A new video of the TS Taipei shipwreck shows the extent of the disaster that is unfolding in northern Taiwan as the vessel continues to break up and spill fuel and containers into the sea.
The ship ran aground March 10 and has been slowly breaking apart, with fears that both ends could capsize at any moment.
The Taiwanese government has been criticized for its slow response to the incident. In a statement March 26, the Environmental Protection Agency blamed heavy weather for hampering salvage and oil pumping operations.
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By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between...
The US and China have agreed to suspend tit-for-tat shipping levies on vessels linked to the other for one year, according to Beijing, deescalating a dispute that has become a sticking point in their wider trade war.
U.S. President Donald Trump kicked off a meeting with China's leader Xi Jinping at a South Korean air base on Thursday optimistic about striking a trade-war truce between the world's two largest economies.
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