Author Archives: Editor

Maresk Alabama – Master entered Pirate infested waters for financial gains- Maybe not a HERO after all

Posted on May 30, 2012 by Editor

Maersk Alabama Crew Sues Owner, Operator Peter T. Leach, Senior Editor | May 29, 2012 1:28PM GMT The Journal of Commerce Online – News Story     Former crewmembers file suit in Virginia and Alabama against Maersk Line Ltd. and … Continue reading →

Posted in Business, Chartering, Dry Cargo, Education & Training, Finance, General Blog, Piracy at Sea, Shipmanagement | Tagged , , | Leave a comment

TITANIC- Some rare pictures including sea trials and near accident post launch…

Posted on April 14, 2012 by Editor

The maiden voyage began on time at noon. An accident was narrowly averted only a few minutes later as Titanic passed the moored liners SS City of New York and Oceanic. Her huge displacement caused both of the smaller ships … Continue reading →

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Indian Property Market..is it headed for Hard Landing?

Posted on April 13, 2012 by Editor

By Himadri Mayank (Senior Manager, Research, Jones Lang LaSalle India)In 1959, Charles E Lindblom, the American political scientist, published a paper in the Public Administration Review – The Science of ‘Muddling Through’. In this, he contrasted what he called the … Continue reading →

Posted in Business, Finance, General Blog, Uncategorized | Leave a comment

Corruption is reward one is not entitled to legally/morally – It is Parallel Revenue Generation System created by the Beneficiery

Posted on April 13, 2012 by Editor

Is Corruption Good or Bad? In some cases it may be a healthy catalyst for the Economy….. A college student has asked us if corruption is good or bad. The proposition he has been asked to consider is the following: … Continue reading →

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Ocean Breeze- Disabled in Dardanelles due to Engine Failure

Posted on April 12, 2012 by Editor

  At around 0250 LT Jan 05 bulk carrier Ocean Breeze suffered engine failure, while transiting Dardanelles Straits, in Canakkale / Karanlik Liman area. At around 0250 LT Jan 05 bulk carrier Ocean Breeze suffered engine failure, while transiting Dardanelles … Continue reading →

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Handsomely paid Divers sacked for stealing wine from wrecked MV Rena

Posted on April 12, 2012 by Editor
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This gallery contains 1 photo.

Two divers working on the Rena salvage operation have been fired after allegedly stealing bottles of wine off the vessel. The pair – who are reportedly Dutch – took a small number of bottles from one of the containers on … Continue reading →

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Latest Piracy Attempt………………. Ships Beware!

Posted on April 11, 2012 by Editor

Recent Activity On 09 April 12, a merchant vessel was approached by one skiff approximately 400nm east of Socotra Island, in position 12 14N 061 45E. This skiff was white in colour with five armed persons on board.  The merchant … Continue reading →

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Prestigious UAE Award for Port of Antwerp

Posted on April 5, 2012 by Editor

The prestigious award ‘WPTS World Ports Award’ has been given to the CEO of the Port of Antwerp, Eddy Bruyninckx. The award was given for his outstanding contribution in the fields of port organization, business development, sustainability as well as … Continue reading →

Posted in Business, Finance, General Blog, Port Information | Tagged , | Leave a comment

Iran’s Navy liberates Iranian Bulker from the Pirates

Posted on April 4, 2012 by Editor

Bolivian flagged and Iranian owned bulk carrier MV Eglantine is now free from the pirates. Earlier at 26th March, 2012 the carrier was hijacked by the Somali pirates in the Indian Ocean. A team of Iranian commandos took part in … Continue reading →

Posted in General Blog, News, Piracy at Sea | Tagged , , | Leave a comment

Kerala High Court orders ship-owner to pay US $196,552 to the families of the victims

Posted on April 3, 2012 by Editor

On March 1, 2012 the Singapore flagged ship “Prabhu Daya” collided with a fishing boat off Kerala and killed five fishermen. Now India’s Kerala High Court has ordered the ship owner to pay US $ 49,138 to each family of … Continue reading →

Posted in Accidents, Finance, General Blog, News | Tagged , , | Leave a comment