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Gland, Switzerland: Some of the world’s most famous seas are also the most endangered, according to a new study on maritime accidents released on World Oceans Day.
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The South China Sea and the East Indies, the Eastern Mediterranean and the Black Sea, the North Sea and the British Isles have all been identified as dangerous hotspots for ship accidents.
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“Since 1999, there have been 293 ship accidents in the South China Sea and East India, home to the Coral Triangle and 76 percent of the world’s coral species. said Dr Simon Walmsley, Marine Manager, International. “Recently in April this year, we saw a Chinese fishing boat run aground on a protected coral reef in the Philippines that had already damaged a US Navy ship in January.
Fishing vessels accounted for nearly a quarter of vessels lost at sea, but general cargo vessels accounted for over 40 percent. Cargo ships often use short shipping routes, associated with the tramp trade, where ships do not have a fixed route and undertake opportunistic trade, especially in Southeast Asia.
Environmental risk is directly related to the type and quantity of hazardous materials, including oil, being transported and the sensitivity of the marine area where any accident could occur.
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In 2002, the oil tanker Prestige sank, resulting in the release of over 70,000 tons of oil into the Atlantic Ocean off the coast of Spain.
“The Prestige oil spill caused not only an environmental impact, but also economic losses estimated at 8 billion euros. Even small-scale accidents in highly sensitive environments such as the Great Barrier Reef can have profound environmental consequences,” Dr Walmsley said.
Climate change models show increased storm surges, changing wind and wave patterns, and extreme weather events are likely to increase the risk of collapse, which could lead to potentially catastrophic environmental destruction. Fifty percent of all accidents are caused by grounding, where a boat sinks due to a storm, a leak, or breaking in two.
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As the global fleet continues to rapidly expand and begins to operate routinely in riskier areas, the likelihood of accidents and the likely severity of impacts will increase again unless precautions are taken to address identified risk factors.
“We really want to see the shipping industry promote greater owner and operator responsibility and encourage owners to register in better flag states, the country where the vessel is registered.”
“In addition, irresponsible and bad owners and countries must be exposed to motivate them to raise their standards significantly, which will reduce the number of accidents we still see today,” Dr Walmsley said.
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Report by Southampton Solent University: Nickie Butt, Professor David Johnson, Dr Kate Pike, Nicola Price-Roberts, Natalie Vigar.
Marine Casualty Infographic JPG 798KB Marine Casualty Report Summary PDF 507KB 15 Years of Marine Casualties: An Overview PDF 2.49MB Provide details of what you need help with, along with a budget and time limit. Questions are asked anonymously and can be 100% private.
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Trading Habits: 39 of the World’s Most Powerful Stock Market Rules Steve Burns & Holli Burns Contents When did I start trading? The Power of Habit Rule 1 – 15 The Basics Rule 16 – 27 Mind Over Emotion Rule 28 – 39 The Keys to Profitability Become a Better Trader © Copyright 2015, Stolli Media, LLC. All rights reserved. No part of this publication may be reproduced, distributed or transmitted in any form or by any means without the prior written permission of the publisher, except in the case of brief quotations contained in critical reviews and certain other non-commercial uses permitted by law. about copyright. . Disclaimer: This book is informative and should not be used as trading advice. All traders should gather information from multiple sources and create their own trading systems. The authors make no warranties with respect to the claims made herein. Please behave responsibly. When did I start shopping? Looking back on my life, I don’t remember a time when I wasn’t interested in the markets. As a teenager, I was fascinated by complex return tables and the magic of capital growth over time. Before the internet, I remember looking at stock prices in the newspaper. My love for trading and markets continued to grow. I have spent the last 20+ years investing and trading. My efforts to be a successful trader led to reading hundreds of trading books and putting what I learned into practice. Since the learning curve was so steep, I decided to make…
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