for overseas investment. The joint venture, which is arranged by Taiwans Ministry of Transportation, plans to raise initial investment funds of $40m. The Taiwanese government expects
the new investment entity to play an important role in New Southbound Policy, an initiative of Taiwanese government to enhance cooperation and exchanges with countries in Southeast Asia, South Asia and Australasia.
the firm reports, the U.S. Department of State and the Department of the Treasury are working on three- to six-month waiver period plans that will give businesses time to wind down trade with Iran. This means that the sanctions regime will not be fully reinstated
until November 4, 180 days after President Trump’s announcement that the U.S. will withdraw from the JCPOA with Iran.
is reporting in its latest weekly report that charter rates for the much maligned classic panamax have risen by almost 200% from lows in late 2016 when rates sunk to as little as $4,000 to $4,200 per day. Alphaliner reports that charter rates in Asia for ships
in the 4,000 to 5,100 teu range are now commanding $13,000 a day. Rates are expected to strengthen further, sustained by the rising demand, Alphaliner stated.
secretary and general manager (people, systems and technology) for the Port of Auckland said she believed containerisation would decrease over the next few years. Edwards said that people were still thinking of 3D printing
in very traditional terms such as manufacturing spare parts for ships, but she sees a much its use spreading much wider as a disruptive technology once its adopted by consumers.
to plastic license plates, to William C. Leewenburg, a Marine Cargo Surveyor in Morehead City, North Carolina. Mr Leewenburg is now chasing companies to get them to stop using the mark…currently this is only about merchandise – but will ships be stopped
from using the marks? All in all a very strange patent decision indeed.
more and more orders in niche markets with prices below material costs. In Korea, the state-owned banks, which are now often the main owners of the yards after restructuring, are now also financing loss-making projects. In addition, the state has announced
despite overcapacity to want to order 200 large merchant ships. Japan is contemplating once again taking South Korea to the WTO over subsidies.
completion planned for 2024. It will increase Laem Chabang’s capacity by 3.5 million TEUs, and both quay and gantry cranes are remotely controlled. The cranes, three super post-Panamax quay cranes and eight electric rubber tired gantry cranes, were built by
Shanghai Zhenhua Heavy Industry (ZPMC).
to the incident. The Barbados-flagged Islay Trader grounded on the morning of October 8, 2017 near the seaside town of Margate in Kent after dragging anchor, the MAIB found.
26 cruise ships. The Carnival Cruise Line FOC is the first facility of its kind in South Florida and features a state-of-the-art tracking and data-analysis platform that enables real-time information sharing between Carnival
ships and specialized shoreside teams designed to support fleet operations. It has a 74-foot-long video wall composed of 57 LED screens.
2018 Training Practices Report. Other top challenges include a shortage of competent and dedicated training personnel as well as the procurement and availability of specific training courses. Looking
forward, rapid digitalization and technological advancement as well as a lack of qualified training personnel were placed ahead of financial constraints as the greatest training challenges.
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