Impact of Bigger Ships - an Insurers Perpective
IMPACT OF
BIGGER SHIPS
- an insurer’s perspective
Phillip Emmanuel, Regional Director, Asia Pacific – 24th June, 2015
‘CMA-CGM Marco Polo’
established expertise | 2
'Maersk Mc-Kinney Moller’
established expertise | 3
‘CSCL Globe’
established expertise | 4
‘MSC Oscar’
established expertise | 5
Overall impact of increasing ship size
Shipping Lines:
Benefits of
reduced ship operating costs
lower cost per container moved
improved environmental impact
Risks of
reduced manoeuvrability & increased ‘windage’
potential single loss of ship and cargo
missing optimum capacity targets
Ports and Terminals:
Risks of
initial & maintained berth & channel dredging
capex for longer berths, craneage & yard
infrastructure
berthing challenges (tugs, mooring lines &
bollards)
congestion within & outside terminal
established expertise | 6
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 7
Bigger ships require bigger and more cranes
established expertise | 8
Port/Terminal Total Claims Costs 2010-2014
Quay
crane
25%
Other
68%
Ship
impacts
7%
established expertise | 9
Ship collisions with berth
established expertise | 10
Ship collisions with cranes
established expertise | 11
Quay crane claim costs
Stack
Collision
10%
Twin Twenty Other
Issue
2%
5%
Boom to
ship
collision
25%
Weight,
twistlock,
cell guide
issue
10%
Crane
collapses
11%
Wind cranes
11%
Other
Collision
13%
Other
Spreader,
Hoist
Issues
13%
established expertise | 12
Boom collisions
established expertise | 13
Windstorm – crane blown along wharf
established expertise | 14
Ship stack collision
established expertise | 15
Twin Twenty issue
established expertise | 16
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 17
‘MSC Flaminia’ fire, Jul 2012
established expertise | 18
‘Emma Maersk’, Suez Canal, Feb 2013
established expertise | 19
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 20
Loss prevention actions & Conclusions
Shipping Lines:
Ensure good master / pilot communications
Contract for tugs of sufficient capacity & number
Expect to go to sea when storm forecast
Ports and Terminals:
Position quay cranes in the centre of the berth
Specify & maintain cranes appropriately
Expect & plan for storm conditions
Consider automation
established expertise | 21
Thank you
Any questions?
Phillip Emmanuel, Regional Director, Asia Pacific – TT Club
Phillip. emmanuel@thomasmiller.com
www.ttclub.com
BIGGER SHIPS
- an insurer’s perspective
Phillip Emmanuel, Regional Director, Asia Pacific – 24th June, 2015
‘CMA-CGM Marco Polo’
established expertise | 2
'Maersk Mc-Kinney Moller’
established expertise | 3
‘CSCL Globe’
established expertise | 4
‘MSC Oscar’
established expertise | 5
Overall impact of increasing ship size
Shipping Lines:
Benefits of
reduced ship operating costs
lower cost per container moved
improved environmental impact
Risks of
reduced manoeuvrability & increased ‘windage’
potential single loss of ship and cargo
missing optimum capacity targets
Ports and Terminals:
Risks of
initial & maintained berth & channel dredging
capex for longer berths, craneage & yard
infrastructure
berthing challenges (tugs, mooring lines &
bollards)
congestion within & outside terminal
established expertise | 6
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 7
Bigger ships require bigger and more cranes
established expertise | 8
Port/Terminal Total Claims Costs 2010-2014
Quay
crane
25%
Other
68%
Ship
impacts
7%
established expertise | 9
Ship collisions with berth
established expertise | 10
Ship collisions with cranes
established expertise | 11
Quay crane claim costs
Stack
Collision
10%
Twin Twenty Other
Issue
2%
5%
Boom to
ship
collision
25%
Weight,
twistlock,
cell guide
issue
10%
Crane
collapses
11%
Wind cranes
11%
Other
Collision
13%
Other
Spreader,
Hoist
Issues
13%
established expertise | 12
Boom collisions
established expertise | 13
Windstorm – crane blown along wharf
established expertise | 14
Ship stack collision
established expertise | 15
Twin Twenty issue
established expertise | 16
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 17
‘MSC Flaminia’ fire, Jul 2012
established expertise | 18
‘Emma Maersk’, Suez Canal, Feb 2013
established expertise | 19
Agenda
Impact of bigger ships
Typical incidents at ports & terminals
08
Impact of incidents at sea
18
Loss prevention actions & Conclusions
21
established expertise | 20
Loss prevention actions & Conclusions
Shipping Lines:
Ensure good master / pilot communications
Contract for tugs of sufficient capacity & number
Expect to go to sea when storm forecast
Ports and Terminals:
Position quay cranes in the centre of the berth
Specify & maintain cranes appropriately
Expect & plan for storm conditions
Consider automation
established expertise | 21
Thank you
Any questions?
Phillip Emmanuel, Regional Director, Asia Pacific – TT Club
Phillip. emmanuel@thomasmiller.com
www.ttclub.com