07 DEC 2019 Satellite launch contractor SpaceX will soon be using its own private AIS aids to navigation (ATON) to mark the temporary exclusion areas it uses during rocket launches at Cape Canaveral, Florida. It is the first official Coast Guard approval for a “dynamic” restricted area. SpaceX’s operations at …
Read More »HOW FINANCE CAN HELP PROTECT THE WORLD’S OCEAN RESOURCES
06 DEC 2019 Can finance contribute to seafood sustainability? This is an increasingly relevant question given the projected growth of seafood demand and the magnitude of social and environmental issues associated with its production. Since the 1960s, aquaculture has been the world’s fastest-growing food sector. Rates of fish consumption have …
Read More »TEN TRENDS TO BRING HUMANITY “TECHNOLOGICAL BLISS”
05 DEC 2019 A new report from DNV GL has identified 10 technology trends, and their associated risks, that will shape industry and society in the coming decade. The rapid advancement of digitalization is behind many of the trends. The relationship between humans and technology is switching, with humans increasingly …
Read More »DEATH TOLL FROM LAMPEDUSA SINKING INCREASES TO 18
03 dec 2019 The death toll from a migrant boat sinking off Lampedusa last month has risen to 18 as divers recover additional bodies from the scene. On November 23, a migrant vessel with about 170 people on board went down about 1.5 nm off the island of Lampedusa, the …
Read More »IUMI: MAJOR LOSES ON THE RISE
02 dec 2019 The International Union of Marine Insurance (IUMI) has released its 2019 statistical report, IUMI Stats, noting that while the market seems to have bottomed out in 2019, major losses are beginning to return. There were nine major cargo vessel fires in 2019 which resulted in loss of …
Read More »TANZANIA PUSHES BACK ON CHINESE PORT PROJECT
01 DEC 2019 China’s Maritime Silk Road ambitions suffered a setback after Tanzanian officials refused to budge over stalled negotiations to build what would be the largest deep-water port in Africa. Initially agreed to in 2013, the terms of the agreement remain a point of contention between Tanzanian President John …
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