Shipping Companies: Is Bigger Better?

Shipping Companies: Is Bigger Better?
Barry Parker June 27, 2019

“If consolidation was the solution to all that ails shipping, then container liner companies would be super profitable. They are not. In ‘commoditized’ sectors of the shipping industry, which by now includes pretty much everything apart from very small niche markets, there is hardly any economies of scale at the company level. As long as bigger is not in fact much better, then meaningful consolidation will not happen.”

Ship owner, Filipino crew contradict U.S. account of attack on tanker

Ship owner, Filipino crew contradict U.S. account of attack on tanker
INQUIRER.net US Bureau / June 27, 2019 https://usa.inquirer.net/33206/ship-owner-filipino-crew-contradict-u-s-a...

TOKYO — The Japanese owner and the Filipino crew of a tanker attacked in the Gulf of Oman offered a different account of the nature of the attack than that provided by the United States.

Marina 7 suspends capsized ship’s safety certificate

Marina 7 suspends capsized ship’s safety certificate
ELIAS BAQUERO June 26, 2019 https://www.sunstar.com.ph/article/1811723

THE Maritime Industry Authority (Marina) 7 has suspended the cargo ship safety certificate (CSSC) of mv Eva Mary Grace after it capsized off the port of Solid Earth Development Corp. (SEDC) in Barangay South Poblacion, San Fernando, Cebu Tuesday, June 25, 2019.

Crew members were loading sacks of cement onto the cargo ship when a swell upended the vessel.

‘Worrying complacency’ from operators on cyber, survey shows

‘Worrying complacency’ from operators on cyber, survey shows
Ed Martin 26 Jun 2019 https://www.marinemec.com/news/view,worrying-complacency-from-operators-...

Marina launches latest Seafarer’s ID Card system

Marina launches latest SID system
RAFFY AYENG June 26, 2019 https://www.manilatimes.net/marina-launches-latest-sid-system/574836/

The Maritime Industry Authority (Marina) launched a new Seafarer’s ID Card (SID) on Tuesday during the celebratory program marking the International Day of the Seafarers 2019, as declared by the International Maritime Organization (IMO).

Global maritime charity Stella Maris (Apostleship of the Sea) hails contribution of women in seafaring

Global maritime charity hails contribution of women in seafaring
25/06/2019 https://www.hellenicshippingnews.com/global-maritime-charity-hails-contr...

Global maritime charity Stella Maris (Apostleship of the Sea) is marking Day of the Seafarer by paying tribute to female seafarers and cruiseship crew members.

The charity is also highlighting the vital role its female trustees, port chaplains, head office staff and volunteers play.

Over 1,650 Cadets Graduate from 7 American Maritime Academies

Over 1,650 Cadets Graduate from American Maritime Academies
June 25, 2019 https://www.marinelink.com/news/cadets-graduate-american-maritime-467701

The American Maritime Partnership (AMP) — the voice of the domestic maritime industry — congratulates the more than 1,650 young men and women who have graduated from the seven U.S. maritime academies this Spring.

Ambassador Carlos Salinas: Celebrating our global maritime professionals

Celebrating our global maritime professionals
Ambassador Carlos Salinas June 26, 2019 https://www.manilatimes.net/celebrating-our-global-maritime-professional...

Yesterday was Day of the Seafarer — an annual event commemorated globally, to acknowledge and give praise to 1.5 million seafarers for their incomparable contribution to our lives, our nation and our world.

Marina inaugurates central-office building, celebrates 45th anniversary

Marina inaugurates central-office building, celebrates 45th anniversary
June 26, 2019 https://businessmirror.com.ph/2019/06/26/marina-inaugurates-central-offi...

The Maritime Industry Authority (Marina) has formally inaugurated its first and newly constructed central-office building at Bonifacio Drive corner 20th Street, Port Area, on June 5.

New Orleans cargo shipping exec gets 18 months in price-fixing case, but feds to push for reduction

New Orleans cargo shipping exec gets 18 months in price-fixing case, but feds to push for reduction
RAMON ANTONIO VARGAS |June 25, 2019 https://www.theadvocate.com/new_orleans/news/crime_police/article_ff3172...

A Honduran businessman whose company has offices in New Orleans received an 18-month prison sentence on Tuesday for pleading guilty to illegally plotting to raise the cost of cargo shipments to and from the United States.

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