By Bloomberg News (Bloomberg) -- Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy play in the playground, with breaks for meals and his afternoon nap and perhaps a little TV in the evening. That’s not unusual for a Chinese retiree, many of whom play an instrumental role in raising grandkids, but Liu, 57, is … [Read more...]
Are Ships The Careless Giants Of The Sea?
By Captain Grant Livingstone It was late summer 36 years ago on a beautiful calm evening in the Bay of Bengal off the southern coast of India. We had just departed Tuticorin bound east then south for Cochin. Tuticorin being an ancient port city dating back to the 6th century AD known for its pearl diving and rich fishing grounds. I was a brand new Jr Thrid … [Read more...]
Maritime Monday for May 15th, 2017
Clarence "Frogman" Henry (born March 19, 1937), is an American rhythm and blues singer and pianist, best known for his 1956 hit "Ain't Got No Home". Listen to some of his music here. Clarence Henry was born in New Orleans in 1937, moving to the Algiers neighborhood in 1948. He started learning piano as a child, with Fats Domino and Professor Longhair being his main … [Read more...]
Canada Introduces Law to Ban Tankers Off North British Columbia
May 12 (Reuters) - Canada's Liberal government has introduced legislation for a moratorium on oil tanker traffic along the northern coast of the British Columbia province, the country's transport department said on Friday, delivering on an election promise. Canadian Prime Minister Justin Trudeau ordered the ban soon after the election in 2015, in which he took power on a … [Read more...]
Costa Concordia Captain Heads to Prison as Italy Upholds Conviction
By Crispian Balmer ROME, May 12 (Reuters) - The former captain of the Costa Concordia cruise liner was sentenced to 16 years in prison on Friday by Italy's highest court for his role in the 2012 shipwreck, which killed 32 people off the Tuscan holiday island of Giglio. Francesco Schettino was originally found guilty in 2015 of manslaughter, causing a shipwreck and … [Read more...]
Hapag-Lloyd Sees Higher Earnings in Full Year 2017
FRANKFURT, May 12 (Reuters) - German container shipping firm Hapag-Lloyd on Friday said it should achieve higher earnings this year, based on expectations for a moderate increase in freight rates and cost savings. "The outlook is fairly positive," Chief Executive Rolf Habben Jansen said in a video interview on the company's website. "Supply and demand are getting closer … [Read more...]
Trump’s Misguided Plan for Arctic Drilling -Opinion
By Shelley Goldberg (Bloomberg Prophets) -- President Donald Trump is pressing for offshore drilling in the Arctic Sea. In April, he signed an executive order directing Secretary of the Interior Ryan Zinke to rethink and advocate a rollback of an Obama administration rule from December 2016 and to reconsider multiple drilling safety regulations. The Obama rule put large swaths … [Read more...]