Wow. Three inspectors obducted by master. !!! .
I have obducted temporarily 1 pilot in Duala Cameroon and 1 in Colombo Sri Lanka by forcing them to pilot the vessel to the plt stn as indicated on charts and as described in nautical publications but to obduct visiting inspectors had never crossed my mind
Video: Greek Troops Board Tanker, Arresting Captain on “Abduction” Charges (maritime-executive.com)
Greeks in news focus again. Nice article in Trade Winds but behing a paywall so BBC piece must do here.
Greece: Four dead in shooting at shipping company - BBC News
We live in interesting times for shipping:
An industry known for its volatility has entered a new period of extreme swings in earnings. New research carried out by Jonathan Chappell, a shipping analyst at Evercore ISI, an investment bank, highlights the extreme volatility seen across five...
Estimated reading time: 3 minutes
PNG coastal trade has a new entrant:
Never so bad that it isn’t good for somebody:
A Danish expert group has proposed to abolish the Danish International Ship Register (DIS) scheme, under which seafarers do not pay income tax — a move the country’s shipowners’ organisation Danish Shipping, has come out strongly against. The...
Estimated reading time: 2 minutes
“It will be a disaster for Danish shipping to abolish the DIS scheme, stressed Anne H. Steffensen, CEO of Danish Shipping. “Abolition of the DIS scheme will lead to significant and massive flagging of Danish-flagged ships to neighboring countries and other maritime nations around the world. Immediately, positions ashore must follow and in time we will also lose the Danish seafarers and important maritime skills. It is a highly unsafe experiment that one should stay far away from. I cannot warn against that strongly enough,” she said.
PS> Many Danish owned ships are already flying other nation’s flag and are managed from there.
From the lastest edition of “Maritime CEO”:
The Year of the Dragon, the most auspicious of animals in the Chinese zodiac, is upon us. What does the following year have in store for shipping’s fortunes? Maritime CEO is back with a unique annual outlook looking at the prospects for the main...
How will dry bulk fortunes differ from what materialised last year? The second installment in our brand new issue of Maritime CEO giving readers a sense of what to expect in the months ahead. Any dry bulk forecast must start with the state of the...
Estimated reading time: 5 minutes
Any dry bulk forecast must start with the state of the Chinese economy.
Despite, or maybe because of the court ruling, broker SSY is constructive on the Chinese steel complex going into this year, contrary to most macroeconomists.
For coal, SSY sees a decline in Chinese imports this year, but the London brokerage is predicting India and Southeast Asia will pick up that demand slack, leaving global coal trade stable at current record levels.
NIMBYs or a real problem?:
Which nation has the world’s most valuable commercial fleet? Two of shipping’s best-known data providers cannot agree. VesselsValue yesterday unveiled its top 10 shipowning nations, reviewing the total asset values for vessels by beneficial...
Estimated reading time: 2 minutes
VesselsValue yesterday unveiled its top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country.
Japan was at the top of the league, its fleet growing in price by 5% over the past four months, followed by China and Greece.
By a bit behind (as
#4) followed US owned vessels.