Shipping News revived

Maritime News
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Act NOW, or face the problems and costs later:

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More from the Ship Management Market Report:

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It is when it is applied to providors that it really upsets crews. In one company they changed 3 times and each time the items that could be ordered got less and those that could were of less quality. All the companies supplying food were based in Singapore. I remember the cook showing me a carton of what was supposed to be bacon was more like a box of lard.

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ONE to add more ships to their fleet:

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A happy crew makes for a happy ship:

Which is also a safe ship. (??)

1 Like
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Sad news:

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At one time it was the Spanish Silver Dollar (Real), than the Pound Sterling and the last 70+ years, the US Dollar that dominated in the shipping world.

What comes next??

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Mega merger in the tanker world:

And the tanker market reacts:

Free flow of Champagne at Theatercafeen tonight??

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Has Biden’s policy force the liners to change tack?:

No, it looks like Putin and Covid has done the trick:

And after the Champagne party:

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New CTM procedures in the Suez Canal:
In wake of the recent decision to regulate and control the flow of foreign currencies in and out of the country by the Central Bank of Egypt, a new regulation for CTM delivery in Suez Canal and all the Egyptian ports has been stipulated as follows:
“ the related formalities to withdraw the CTM amount from the bank need Two full working days. It has to be mentioned clearly in the remittance’s details that this amount is intended for a CTM delivery for “vessel’s name”.”
Please consider the following points:

  1. CTM formalities take 48 hours to process from the time the CTM is received into our account, therefore the CTM amount should be received + two full working days prior to vessel’s arrival.
  2. National holidays and the weekend ( Friday and Saturday) are not working days for CTM processing period.
  3. If formalities are not completed by the bank due to shortage of time, the CTM will not be able to be released by the Custom Authorities.
    Kindly be guided accordingly & shall update you if these regulations eased in the near future.
    Source: Dominion Shipping Agencies (Egypt)
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Somebody was not invited to the Champagne Party apparently:

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The World of Shipping is affected by all kinds of events all over the world:

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Swire is back to it’s roots in Shipping. Opening new liner service Vietnam -UWC:

They are moving out of the OSV by selling SOP to Tidewater:

Moving into the Renewable segment through Swire Energy service:

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How big is big enough for John Frederiksen?

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Swire is aggressive in the Asia - USWC market: