11 MAR 2022 Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing through the Black Sea and Sea of Azov after Russia’s invasion of Ukraine and growing dangers to vessels. Many shipping firms have suspended sailings to affected Black Sea ports …
Read More »PHILIPPINE GOVERNMENT WORKS TO EVACUATE ITS SEAFARERS FROM UKRAINE
10 MAR 2022 The Philippines is stepping up a rescue mission for seafarers stranded in Ukraine, and has so far managed to evacuate 21 of its mariners from the country amidst the ongoing Russian invasion. The 21 made up the all-Filipino crew of bulk carrier S-Breeze, and their evacuation was facilitated by the assistance …
Read More »DAMEN HALTS DELIVERY OF NEWBUILDS TO RUSSIA
11 MAR 2022 Netherlands-based shipbuilder Damen has decided to stop deliveries of new vessels to clients in Russia due to the ongoing invasion of Ukraine. The firm told Dutch media that it expects that the decision will have a measurable impact on the company’s earnings. “It is a significant amount,” …
Read More »MONTREUX CONVENTION, AND WHAT DOES IT MEAN FOR UKRAINE?
10 MAR 2022 As bad as the Ukraine war is so far, an international agreement signed in 1936 is preventing it from getting even worse. The Montreux Convention Regarding the Regime of the Straits gives Turkey control over the water route between the Black Sea – home to a major Russian naval …
Read More »FELICITY ACE SINKS WITH $400M IN LOST CARS DURING TOW OFF AZORES
08 MAR 2022 The car carrier Felicity Ace transporting nearly 4,000 cars for the Volkswagen Group sunk this morning, March 1, near the Azores, nearly two weeks after the vessel was devastated by a fire. Salvage crews had been working to tow the vessel after securing a line last Friday, February 25. …
Read More »WHEN SEA LEVEL RISE TRULY BEGAN ACCELERATING-STUDY HAS FOUND THE YEAR
09 MAR 2022 A global analysis of sea levels over the past 2,000 years has found a rapid rate of increase in line with the Industrial Revolution. By 1863, researchers found the rate of sea level rise had clearly surpassed background variability. Unsurprisingly, it’s around this time that the first …
Read More »STUDY OF OVER 1 MILLION PEOPLE REVEALS HEART ATTACKS CAN REDUCE PARKINSON’S RISK
08 MAR 2022 We know the devastating effects Parkinson’s disease can have, but scientists are still trying to figure out how it gets started and how to cure it. Some new research may have found helpful clues, linking having a heart attack with a lower risk of developing Parkinson’s later. The drop …
Read More »AS PRICE OF LI-ION BATTERIES RISES, SHIPPING HAS OTHER GREEN OPTIONS
07 MAR 2022 During early January 2021, lithium salt from Australian mines brought a market price of just under $9,600 per metric ton. A year later during January 2022, the price of lithium salt had risen to over $50,000 per metric ton with the February price at $59,000. The market …
Read More »NEXT GENERATION OF THE A.P. MØLLER FAMILY TAKES THE HELM AT MAERSK
06 MAR 2022 The next descendant of shipping legend A.P. Møller is moving up to take the helm at the world’s second-largest ocean carrier. Robert Maersk Uggla, son of A.P. Moller – Maersk Vice Chairman Ane Maersk Mc-Kinney Uggla and great-grandson of company founder Arnold Peter Møller, will be the new chairman of …
Read More »NEWLY INVENTED CATALYST DRAMATICALLY INCREASES THE EFFICIENCY OF TURNING CO2 INTO FUEL
05 MAR 2022 It took nature decades of photosynthesis, followed by eons of intense heat and pressure from geological activity to bake atmospheric carbon dioxide into the long chains of hydrocarbon that make up fossil fuels. We don’t have the luxury of millions of years to mop up the excess …
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