MARITIME AND INTERNATIONAL TRADE SPECIALISTS

HR-Maritime

Commodity Brief - Panama Canal

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Richard Watts discussing The Panama Canal and the recent expansion project.

Linking the Atlantic Ocean with the Pacific Ocean, this vital waterway underpins a tremendous trade from China to Eastern USA.

This video looks at the origins, the limitations and the recent expansion project.

Previously limited to 80'000mt DWT vessels, we can now see vessels of 120'000 mt DWT thanks to the expanded lochs.

Follow the series for interesting videos looking into different commodities and how trading works.

Cutting a sunken RORO vessel in half

How They Removed 1,400 Cars And A Sunk Ship From The Bottom Of The Sea.

On 5 December 2012, the car carrier Baltic Ace sank with more than 1,400 cars on board after a collision with a container ship near the entrance of the main shipping lane leading to Rotterdam port. Rijkswaterstaat contracted Boskalis and its partner Mammoet Salvage for the wreck removal operation.

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Commodity Brief - Letters of Credit

 

cb letters of credit

Richard Watts discussing Letters of Credit

An incredibly important aspect of International Commodity Trading, allowing companies from different geographical regions and legal systems to trade secure in the knowledge that they will be paid.

This video looks into the step by step process of opening, negotiating and getting paid under a Letter of Credit

Follow the series for interesting videos looking into different commodities and how trading works.

 

Marshall Islands becomes top flag for Tankers

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Republic of the Marshall Islands Becomes No. 1 Flag for World’s Tanker Fleet

The Republic of the Marshall Islands (RMI) Registry hit a significant milestone by attaining the status as the world’s largest tanker fleet. This status was achieved over the summer with additional tonnage joining the RMI Registry from markets in Greece, the United States (US), and Asia. The RMI flagged tanker fleet stands at 44.6 million gross tons (GT) or about 82.8 million DWT.

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