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Vaccinations suggested to be the key for this improvement After close to two trying years and counting, the Neptune Declaration Crew Change Indicator showed some good news. The number of seafarers onboard vessels beyond their contract durations slightly decreased from 9 per cent to 8.9 per cent in August 2021. Key to the change The Crew Change Indicator revealed the ...

Hyundai Merchant Marine (HMM)’s circus will be a long process From the way things are, HMM’s recent spectacle is not about to end anytime soon. After losing 300 seafarers in a mass resignation, land-based staff might follow suit for the same reasons. Mismatched leadership tenets One cannot help but wonder if HMM was thinking clearly, given the intensity of the ...

Shipbuilders turn to chartering for more revenue; spelling more jobs for seafarers Big cargo owners like Home Depot and Walmart announced plans to have their own vessels to sustain worldwide inventories. Taiwanese shipbuilder, CSBC Corporation announced its plans to acquire a build-and-lease business, focusing on large cargo ships to improve its earnings. What does it mean for seafarers? Entry into ...

It is one of the nations where seafarers can certainly feel appreciated Singapore has commenced its participation in the Sea Crew Vaccination Initiative (Seavax), a global vaccination drive for seafarers. Foreign seafarers will have the option of receiving Pfizer-BioNTech or Moderna vaccines while staying for more than 30 days, and working in the supply of essential goods or ferrying passengers. ...

Hyundai Merchant Marine (HMM)’s recent great resignation was MSC’s jackpot All it took was HMM’s human resource secrets to be exposed and convince more than 300 seafarers to part ways with their employer. They were said to be leaving for a competitor who was willing to invest in them. Why seafarers jumped ship As the saying goes, “people do not ...

Allianz Global Corporate & Specialty’s (AGCS) maritime report card for 2020 stressed need for maintenance AGCS’ Safety Shipping Review 2021 revealed the top 5 causes of maritime losses. Machinery damage and failures were among the listed. AGCS noted while the number of total losses remained stable over the past year, the number of shipping casualties or incidents declined slightly from ...

Hyundai Merchant Marine (HMM)’s seafarers abandoned ship, literally HMM had an army of seafarers demanding wages increment and threatened to strike along with jumping ship to Mediterranean Shipping Company (MSC) if the requests were unmet. With Korea Development Bank (KDB) objecting to the demands, it angered more than half the union members to pack up and leave. Another question of ...

Hyundai Merchant Marine (HMM) under fire for shortchanging seafarers Activist Frank Coles’ prior rallying for a strike to provoke some positive actions to benefit seafarers failed. When HMM’s team declared its decision for a real one laden with a threat to leave for Swiss competitor, Mediterranean Shipping Company (MSC), it drove the point home on the severity of seafarers’ plights. ...

Seafarers may soon look to major cargo owners for opportunities In June, major cargo owner Home Depot chartered its own vessel designated for shipments. Another big retailer, Walmart has decided to follow suit to mitigate potential losses from shipowners’ loadings and port bottlenecks. Acquiring own ships With bottlenecks threatening world trade, cargo owners were either compelled to accept the surcharges, ...

One unlinked case caused a 6-day operation pause Ningbo-Zhoushan in eastern China is the world’s third-busiest cargo port. On 11 August 2021, it suspended operations till further notice. However, no further word was given about the seafarers who called on it. Originated from external sources According to authorities in East China’s Zhejiang Province, investigations revealed the asymptomatic Ningbo port worker ...