Delinquent Shipowners Abandoned a Record 3,100 Seafarers in 2024
Seafarer abandonment cases are soaring, according to the International Transport Workers’ Federation, and the numbers hit an unwanted all-time record in 2024. ITF blames the growing problem on the lack of enforcement that low-quality shipowners can obtain from the lowest-quality open registries.
Abandonment is not a feature of name-brand global operators. The cases are concentrated among the oldest, most worn-down vessels with little-known shipowners. By walking away, disreputable or bankrupt owners save on the cost of back wages, cre…
CONTINUE READING THE ARTICLE FROM The Maritime Executive HERE
Comments are closed, but trackbacks and pingbacks are open.