31 DEC 2020 The Covid-19 pandemic still rages unabated in April 2020, affecting lives, businesses, individuals and industries in ways that will change the world forever. The International Labor Organization predicts that as many as 25 million jobs worldwide could be wiped out by a worldwide recession brought about by …
Read More »WORLD’S LARGEST ICEBERG BREAKS APART MENACING SOUTHERN OCEAN
27 DEC 2020 Britain’s Royal Air Force released new images of the world’s largest iceberg reporting significant changes confirmed by the British Forces South Atlantic Islands (BFSAI) during its routine patrols of the region. Using an RAF Airbus 400M the crew was able to investigate and photograph changes to the …
Read More »MERCHANT SHIP HIT BY NAVAL MINE IN SOUTHERN RED SEA
26 DEC 2020 A merchant vessel has been hit by a sea mine in the southern Red Sea, Saudi state-owned outlet Al-Ekhbariya reported on Friday. The outlet attributed the report to the Saudi-led coalition fighting Houthi rebel forces in Yemen, and asserted that the mine was deployed by Houthi militias. …
Read More »GROSS DROPLET TEST SHOWS MASKS ARE HIGHLY EFFECTIVE AT LIMITING YOUR FLYING SPIT
01 JAN 2021 Getting coughed on has never been a pleasant experience, but 2020 has made it a whole new level of nope. Even with vaccines being rolled out, our main lines of defence against COVID-19 are still physical, with distancing from each other and wearing a mask being chief amongst them. …
Read More »NEW CORONAVIRUS MUTATION, WILL IT AFFECT THE VACCINE? HERE’S WHAT YOU NEED TO KNOW
31 DEC 2020 The emergence of a new variant of coronavirus has sparked renewed interest in the part of the virus known as the spike protein. The new variant carries several peculiar changes to the spike protein when compared to other closely related variants – and that’s one of the reasons why …
Read More »INFLUENCING SHIPPING INDUSTRY’S CLIMATE PERFORMANCE BY SCORING LENDERS
30 DEC 2020 In a first-of-its-kind climate report, 15 of the major lenders financing the shipping industry disclosed the climate alignment score of their ship finance portfolios. Released in The Poseidon Principles Annual Disclosure Report 2020, the climate assessment offers banks insight into their lending decisions, compares performance with competing …
Read More »$80M IN ABANDONED COCAINE WASHES UP IN MARSHALL ISLANDS
29 DEC 2020 Police in the Marshall Islands have confiscated over 1,400 pounds of cocaine that came ashore in an abandoned boat on a remote atoll. With a value of $80 million, it is the largest drug bust in the island nation’s history. Last week, a small fiberglass boat washed …
Read More »A SHRINKING PIE, SALVORS FACE FEWER OPPORTUNITIES AND MOUNTING CHALLENGES.
23 DEC 2020 The world of marine salvage is changing quickly on multiple fronts. Ships and projects keep getting bigger, but there aren’t as many casualties. There are fewer well-established companies, but there’s a powerful newcomer. Last but not least, the COVID-19 pandemic has added a layer of complexity not …
Read More »SOLVING THE CREW CHANGE CHALLENGE
28 DEC 2020 Seafarers are invisible victims of COVID-19. Thanks to local restrictions and logistical challenges, hundreds of thousands have been stranded at sea – marooned on vessels for, in some cases, months beyond agreed contracts. Here Inchcape Shipping Services explains how it combines a physical network with virtual transparency …
Read More »BRITAIN, EU TELL EACH OTHER TO GIVE WAY IN TRADE TALKS
27 DEC 2020 Britain insisted on Sunday that the European Union should budge to open the way to a new, post-Brexit trade pact, drawing a swift response from the bloc’s negotiator defending the union’s right to protect its interests. With less than two weeks before Britain leaves the EU’s orbit, …
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