ombugge
September 26, 2022, 12:32pm
245
ombugge
September 28, 2022, 12:45pm
247
More from Singapore Market Report 2022:
How can Singapore keep shipping flowing smoothly in the event of another global health crisis? September 2022 seems a very far cry from the summer of 2020, a period of time where seafarers were rightly railing against the flip-flapping inaction of...
Estimated reading time: 6 minutes
ombugge
October 2, 2022, 1:55pm
248
Regulations on the disposal of food wastes in Chinese waters:
Members with ships calling at Chinese ports or sailing off Chinese waters are recommended to ensure that their crew are briefed, and coordinates of the baseline are plotted on the chart to visually display the area(s) prohibited from discharge, and to avoid violations due to the distance between vesselâs position and the nearest territorial sea baselines fail to comply with discharge requirements.
1 Like
ombugge
October 3, 2022, 2:45pm
250
Hope the US Navy read this forum so they donât risk getting fine for dumping food waste in Chinese waters when they do their âFreedom of Navigationâ operations in the Taiwan Strait.
PS> The spy ships and submarines on stealthy operations probably have more sense than to dump garbage when in Chinese waters.
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Are U sure US Navy ship or any navy has to care??
I am not sure.
ombugge
October 3, 2022, 8:40pm
252
OK maybe not legally, but the Chinese is getting media savvy, they may tip off the NYT et al. that the US Navy donât care about the environment
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Must admit yours is a very interesting angle.
But then some may not wait for China to use liberal media leverage and rise the environmental hype about Marpol lenient treatment of navy ships of all flags.
It could work, as only negligible number of insiders understand it is B.S. The rest will surely follow the battle cry, howl in anguish and protest. Works nicely like in below example :
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ombugge
October 5, 2022, 12:13pm
255
Tanker market is the place to be (for now):
Tanker sceptics were not just thin on the ground in the ballroom of the Fullerton Hotel last week, they were non-existent. In our ongoing coverage of the Maritime CEO Forum from Singapore, todayâs focus is on the high-level, bullish tanker panel. âIf...
Estimated reading time: 5 minutes
Following many rounds of sanctions levelled against Russia, the Baltic Exchange has decided to suspend covering three tanker routes as well as changing the description of another Black Sea route. TD17 and TD24, dirty tanker indices which assess rates...
Estimated reading time: 1 minute
But there are also some darker clouds on the horizon:
By Barry Parker (gCaptain) â A recent Substack article in the âMisadventures in Shippingâ series by analyst Edward Finley-Richardson notes that oil exports out of Novorossiysk Sea Port (NSP) have had...
Est. reading time: 4 minutes
As market participants are beginning to grapple with the impacts of sanctions (in theory, positive for the market because of the longer voyages and inefficiencies all around), word comes from OPEC+ that it is now considering oil production cutbacks of as much as 1 million barrels/ day in the face of lowered oil prices. If all else is unchanged (a very big âifâ, I know), that would lead to reduced tonnage demand for tankers. We live in interesting times, as the saying goes.
ombugge
October 6, 2022, 9:28pm
256
ombugge
October 8, 2022, 4:33pm
257
To pay or not to pay is not optional:
ombugge
October 12, 2022, 1:05pm
258
The Maritime CEO Forum in Monaco is on, with an emphasize on the Med.:
Ahead of todayâs Maritime CEO Forum taking place at the Monaco Yacht Club, Splash assesses the state of the Monagesque maritime cluster. Of the five hubs covered in Splashâs Mediterranean Hubs magazine none has a leader who is more passionate about...
Estimated reading time: 4 minutes
Across the Mediterranean maritime hubs are developing, offering a full range of services and establishing themselves at shippingâs top table. Splash has identified the five leading maritime capitals in the region - Athens, Genoa Limassol, Marseille...
Ship Financing beyond the Med. gets a mentioning as well:
Ahead of his turn at the Monaco Maritime CEO Forum today, our ship finance columnist runs the rule over the still buoyant shipping markets. Banks are very much back into shipping, and my guess is they will be for the following few years as markets...
Estimated reading time: 3 minutes
1 Like
ombugge
October 13, 2022, 10:47am
259
If you thought that only US election matter to the shipping world, think again:
Shipping is holding its breath as political leaders gather in Beijing. Charlie Du Cane pours some caution to those hoping Xi Jinpingâs reappointment will instantly see an economic boost to shippingâs most important nation. Chinese...
Estimated reading time: 4 minutes
Charlie Du Cane is well known in that same shipping world:
Charlie is a writer, businessman and investor, and lived and worked in Greater China for fifteen years. A Mandarin speaker, he has travelled extensively across the region, both in his work in the shipping industry, and in a personal capacity. Whilst...
ombugge
October 17, 2022, 10:12am
261
While the container market is falling like a rock LNG is heading for the stratosphere:
Spot rates for LNG carriers continue to soar to new highs. The Baltic Exchange has rates as high as $450,000 a day, while Spark Commodities reports fixtures in the Atlantic at $425,000 a day, with many analysts suggesting the half a million dollars a...
Estimated reading time: 2 minutes
ombugge
October 17, 2022, 10:27am
262
The Monaco talkshop is over. Here is some highlights:
Kicking off coverage of last weekâs Maritime CEO Forum held at the Monaco Yacht Club, Splash brings readers key takeaways from our wide-ranging debate on how the shipmanagement sector is set to undergo significant change in the coming decade....
Estimated reading time: 3 minutes
The panel debated about where new sources of crew might come from with InterManagerâs Szymanski surprising the audience by revealing that the UK is by some distance the most dynamic country in Europe in terms of new seafarers per year because of tax. Around 1,000 youngsters are joining maritime colleges for free in UK every year.