Good Company

Good Company
Good Company

Wednesday, October 08, 2008

Somali Pirates: Sail into Pirate "Danger Zone" Get Double Pay

Reported here:
Following an ad hoc meeting of the IBF Warlike Operations Areas Committee in Singapore on Tuesday 7 October, the International Bargaining Forum agreed to establish a 'high risk area' covering the major part of the Gulf of Aden with immediate effect.

The Memorandum of Agreement agreed at the meeting will provide that seafarers on ships covered by IBF Agreements will receive a bonus equal to 100% of their basic wage while the vessel is in transit. The normal rates of death and disability compensation for seafarers will be doubled during this period.

No comments:

Post a Comment