News

Straits Auto Logistics: Growing in tandem with regional demand

Straits Auto Logistics: Growing in tandem with regional demand

Selangor: Malaysian automotive shipping and logistics provider Giga Maritime Group (GMG) has announced plans to invest in new IT infrastructure, the expansion and replacement of its fleet, assets and vehicles as well as developing new car terminals. These investments are vital in order for the group to meet growth demands following the National Automotive Policy (NAP) announcement...

Ningbo Shipping Exchange: Service enhancements needed

Ningbo Shipping Exchange: Service enhancements neededNingbo: China increasingly rules the waves of commercial shipping, with central government very much focused on pan-maritime development. The People’s Republic ranks number one in terms of port throughput and shipbuilding volumes....

CANSI: Diversification key to China’s shipbuilding future

CANSI: Diversification key to China’s shipbuilding futureBeijing: China’s shipbuilding industry is facing a structural change with the recently released shipbuilding “white list” by the government, Guo Dacheng, president of the China Association of National Shipbuilding Industry (CA...

Goodwood Ship Management: Towards 50 ships

Goodwood Ship Management: Towards 50 shipsSingapore: A relatively new Singapore-based shipmanager is well on the way to looking after more than 50 vessels as well as carving itself a considerable niche in managing VLCCs. Capt AR Sabnis is the managing director of Goodwoo...

Direct Search Asia: ‘More than just spotting talents and filling vacancies’

Direct Search Asia: ‘More than just spotting talents and filling vacancies’Singapore: A new recruitment firm, Direct Search Asia, has been launched with a special focus on the shipping, marine, offshore and oil and gas sector. Founded by Jason Tay, who was formerly with international HR firm Faststream, Di...

China Shipowners’ Association: Maritime lobbyist-in-chief

China Shipowners’ Association: Maritime lobbyist-in-chiefBeijing: China smashed P3, a proposed mega alliance between the top three containerlines, Maersk, MSC and CMA CGM earlier this year, just as it downed Brazilian miner’s plans to deploy giant 400,000 dwt bulkers to China. The commo...

China National Ship Recycling Association: Many yards face the scrapheap

China National Ship Recycling Association: Many yards face the scrapheapBeijing: Despite shipping and shipbuilding showing fragile signs of recovery in China the local ship recycling business is still in crisis with many yards facing bankruptcy in the coming 12 months, according to the president of the ...

Aoshan: LNG solutions for ships

Aoshan: LNG solutions for shipsDalian: China’s efforts to promote LNG as a fuel for ships have not been a huge success to date. The latest issue of SinoShip magazine shows that despite generous subsidies on offer to convert ships to run on LNG, Beijing’s bid ...

Ilioship: How to handle disputes in China

Ilioship: How to handle disputes in China Dalian: For Greek owners with a problem in the People’s Republic Nicholas Iliopoloulos has rapidly become Mr Fixit or ‘Our Man in China’ as he quips. The shipping veteran has been based in Dalian since 2009 and has worked with...

CyberKeel: Shipping unprepared for online attacks

CyberKeel: Shipping unprepared for online attacksCopenhagen: Shipping is the target of many cyber criminals yet the majority of the industry struggle to understand how to combat this growing scourge. Lars Jensen, who writes a container column for this title and is also the founder...

Grimaldi Group: Green roro fleet at the ready

Grimaldi Group: Green roro fleet at the readyNaples: “The 0.1% sulphur emissions control area rules that will apply in the North Sea, Baltic and English Channel from next January are set to split the shortsea shipping industry into two classes: operators that can still compe...

CargoSmart: Trio of new products

Hong Kong: CargoSmart, the shipment management software solutions provider that leverages big data for greater visibility and benchmarking, has three new ways for shippers and logistics service providers to improve their shipment planning.

CTI Consultancy: Driving liner efficiencies

Singapore: A trio of former Maersk executives have formed a consultancy in which they promise to deliver serious efficiencies to clients within the container sector. Container Transport International Consultancy was founded last year by Andy Lane in ...

OW Bunker: Warning on polarisation of standards within bunkering

Singapore: In the final of a series of bunker-related interviews in the run up to tomorrow’s start of SIBCON, the world’s largest bunkering event, we catch up today with Søren Christian Meyer, the man tasked with physical bunker activities in th...

Dynamic Oil Trading: Bunker challenges

Singapore: SIBCON, the world’s largest bunkering event, takes place later this week. In the run up to the Singapore show, we talk to leading names within the sector. Today, we chat with Lars Moller, ceo of Dynamic Oil Trading. One of the key chal...

Hong Lam Marine: What mass flow meters will bring

Singapore: Continuing a theme for this week, this Friday’s regular shipowner profile is with one of the world’s largest bunker vessel operators. The interview is timed to coincide with the launch this week of a brand new bunkering magazine from o...

Clean Marine Energy: Integrated LNG solutions

Irvine: Today’s Maritime CEO is once again bunker-related as our sister title, SeaShip News celebrates the launch of a brand new bunkering magazine. This week WesPac Midstream, a provider of energy infrastructure and LNG solutions, formed a partner...

National Metrology Centre: Bunker savings

Singapore: Today’s Maritime CEO interview comes from Singapore on the day where our sister title, SeaShip News launches a brand new bunkering title, timed to coincide with next week’s big bunkering gathering, SIBCON.

Oiloffer.com: Bunker savings made clear

Middelburg: Looking to shave some money off your bunker bills? You best be quick if you want to maximize your savings from a new Dutch outfit. Oiloffer.com is offering no subscription costs during its Beta testing period. The site founded by Colin de...

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Introduction

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2014 Issue 3
Lubricants

In Focus

Watch your tail

We welcome back a former army man to dish the dirt on the private maritime security business

Watch your tail

About six months ago I started to tell you about the realities of the UK maritime security industry, a tale of betrayal, back stabbing, lies, lost friendships, broken marriages and dislocated egos. You can read the first installment by clicking here.

For this final part, I’ll start from the moment I decided to create my own private maritime security company (PMSC).

In retrospect the business was rolling down hill from day one, even though we were doing 60 to 80 transits a month. The mismanagement of the chancing so-and-sos I was employing started straight away.

I have it from the horse’s mouth: “You must have been aware that I was planning on starting my own business whilst working for you.”

I should have had tighter legals in place at the time, but, what with the business growing out of control, it was one element that just got put to one side. The swines were all nobodies, most were the dregs of society, failures in life who pounced on my stupid trusting nature. The question has been asked on more than one occasion, why did you employ them? The answer involves that emotion that you should never mix in business: former army, or close protection mates form my early days cutting around the streets of Najaf and Fallujah, thinking that if you had someone watching your 6 in that environment, then you could trust them with something a bit more complex and with a monetary value.

So after I had ridded myself of these idiots I still needed help with the operations, which were still growing on a daily basis. To cut a long story short, we needed to recover the millions owed and pay the thousands that we owed. It took a gargantuan effort to get some clients to pay up, some still haven't. Luckily, a client with a decent moral code helped and we started to get  ...   More>>