
Geopolitical tensions accelerate the green transition
20 Mar 2025 - News
Geopolitical tensions accelerate the green transition
Interview from Stathis Theofilou BSM ESG Superintendent, as appeared in Naftemporiki
Published on 19 Jun 2023
Our ship was transiting heavy monsoonal seas on her route from Colombo to Salalah when she had water ingress into the forward bosun store. She subsequently suffered a black out and equipment damage due to the water ingress.
- Preparing for heavy weather / securing arrangements not effective.
- Testing of bilge alarms not effective / defective audible alarms of the alarm control system not identified.
- Safety inspections not effective / safety critical deficiencies not identified and reported.
- Superintendent inspections.
- Competency assessment.
- Emergency response.
- Ship was taken over in sub-standard condition and funding / budget was not sufficient.
- Owners 2022 OPEX, was approved in May 2022, while yearly budgets are normally approved at the end of a year. Until May 2022 funding of monthly advances were partially utilized to cover additional expenditure (2021 OPEX overruns) for repair and upgrading of safety related items and certain items to ensure that the vessel remained operational.
- Promoting and encouraging speaking up:
- SMS compliance.
- Risk assessment.
- Effective internal inspections and reporting.
- Heavy weather precautions.
- Alarm testing and follow-up.
- Emergency preparedness and response.
- Start-up after blackout condition and the same is prominently posted.
- Emergency bilge operations in the forecastle.
- Refueling the emergency generator.
- Mandatory office review by changing the setting in PAL.
- Adding weather tight integrity verifications of securing hatches, spurling pipes, other deck openings and internal communications.
20 Mar 2025 - News
Interview from Stathis Theofilou BSM ESG Superintendent, as appeared in Naftemporiki
17 Mar 2025 - News
14 Mar 2025 - News
25 Feb 2025 - News
19 Feb 2025 - News
18 Dec 2024 - News
06 Dec 2024 - News
05 Dec 2024 - News
29 Nov 2024 - News
The BSM Smart Academy has gained two more universities for its programme: the King Abdulaziz University in Saudi Arabia and the Arab Academy for Science, Technology and Maritime Transport in Egypt. This brings the partner network of the BSM Smart Academy, which was only launched by the BSM in April 2024, to six maritime institutions. BSM is also in cooperation talks with other universities.
18 Nov 2024 - News | Articles
22 Oct 2024 - News
Our commitment to Environmental, Social, and Governance (ESG) is embedded in every decision, process, and strategy. We aim to align our operations with long-term environmental and societal impact, gradually fostering sustainability thinking among our employees, local communities, suppliers, and partners. We address all material topics ensuring our approach is both thorough and inclusive.
02 Sep 2024 - News
14 Jun 2024 - News
03 Jun 2024 - News | Press Releases
21 May 2024 - News
Lessons from Recent Incidents