The US flags a most convenient way to boost its shipping fleet
In the early days of the Houthis’ Red Sea denial, the rebel militia, known to ...
DHL: NEW CFO APPOINTMENTFDX: TRADING UPDATE ON THE WAY TSLA: ON THE MENDGM: TECH STARTUP LISTINGDSV: NEW HIGH TARGET CHRW: BOLT-ON DEAL TIMEDHL: GO GREENDSV: BULLISH DSV: NOTE TO INVESTORSKO: TAX FIGHTDSV: STILL 'OVERWEIGHT'WTC: HAMMEREDWTC: MOUNTING TROUBLEWTC: ANOTHER DIFFICULT WEEK
DHL: NEW CFO APPOINTMENTFDX: TRADING UPDATE ON THE WAY TSLA: ON THE MENDGM: TECH STARTUP LISTINGDSV: NEW HIGH TARGET CHRW: BOLT-ON DEAL TIMEDHL: GO GREENDSV: BULLISH DSV: NOTE TO INVESTORSKO: TAX FIGHTDSV: STILL 'OVERWEIGHT'WTC: HAMMEREDWTC: MOUNTING TROUBLEWTC: ANOTHER DIFFICULT WEEK
The dark side of the shipping industry – well, one of them – has come to the fore following the tragic explosion in Beirut and the ship which ran aground in Mauritius, leaking heavy oil and toxic fuel onto a coral reef. An article in Forbes says it’s time to review shipping regulations, in particular vessel registration.
The ship is Japanese-owned but Panama-flagged, and Japan has not offered to help with the clearing up, despite the vessel being 200 miles off course. The author argues for a vessel risk index, based on ownership, crew, vessel safety and so on, which would also give some transparency to customers choosing a shipping line.
There’s a lot that must be done: start by reading this article.
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