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Wednesday, September 18, 2019

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Casual putter across oceans has shippers steaming

Posted to Far East Maritime (by Greg Knowler) on May 22, 2012

There is nothing wrong with focusing on profits - that's how business works. Revenue falls, squeeze the bottom line costs. That seems to be the perennial position of container lines. Barring the odd good year, the lines manage to lose money like a Chinese government official at a Macau casino.

Nikumaroro

Posted to Maritime Musings (by Dennis Bryant) on December 21, 2010

Nikumaroro (previously known as Gardner Island) is a small coral atoll in the central Pacific Ocean situated just south of the Equator and just west of the 180th meridian. It lies in the Phoenix Island Chain and is part of the Republic of Kiribati.