Category Archives: crisis

Change of flag, is it a problem?

So far to reduce some costs was decided to change a flag for some of our vessel s from Gibraltar to Antigua and Barbuda. The reason we do so is that under A&B flag 3rd engineer is not required for … Continue reading

Posted in crisis, flag, vessels

Financial crisis and shipping companies.

From my side of view it is quite difficult time for all ship owners to be afloat on this terrible crisis time. All we are trying to survive and to keep our crewmembers with us, with proper salaries and good … Continue reading

Posted in crisis