Just as China is doing, so is shipping. China is central on the demand side for the bulk and tanker shipping markets and on the supply side for container shipping. Shipping puts any risk to China’s economy and its raw material consumption in the crosshairs – and this risk increases. …
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UPDATE: A previous story reported that Judge Sharon Gleason approved the restraining order. The story was mistakenly published. The injunction order has not been issued, and Judge Gleason has not issued an opinion on the case until Monday afternoon, September 20. The attorneys at American Seafoods subsidiaries Kloosterboer International Forwarding …
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Installation of Ocean Farm 1, 2017 (file courtesy of SalMar) Published September 20, 2021 3:01 PM by The maritime executive Light Structures AS, a provider of trunk stress monitoring systems, is introducing a novel application of its advanced technology. Its fiber-optic systems provide the navigators on the bridge with the …
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Investors are unsure whether the Chinese authorities can contain the consequences of a possible disorderly collapse of the heavily indebted company. The situation is exacerbated by the fact that China will remain closed until Wednesday due to the mid-autumn festival. However, Evergrande’s Hong Kong-listed stock fell another 13% as its …
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China launched a cargo mission to its new space station just days after astronauts left the outpost in orbit. A Long March 7 missile topped off with robotics Tianzhou 3 freighters lifted off today from the Wenchang Satellite Launch Center in southern China’s Hainan Province (September 20th). The start took …
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WENCHANG, Hainan (XINHUA) – China launched the Tianzhou-3 cargo space probe on Monday, September 20, to deliver supplies for its space station under construction. According to the China Manned Space Agency (CMSA), the Long March-7 Y4 rocket with Tianzhou-3 took off at 3:10 p.m. from the launch site of the …
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CEO and Managing Director of Carbon Neutral Shipping, David Aherne Across the Ocean Shipping launches Carbon Neutral Shipping: a website that enables shipping companies to offset the CO2 emissions caused by sea and air freight Shipping and transport contribute enormously to CO2 emissions; It is therefore up to us, as …
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Nauru updates Log in to myFT Daily Digest to be the first to be informed about news from Nauru. In the vastness of the South Pacific lies an island paradise that was built on bird droppings. Nauru is a tiny country, a third the size of Manhattan, formed from ancient …
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Image of the ILO file Published 09/19/2021 7:48 PM by The maritime executive As the shipping industry pays increasing attention and focus to decarbonization, the crew change crisis is not over and ship operations still depend heavily on thousands of dedicated seafarers. Their efforts are particularly visible in congested container …
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The industry’s ability to comply with pollution and climatic conditionsTThe change goals require a new, technology-driven approach, writes Peter Georgiopoulos, chairman of the tanker owner United Overseas Group. CO2 pricing, emissions trading, EEXI, CII, The Poseidon Principles, Getting to Zero and The Sea Cargo Charter. The regulators come for shipping …
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