Re:The Risk of Cargo Liquefaction
by koheripbal on Thursday June 10, 2021 @08:12AM
(#27459731)
The profit margins for a single transit is quite small. There might be $100 million in cargo, but the shipping company might only get $40K for transporting it.
The other issue with port regulations is that they aren't really enforced except to provide an (bribery) income for the port master.
I've heard a number of stories of some ports that effectively require bribery to get your ship cleared. If the ship captain elects for the actual inspection instead, the port master will intentionally delay the ship for weeks.
Iirc Argentina is the required bribery country to the point of companies planning for it.
Care to guess what the minimum wage per month is for seafarers?
https://www.ics-shipping.org/current-issue/ilo-minimum-wage-...
This is really sad. Millions of dollars worth of cargo, and yet they put the lives of the sailors at such risk.