16 MAR 2020 Jotun and Kongsberg Maritime have jointly developed a robotic hull cleaning device called the HullSkater, designed to be carried with the vessel and deployed regularly to remove early-stage fouling. The HullSkater removes bacteria and biofilm from the hull before macro-fouling like weeds and barnacles can take hold. …
Read More »GLOBAL RECESSION RISK SPIKES AS WORLD POWERS DOWN, MARKETS SLUMP
20 MAR 2020 A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and financial markets slump. In just the past day or so, President Donald Trump curbed travel to the U.S. from Europe, Italy’s government ordered almost every shop …
Read More »EXPLOSIVE GROWTH IN CHINESE TRADE EXPECTED AFTER CORONAVIRUS
19 MAR 2020 An editorial appearing in China Daily states that after the Coronavirus epidemic is curbed, the consumption that has been constrained will be rapidly released, and there will be explosive growth in imports and exports. Liu Ying, a researcher at Chongyang Institute for Financial Studies, Renmin University of …
Read More »BAWAT’S BALLAST WATER SYSTEM AWARDED U.S. COAST GUARD TYPE APPROVAL
18 MAR 2020 One of the easiest to use and most cost-effective ballast water treatment systems has been awarded Type Approval by the U.S. Coast Guard. The system, from Danish company Bawat, is the only treatment system available to shipowners that relies on heat pasteurization to kill off potentially dangerous …
Read More »THE BELT AND REBRANDING INITIATIVE
17 MAR 2020 China’s Belt and Road initiative (BRI) continues to defy simple explanations. Initially used as a means to promote and frame the country’s key foreign policy initiatives, it has now morphed into somewhat of an umbrella term for all sorts of Chinese overseas activities. Is this development evidence …
Read More »SIPRI: SAUDI ARABIA IS WORLD’S LARGEST ARMS IMPORTER
16 MAR 2020 International transfers of major arms during the five-year period 2015–19 increased by 5.5 percent compared with 2010–14, according to new data from the Stockholm International Peace Research Institute (SIPRI). The largest exporters of arms during the past five years were the U.S., Russia, France, Germany and China, …
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