transfer of American technology and intellectual property. U.S. President Donald Trump aims to put pressure on China to negotiate trade concessions after imposing tariffs on $34 billion in goods on July 6. The
latest list includes semiconductors from China, even though many of the basic chips in these products originate from the U.S., Taiwan or South Korea, reports Reuters.
making the accident the third maritime hit-and-run off Kochi in as many months. The fishing boat Oceanic departed Kerala and was stationary at a position about 23 nm off the coast. At 0330 hours, it was struck and flipped by
a large vessel. One of the survivors told police that the fishing boat was hit at the stern, and that he was the only one awake at the time of the collision.
near Branson, Missouri. 17 people died in the incident, including one crewmember. Local forecasts at the time included thunderstorm warnings, and winds of over 70 mph were encountered by a nearby vessel. The Stretch Duck
7 was carrying 31 people: 29 passengers and two crewmembers. The vessel sank in approximately 15 feet of water and came to rest on the lake floor at a depth of 70 feet.
Hegnar that the company acquired the vessel at a significantly reduced price. The vessel has been fixed to a major seismic contractor under a three-year contract and it will be retrofitted in Singapore before the commencement
of the contract.
and Saba Dulaj, recruited Albanian migrants in the north coast of France for voyages across the Channel. A Kent-based group, led by the Powell family – father Leonard and his sons George and Alfie – provided the transportion. The group charged up to $7,500
per person to travel across the world’s busiest shipping lane, at night, with inexperienced crews and no lights or radar, according to prosecutors.
the comments as it lowered its full-year outlook, a move the market had already priced into the shares. Freight rates have restored after a significant drop in Q2, and volumes are growing in line with market, Chief Executive
Officer Soren Skou said in the statement. We delivered good progress in Q2 on revenue, volumes and unit cost across our business, and results improved from a weak Q1.
OPEC member nation is still fulfilling less than 60 percent of its obligations under supply deals with customers. Venezuela has been pumping oil this year at the lowest rate in three decades after years of underinvestment
and a mass exodus of workers. The state-run firms collapse has left the country short of cash to fund its embattled socialist government and triggered an economic crisis.
collision occurred approximately 4 miles south east of Gibraltar. Both vessels suffered damage in the collision but no pollution or injuries were reported. The 2008-built ANL Wyong
is 260 meters in length and has deadweight of 52,000 tonnes. The LPG carrier, named King Arthur, was built in 2011 and is 103-meter and has deadweight of 5,300 tonnes.
for document verification. WayPoint was launched in late-2016 to provide the owners and operators of Liberianflag ships with secure, real-time, user-friendly access to their fleet details, as well as to facilitate International Convention certification applications.
It was upgraded last year to include a number of major improvements designed to help owners and operators.
ship suffered an engine room fire on August 5 while anchored near Chiba Prefecture, Japan, fully loaded as it was pending docking in Chiba. According to local reports, the fire has been extinguished and there is no danger
of it spreading to cargo tanks. There have been no injuries to the 25 crew members on board and no reports of environmental pollution.
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