Container Shipping Bankruptcy Lends Insight on Potential Fallout from Trade War

Container Shipping Bankruptcy Lends Insight on Potential Fallout from Trade War
Sergey Moiseenko August 17, 2018 https://www.marinelink.com/news/container-shipping-bankruptcy-lends-4406...

Pinoy remittances: Up or Down?

Repatriation programme pulls down OFW cash remittance figures
Gilbert P. Felongco, August 17, 2018 https://gulfnews.com/business/economy/repatriation-programme-pulls-down-...

Philippine Central Bank said UAE, Saudi Arabia and Kuwait registered the biggest declines in cash remittances from OFWs in June

3 Seafarers Missing After Tanker Explosion

Three Seafarers Missing After Tanker Explosion
15 Aug 2018 https://www.porttechnology.org/news/three_seafarers_missing_after_tanker...

Three seafarers are missing with one other person suffering burns after an explosion on the tanker vessel M.T. Desh Vaibhav on August 14 off the Oman coast, according to a statement from the Shipping Corporation of India (SCI).

Seamen Abandoned in the Raid of Istanbul Ship for Two Months Do Not Pay Wages – The Union

Seamen Abandoned in the Raid of Istanbul Ship for Two Months Do Not Pay Wages – The Union
August 16, 2018 http://www.maritimeherald.com/2018/seamen-abandoned-in-the-raid-of-istan...

The crew of the Shipline ship, abandoned by the shipowner in the Istanbul raid, including Russian seamen, have not received a salary for two months.

IMO Fuel Regulations 2020: from headache to migraine for ship owners; IMO sulfur cap rules spark increasing appetite for LNG

IMO Fuel Regulations 2020: from headache to migraine for ship owners
17/08/2018 https://www.hellenicshippingnews.com/imo-fuel-regulations-2020-from-head...

Analysis: when it rains on Maersk, it can pour

Analysis: when it rains on Maersk, it can pour
Alessandro Pasetti 15/08/2018 https://theloadstar.co.uk/analysis-rains-maersk-can-pour/

‘When it rains it pours’, I thought soon after reading that the Colombian navy, according to Maritime Denmark, had seized “1,144 packages that each contained 1 kg of pure cocaine (…) found onboard the containership Cap San Tainaro, owned by German shipping company Hamburg Süd, which is part of Maersk Line”.

Cargo vessel runs aground off Legazpi City amid monsoon rains, faces P665K fine for damage to reef

Cargo vessel runs aground off Legazpi City amid monsoon rains
August 12, 2018 http://www.gmanetwork.com/news/news/regions/663880/cargo-vessel-runs-agr...

A cargo vessel ran aground at noon Sunday, just 100 meters from the shores of a coastal barangay in Legazpi City in Albay province.

Super Radyo dzBB's Sam Nielsen reported that MV Jerlyn Lily strayed into shallow waters and got stuck in a reef area off Legazpi City's Barangay Arimbay.

Department of Trade and Industry threatens to unleash BIR on foreign shipping lines

DTI threatens to unleash BIR on foreign shipping lines
Janina C. Lim August 15, 2018 http://www.bworldonline.com/dti-threatens-to-unleash-bir-on-foreign-ship...

THE Department of Trade and Industry (DTI) said it will ask the Bureau of Internal Revenues to investigate foreign shipping lines to validate whether they are paying taxes properly on what it called “excessive” cargo charges.

Islamic finance in the shipping industry

Islamic finance in the shipping industry
17/08/2018 https://www.hellenicshippingnews.com/islamic-finance-in-the-shipping-ind...

NIMASA trains 2,337 seafarers to boost maritime sector – Peterside; Singapore maritime industry awards almost $1.9 million in scholarships

NIMASA trains 2,337 seafarers to boost maritime sector – Peterside
Aug 15, 2018 https://theeagleonline.com.ng/nimasa-trains-2337-seafarers-to-boost-mari...

The Nigeria Maritime Administration and Safety Agency on Wednesday said it had trained 2,337 Nigerians as seafarers to enhance the performance of the maritime industry.

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