I admit I have been on both sides of cabotage; I have temporarily imported ships to carry cargoes (though only for short periods), imported ships that created new employment opportunities and conversely swore profusely when the government allowed charterers to use imported ships to take away opportunities from the national flag fleet that I managed. …
Continue reading “A Nautical Miscellany – The solution to cabotage and how not to find it”
World’s 1st Icebreaking LNG Carrier Joins Sovcomflot http://worldmaritimenews.com/archives/216210/worlds-1st-icebreaking-lng-carrier-joins-sovcomflot Pause for a moment and imagine the decision to build 15 of the world's most expensive ships, purpose built to export a commodity that's only fallen in value. You make that decision based on the commodity price and the construction price prevalent at the time, …
Continue reading “A Nautical Miscellany – It’s all about timing kid”