An international appeal has launched to repatriate abandoned seafarers now that ports are slowly beginning to reopen after months of paralysis in the shipping industry caused by Covid-19.
Dubai Maritime City Authority lifted restrictions on maritime activities last week, allowing commercial activities to resume, but the financial losses for some shipping businesses has been severe.
Restrictions at borders have led to some seafarers being stranded on-board vessels, unable to come ashore, and prevented the delivery of food to the crews.
In response, the International Maritime Organisation issued a plea for sailors to be returned home to mark Day of the Seafarer on June 26.
Crews stuck at sea include those off the coast of Dubai on the Mt Iba, a Panama flagged oil tanker belonging to Sharjah-based Alco Shipping.
Chief Engineer, Nay Win, 51, has been at sea for three years, although his contract was for just 12 months and has been paid for just four and half of those. He is owed more than $75,000 (Dh275,000).
“We are getting by on chickpeas, rice and out of date noodles – but they are limited so we must be careful and ration what we have,” said Nay Win, from a south-east Asian country.
His children, who live back home, have been pulled out of education due to the lack of money for school fees.
The crew is praying every night this will be over soon
According to crew, insurance on the 100 metre long ship expired in November 2018. They could not come ashore as the ship, valued at about Dh5 million, had to be sold first to settle debts. The proceeds would be used to fund the five crew's back-pay and their repatriation costs as well as substantial bank debts owed by the company.
However, the sale had to be processed through courts that had closed because of the virus.
An offer by the owner to pay 45 per cent of salaries owed was rejected by the crew. They have since agreed a deal to accept 80 per cent of their pay, once the vessel is sold.
“The crew is praying every night this will be over soon,” said Mr Win.
The tanker, carrying heavy fuel oil, has been marooned at its anchorage almost four miles off Hamriya Port, just north of Dubai for more than a year.
Prior to the outbreak, crew received regular supplies of water, diesel and food – but boat-drops have become seldom due to pandemic-imposed travel restrictions.
Just three years ago, Alco Shipping was one of the largest shipping companies in the UAE with some 20 vessels on its books.
Unstable oil markets and the onset of the global pandemic placed the business under unprecedented financial strain.
Company management said provisions were ready to deliver within 24 hours notice subject to port approvals.
“All boat services were suspended due to Covid-19 but we have already applied via different channels and sources for the approval to deliver fresh supplies,” said Waqar Hasan, who took over company management in 2017.
“We are trying our best and we have a potential buyer for the ship.”
Elsewhere, fears of Covid-19 infected crew delayed the repatriation of seafarers, whose employers had terminated contacts or were unable to bring sailors ashore.
In one case in the Seychelles, 70 seaman from west Africa tested positive for the virus after arriving in the archipelago to join a fleet of Spanish fishing boats.
The men remained in isolation on their vessel, unable to return home until recording negative coronavirus tests.
The number of stranded seafarers globally is currently estimated by the International Chamber of Shipping to stand at about 400,000.
About half of them need to leave the ships they have been working on with a similar number required to replace them.
“Shipping is truly a global industry and we need governments to provide a global solution,” said Stephen Cotton, General Secretary of the International Transport Workers’ Federation.
"The ITF has been receiving emails from hundreds of seafarers daily, expressing their concern about contracts being extended under duress.
“This will impact their ability to perform safe operations, putting themselves at risk as well as the global supply chain and potentially the environment.”
The UAE’s Federal Transport Authority did not respond to a request for comment.
The mental health of seafarers stuck at sea for sometimes years at a time has become a pressing concern.
Recent data published by maritime insurance providers, the P&I Club, states suicide rates among seafarers tripled since 2014 from 4.4 per cent to 15 per cent, with 26 per cent of merchant sailors displaying signs of depression.
Read More
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“Seafarers can be particularly susceptible to mental health issues, as they are often far from home, with little contact with family and friends,” said Chris Peters, chief executive of Tristar Shipping, a company operating 29 gas, oil and chemical tankers with offices in Dubai.
“Covid-19 has forced us all to deal with the unexpected and put in place contingency plans to further ensure the safety and well-being of all our staff and crew.
“While we are all encouraged to talk about mental health, it seems that it is still a taboo subject among seafarers and as a result they are missing out on vital support and treatment at the early stages of a severe illness.”
To aid related issues, Christian charity the Sailors’ Society has established a 24-hour confidential helpline for officers, crew and their families.
The services include crisis response assistance, counselling through various channels such as email, WhatsApp and other social media chat platforms.
Seafarers can also make appointments with counsellors in accordance with the ports they will visit during their contract.
“Being a seafarer is a daunting and sometimes lonely job,” said Mr Peters.
“Companies should reassess ways in which they are providing support to all seafarers across the industry.”
Seafarers and their family members can contact Tristar's dedicated helpline by calling 001-989-3128181 or the Sailors' Society's instant chat via wellnessatsea.org/covid-19.
BLACKBERRY
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RESULTS
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BIO
Favourite holiday destination: Turkey - because the government look after animals so well there.
Favourite film: I love scary movies. I have so many favourites but The Ring stands out.
Favourite book: The Lord of the Rings. I didn’t like the movies but I loved the books.
Favourite colour: Black.
Favourite music: Hard rock. I actually also perform as a rock DJ in Dubai.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Results
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If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes.
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
First Person
Richard Flanagan
Chatto & Windus
The BIO:
He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal
He ascended Mount Everest the next year from the more treacherous north Tibetan side
By 2015, he had completed the Explorers Grand Slam
Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border
He carries dried camel meat, dried dates and a wheat mixture for the final summit push
His new goal is to climb 14 peaks that are more than 8,000 metres above sea level
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
Company%20Profile
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AL%20BOOM
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Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
A list of the animal rescue organisations in the UAE
The specs
Engine: 5.2-litre twin-turbo V12
Transmission: eight-speed automatic
Power: 715bhp
Torque: 900Nm
Price: Dh1,289,376
On sale: now
How to become a Boglehead
Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.
• Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.
• Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.
• Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.
• Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.
• Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.
• Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.
• Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.
• Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.