25 AUG 2022 China has not done itself any favors with the PLA visit this month, which plays into concerns that it is trying to militarize the island. The Chinese tracking ship Yuan Wang 5 has finally docked at Hambantota Port in Sri Lanka for replenishment after India and the United States tried, …
Read More »UKRAINE’S GRAIN SHIPPING CORRIDOR APPEARS TO BE WORKING
24 AUG 2022 Ukrainian grain flows are pushing down global prices as the newly opened crop-export corridor shows initial success. More than 500,000 tons of foodstuffs aboard 21 ships were exported from the country’s major Black Sea ports in the first half of August, under a deal agreed late last month. That’s far below …
Read More »AMID CREW CHANGE CRISIS, ITF INSPECTORS RECOVERED $37 MILLION IN UNPAID WAGES TO SEAFARERS IN 2021
23 AUG 2022 As if the pandemic hasn’t created enough problems for seafarers. Try also not getting paid. The International Transport Workers’ Federation came out with a report Friday showing that union ship inspectors recovered more than $37 million in unpaid wages to seafarers in 2021 as the crew change …
Read More »IS IT TIME TO RELOOK AT OCEAN CARRIERS’ TAX CONTRIBUTIONS?
22 AUG 2022 In June, President Joe Biden spoke by phone to several traders and farmers highlighting the impact of rising shipping costs and how they were affecting businesses. Biden went on to castigate shipping companies for hiking prices and promised to take an action, aimed at reducing the cost …
Read More »P&O FERRIES WILL NOT FACE UK CRIMINAL PROSECUTION FOR FIRING CREWS
21 AUG 2022 P&O Ferries is not going to face criminal charges in the UK for its actions firing roughly 800 seafarers with no advance notice and replacing them with lower paid contract workers in March 2022. That was the word from the UK’s Insolvency Service late today saying the …
Read More »THEORIES OF GIANT WAVES THAT SUDDENLY APPEAR AND VANISH
20 AUG 2022 Maritime folklore tells stories of giant waves that suddenly appear on the ocean and disappear just as quickly. While many people dismiss the existence of such waves as mythology, there are accounts of oil rigs and ships having encountered giant waves and giant troughs that suddenly appear …
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