28 JUL 2020 The U.S. military will help Japan monitor “unprecedented” Chinese incursions around East China Sea islands controlled by Tokyo but claimed by Beijing as Chinese boats prepare to begin fishing in nearby waters, the commander of U.S. Forces Japan said on Wednesday. “The United States is 100 percent …
Read More »DP WORLD SAYS OUTLOOK UNCERTAIN AS VOLUMES FALL
27 JUL 2020 Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook remained uncertain. The coronavirus pandemic shut cities and factories worldwide for months, disrupting shipments and global supply chains, while some cities are now reintroducing curbs after a …
Read More »GOLDEN RAY SALVAGE SUSPENDED DUE TO COVID-19, HURRICANE SEASON
26 JUL 2020 The Unified Command overseeing the wreck removal of the Golden Ray in St. Simons Sound has announced that work will be suspended due to combined impacts of hurricane season and the COVID-19 pandemic. The momentary pause will delay the cutting and lifting operations of the vessel until …
Read More »CREW KIDNAPPINGS SURGE IN GULF OF GUINEA, IMB SAYS
15 JULY 2020 The Gulf of Guinea off West Africa is increasingly dangerous for commercial shipping, accounting for just over 90% of maritime kidnappings worldwide. Meanwhile ship hijackings are at their lowest since 1993, the IMB said. In total, IMB’s Piracy Reporting Centre recorded 98 incidents of piracy and armed …
Read More »THE SOUTH ATLANTIC ANOMALY MAY GO BACK FAR LONGER THAN ANYBODY KNEW
24 JULY 2020 For years, scientists have been gripped by the existence of a strange anomaly weakening Earth’s magnetic field. It’s located in the midst of the South Atlantic ocean, extending all the way from South America to the west coast of southern Africa. This giant, puzzling expanse of reduced magnetic intensity …
Read More »CHINA REPORTS RECOVERY IN SHIPBUILDING VOLUMES IN ONGOING COMPETITION
23 JULY 2020 Despite reporting steep declines in the most recent quarter, Chinese shipbuilding is showing signs of recovery, possibly with the aid of the Chinese government, as the shipbuilding industry continues its competition with Korean shipbuilding. For the first six months of 2020, China reported a nearly 11 percent …
Read More »WORLD’S BIGGEST CRANE SHIP SETS ANOTHER RECORD
22 JULY 2020 The superlarge crane ship Sleipnir has set another record: the largest single-lift jacket removal. Last week, Sleipnir successfully lifted and removed the 8,100 tonne jacket for the Jotun-B platform in the Norwegian North Sea. The platform was installed in 1998 by the Heerema crane ship Thialf, which returned to the Jotun field …
Read More »BP EX-MANAGER GUILTY IN $4 MILLION SINGAPORE BRIBERY SCHEME
21 JULY 2020 A former manager working at the BP oil company operations in Singapore along with his co-conspirator a local Singapore businessman have both been found guilty in a bribery scheme involving nearly $4 million in payments. According to Singapore prosecutors in the case that lasted nearly two years, …
Read More »NORWAY INVESTS $2.4B IN CO2 CAPTURE AND SUBSEA STORAGE PROJECT
20 JULY 2020 Norway has received permission from the European Free Trade Association (EFTA) to proceed with a $2.4 billion investment in two large-scale carbon capture facilities, along with the infrastructure needed to transport and store the CO2 in subsea reservoirs. It is the largest single state aid award ever …
Read More »NINE JAPANESE COMPANIES RESEARCH SHIP CARBON RECYCLING
18 JULY 2020 Nine Japanese companies have started the Ship Carbon Recycling Working Group as part of Japan’s Carbon Capture & Reuse (CCR) Study Group. The Working Group aims to explore the feasibility of the concept of utilizing methanation technology for zero-emission ship fuels. Carbon recycling, a method used to …
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