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GLOBAL RECESSION RISK SPIKES AS WORLD POWERS DOWN, MARKETS SLUMP

20 MAR 2020 A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and financial markets slump. In just the past day or so, President Donald Trump curbed travel to the U.S. from Europe, Italy’s government ordered almost every shop …

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EXPLOSIVE GROWTH IN CHINESE TRADE EXPECTED AFTER CORONAVIRUS

19 MAR 2020  An editorial appearing in China Daily states that after the Coronavirus epidemic is curbed, the consumption that has been constrained will be rapidly released, and there will be explosive growth in imports and exports. Liu Ying, a researcher at Chongyang Institute for Financial Studies, Renmin University of …

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BAWAT’S BALLAST WATER SYSTEM AWARDED U.S. COAST GUARD TYPE APPROVAL

18 MAR 2020 One of the easiest to use and most cost-effective ballast water treatment systems has been awarded Type Approval by the U.S. Coast Guard. The system, from Danish company Bawat, is the only treatment system available to shipowners that relies on heat pasteurization to kill off potentially dangerous …

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THE BELT AND REBRANDING INITIATIVE

17 MAR 2020  China’s Belt and Road initiative (BRI) continues to defy simple explanations. Initially used as a means to promote and frame the country’s key foreign policy initiatives, it has now morphed into somewhat of an umbrella term for all sorts of Chinese overseas activities. Is this development evidence …

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SIPRI: SAUDI ARABIA IS WORLD’S LARGEST ARMS IMPORTER

16 MAR 2020  International transfers of major arms during the five-year period 2015–19 increased by 5.5 percent compared with 2010–14, according to new data from the Stockholm International Peace Research Institute (SIPRI). The largest exporters of arms during the past five years were the U.S., Russia, France, Germany and China, …

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GETTING PROACTIVE ON THE BIOFOULING PROBLEM

15 MAR 2020  Biofouling is, or should be seen as, public enemy number one when it comes to impacting on marine ecosystems and handicapping vessel performance worldwide. However, given that cleaning practices can be as invidious as the fouling itself, and no silver bullet solution exists, the industry faces a …

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THOSE WHO RECOVER FROM CORONAVIRUS CAN BE LEFT WITH REDUCED LUNG FUNCTION, SAY DOCTORS

14 MAR 2020 People who recover after being infected with the novel coronavirus can still be left with substantially weakened lung capacity, with some left gasping for air when walking quickly, doctors in Hong Kong have found. The Hong Kong Hospital Authority made the findings after studying the first wave of patients …

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TOWING ACCIDENT: PILOT HAD INCOMPLETE UNDERSTANDING OF THE CURRENT

14 MAR 2020  The U.S. National Transportation Safety Board (NTSB) has released a Marine Accident Brief about the March 10, 2019 accident involving the towing vessel Rivers Wilson, which was pushing six loaded barges, when it contacted the Norfolk Southern railway bridge near Jackson, Alabama. The NTSB determined that the probable …

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CORONAVIRUS WITH A BABY: HERE’S WHAT PARENTS NEED TO KNOW

13 MAR 2020 If you have a baby, you may be worried about them catching the coronavirus, particularly after media reports of an Australian infant diagnosed with it. The good news is, the evidence so far is babies almost never get seriously ill from the coronavirus. And even if infected, they may have no symptoms. …

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