A cargo ship lies on its side after running aground on rocks off Cheung Chau island in Hong Kong February 21, 2014. All seventeen crew were rescued from the 90-metre Vietnamese-registered vessel, which was carrying cement from Nansha to Indonesia.
The Marine Department said a floating barrier has been set up to contain an oil spill, government radio reported on Friday.
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(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest economies three months to work toward a broader agreement.
Finland’s premier icebreaker designer, Aker Arctic, has been awarded a contract to develop a new state-of-the-art mid-size icebreaker. The effort is part of a major fleet renewal program to ready Finland's icebreaking fleet for the changing requirements in the Baltic Sea. The country is also part of the ICE Pact with Finnish yards looking to construct icebreakers for Canada and the U.S.
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