Business

05 JUL 2019 It may be Independence Day, but there’s nothing revolutionary about the way your 4th of July fireworks are made. Fireworks have been built from a mix of explosive powder, chemicals, and glue for ages. The earliest fireworks shows date back more than a thousand years. But not …

04 july 2019 On Tuesday, Russia’s ministry of defense confirmed that 14 submariners died of smoke inhalation after a fire aboard a spy submarine. “On July 1, fourteen submariners . . . died in Russian territorial waters as a result of inhaling combustion products aboard a research submersible vehicle designated …

04 JULY 2019 Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of dollars, and gave Tom Hanks yet another chance to play the everyman overcoming a life-defining crisis. Now, thanks to a multinational naval crackdown and tighter security measures by …

04 july 2019 Swedish company Le Cord has created a new collection of Apple-certified charging cables for iPhones using recycled plastics from ghost fishing nets. This is the first time recycled plastics from the ocean have been used for certified mobile charging accessories. Every year more than 640,000 tons of …

03 july 2019 On Tuesday, China’s transport ministry issued advisory warning Chinese-flagged vessels to set the highest possible level of security when transiting the Strait of Malacca. Chinese operators were asked to immediately “raise security levels for relevant vessels and take security measures accordingly.” The advisory provided no details of …

03 JULY 2019 As a service for the shipping community at large, the Singapore Shipping Association (SSA) has released a new infographic laying out practical guidelines for complying with the IMO 2020 fuel sulfur rule. The three-page document provides a quick overview of the main requirements of the IMO 2020 global sulphur …

03 JULY 2019 Carola Rackete, the 31-year-old captain of the Sea-Watch 3, has been released from custody. She was arrested on Saturday after her vessel made contact with a police boat and docked in Lampedusa, Italy, with 41 African migrants on board. Italian judge Alessandra Vella ruled on Tuesday that Rackete had …

02 JULY 2019 The IMO has produced a new film to showcase its Women in Maritime program. The program, initiated in 1988, supports the United Nations Sustainable Development Goal 5: Achieve gender equality and empower all women and girls. The program supports the participation of women in both shore-based and …

02 JUL 2019 Global climate change is endangering small island countries, many of them developing nations, potentially harming their ability to function as independent states. As international environmental co-operation stalls, we must ask what consequences climate change will have on the statehood of vulnerable countries. This is especially important because …

01 JUL 2019 South Korean carrier HMM (formerly Hyundai Merchant Marine) announced Monday that it is joining THE Alliance, the ocean carrier alliance comprised of Hapag-Lloyd, ONE and Yang Ming. The agreement was finalized in Taipei on June 19. Subject to regulatory approval, the new contract between the four lines …