Abandoned Ships W/Full Crews Doubles As Economic Crisis Wrecks Shipping Companies, New Crypto Czar

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An increasing number of shipping companies are abandoning their own vessels over mounting debts including older vessels deemed too costly to repair has led to the rise in the phenomenon of crewmembers simply being abandoned at sea, often left to fend for themselves as they await pay which sometimes never comes.
A Friday investigative report in The Wall Street Journal has detailed some of the shocking stories of tanker crew members left adrift after companies abandoned vessels or sold or transferred them, or couldn't pay mounting debts, while trying to survive oftentimes on little food even while moored close to resort locations in places like Dubai - or in other cases floating off the Suez Canal or at Black Sea ports.
"The $14 trillion shipping industry, responsible for 90% of world trade, has left in its wake what appears to be a record number of cargo-ship castaways," the report begins. "Abandonment cases are counted when shipowners fail to pay crews two or more months in wages or don’t cover the cost to send crew members home, according to the International Maritime Organization,
more troubling the gov is reportedly weighing whether to use an executive order to set up a new federal regulatory framework for the fast-growing crypto market. It's also reportedly exploring the possibility of appointing a crypto czar.
According to Bloomberg, the draft directive "is part of an effort... to craft a sweeping strategy for digital tokens, which have become a growing concern for regulators as they’ve become wildly popular with average Americans."