- published: 12 May 2011
- views: 1593
Securing bank loans in a low liquidity market is the focus of this roundtable discussion. A leading shipowner- U-Ming Marine Transport Corporation President C K Ong and a leading Ship Financier Andreas Remmer SVP at Group Mercange Bank (Asia) offer their perspectives in part one of this video. View part 2 at http://www.shippingfinance-china.com/Event.aspx?id=524718
Tweet this video! - http://clicktotweet.com/aPe_I For an industry that basically runs the world economy most people know very little about the enormous complex that touches almost every single thing you use. From the chair you are sitting on to the yogurt you're eating to the steering wheel in you car, all those things were made possible thanks to an industry that has been operating since man learned to float. These are 25 mind blowing facts about the shipping industry. https://twitter.com/list25 https://www.facebook.com/list25 http://list25.com Check out the text version too! - http://list25.com/25-mind-blowing-facts-shipping-industry/ Here's a preview: Around two-thirds of ship crews in the world have no means of communication while they are on the open sea. Only about 1 in 10 will ...
A brief look into global megatrends in shipping and future challenges, especially for Norwegian shipping.
A brief video summary of TradeWinds' inaugural Shipowners Forum Singapore staged at the JW Marriott South Beach on September 25th, 2017. A big thank you to the sponsors who made it possible - The Baltic Exchange, Pictet, ABS, IRI / The Marshall Islands, Best Oasis / Priya Blue, Crossworld and Kim Heng. We are also grateful for the outstanding support and encouragement from the Singapore Shipping Association (SSA) and personal involvement of Tan Beng Tee, Assistant Chief Executive (Development), Maritime and Port Authority of Singapore (MPA).
And the banks are reluctant to give securities. Trade is slowly creaking to a halt for lack of cash. But major transport doesn't work without securities. Dealers need securities so that they can make advance payments when they want to buy and ship freight. They only get paid when a sale is made. If dealers have nothing to ship, shipowners have nothing to ship. And cutbacks in the car industry for example, are also causing them problems. According to the association of Hamburg ship brokers and agents, profit margins for a ship with 2,500 standard containers have fallen by more than fifty percent since the start of the year. And Peter Krämer, managing director of the 'Marine Service Group', a major international shipper, has seen a dramatic collapse in profits. Dan Hirschfeld and Philipp ...
http://www.euronews.net/ The chairman of Costa Cruises, the company that operates the Costa Concordia that ran aground after hitting rocks off western Italy on Friday, has cited "human error" as the cause of the accident. Pierluigi Foschi said Captain Schettino appears to have sailed too close to land and failed to follow the company's emergency procedures. "The company will stand by the captain and will provide him with assistance, but we must acknowledge the facts and we cannot deny human error," Foschi said at a news conference.
Editor Martyn Wingrove highlights how shipowners can cut operating and fuel costs through digital technology
Crew welfare and ship connectivity have become important issues that the whole industry needs to address
DEEP BAY -- A mid-island man fears his dreams of converting an old fish boat into a live-aboard vessel may have sunk along with the vessel itself. The 18-metre long wooden vessel "Bertha-G" sank sometime overnight between August 1st and 2nd, dropping onto the ocean floor just outside the harbour in Deep Bay. Owner Rick Perry of Bowser says he purchased the vessel a year ago figuring it had great potential to be converted into a pleasure craft but it began taking on water eight months ago. Perry regularly monitored the vessel and says he was disappointed when he was told he had to remove the boat from within the harbour where it was being moored. The harbour authority's chair Keith Reid confirmed to CTV News that the Bertha G was ordered out, along with other vessels that were...
Speakers include: Angeliki Frangou, Chairman of the Board & CEO, Navios Maritime Holdings Nikolas Tsakos, President & CEO, Tsakos Energy Navigation Patrick Rodgers, Chief Executive Officer, Euronav Evangelos M. Marinakis, Chairman, Capital Maritime & Trading Corp. Athanasios J. Martinos, Managing Director, Eastern Mediterranean Maritime Bob Burke, Chief Executive Officer, Ridgebury Tankers Philippe Louis-Dreyfus, President, BIMCO & Louis Dreyfus Armateurs Moderated by: Julian Bray, Editor in Chief, TradeWinds Frank Dunne, Chairman & Partner, Watson Farley & Williams Produced by TradeWinds Events www.tradewindsevents.com
Delaying deliveries is a smart move for shipowners
Editor Martyn Wingrove explains why shipping companies should be training IT specialised officers as ships become more technically advanced
Carnival Cruise Line Australia gives statement following mass brawl aboard one of their ships. Twenty-six members of an unruly family were removed from the Carnival Legend after days of fighting Subscribe to Guardian News ► http://bit.ly/guardianwiressub Carnival cruise ship docks in Melbourne following brawl ► https://www.theguardian.com/australia-news/2018/feb/17/cruise-ship-on-which-big-brawl-broke-out-to-dock-in-melbourne Support the Guardian ► https://theguardian.com/supportus The Guardian ► https://www.theguardian.com The Guardian YouTube network: The Guardian ► www.youtube.com/theguardian Owen Jones talks ► http://bit.ly/subsowenjones Guardian Football ► http://is.gd/guardianfootball Guardian Sport ► http://bit.ly/GDNsport Guardian Culture ► http://is.gd/guardianculture Guardi...
Godby Shipping is interviewed, along with several other shipowners in Finland and Åland Islands, about the general future of Finnish shipping industry. Eva Mikkola-Karlström deputy managing director of Godby Shipping, answers the questions. Finnish subtitles!
For more information log on to http://www.channelstv.com
Stiff sanctions will be meted out to ship owners who engage in crude oil theft or any illegal operations that sabotage the maritime sector, the Nigerian Navy on Wednesday. The Chief of Naval Staff, Vice Admiral Ibok-Ete Ekwe Ibas, gave the warning during a meeting with top management of Ship Owners Association of Nigeria at the Naval Headquarters in Abuja. Vice Admiral Ibas said: "A few members of the association still engage in illegal operations which undermine the necessary collaboration between the navy and ship owners to secure the maritime sector". For more information log on to http://www.channelstv.com