Relationships

COSMIC TIMEKEEPING METHOD PROPOSES TO SYNCHRONIZE ALL CLOCKS ON EARTH

19 MAY 2022 Modern technology pulses with a heartbeat measured in microseconds. From global positioning systems to communications networks, it’s vital every component falls into near-perfect synch. Based on standards determined by a specialized task group, signals sent through optic fiber or down from an orbiting satellite tend to ensure …

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COVID-19’S IMPACT ON SEAFARER POPULATIONS WILL BE FELT FOR YEARS TO COME

18 MAY 2022 By Hrishi Olickel and Irina Carbunaru – The crew change crisis is raging on, as changing Covid-19 restrictions complicate seafarer movements – and the ripple effects may continue to spread for the next five years. The crewing crisis and the increasing safety risks of operating in a tense geopolitical …

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ICS AND SUEZ CANAL AUTHORITY FORMALIZE AGREEMENT FOR GREATER COOPERATION

17 MAY 2022 The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of Shipping (ICS), representing 80% of world’s merchant fleet, have agreed to work towards increasing information sharing and “negotiations on the movement of global trade through the Canal” under …

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INDIA BANS WHEAT EXPORTS AS HEAT WAVE AND DOMESTIC PRICES SOAR

16 MAY 2022 MUMBAI, May 14 (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and …

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HOW A PRICE DISPUTE LED TO INDONESIA’S PALM OIL EXPORT BAN

15 MAY 2022  The global vegetable oils industry was stunned after Indonesia’s President Joko Widodo announced late last month that his country, the world’s largest producer of palm oil, would impose a ban on exports. While Jokowi, as the president is widely known, cited domestic shortages in cooking oil as his …

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SHIPPING HAS THE POTENTIAL TO HELP THE ARABIAN PENINSULA DIVERSIFY

14 MAY 2022  Historically, the Arabian Peninsula has played a pivotal role in maritime trade development. It now acts as a bridge that connects South Asia’s manufacturing hubs to consumers in Africa and Europe. It provides much of the fuel, and since the start of the oil boom in the …

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A PAIR OF TWINS GREW UP IN DIFFERENT COUNTRIES, THEN SCIENTISTS COMPARED THEM

  13 MAY 2022 Researchers have taken advantage of a rare opportunity to study identical (aka monozygotic) twins who were separated early in life, before being raised in different countries by different families – and there are some surprising results to report. Whereas IQ has been shown to be up to …

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ALLIANZ: SHIPPING IS GETTING SAFER, BUT FIRES REMAIN A CONCERN

  12 MAY 2022  Shipping’s long-term trend towards higher safety and fewer losses continued in 2021, according to marine insurer Allianz, but several high-profile incidents show that cargo fires are a “priority concern” for the industry – particularly for car carriers. Over the course of the past year, two vessels were lost …

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MACN LAUNCHES FIRST-OF-ITS-KIND ANTI-CORRUPTION DATABASE

11 MAY 2022  The Maritime Anti-Corruption Network (MACN) has launched a one-of-a-kind online platform that shows the frequency with which corruption is reported at individual ports. The Global Port Integrity Platform (GPIP) is based on MACN’s catalogue of incident data, including more than 50,000 incident reports collected since 2011. It …

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WHAT TRIGGERED THE WORLD’S BIGGEST CLIMATE CATASTROPHE

10 MAY 2022 Some 252 million years ago the world was going through a tumultuous period of rapid global warming. To understand what caused it, scientists have looked to one particular event in which a volcanic eruption in what is now Siberia spewed huge volumes of greenhouse gas into the …

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