seafarertimes.com ~ Maritime News for Filipino Seafarers

Former China Shipbuilding Industry Corporation GM expelled from CPC, office
18/12/2018 https://www.hellenicshippingnews.com/former-china-shipbuilding-industry-...

Sun Bo, former general manager and deputy chief of the leading Party members’ group of China Shipbuilding Industry Corporation, has been expelled from the Communist Party of China (CPC) and dismissed from office for multiple violations.

Steering seafarers’ pay to a new high-water mark
Mark Dickinson 20 December 2018 https://www.equaltimes.org/steering-seafarers-pay-to-a-new?lang=en#.XB19...

[Editor’s note: on behalf of the International Federation of Transport Workers, Mark Dickinson was lead negotiator for the seafarers at November’s minimum wage negotiations at the ILO].

MOL Cooperates in Demonstration Test of Class Survey Using Drones – Conducting Flight Test on Vessel in Service
21/12/2018 https://www.hellenicshippingnews.com/mol-cooperates-in-demonstration-tes...

South Korean government launches blockchain pilot for container shipping industry
Dec 18, 2018 https://tokenpost.com/South-Korean-government-launches-blockchain-pilot-...

South Korea’s Ministry of Science, ICT and Future Planning has launched a blockchain pilot in collaboration with the Ministry of Oceans and Fisheries to explore the technology’s potential in the container shipping industry, CoinDesk reported.

Stowaways threaten cargo ship crew off British coast
22 Dec 2018 https://www.straitstimes.com/world/europe/stowaways-threaten-cargo-ship-...

LONDON (AFP) - Four stowaways armed with iron bars are threatening the crew of a cargo ship off the English coast and demanding to be taken ashore, a spokesman for the ship owner said.

Is 2018 the year that China’s BRI ran out of steam?
Andre Wheeler December 20th, 2018 https://splash247.com/is-2018-the-year-that-chinas-bri-ran-out-of-steam/

Recent press headlines scream that China’s Belt Road Initiative (BRI) is in decline, or as Bloomberg claims in a recent headline, Asia is falling “out of love with China’s Belt Road Initiative”.

Breaking News: Chinese COSCO executive leaps to his death from Taipei hotel
Keoni Everington 2018/12/21 https://www.taiwannews.com.tw/en/news/3601564

Chinese executive from COSCO Shipping leaps to his death from Sunworld dynasty hotel in Taipei

TAIPEI (Taiwan News) -- A Chinese business executive from China's state-owned COSCO Shipping Lines Co., Ltd. fell to his death from the window of the 15th floor of a hotel in Taipei City in an apparent suicide.

Mutibillion-peso economic losses annually due to illicit trade in the shipping industry
Cecilio Arillo - December 20, 2018 https://businessmirror.com.ph/mutibillion-peso-economic-losses-annually-...

With Container Ships Getting Bigger, Maersk Focuses on Getting Faster
Costas Paris and Mike Sudal Dec. 20, 2018

The shipping giant is making a digital push in an industry that still relies on snail mail and faxes to arrange cargoes

HONG KONG—Container ships have gotten ever bigger in recent years, with some about as long as the Empire State Building is tall. Now, A.P. Moller-Maersk A/S is trying to make moving goods on these megaships faster.

Oct. remittance data bare GDP boost
Elijah Joseph C. Tubayan December 18, 2018 https://www.bworldonline.com/oct-remittance-data-bare-gdp-boost/

MONEY sent home by overseas Filipino workers (OFWs) grew by its fastest clip in six months in October, according to data the Bangko Sentral ng Pilipinas (BSP) released on Monday, prompting analysts to expect household spending that fuels overall economic growth but whose growth has slowed lately to have picked up this quarter.