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Favourites: 1
The murky, byzantine world of international shipping, shell companies, leases, subcontracts, forged papers, 3rd world registrations, nobody owns...
Posted by
zeitgeist
Aug 11 '20, 17:49
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the ammonia fertilizer in the beirut warehouse, sold by a Georgian company, load worth 700,000 back then, was supposed to go to an african munitions company who wasn't going to pay till delivery, shipped on the most derelict transports, who had to forge some insurance papers to get out of port in spain before this run, redircted to beirut to pick up other cargo when it broke down, leaked and sank.
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Responses:
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Afaik, most all shipping is like this, owned by Russian doll shell companies, leased to shell cos, crew hired by another, registered 3rd world -- nm
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zeitgeist
Aug 11, 18:29
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Thanks -- nm
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con_carne
Aug 11, 18:13
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Fascinating. Thanks for sharing. Man, if that death toll stays around 158, that'll be amazing. -- nm
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Mopsy
Aug 11, 17:58
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