By Jonathan Saul LONDON, Feb 20 (Reuters) – China is struggling to resume normal trade operations as fallout from the coronavirus outbreak hits container shipping lines and logistics chains, with goods stuck and costs mounting, industry officials say. The epidemic has upended global supply chains and caused widespread disruption to businesses and factory activity in China, prompting […]
Breaking News
American Ship Pilots Sound Alarm on Unsafe ‘Trapdoor’ Arrangement
The American Pilots’ Association has sent a letter to state pilotage authorities across the United States on behalf of approximately 1,200 American ship pilots to improve safety pilot safety following the death of a New York pilot in December. The letter comes after Captain Dennis Sherwood of the Sandy Hook Pilots Association was killed in […]
Captain Livingstone: All Person Errors
By Captain George Livingstone – There has been a lot of work in the last few decades directed toward accident prevention in marine transportation. We know most accidents are caused by human error, importantly, a series of errors. The much talked about error chain comes to mind, and eliminating single person errors. The theory is that reducing […]
The Impact of U.S. Sanctions on Oil Market and Rosneft
By Gleb Gorodyankin and Polina Devitt MOSCOW/LONDON, Feb 19 (Reuters) – The United States on Tuesday ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major Rosneft that Washington said provides a financial lifeline to President Nicolas Maduro’s government. The U.S. sanctions threaten Venezuela’s ability to export oil but pose only […]
Shift to Cleaner Power Sparks Landmark Green Bond in Japan
By Ayai Tomisawa and Rie Morita (Bloomberg) — In Japan’s gusty northeast, a power company is looking to fund offshore wind projects with a landmark sale of green bonds that seeks to muscle in on the growing pool of money available for environmentally friendly investments. Tohoku Electric Power Co. plans to price what would be the […]
