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Samho Jewelry
MV ''Samho Jewelry'' (Hangul: 삼호 주얼리) is a Norwegian-owned and South Korean-operated chemical tanker. She was hijacked by Somali pirates on January 15, 2011 and rescued six days later by South Korean Navy commandos. Description Built in 2001, the ''Samho Jewelry'' has a gross tonnage of 11,566 GT. She is long, has a beam of and a draft of . Owned by 2,500 investors represented by the Acta Group in Norway, the ship is registered in the port of Valletta, Malta and operated by the Samho Shipping Company of Busan, South Korea. History In January 2008, the ''Samho Jewelry'' was placed under inspection in Mumbai by the International Transport Workers' Federation for labor issues related to flag of convenience practices. Investigators found that Burmese, Croatian, Polish and Russian crewmembers were being paid less than ITF minimum wages and directed the owners of the vessel to sign a wage agreement with the Korean Seafarers' Union. In 2010, a record $9.5 million ransom was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Christian Science Monitor
''The Christian Science Monitor'' (''CSM''), commonly known as ''The Monitor'', is a nonprofit news organization that publishes daily articles in electronic format as well as a weekly print edition. It was founded in 1908 as a daily newspaper by Mary Baker Eddy, the founder of the Church of Christ, Scientist. , the print circulation was 75,052. According to the organization's website, "the Monitor's global approach is reflected in how Mary Baker Eddy described its object as 'To injure no man, but to bless all mankind.' The aim is to embrace the human family, shedding light with the conviction that understanding the world's problems and possibilities moves us towards solutions." ''The Christian Science Monitor'' has won seven Pulitzer Prizes and more than a dozen Overseas Press Club awards. Reporting Despite its name, the ''Monitor'' is not a religious-themed paper, and does not promote the doctrine of its patron, the Church of Christ, Scientist. However, at its founder ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Choi Young (DDH-981) Cropped
Choi Young (Korean: 최영; 1316–1388), also romanized as Choe Yeong, was a Korean general born in Hongseong or CheorwonKBS World"Choe Yeong, the Victorious General of Goryeo Dynasty", Koreans in History, 2011-02-04. during the Goryeo period. He became a national hero after he put down the Jo Il-shin (조일신) rebellion. He also participated in the Red Turban Rebellions and later allied with the Ming dynasty to overthrow the Mongol Yuan dynasty. In his final years, General Choe was betrayed and executed by his former subordinate Yi Seong-gye, who founded the Joseon dynasty of Korea, bringing an end to the Goryeo period. Early years Choe Yeong was born into the prestigious Cheolwon (more recently known as Dongju) Choe noble clan as the fifth descendant of Choe Yu-cheong, the Grand Scholar of Jiphyeonjeon, the Royal Academy, and the son of Choe Won-jik. He was raised in a strict austere lifestyle, befitting a noble aristocratic family of Goryeo. He paid little heed to what he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korean Reinsurance
Korean Reinsurance Company (commonly known as Korean Re) is a reinsurance company based in Seoul, South Korea. Korean Re ranks as the world's 10th largest reinsurer in terms of gross written premiums. History Founded in 1963 as a state-funded enterprise, Korean Re was privatized in 1978. In October 2002, it was nominated as 'Reinsurance Company of the Year' by ''Asia Insurance Review''. In May 2010, Korean Re was selected as "Emerging Market Player of the Year" by ''Reinsurance Magazine''. Business Korean Re has a diversified underwriting portfolio that consists of personal business (long-term, motor, and life reinsurance) and commercial lines (property, marine, casualty, and bond reinsurance). Over the last decade, Korean Re has expanded into overseas markets. As of 2015, more than 22% of its gross written premiums were generated from abroad. Korean Re has a network of one branch office in Singapore, two subsidiaries in Hong Kong and London, and five international liaison offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samsung Fire & Marine Insurance
Samsung Fire & Marine Insurance (Korean: 삼성화재) (KOSPI # 000810) is an insurance company based in Seoul, South Korea. Incorporated on January 26, 1952, under the name of "Korea Anbo Fire Marine Reinsurance Co.", the company changed its name to Samsung Fire & Marine Insurance Co., Ltd., in December 1993, after its takeover by Samsung Group dated back to 1958. Samsung Fire & Marine Insurance, SFMI in short, is operating property and casualty insurance business and third-party insurance business defined by the Korea Insurance Business Act, while engaging in providing financial services and instruments approved by relevant laws and regulations including the Korea Financial Investment Services and Capital Markets Act. Its business portfolio consists of automobile insurance, long-term insurance, general insurance (commercial lines), enterprise risk management, annuities, etc. As of the end of 2015, Samsung Fire & Marine Insurance has seven overseas subsidiaries in Indonesia, Viet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the East Malaysia, eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burma
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: [ˈmjænmɑː, ˈbɜːmə]. So the pronunciation of the last syllable of Myanmar as [mɑːr] or of Burma as [bɜːrmə] by some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad a, broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MV Samho Dream
''Samho Dream'' is a South Korean, Marshall-Island flagged supertanker that was carrying oil from Iraq to the United States when it was hijacked by Somali pirates on April 4, 2010. At the time, the vessel was crewed by 24 sailors: five South Koreans and nineteen Filipinos Filipinos ( tl, Mga Pilipino) are the people who are citizens of or native to the Philippines. The majority of Filipinos today come from various Austronesian ethnolinguistic groups, all typically speaking either Filipino, English and/or oth .... The owner of the craft, Korea-based SH Tankers Limited said a pirate source named Mohamed had said the ship was heading for Haradheere, the pirates' base at which many ships are held during ransom negotiations. On November 6, 2010, after being held for 217 days, the ship was released from under pirate control for a ransom of about $9 million. Three other VLCCs that have been ransomed by pirates are the '' Sirius Star'', the '' Maran Centaurus'', and the '' Ir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scoop (website)
Scoop is a New Zealand Internet news site run by Scoop Media Limited, part of the Scoop Media Cartel. Operational model The website publishes many submitted news and press releases due to their permissive policy. Their website states: "If it's a press release issued in New Zealand, is legible, legal, sane, not hateful and not defamatory we will most probably publish it." In addition to being a general news website, Scoop also contains sub-sites with specific fociWellington.scoop which aggregates Wellington-specific news with editorial comment, and alsPacific.scoopwhich publishes Pacific-related news and is edited by Auckland University of Technology's Pacific Media Centre. As of March 2012, the website claimed to receive 246,500 visitors and 614,500 page impressions per month. Scoop was ranked 3rd by Nielsen Net Ratings in their News Category. History It was established in 1999 by Andrew McNaughton, Ian Llewellyn and Alastair Thompson. In 2003, ''The Guardian'' wrote about ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korean Seafarers' Union
Korean may refer to: People and culture * Koreans, ethnic group originating in the Korean Peninsula * Korean cuisine * Korean culture * Korean language **Korean alphabet, known as Hangul or Chosŏn'gŭl **Korean dialects and the Jeju language **See also: North–South differences in the Korean language Places * Korean Peninsula, a peninsula in East Asia * Korea, a region of East Asia * North Korea, the Democratic People's Republic of Korea * South Korea, the Republic of Korea Other uses *Korean Air, flag carrier and the largest airline of South Korea See also *Korean War, 1950–1953 war between North Korea and South Korea *Names of Korea, various country names used in international contexts *History of Korea The Lower Paleolithic era in the Korean Peninsula and Manchuria began roughly half a million years ago. Christopher J. Norton, "The Current State of Korean Paleoanthropology", (2000), ''Journal of Human Evolution'', 38: 803–825. The earlies ..., the history of Ko ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flag Of Convenience
Flag of convenience (FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state.Bernaert, 2006, p. 104. The term is often used pejoratively, and although common, the practice is sometimes regarded as contentious. Each merchant ship is required by international law to be registered in a registry created by a country,ICFTU et al., 2002, p. 7. and a ship is subject to the laws of that country, which are used also if the ship is involved in a case under admiralty law. A ship's owners may elect to register a ship in a foreign country so as to avoid the regulations of the owners' country, which may, for example, have stricter safety standards. They may also select a jurisdiction to reduce operating costs, avoiding higher taxes in the owners' country and bypassing laws that protect the wages and working conditions of m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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