Green Hydrogen Hype Fades as High Costs Force Projects to Retreat
(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the...
The boat sank in the morning, north of the islands, which China calls the Diaoyus and Japan the Senkakus, the official Xinhua news agency said, citing naval sources.
The dispute over the Japanese-held islets, where Chinese and Japanese ships regularly engage in a cat-and-mouse game, has raised fears of a clash between Asia’s biggest powers that could even drag in the United States.
The People’s Daily, the official newspaper of China’s ruling Communist Party, said on its microblog that the trawler Minxiayu 01003 had taken on water while it was fishing and sunk.
A nearby Chinese naval ship went to the scene and rescued five sailors while another navy ship is helping to look for five who are still missing, it added.
Japan’s Coast Guard said it had sent an aircraft and a patrol boat to the area, about 120 km (75 miles) to the north of the uninhabited islands, which it said were in international waters.
China’s proclamation last November of an air defense zone covering large parts of the East China Sea has raised concerns that a minor incident could quickly escalate.
China also claims almost the entire South China Sea, rejecting rival claims to parts from Vietnam, the Philippines, Taiwan, Malaysia and Brunei in one of Asia’s most intractable disputes and another possible flashpoint. (Reporting by Ben Blanchard; Additional reporting by Kiyoshi Takenaka in TOKYO; Editing by Nick Macfie and Clarence Fernandez)
© 2014 Thomson Reuters. All rights reserved
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,941 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 110,941 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up