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U.S. INTELLIGENCE REPORT SAYS COUNTRY FACES ‘INCREASINGLY FRAGILE WORLD ORDER’

15 MAR 2024 U.S. intelligence agencies said on Monday the country faces an “increasingly fragile world order,” strained by great power competition, transnational challenges and regional conflicts, in a report released as agency leaders testified in the U.S. Senate. “An ambitious but anxious China, a confrontational Russia, some regional powers, …

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IMF PORTWATCH: SUEZ CANAL TRADE CUT IN HALF

14 MAR 2024 Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent months. The Suez Canal, the primary maritime route between Asia and Europe, experienced a 50 percent year-over-year decrease in trade volume in the …

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GLOBAL TRADE STRUGGLING TO BOUNCE BACK FROM 2023 SLUMP, WTO SAYS

13 MAR 2024 Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive industry is softening, the World Trade Organization said. The WTO’s goods barometer was little changed at 100.6 compared with a late-November reading of 100.7, the Geneva-based organization said …

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MARITIME SECURITY SECTOR NEEDS TO FOCUS ON FUNDAMENTALS, NOT TECH

12 MAR 2024  What good is the world’s most advanced “dark targeting” platform to uncover previously untraceable vessels if the local navy, coast guard, or marine police cannot stop the crime? Instead of being wooed by “game-changing” technologies, maritime security professionals should focus on ensuring their organizations can perform critical …

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RUSSIAN NAVY’S COMMANDER-IN-CHIEF HAS BEEN REMOVED AND REPLACED

11 MAR 2024  Russian state media has confirmed the dismissal of the Russian Navy’s top officer, Adm. Nikolai Evmenov. He has been removed and replaced by the commander of the Northern Fleet, Adm. Aleksandr Moiseev. Evmenov began his career in the Russian Navy’s nuclear-submarine community, and he came up through …

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IRAN AND PHILIPPINES AGREE TO SWAP CREW ON SEIZED OIL TANKER ST NIKOLAS

10 MAR 2024  Iran has agreed to release the crew aboard the tanker St Nikolas that it seized in January 2024 in a retaliatory move after the U.S. seized a crude oil cargo from the ship in 2023. According to the Philippine Department of Foreign Affairs, an agreement was reached that will …

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AN EL NIÑO SOME 80 YEARS AGO SPARKED THE RETREAT OF ANTARCTICA’S ‘DOOMSDAY GLACIER’

09 MAR 2024 Substantial ice loss has been observed in the Antarctic region since the 1970s, but a new study suggests for at least some significant regions it actually started as far back as the 1940s, and perhaps even earlier. A research team led by the University of Houston collected sedimentary rock …

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SUPER FUEL STORAGE SOLUTION FOR METHANOL REACHES THE MAINSTREAM

08 MAR 2024  Methanol overtook its rivals as shipping’s preferred decarbonization route for new ships ordered in 2023, but a ‘Methanol Superstorage’ solution means that the fuel type can be integrated into retrofits and newbuilds alike, says Alex Vainokivi, Innovation Manager SRC Group. DNV and Clarksons’ World Fleet Register show …

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OCEAN PLASTIC COULD SPREAD HUMAN DISEASES

07 MAR 2024 Images of paradise beaches buried under bottles and ocean animals swimming past carrier bags are the all-too-familiar evidence of how humanity’s addiction to plastic has polluted the marine world. But a less visible problem with plastic is increasingly capturing scientists’ attention: the microbes that have colonized the …

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MARAD RELEASES FIVE-YEAR STRATEGIC PLAN FOCUSED ON MARINER RECRUITMENT

06 MAR 2024  The U.S. Department of Transportation’s Maritime Administration (MARAD) released its Mariner Workforce Strategic Plan for fiscal years 2023–2027 on February 26. This strategic plan outlines six key goals to grow our Nation’s mariner workforce through recruitment, training, and retention for the next five years. The plan also …

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