Bulk Trade-Off: Blood for Money in Indonesia BY MARIO VITTONE ON MAY 23, 2013 Nickel ore from Indonesia is loaded in remote ports like Obi Island (in yellow), far from the prying eyes of regulators. The trade is profitable, but is coming at an enormous human cost. On February 17th of this year, the Harita Bauxite sank off Cape Balinao … Continue reading »
Big ships – big problems..??
China Shipping Container Lines’ order for five 18,400teu ships signals another round of vessel upsizing, says analyst Although it seemed just a matter of time before others again followed Maersk’s lead on big ship innovation, CSCL’s recent order confirms the well-established trend, according to analyst Drewery’s latest Container Insight report. So what does this mean … Continue reading »
Nigeria to Change from FOB to CIF
Reblogged from What Happened to the Portcullis?: The Federal Government of Nigeria is set to change its trade policy from the present Free on Board (FOB) to Cost, Insurance and Freight (CIF) which most countries across the world use because of its economic benefits, before the end of the year. FOB makes it mandatory for … Continue reading »
The trouble with Safety Sheets
Reblogged from What Happened to the Portcullis?: The TT Club says that the abuse of safety data sheets (SDS) for cargo bookings is “uncomfortably frequent” leading to the view that shipping executives feel “surrounded by criminals”. The following expose is no less pertinent to Customs risk-profilers. A recent TT Club claim relating to a fire … Continue reading »
Invisible Patterns - to thwart clothing counterfeiters
Reblogged from What Happened to the Portcullis?: Wondering whether the $50 Armani suit you bought in that alley in Hong Kong is the genuine article? Soon, there may be a definitive way of knowing. A new system has been developed, in which designer-specific invisible patterns can be woven into fabric. Professor Christian Müller, at Sweden’s … Continue reading »
Crossing a River… Russian Style
Novel but dangerous way of crossing a river.. Good one.. View this video..
China Shipping Orders World’s Biggest Box Ship
China Shipping Orders World’s Biggest Box Ship From Hyundai China Shipping Container Lines Co. (2866), the country’s second-biggest shipping company, ordered the world’s biggest container ship, taking over the title from A.P. Moeller-Maersk A/S. (MAERSKA) Hyundai Heavy Industries Co. (009540) will build five vessels each capable of carrying 18,400 20-foot containers for $700 million for … Continue reading »
Women in the maritime industry
THIS ONE GOES OUT TO ALL THE LADIES IN THE MARITIME AND SHIPPING INDUSTRY.. RESPECT.. Shipping has historically been a male-dominated industry and that tradition runs long and deep. However, through its global programme on the Integration of Women in the Maritime Sector, IMO is making a concerted effort to help the industry move on … Continue reading »
Monthly Piracy Report April 2013
Reblogged from Officer of the Watch: All information presented below are retrieved from ICC Commercial Crime Services (CCS) and IMO Global Integrated Shipping Information System. Information are being updated on a monthly basis. Total Attacks Worldwide: 76 Total Hijackings Worldwide: 4 Vessels held by Somali Pirates: 5 Hostages held by Somali Pirates: 77 Read more… 1,954 more words
Long-term lay-ups could be the only answer to grim Asia-Europe trade
By Gavin van Marle - 05.02.2013 As Hong Kong-based container shipping line OOCL celebrated the launch of its latest 13,200teu container ship at the Geoje shipyard in South Korea, the prospects for the Asia-Europe trade, the lane on which it will operate, could hardly be more grim. Christened the NYK Hercules and to be chartered by OOCL’s G6 … Continue reading »
