Have you bought your ship yet?
SHIP REGISTRATION
A common phenomenon in the world of shipping today is that of so-called flags of convenience. This term refers to the registration of a ship in a selected country.
Different countries have different laws or other circumstances such as economic environments or wage rates.
WHAT COLOR IS YOUR FLAG, CAPTAIN?
Such factors may either add to, or detract from, its suitability as a registration location.
The word project in this context just refers to the buying and renting out of the ship. Like a construction project.
William Schubert, a United States Maritime Administrator, addressed the United States House of Representatives on June 13, 2002 regarding the dangers posed by flags of inconvenience.
He argued that because of the lack of control, flags of convenience provide a very easy way for illegal immigrants to enter the country.
GO BIG OR GO HOME!
The size of particular ship is key. Ship age also may affect investment decisions.
But there is also a second important reason why this is important. Larger ships or ships with higher drafts may not fit into some harbors.
An how do you use a ship if it doesn't fit in to the ports on your route, sir? Only being able to fit into some ports means only being able to fit on some routes.
Which means only being eligible for some freight rates.
HOW OLD IS YOUR SHIP, CAPTAIN?
Ship age also may affect investment decisions. In this thesis the focus is on new-buildings but it is quite conceivable that second-hand vessels are financed through a KG model.
Reasons for this phenomenon may include age or design.
The fact is that container ships are less likely to get damaged because of heavy handling, weight, or pressure.
A popular way of determining deficiencies in a ship is through surveys. Inspections and surveys may include a safety construction survey or a cargo ship safety equipment survey.
I am going to level with you @pjcswart.
I think that a fair bit of your content is interesting - but I am not going to up-vote. Not because I have anything against you (hence why I am writing this comment), but because 40+ voters have spread tiny votes on your post over jut 20 minutes - making it unattractive for me to 'curate' your post.
I recall you mentioning when I was starting out that I might want to look into a voting club. Today I am here to suggest to you that your voting club is holding you back.
I like getting 40+ up-votes on my materials too. But if they do so with tiny up-votes then there will be little motivation for any user who knows how curation works to vote on my stuff.
The thing is I cannot remember the last time one of your posts hauled in more than a couple dollars worth of rewards - and I've been trying to figure out why. Your posts have clearly improved since back then. This one is downright interesting and I don't think anybody else is talking about shipping.
Well - my message is that you might want to explore getting out of your voting union - just to experiment and see how things change. You might find the results slow - but I 'suspect' that the long term gains will prove worth-while - especially as your content gets even better!
Thank you so much for your kind words, much appreciated! 😀 😃 😄 😁 😆
Hi @pjcswart and @pathforger,
Curation rewards:
Each post reward is split 75% author, 25% curator
After 30 minutes and more = ENTIRE portion of that 25% goes to the curator PERIOD.
27 minutes and 30 minutes past the time the post has been made live, will be split 90/10. 90% curator and 10% author.
15 minutes and 27 minutes of when a post is created. 50% curator and 50% goes to the author.
3 minutes and 15 minutes after post publication. 10% curator, author receives 90%
3 minutes after the post has been up. 0% curator, 100% author
Great explanation about how the curations works. I am not really to much into the curation game and vote on something I enjoy irrespective of how recent or old a post is.
I actually need to start focusing more on curating.
Hmmm not sure I understand ....
27 minutes and 30 minutes past the time the post has been made live, will be split 90/10. 90% curator and 10% author.
15 minutes and 27 minutes of when a post is created. 50% curator and 50% goes to the author.
3 minutes and 15 minutes after post publication. 10% curator, author receives 90%
3 minutes after the post has been up. 0% curator, 100% author
After 3 minutes a Curator makes nothing ?
Hey there @colinbrazendale. :c)
This is a pretty good explanation of the 30-minute rule mechanic.
However there is one thing that I notice is missing in your analysis. The notion that the first curator gets a bigger portion of curation rewards than the second, etc.
As such - when you have 40-odd votes within the first 20 minutes - and if one were to discount the 30 minute rule - what % of the curation pool 'does' the 41st up-voter actually get?
This is why a user of any experience would shy away from adding their weight and rewards to such a post... because they see its been smothered in hollow stake-claims.
What!! So whats the point of making any comments then!!! (after three minutes). O its the other way around ... OK i see, so within the first three minutes, curators get nada.
@pathforger the fact you don't appreciate "40 tiny votes" is a problem. These tiny votes are still votes and they still count for something. You're not always going to have 40 massive whale sized votes
I wouldn't say that I don't appreciate tiny votes. It would be more accurate to say that I lack an appreciation for "union votes". The kinds of votes that one signs up for and have a service automatically spread votes around with all the intelligence that such a base algorithm has.
So - tell me... What 'do' those votes count for, per se? A guaranteed $1.50~ reward and a reduced probability of being touched by a tuna, let alone a whale? :c)
I hear you. Don't do that myself and can't speak for anyone else.
This post has been ranked within the top 80 most undervalued posts in the second half of Sep 24. We estimate that this post is undervalued by $11.47 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Sep 24 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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