by Klaus Luhta | Nov 27, 2017 | maritime economics, maritime news, maritime politics
Who’s Leading the World Fleet? With a value of $829 billion, the world fleet hardly carries a small price tag, but it has faced five straight years of declining growth. Despite this, the fleet still saw a 3.15% increase in 2016 and China, along with several other...
by Klaus Luhta | Nov 13, 2017 | maritime economics, maritime news, maritime politics
U.S. Commerce Secretary Ross Sells Shipping Interests after Tie to Putin is Revealed Secretary of Commerce, Wilbur Ross, came under scrutiny after it was discovered he had investments in a shipping company that included a client with ties to the Russian president,...
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...
by Klaus Luhta | Oct 15, 2013 | maritime news, maritime piracy, maritime politics
In 2009 Captain Richard Phillips, a long-time Masters, Mates, & Pilots member, fought for his life against Somali pirates for five days off the coast of Somalia. Captain Phillips and his crew aboard the Maersk Alabama survived the hijacking ordeal and the pirates...
by Klaus Luhta | Aug 2, 2013 | maritime economics, maritime news, maritime politics
It has been a while since my last post. With the August recess looming near for Congress now is a good time to place a marker on where the maritime industry is in 2013. While much has happened this year, more notable is what HAS NOT happened. Here is a list of four...
by Klaus Luhta | Feb 11, 2013 | maritime news, maritime politics
On February 7, 2013, Congressmen Cedric Richmond (D-LA) and Michael Grimm (R-NY) announced the formation of a Congressional Maritime Caucus. The caucus will give every member of Congress an opportunity to better understand the crucial role that the U.S.-flag maritime...
