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IMF LOWERS OUTLOOK FOR GLOBAL ECONOMY

11 OCT 2022 The International Monetary Fund has lowered its outlook for the global economy amid high inflation and downside risks on multiple fronts. According to the IMF’s World Economic Outlook report, global economic activity is experiencing a broad-based and sharper-than-expected slowdown as inflation rages at levels not seen in several decades. …

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THE OUTLAW OCEAN EPISODE 3: SLAVERY IS NOT GONE – IT’S AT SEA

09 OCT 2022  While forced labor exists throughout the world, one place where it’s especially pervasive is the South China Sea, and especially in the Thai fishing fleet. Partly this is because in a typical year, this country’s fishing industry is short about fifty thousand mariners, according to the UN …

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RESEARCHERS TRACK AN ULTRA-RARE DISEASE THAT TURNS MUSCLE TO BONE

08 OCT 2022 A three-year-long study has tracked dozens of patients with an ultra-rare disorder that gradually turns muscle, tendons, and ligaments to bone. The lifelong, irreversible condition is known as fibrodysplasia ossificans progressiva (FOP). While estimates on its prevalence vary, confirmed cases occur in roughly one out of every 1 …

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THE ‘DEATH THROES’ OF ANCIENT ICE SHEETS MAY GIVE HINTS ABOUT CLIMATE CHANGE’S IMPACTS

A 3D map of one of the hidden valleys, also known as a tunnel valley, under the seafloor in the North Sea. (James Kirkham) 07 OCT 2022 Hidden valleys buried beneath the ocean bottom in the North Sea were rapidly carved out during the “death throes” of an ancient ice sheet …

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DIGITALIZATION: MARITIME’S SECRET WEAPON

06 OCT 2022  The shipping industry is setting its sights on efficiency. Thanks to internal corporate social responsibility (CSR) initiatives and external pressures from regulatory agencies, fleet operators are starting to take steps to reduce fuel consumption, improve reporting, and transform voyages to meet the decarbonization goals set forth by …

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WHEN WILL THE SUPPLY CHAIN RETURN TO NORMAL?

05 OCT 2022 Few observers have had a better perch to watch the pandemic slowly clog — and now free up — one of the biggest arteries of global trade than Captain J. Kipling “Kip” Louttit. Two years ago this week, as fully loaded container ships congregated off the coast of …

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THE OUTLAW OCEAN EPISODE 1: THE MYSTERY OF A MASSACRE AT SEA

03 OCT 2022  Crimes like this don’t often happen on land. A 10-minute slow-motion slaughter captured by a cell-phone camera shows a group of unarmed men at sea in an undisclosed location, possibly 15 of them, killed one by one by a semiautomatic weapon, after which the culprits pose for …

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ELECTRICAL FAILURE LEADS TO LOSS OF STEERING AND $6 MILLION IN DAMAGES

02 OCT 2022 An electrical failure caused a bulk carrier to lose of steering and crash into a barge near New Orleans last year, resulting in an estimated $6 million in damages, the National Transportation Safety Board said Thursday. The bulk carrier Jalma Topic was transiting upriver on the Lower Mississippi River …

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