Near-Bankrupt Shipowners Vanish

The Argus
Sunday, February 24, 2013

Foreign seafarers are being left stranded in British ports after their shipping companies flounder on the brink of bankruptcy.

HM Courts and Tribunals Service said there were 42 warrants of arrest executed in the UK in 2011, up from 34 in 2010. The ships have been arrested by the Admiralty Marshall, a branch of the Ministry of Justice, due to unpaid fuel bills, mortgages and other maritime lien.

Angry, confused and disillusioned crew members of various nationalities including Russian, Ukrainian and Belarusian, have been living in their vessels for months on end without being paid wages and without an idea of when they can return home, reports The Argus.

As well as being unable to feed themselves, the crewmen cannot send funds to their families in their native countries, meaning rent bills go unpaid and their children can no longer go to school.

The legal cases are brought against the arrested property itself and not the crew and these arrested vessels are prevented from moving or trading whilst a resolution of the outstanding claim is thrashed out.

Charitable and Church institutions are doing their best to help the seafarers at this time.

Source: The Argus
 


 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

ASEAN Breaks South China Sea Deadlock

Manila drops request to refer to court ruling in statement. Southeast Asian nations overcame days of deadlock on Monday when the Philippines dropped a request

China sets up South China Sea environment protection fund

China has set up a 15 million yuan ($2.25 million) environmental protection fund for the South China Sea having already spent double that in the past four years,

Los Angeles Pushes for Valero Terminal Improvements

The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine

Finance

Funding Approved for Georgia’s New Inland Terminal

At its July board meeting, the Georgia Ports Authority (GPA) approved a spending package of $19.7 million to construct the Appalachian Regional Port in Chatsworth, Murray County, Ga.

Baltic Index Falls on Weak Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes.

As Market Sours, LPG Tankers Anchor off Singapore

Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0773 sec (13 req/sec)