Loss Prevention Advice
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Introduction
As the U.S. continues to “maximize economic pressure on the Iranian regime” the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and U.S. Department of State (DoS) have respectively issued important guidance and findings, which maritime stakeholders should be aware of and comply with.
The main points to note from these updates for maritime stakeholders are set out below.
Guidance for Shipping and Maritime Stakeholders on Detecting and Mitigating Iranian Oil Sanctions Evasion
On 16 April 2025, OFAC issued an update to its previous September 2019 advisory in respect of Iran. This update seeks to assist the shipping and maritime industry to identify sanctions evasion related to the shipment of Iranian-origin petroleum and related products. Also, the advisory seeks to assist the implementation of sanctions compliance practices to guard against sanctions risks.
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The causes of losing containers overboard are numerous and often complex, though very often basic operational errors are a factor. The consequences of container loss should justify time, cost and effort by ship owners and operators in reviewing and improving preventative measures.
Causes
Heavy weather
Quite apart from casualties, resulting in containers being lost overboard due to e.g. grounding, foundering or collision, heavy weather is often the most common factor resulting in stack collapse during otherwise routine voyages. In the SVENDBORG MAERSK waves of 10 metres reportedly caused rolling in excess of 40 degrees. The master had reportedly prepared for bad weather but did not foresee how much worse the actual weather and wave situation turned out to be. Recent claims experience is that ship handling in heavy weather is also a relevant factor in losing containers. In one case a master proceeded at full speed in an unsuccessful attempt to outrun a typhoon; and in another, a master failed to heed warnings issued by the IMO relating to synchronous and/or parametric rolling by slowing down in following seas.
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Below you will find a weekly report dated 2 July 2025, covering the period of 26 June to 2 July 2025, where no incidents were reported:
- 0 maritime security incidents in West Africa in the last 7 days
- 0 maritime security incidents in the Indian Ocean/Middle East in the last 7 days.
Full advisory at the following link.
https://britanniapandi.com/wp-content/uploads/2025/07/ARC-Weekly-Report-02.07.25.pdf
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Over the past week, 24-30 June, two incidents of armed robbery against ships in Asia (one CAT 3 incident and one CAT 4 incident).
One incident occurred onboard ships while underway off Pulau Cula, Indonesia, in the eastbound lane of the Traffic Separation Scheme (TSS) of Singapore Strait (SS), and another incident occurred onboard a ship at Kakinada Anchorage of India. The crew members were not injured in the two incidents. Some engine spare parts were stolen in one incident and nothing stolen in the other incident.