Company presentation: Fairsky Shipping and Trading S.A. Also in this issue: Status of IACS rules development, Terminal perspective of bulk carrier deisgn, and Dry bulk market - what next?
AlsoDate: 12 February 2008
Company presentation: Fairsky Shipping and Trading S.A. Also in this issue: Status of IACS rules development, Terminal perspective of bulk carrier deisgn, and Dry bulk market - what next?
AlsoDate: 12 February 2008

Fairsky in Athens is a global operator of 13 bulk carriers – five of the vessels to DNV class. Fairsky has some 400 crew members, there are 25 employees at its headquarters and the average age of the fleet is only eight and a half years. The vessels have an excellent Port State Control record, with almost no deficiencies and no detentions at all, and we asked the company president Liveris S. Stergiou how Fairsky can maintain such a healthy record.

When the subject of ‘incentives’ is raised, there is often confusion as to what is being proposed.

July 1st 2004 will in many ways mark a watershed in international merchant shipping. On this day, less than eight months ahead, more than 35,000 merchant ships and an estimated 20,000 port facilities worldwide must have obtained certificates stating that their operations are in accordance with the International Ship and Port Facility Security Code (the ISPS Code).
Two new unified requirements relating to the strength of double side skin (DSS) bulk carriers are now being developed by working groups in IACS. This work is being carried out in response to the agreement with MSC76 which states that there is a need to develop uniform international standards for double side skin construction, preferably in collaboration with IACS.

“Surely the only desire of the dry bulk terminal operator is to cause as much damage to a bulk carrier as possible! To do this he employs a formidable arsenal of “weapons of mass destruction” (as stated at a recent conference in London) comprising high speed loaders, heavyweight grab unloaders not to mention bulldozers and other devices in the hold.” So why are terminal operators interested in bulk carrier design. What are their concerns? Are they valid? Are they reasonable? And could their so-called safety concerns have an impact on the traditional operational relationship between ship and shore?
There seems to be some confusion on how to calculate or estimate the possible cargo intake with respect to coil loading. When looking into the literature or talking to operators you will get varying answers, and the methods applied are often based on general assumptions and experience rather than the physical characteristics of steel coil loading.
There has not been much summer quietness in the dry bulk market this year and the autumn has shown record increases in rates. After rather modest fluctuations at high levels over the summer, September and especially October have seen amazingly strong developments.