Monthly Archives: January 2022

CLIMATE CHANGE COULD OPEN UP ‘RIVERS IN THE SKY’ OVER EAST ASIA

10 FEB 2022 We know that the climate crisis is already having a profound effect on global weather systems, altering temperatures, rainfall, wind patterns, and more – and a new study predicts likely deluges over the mountainous parts of East Asia in the future. The pouring rain will be brought on by atmospheric …

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AS CHARTER MARKET SOARS, BOXSHIP SCRAPPING HITS SIX-YEAR LOW

09 FEB 2022  Aging boxships that would ordinarily be decommissioned continue to remain in service as owners take advantage of a booming container charter market, according to Alphaliner. In its latest weekly report, Alphaliner says that last year saw a significant decline in the demolition market as container ship owners …

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MOL SEEKS TO DEVELOP WAVE ENERGY FOR JAPAN THROUGH BOMBORA INVESTMENT

08 FEB 2022  Japan shipping company Mitsui O.S.K. Lines moved to expand its partnership that is developing wave energy through an investment in Bombora Wave Power. MOL reports that it has been working with the company for 18 months and is making the investment in Bombora to support its technology …

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‘SIXTH SENSE’ THAT IS KEY TO OUR WELLBEING, BUT ONLY IF WE LISTEN TO IT

07 FEB 2022 Most people are familiar with the five senses (touch, sight, hearing, smell, and taste), but not everyone knows that we have an additional sense called interoception. This is the sense of our body’s internal state. It helps us feel and interpret internal signals that regulate vital functions …

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CRYSTAL SYMPHONY DIVERTS TO THE BAHAMAS, AVOIDING ARREST WARRANT

06 FEB 2022  With judicial seizure awaiting upon her return to Miami, Crystal Symphony has diverted to The Bahamas instead, taking 300 paying passenger with her. After parent company Genting Hong Kong applied for bankruptcy last week, an unpaid bunker supplier has secured a federal court order for Symphony’s arrest. Instead of returning to …

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CRYSTAL CRUISES SUSPENDS OPERATIONS DUE TO GENTING HK INSOLVENCY

05 FEB 2022  Luxury cruise line Crystal Cruises has become the latest casualty in the insolvency of its parent company Genting Hong Kong. Late today, the cruise line that had been acquired by Genting Hong Kong in 2016 sent out an email announcing that it would suspend the operations of …

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GENTING HONG KONG FILES BANKRUPTCY TO PREVENT “DISORDERLY LIQUIDATION”

04 FEB 2022  Genting Hong Kong filed today for the provisional liquidation on the company after reporting that it had exhausted its negotiations and had no further access to liquidity. The company reported that it expects its cash balances to “run out” by the end of January and that it …

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EU RENEWS ITS COMMITMENT TO ANTI-PIRACY PATROLS IN GULF OF GUINEA

03 FEB 2022  The European Union (EU) intends to carry on with the deployment of its member states’ warships in the Gulf of Guinea to stem the recurring menace of piracy. After a review of the Coordinated Maritime Presences (CMP) pilot program in which member states have been deploying warships to …

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DISTRESSED CARGO SHIP REPORTS BEING “HARASSED” BY UNKNOWN VESSEL

02 FEB 2022  Swedish and Danish forces responded to a distress call on Thursday evening from a Norwegian coastal vessel that was in danger of sinking. They conducted a difficult nighttime rescue airlifting the crew to safety and while the investigation is ongoing, some sources are reporting that the crew …

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ANTARCTIC ‘MEGABERG’ RELEASED 152 BILLION TONS OF FRESHWATER JUST BEFORE MELTING

01 FEB 2022 Scientists have been keeping a close eye on the ‘megaberg’ designated as A68a since it split off from Antarctica back in July 2017 – and new research highlights just how much freshwater it’s released into the ocean during its late melting process. Satellite monitoring systems indicate that for three …

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