Citing coronavirus-related restrictions, Chinese authorities have not allowed the ships, MV Jag Anand and MV Anastasia, to either dock or go for a crew change in months.
MEA Anurag Srivastava said bulk cargo vessel MV Jag Anand and MV Anastasia have been on anchorage on Chinese shores since 13 June and 20 September, waiting to unload cargo.
MEA spokesperson Anurag Srivastava was responding to reports that it may not be possible for Johnson, who has been invited as chief guest on Republic Day, to visit India next month.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
In the complex web of Flag, Ownership, Management, Charterers, Cargo interest and Title (which may even involve banks) the crew change may not be easy unless the Chinese allow it to take place in Chinese waters.
If the crew change is to take place in a third country the owners /Managers will have to seek approvals from all the interests and may even have to provide bank guarantees to the extent of value of the cargo, in addition to steaming costs in days and fuel will also have to be born.
All in all, it will be an expensive business, appears we are part of collateral damage of the trade war between Australia and China. Fortunately the owners are not the fly by night operates and with pockets deep enough to sustain the costs.
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In the complex web of Flag, Ownership, Management, Charterers, Cargo interest and Title (which may even involve banks) the crew change may not be easy unless the Chinese allow it to take place in Chinese waters.
If the crew change is to take place in a third country the owners /Managers will have to seek approvals from all the interests and may even have to provide bank guarantees to the extent of value of the cargo, in addition to steaming costs in days and fuel will also have to be born.
All in all, it will be an expensive business, appears we are part of collateral damage of the trade war between Australia and China. Fortunately the owners are not the fly by night operates and with pockets deep enough to sustain the costs.