by Klaus Luhta | Nov 2, 2017 | maritime news
This Bloomberg article from two days ago talks about Amazon and Google not being part of the Dow Jones Industrial Average despite massive market cap and global influence. It’s interesting from a maritime shipping standpoint because shipping is decidedly an industrial...
by Klaus Luhta | Apr 18, 2016 | maritime news
The Maritime Security Program (MSP) was first passed in 1996, and originallycomprised a fleet of 47 U.S. flag militarily-useful vessels. The MSP was reauthorized in 2003 and expanded to a fleet of 60 militarily-useful vessels for FY 2006-2015. On January 2, 2013, the...
by Klaus Luhta | Oct 10, 2015 | maritime news
Collision course with a hurricane: How doomed U.S. ship met its end BY EDWARD MCALLISTER AND DAVID ADAMS The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid...
by Klaus Luhta | Jul 21, 2015 | maritime news, maritime piracy, media appearances
When New York Times journalist Ian Urbina first approached me about a story on pirates I have to admit I was reluctant to talk with him. Yes, it was the New York Times, so it was an offer that I couldn’t just ignore, but so often journalists get it wrong when it...
by Klaus Luhta | Oct 20, 2014 | maritime news, maritime piracy, maritime private security
Has piracy been defeated? Unless you read maritime related publications, which keep close watch on piracy activity around the globe, you might think the pirates are gone. Quite the contrary is true. According to the International Chamber of Commerce International...
by Klaus Luhta | May 1, 2014 | maritime disasters, maritime news, media appearances
Here’s my take on the Sewol ferry disaster. Klaus Luhta Discusses Korean Ferry Disaster on CNN
by Klaus Luhta | Apr 23, 2014 | maritime disasters, maritime news
A lot has been said in various media channels about the South Korean ferry incident. First off let’s acknowledge that it is an epic disaster beyond what any mariner or family can prepare for. My sympathy goes out to the families who have lost loved ones. As far as...
by Klaus Luhta | Mar 13, 2014 | maritime economics, maritime news, maritime private security
Why do U.S. owned private maritime security teams continually get in trouble on ships overseas? Does the U.S. adhere to a lower standard than the rest of the world when it comes to private maritime security? The answer may surprise you. The United States government...
by Klaus Luhta | Feb 2, 2014 | maritime news, maritime politics
The Maritime Administration (MARAD) held its National Maritime Symposium during the week of January 13th. There were no fireworks and everything went as expected. The general consensus across the maritime industry is that it was a nice gesture on the part of Maritime...
