Category: Shipping

And yachts again and again

Shipyards fear slumps, one even bankruptcy: the Dutch Heesen Yachts shipyard Heesen Yachts is facing serious problems if its Russian owner Vagit Alekperov ends up on the EU sanctions list. So far, Alekperov has been placed on the British list, which is already causing problems with Heesen's British suppliers. Heesen Yachts stated that Alekperov is one of its Ultimate Beneficial Owners (UBO's) and emphasises that it is a Dutch company with a board of directors and an independent supervisory board that appoints the board members, and that the company is financially independent and in good shape with a strong order book. According to the Dutch yacht builder, the...

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Total losses in shipping at record low, but pandemic and political tensions cloud the outlook

Allianz press release on the AGCS Safety & Shipping Review 2020 study: Total losses in the shipping industry are at a record low - 41 major ships were lost worldwide in 2019. Year-on-year, they have fallen by more than 20%, compared to the average of the last decade by almost 70%, according to the "Safety & Shipping Review 2020" study by ship and industry insurer Allianz Global Corporate & Specialty SE (AGCS). However, the consequences of the Covid-19 pandemic could jeopardise long-term safety improvements in shipping this year and beyond. Difficult operating conditions and the looming economic downturn pose major challenges for the industry.

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Banal airship or "airyacht"?

Airships are a German invention, Count Zeppelin and Hugo Eckener are the great names that have left their mark. Lake Constance and Friedrichshafen will forever be associated with this pioneering era. However, every grandly conceived use of this "giant technology" ended tragically, whether as a weapon of war in the First World War or as a passenger solution in Lakehurst. The USA even used airships as aircraft carriers - perhaps someone will write something about this. The commercial use never materialised either, most recently in 2002 with the insolvency of the Cargolifter company, whose hangar is now a huge adventure swimming park. Otherwise, "blimps" are a joy for paying tourist sightseeing flights (is it actually called "flight"?) or...

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Canada helps Ukraine with cargo ships

Support to allow transport of Ukrainian wheat The Canadian government plans to help Ukraine export its stranded wheat to countries where it is urgently needed, its foreign minister said on Monday. Russia has blockaded Ukrainian seaports, stranding dozens of foreign-flagged ships and about 20 million tonnes of Ukrainian grain. This agricultural cargo - primarily wheat - is essential for the food supply of many developing countries, especially in the Middle East and Africa. As the Ukrainian coast of the Sea of Azov is under Russian control and the harbours on the Black Sea are under siege, the...

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Mercy leaves San Diego

Navy hospital ship to help Pacific nations prepare for disasters The crew prepares the hospital ship USNS "Mercy" for departure from San Diego for this year's Pacific Partnership mission. For 17 years, the Pacific Partnership has brought together medical professionals from several countries to provide medical care and other services in Pacific nations such as Micronesia, Malaysia, the Marshall Islands, Thailand, Timor-Leste, Vietnam and the Philippines. The mission is expected to last several months. Previous missions have lasted up to 150 days. Last year, as part of the Pacific Partnership, a humanitarian aid and disaster relief workshop was held in Palau with Taiwanese disaster management experts, during which...

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