Maritime risk management and environmental assessment organization RightShip has updated the age trigger for dry bulk vessel inspections for vessels over 8,000 dwt to 14 years, from the previous age trigger of 18 years, effective January 1st 2018. After this an annual inspection will be required.
Rightship said that the amended rule reflected changing market conditions in the bulk carrier fleet. It noted that International Union of Marine Insurance figures revealed an increase in total bulker losses in the 15-to-19 age bracket in the period from 2012 to 2016 inclusive.
Meanwhile, RightShip has named Martin Crawford-Brunt as its new chief executive, succeeding Warwick Norman, who last year announced his decision to step down from the position.
Crawford-Brunt takes up his new post on March 12th. He joins RightShip from DNV GL, where he was responsible for leading significant change, transforming its business model and introducing innovative services. Crawford-Brunt will initially be based at RightShip’s London office.
Peter Mannion, RightShip Chairman and General Manager Marine Operations at Rio Tinto, said: “Martin Crawford-Brunt is a highly respected and effective leader and the perfect candidate to lead RightShip through its next phase. We have been looking for a candidate who has the industry knowledge that will help us grow, as well as the personal attributes to lead and inspire a global team. I am confident that Martin possesses the right mix of maritime industry experience, management and leadership skills to continue the outstanding contribution made by Warwick Norman over the last 16 years.”
Warwick Norman will continue to support RightShip as a strategic consultant to the board during the CEO transition process.