Captain Morgan’s 1671 Lost Fleet Found?

This is an interesting story for several reasons. First, archaeologists believe that they may have discovered the wreckage of a 17th century ship lost off the coast of Panama in 1671, from the famed Captain Henry Morgan‘s fleet.   Second, a … Continue reading

Cakewalk – Largest Yacht Built in US Since J.P. Morgan’s Corsair IV

While we may prefer prefer vessels with more sticks, cloth and string, we are overdue in acknowledging the construction of  Cakewalk, a new  $82 million 85 meter yacht, which was delivered from Derecktor Shipyards in Bridgeport, CT yard in August. Cakewalk … Continue reading

On Holocaust Remembrance Day — MS St. Louis and the “Voyage of the Damned”

On Holocaust Remembrance Day, an updated repost, remembering the tragic voyage of the German passenger liner St. Louis in 1939. The ship carried 908 Jewish refugees fleeing from Nazi Germany. The ship and its passengers departed from Hamburg but were … Continue reading

Superyacht Axioma Auctioned in Gibraltar — First Sale of an Oligarch’s Yacht Since Ukraine Invasion

Axioma, a $75-million superyacht linked to a sanctioned Russian steel billionaire, was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its kind since Russia invaded Ukraine in February. The 72.5-meter … Continue reading

On Holocaust Remembrance Day — MS St. Louis and the “Voyage of the Damned”

On Holocaust Remembrance Day, here is an updated repost from several years ago, remembering the ill-fated voyage of the German passenger liner St. Louis in 1939. The ship carried 908 Jewish refugees fleeing from Nazi Germany. The ship and its … Continue reading

Update: Who Owns MSC Gayane? Does it Matter?

Recently, we posted about the MSC Gayane, the container ship seized on Monday by US Customs following a $1.3 billion cocaine bust last month in Philadelphia. We said that the ship was not owned by Mediterranean Shipping Company (MSC) but by … Continue reading

Container Ship MSC Gayane Seized by Feds Following $1.3 B Cocaine Bust

Yesterday, US Customs seized the 9,962 TEU container ship MSC Gayane.  The MSC Gayane was the ship on which 18,000 kilograms of cocaine, worth an estimated $1.3 billion, was seized by Federal agents while at the dock in the Port … Continue reading

Who Needs a Wall? East Coast Port Cocaine Container Busts Setting Records

Anyone who thinks that a Southern border wall will stop cocaine trafficking into this country has not been paying at attention to the news. Cocaine seizures from container ships have been setting records in ports along the East Coast for … Continue reading