seafarertimes.com ~ Maritime News for Filipino Seafarers

Family of Bangladesh seafarer killed in Ukraine war get $500,000 compensation
17 Jun 2022 https://bdnews24.com/bangladesh/2022/06/17/family-of-bangladesh-seafarer...

The Hidden Fees Making Your Bananas, and Everything Else, Cost More
Michael Grabell June 16 https://www.propublica.org/article/ocean-freight-shipping-costs-inflation

The story you’re about to read is bananas, and it’s also about bananas.

Powerful growth in the China-owned fleet
16/06/2022 https://www.hellenicshippingnews.com/powerful-growth-in-the-china-owned-...

In recent years the fleet of merchant ships owned by companies based in China has continued to grow strongly. This performance reinforced an already entrenched upwards trend, and signs point to further advances in the future.

Biden signs ocean shipping bill in bid to reduce export backlogs
David Shepardson 17 June 2022 https://www.reuters.com/business/autos-transportation/biden-sign-ocean-s...

WASHINGTON, June 16 (Reuters) - President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs.

Three seafarers jump from containership into St. Johns River
The Editorial Team June 16, 2022 https://safety4sea.com/three-seafarers-jump-from-containership-into-st-j...

Three seafarers of the containership Simba jumped over the side in the entrance channel at the port of Jacksonville, Florida on June 15, as the U.S. Customs and Border Protection informed.

OFW remittances fall to 11-month low
Mayvelin U. Caraballo June 16, 2022 https://www.manilatimes.net/2022/06/16/business/top-business/ofw-remitta...

THE amount of money sent home by overseas Filipino workers (OFWs) fell to its lowest level in 11 months in April, according to data released on Wednesday by the Bangko Sentral ng Pilipinas (BSP).

Russian seaborne oil exports could find ways round EU insurance ban: sources
Tom Washington,Chris To,Eklavya Gupte 15 Jun 2022 https://www.spglobal.com/commodityinsights/en/market-insights/latest-new...

China to regain world’s top spot in shipbuilding as Shanghai shipyards ramp up resumption
12/06/2022 https://www.globaltimes.cn/page/202206/1267922.shtml

Philippines: Ports authority awards shipping container registry contract to blockchain-based company
Wahid Pessarlay 16 July 2022 https://coingeek.com/philippines-ports-authority-awards-shipping-contain...

Global port congestion, high shipping rates to last into 2023, say industry execs
16 June 2022 https://www.straitstimes.com/business/companies-markets/global-port-cong...

SINGAPORE (REUTERS) - Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday (June 15), urging charterers to switch to long-term contracts to manage shipping costs.