Recently, we posted about the MSC Gayane, the container ship seized on Monday by US Customs following a $1.3 billion cocaine bust last month in Philadelphia. We said that the ship was not owned by Mediterranean Shipping Company (MSC) but by a shipping fund controlled by JP Morgan. We based this on a Fairplay article from October reporting the sale of the ship from SinOceanic.
Today, however, Captain C Allport commented that according to Equasis, the ship was sold by SinOceanic to MSC in October. Likewise, ship management responsibilities were taken over by MSC at about the same time. The source for this information on Equasis is listed as IHS Maritime.
On the other hand, the Wall Street Journal identifies the MSC Gayane as being owned by J.P. Morgan Asset Management and chartered to MSC.
Who owns the MSC Gayane? Right now, reliable sources say either MSC or JP Morgan. Which is correct? Good question.
On July 5, in a very close race, the schooner 
The financial crisis that threatened to shut down the
The yeast from a
Looking for a private island getaway within a reasonable commuting distance of New York City?
If you are around New York harbor on Sunday, there is a wonderful opportunity to hear and join in singing sea chanteys as they were meant to be sung, onboard a windjammer. The chantey sing will aboard the restored 1885 built flagship of the seaport,
Happy 4th of July to all. Here is lightly updated repost appropriate for the day.
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Japan has withdrawn from the International Whaling Commission, and the Japanese whaling fleet has abandoned their so-called “research whaling” to resume
After completing his
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