by Barista Uno | Aug 31, 2011 | Shipping
We’ve just received an update on containership orders from Braemar Seascope‘s research unit, arguably one of the better sources of information on the subject. The latest figures make us feel slightly giddy: 52 boxships of 10,000 TEUs or more ordered since the start of the year, adding 765,000 TEUs to the global post-panamax boxship orderbook. As of 30th August 2011, a total of 158 units of this size aggregating 2.13 million TEUs were on order. This represents 48% of the fully cellular ships in the pipeline. (more…)
by Barista Uno | Feb 9, 2011 | Piracy and Security
BIMCO, the International Chamber of Shipping, INTERCARGO, INTERTANKO and the International Transport Workers’ Federation were one in condemning last week the execution of a seafarer by Somali pirates who had hijacked the
Beluga Nomination in the Indian Ocean 390 nautical miles north of the Seychelles. This was plain murder, but what did people expect? Even the pirates of old were brutish; they killed, tortured and even sodomized their captives. And as we’ve been saying all along, this is war and the first casualty of war is humaneness.
(more…) by Barista Uno | Jan 4, 2011 | Latest Post
The ancient Greeks consulted the
Delphi Oracle. Modern-day Filipinos, at least the more superstitious ones, turn to fortune-tellers plying their trade near the Quiapo Church in downtown Manila. No need, however, for Delphi priestesses or Third World soothsayers to see where the Philippines’ maritime industry is headed in 2011. The signs are all over the place. Here’s our forecast based on what we had witnessed in 2010 and the years before that:
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