This month’s SEA Watch kicks off with your editor’s take on Singapore’s ‘Bunker Monkeys’. Essentially, bad people who do dumb things to make a fast buck and invariably get caught in a country that has a zero tolerance for crime. So why do it? Well, there’s big money involved and perhaps fines and loss of bunker licenses are not enough of a deterrent? So what next to preclude bad bunkering behavior in the Lion State? Read on to find out more about the MPA’s plan to solve a still significant problem which is impacting on Singapore’s reputation and shipowner’s and time charterer’s pockets.
First in line is some ‘home news’ on the new and exciting strategic alliance that has just been formed between SEAsia Claims Services and legal advisers and consultants, the C Solutions Group. The other key alliance partners include project cargo specialists, CSL Group and offshore surveyors and adjusters, Moore Energy Solutions. The concept is to build on existing synergies to create a highly skilled marine claims and loss prevention cluster to service the Asian and Global insurance and ship owner markets. The alliance partners are convinced that this is the way forward in a rapidly changing and increasingly cost conscious market. You can expect to see details of future plans and developments in the next issue of SEA Watch.
First on offer is our take on the Indonesian government’s recent decision to enforce its 2009 law on the export ban of mineral ore. Strange stuff in a scenario where Indonesia’s balance of payments record is worsening and the Rupiah continues to fall in value. So does President Yudhoyono think that his nationalistic “let’s build our own smelters” ban on ore exports is going to save his party from defeat at the forthcoming elections? If so, then based on Australia’s happy financial experience with digging large holes in the outback and shipping the unprocessed contents to China, he could be in for a nasty shock.
Welcome to the New Year’s edition of SEA Watch with more updates and commentary on what’s happening in the world of shipping and marine insurance.
First on offer is the Rubber Ducky Award which is all about a recent collision in the Singapore Straits between a very large LNG carrier and a container ship that had the potential to become a major catastrophe.
Welcome to the Xmas edition of SEA Watch with more updates and commentary on what’s happening in the world of shipping and marine insurance.
First on offer is a tragic little story on seafarer abuse at the hands of bankrupt Taiwan owners TMT (Today Makes Tomorrow). TMT’s ships have been arrested in several jurisdictions despite their
Welcome back to SEA Watch with more updates and commentary on what’s happening in the world of shipping and marine insurance.
First we’ve got some news for you on the SEAsia team in Myanmar, a country where the lid is now off and billions of USD are being invested by both China and western countries.
Issue 2 – October 2013 Forward SEA Watch to a friend Welcome back to SEA Watch with more updates and commentary on what’s happening in the world of shipping and marine insurance. We’ve got some interesting and thought provoking ideas for you on loss prevention as well as some black humour on the unexpected perils […]
September 2013 Welcome to the first issue of the long awaited ‘return of SEA Watch’, SEAsia’s monthly shipping and marine insurance newsletter focused on matters which impact the Asian markets. In addition to topical news, we will also try to brighten your day with stories of some of the more bizarre decisions and events […]