Hedge Funds Hunt for Shipping Debt in New Market Push

Hedge Funds Hunt for Shipping Debt in New Market Push
Reuters February 20, 2019 https://gcaptain.com/hedge-funds-hunt-for-shipping-debt-in-new-market-pu...

By Jonathan Saul and Maiya Keidan LONDON, Feb 20 (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector.

Fatalities, injuries among seafarers rising – SIRC study

Fatalities, injuries among seafarers rising – study
GENIVI FACTAO February 20, 2019 https://www.manilatimes.net/fatalities-injuries-among-seafarers-rising-s...

The seafaring industry is still seen as a dangerous profession, as the number of deaths, including by suicide, continue to rise, according to the Seafarers International Research Centre (SIRC) of Cardiff University, Wales.

Shipping firm MCE Shipping Lines launches sea commuting using water jeepney

Shipping firm launches sea commuting using water jeepney
John Rey Saavedra/PNA February 19, 2019 https://ptvnews.ph/shipping-firm-launches-sea-commuting-using-water-jeep...

CEBU CITY — Metro Cebu commuters may soon opt to escape the grueling road traffic by taking a catamaran or a sea jeepney in going to their destinations.

STI upbeat, buys NAMEI Polytechnic Institute

STI upbeat, buys maritime engineering institution
Jenniffer B. Austria February 19, 2019 http://www.manilastandard.net/business/biz-plus/288206/sti-upbeat-buys-m...

STI Education Services Group Inc., a unit of STI Holdings Inc., has acquired NAMEI Polytechnic Institute, an educational institution that offers courses in maritime transportation and marine engineering and naval architecture.

Blockchain at sea: How technology is transforming the maritime industry

Blockchain at sea: How technology is transforming the maritime industry
Christina Comben February 19, 2019 https://www.coinrivet.com/blockchain-at-sea-how-technology-is-transformi...

Maritime blockchain solutions have the potential to greatly improve efficiencies in shipping and bring this industry into the 21st century

Impact of Korean shipbuilding merger on LNG newbuild prices

Yard Talk | Impact of Korean shipbuilding merger on LNG newbuild prices
Cichen Shen 19 Feb 2019

The marriage between South Korea’s two largest shipbuilders might not be able to push up the newbuilding price for liquefied natural gas carriers by much. Competition from China will have a key role to play

Grounded Bulk Carrier 'Solomon Trader' Threatens UNESCO World Heritage Site in Solomon Islands

Grounded Bulk Carrier Threatens UNESCO World Heritage Site in Solomon Islands
February 19, 2019 https://gcaptain.com/grounded-bulk-carrier-threatens-unesco-world-herita...

Authorities in the Solomon Islands have reported a breach in the hull of the grounded bulk carrier MV Solomon Trader, sparking fears of an environmental disaster near the East Rennell UNESCO World Heritage site.

Marina urges ship operators to service ‘missionary routes’

Marina urges ship operators to service ‘missionary routes’
Faye Orellana - February 19, 2019 https://newsinfo.inquirer.net/1087413/marina-urges-ship-operators-to-ser...

MANILA, Philippines – The Maritime Industry Authority (Marina) is encouraging shipping companies to deploy ships to missionary routes to enhance the connectivity of the country’s islands.

DRUG BUST: Police intercept cargo ship smuggling €100 million worth of cocaine into Spain

DRUG BUST: Police intercept cargo ship smuggling €100 million worth of cocaine into Spain
Linda Hall -18 February 2019 https://www.euroweeklynews.com/2019/02/18/drug-bust-police-intercept-car...

A DRUGS network has been smuggling cocaine into Spain on cargo ships, police revealed after a 15-month investigation.

An outsider’s view of our neglect of seafarers

An outsider’s view of our neglect of seafarers
FEBRUARY 19TH, 2019 https://splash247.com/an-outsiders-view-of-our-neglect-of-seafarers/

In April Hubert Jaroni (pictured) will be running the London Marathon to raise funds for Sailors’ Society. Below this landlubber explains why he chose to run for this charity.

My brother-in-law is your not so humble editor of this site and my window into an opaque industry that the more I get to learn about the more it blows my mind.

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