk Carrier Casualty Report will note that nine dry bulk vessels were either lost or involved in a serious casualty. The full report will be submitted to the relevant IMO Committee for consideration during 2015.

So far in 2015 there has been one significant casualty, that of the Bulk Jupiter, a vessel carrying bauxite that was lost on 2 January off the coast of Vietnam. Sadly, all but one crew member were lost.

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Last Updated on Friday, 13 February 2015 14:27