07 FEB 2024 Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red Sea, another sign of how Houthi attacks in the area are punishing the commercial interests of vessels with ties to the west. The militants began going after Israeli-linked vessels back in mid-November, …
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06 FEB 2024 The delivery of specialized ships to a new Russian liquefied natural gas facility is being upended by US sanctions, according to Mitsui OSK Lines Ltd., threatening exports. The Japanese shipping line can no longer charter the three ice-breaker LNG ships to the Arctic LNG 2 project due to US restrictions, and efforts to …
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05 FEB 2024 The Seafarers’ International Union of Canada (SIU) recently revealed alarming statistics showing nearly half of all seafarers working in the Canadian marine sector have experienced harassment or bullying during their career. This report, released by SIU Canada, is a compilation of data from a survey conducted in …
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04 FEB 2024 Vietnam’s main ports have shot up the world rankings in terms of volumes of container-based traffic as manufacturers increasingly pull out of China in the wake of the tariff-based trade war with America. As the latest data on Vietnam’s growing “connectivity” – essentially the smooth and cost-effective …
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03 FEB 2024 The rare condition posterior cortical atrophy (PCA) involves strange, troubling issues with vision and spatial awareness – including difficulty judging distances, seeing movement, and recognizing objects – and a new study highlights its close relationship to Alzheimer’s disease in more detail than ever before. PCA and Alzheimer’s have long been linked …
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02 FEB 2024 The number of new cancer cases will rise to more than 35 million in 2050 – 77 percent higher than the figure in 2022, the World Health Organization‘s cancer agency warned Thursday. The WHO’s International Agency for Research on Cancer (IARC) cited tobacco, alcohol, obesity and air pollution as key factors in the estimated rise. “Over …
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01 MAR 2024 President Joe Biden’s energy security adviser said the impact of Houthi rebel attacks on commercial ships in the Red Sea is limited and pledged continued US action to curb the Iranian-backed group’s ability to disrupt markets. Cost pressures have been more on logistics than on energy commodities, Amos Hochstein …
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31 FEB 2024 Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in response to the Israel-Hamas war. The Horn of Africa nation has recorded five assaults on commercial ships off its coast since November, Hassan Mohamed Afrah, the …
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30 FEB 2024 The evolution of container shipping has played a crucial role in transforming international trade and shipping, making it more efficient, cost-effective, and interconnected. Today, container shipping is ubiquitous and efficient. The most recent ULCV, the MSC Irina, has an astonishing capacity of 24,346 TEU.[1] This has been a …
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29 FEB 2024 And could that make Beijing more open to risk-taking, including vis-à-vis Taiwan? A worldwide scramble for energy supplies following Russia’s invasion of Ukraine has intensified China’s quest for energy security. The nation is doubling down on all forms of domestic energy generation – from coal to renewables …
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