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Cake day: August 21st, 2023

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  • There are different types of standard charter agreements in the shipping industry. In a “barebone” charter the ship is chartered without a crew and the company renting it is responsible for staffing, maintenance, etc. What Maersk used, at least according to sources reporting initially, was a time charter, where the owner of the ship provides the crew and maintenance, and Maersk only tells them where to go and what cargo to pick up, as well as providing supplies (e.g., fuel). So I agree that the reporting seems clickbaity and misleading.





  • The US has absolutely not signed a defensive pact with Ukraine. Its commitment in the Budapest memorandum is limited to respecting Ukraine’s sovereignty and bringing matters to UN Security Council in case that sovereignty is violated, which does nothing as long as the violating party is a permanent member. The whole document was pretty a nice political declaration. Don’t get me wrong, I think the US should provide all help possible to Ukraine, but saying that it has a defensive pact or a treaty obligation to do so is unfair.