By Alex Lennane (The Loadstar) - Shipping lines from each of the alliances have formed an association in a bid to develop “digitalisation, standardisation and interoperability”. The move follows last week’s announcement of a joint blockchain platform comprising the Ocean Alliance and Yang Ming from THE Alliance, which triggered questions as to how the industry would … [Read more...]
First Ever Manila Statement Issued on Fair Treatment of Seafarers
A meeting was held on 13 November in Manila, between senior government representatives from Asia’s leading maritime nations regarding the treatment of seafarers. Also present at the meeting was a large cross section of the Asian and international shipping community, from ship owners and casualty investigators, to prosecutors and auditors, as well as the seafarers … [Read more...]
China Leads Countries Plumbing the Ocean Depths for Metallic Rocks
By Barbara Lewis LONDON, Nov 14 (Reuters) - China, the leading holder of international deep sea exploration licences, has increased its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific. The cobalt-rich crusts could one day curb the world's dependence on cobalt from Democratic Republic of Congo, … [Read more...]
U.S. Navy Salvage Team Completes Oil Removal from Former German Cruiser Prinz Eugen
A U.S. Navy-led salvage team has successfully removed 229,000 gallons of oil from the sunken World War II vessel ex-Prinz Eugen located in the Kwajalein Atoll in the Marshall Islands. The project, led by the Navy's Supervisor of Salvage and Diving (SUPSALV), which is part of the Naval Sea Systems Command, and sponsored by the U.S. Army Space and Missile Defense Command /Army … [Read more...]
Cheniere Bets $15 Billion on World Gas Demand Despite Tariff
By Naureen S. Malik (Bloomberg) -- Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an 180-foot-high tank in Corpus Christi, Texas. It’s big enough, he proudly points out, to hold a jumbo jet placed diagonally. Aziz is supervising more than 100 workers who form a kind of SWAT team for Cheniere Energy Inc. They’re … [Read more...]