This one is for fun, so watch for clues! O. L. Salt had a long career in
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A few days later, a marine publication reported that an old tramp vessel, sailing under the name Corfu Sunset, and flying a Liberian flag of convenience, had been seen entering a Cuban harbor near a refinery there. The reporter who covers maritime news noted that the owner of the cargo likely received a sum well in excess of the market price of oil from Cuba's communist government. After all, Cuba is under a U.S. embargo, its attempts at deep sea oil drilling have failed, and the Russians no longer send them oil.
What happened? Can you speculate on some of the details? Bonus points: What hidden clues are given in the case? While this is not a true story, it is based on many true stories that are not all that uncommon in the maritime trade. If you are still not clear as to what happened, consider the case of the supertanker, Salem, lost at sea in 1980. Conduct some research on the issues presented here. Find out what sources of information are available.
Identify the extent of the problems as they exist in the maritime trade, and find out what is being done to deal with them. Consider beginning your research with the International Maritime Bureau of the International Chamber of Commerce.
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Related Book For
International Business Law And Its Environment
ISBN: 9781305972599
10th Edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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