Business

30 AUG 2019 The U.S. Treasury has designated the closely-watched Iranian tanker Adrian Darya 1 as a “blocked property” using anti-terrorism rules crafted after the Sept. 11 attacks. Consistent with prior warnings from the U.S. State Department, Treasury also blacklisted the vessel’s master, identified as Capt. Akhilesh Kumar, using measures targeting “those providing support to terrorism …

29 AUG 2019 India claims to have become the first nation in the world to include biometric facial recognition   technology in its seafarer identification documents.  The new Biometric Seafarer Identity Document will replace the existing Continuous  Discharge Certificate, and the inbuilt chip will be able to be read at point …

29 aug 2019 At the World Maritime Rescue Congress (WMRC) held in Vancouver, Canada from June 15 to 17, 2019, the International Organization of Masters, Mates & Pilots (MM&P Union) partnered with Dalhousie University (Halifax, Canada) to participate in a poster presentation discussing shipping safety.  The “Spotlight on Safety” poster …

28 AUG 2019 Japanese offshore platform operator MODEC reported Tuesday that cracks in the hull of the FPSO Cidade do Rio de Janeiro have been leaking a limited amount of residual oil into the water. The vessel has been evacuated as a precautionary measure.   MODEC informed field operator Petrobras of the problem …

27 AUG 2019 In a reversal of its stance, Bangladesh Bank yesterday paved the way for 11 large business groups to reschedule their loans even though they restructured their loans four years ago on condition of regular repayments. The decision came at a meeting of the central bank’s Board of …

26 aug 2019 A bulk carrier is feared capsized after her crew reportedly sent a distress call on Sunday (25TH August). The 52,000dwt Indonesia-flagged Nur Allya was en route to Indonesia’s Sulawesi province carrying nickel ore when the distress call was made from near Buru Island in the Banda Sea. Contact was …

25 AUG 2019 For more than a decade, vaping has been sold as a safer alternative to smoking cigarettes. But puffing on an e-cigarette is not without its harms. In recent years, a growing number of concerns have surfaced over vaping and its potential to disrupt our health. Normal cigarettes are a leading cause of …

24 aug 2019 The World Health Organization (WHO) has called for a further assessment of microplastics in the environment and their potential impacts on human health, following the release of an analysis of current research related to microplastics in drinking water.  According to the analysis, microplastics larger than 150 micrometers …

24 AUG 2019 Norwegian scientists have developed a material which can make hydrogen from water vapor, instead of liquid water. It pays off, because heat is cheaper than electricity. The research results were published recently in Nature Materials in an article titled “Mixed proton and electron conducting double perovskite anodes for …

23 AUG 2019 The closely-watched Iranian tanker Adrian Darya 1, formerly known as Grace 1, has altered her AIS destination to Mersin, Turkey, ending speculation over whether she would attempt to call at a port in Greece.  On July 4, British Royal Marines boarded the VLCC Adrian Darya 1 in the Strait of Gibraltar and …