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In limbo on the Delaware
Philadelphia Inquirer, by Linda Loyd

Original Article

Posted By:bldrrepub, 7/31/2014 3:42:23 PM

A Greek-owned cargo ship has been anchored in the Delaware River for nearly 16 weeks, with 20 crew on board, caught in a quagmire between U.S. Coast Guard demands for operational repairs, and an owner who has not paid bills incurred since April. The Nikol H, which is registered in the Marshall Islands, needs additional repairs before sailing, and the owners allegedly owe as much as $1.2 million, which prompted vendors and others to sue to recover costs for providing fuel, food, and supplies while the ship has been here. The original crew members´ visas expired, and they are not

Comments:
Interesting article on the intricacies of the shipping industry.

      


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Reply 1 - Posted by: Nevadadad46, 7/31/2014 4:39:24 PM     (No. 9948281)

I honestly did not see anything in the article that was a condemnation of the entire shipping industry or anything that suggested the plight of the ship was endemic of the problems associated with the entire shipping industry. Rather, this is a case of a shaky ship operator going bust, his property being taken over by the lenders and the ensuing bankruptcy shenanigans that are typical of any failed operation. The shipper ran up bills he could not pay. He was failing to maintain his vessels according to shipping standard, which, thankfully, the U.S. C.
G. caught. Remember the Torrey Canyon disaster? That was caused by an owner skimping on repairs to his vessel, and pocketing the cash that he should have spent on proper maintenance and minimal safety equipment. This ship is in court, sitting idle, not making money as it should be because neither the bank or the previous owners are willing to stand up and meet their proper obligations to their creditors and to the industry they make money from. If this ship had sailed, it might have med it out of U.S. waters only to sink or come aground in someone else´s coast. IMHO, Good job USCG!

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Reply 2 - Posted by: Jethro bo, 7/31/2014 5:08:01 PM     (No. 9948317)

Whip out an Honduran flag, host it from the mizzen and sail back into port. Obmbi will grant instant amnesty and tie them free Obambi phones, Obambi welfare checks, Obambi food stamps and Obambi housing. It will beat the daylights out of working for a living and its all on the US taxpayers´ dime.

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The final chapter may have been written in the story of the Darby Free Library. After 271 years of operation, America’s oldest public library may close its doors indefinitely at the end of the year if it can’t get the necessary funding to stay open. “I see us closing until we get adequate funding to operate,” said Jay McCalla, president of the library’s board of directors. “Without money, we can’t be a library.” On top of a growing debt of $15,000, more than $7,000 worth of electrical work is needed in the 19th-century building at 1001 Main St. With overall debt likely to increase to $25,000 next year, closing seems inevitable.
Source corrected by Staff

In limbo on the Delaware
Philadelphia Inquirer, by Linda Loyd    Original Article
Posted By: bldrrepub- 7/31/2014 3:42:23 PM     Post Reply
A Greek-owned cargo ship has been anchored in the Delaware River for nearly 16 weeks, with 20 crew on board, caught in a quagmire between U.S. Coast Guard demands for operational repairs, and an owner who has not paid bills incurred since April. The Nikol H, which is registered in the Marshall Islands, needs additional repairs before sailing, and the owners allegedly owe as much as $1.2 million, which prompted vendors and others to sue to recover costs for providing fuel, food, and supplies while the ship has been here. The original crew members´ visas expired, and they are not



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