Granting of AIP follows two joint development projects between ABS and DSME, the latest to develop SOFC technology to replace at least one of three diesel generators typically on-board a Very Large Crude Carrier (VLCC).
Geneva - Qatar has suspended a trade dispute with the United Arab Emirates at the World Trade Organization, a document showed on Tuesday, after tensions between Doha and its Gulf neighbours eased. Doha launched its case with the WTO in 2017 over trade in goods, services and intellectual property after the UAE and other Arab states in the Gulf and beyond cut diplomatic and business ties with Qatar as part of a political dispute
Brussels - The European Commission is working on a vaccine certificate, dubbed 'Vaxproof', that could help restore cross-border travel, EU officials said, but the plan is dividing EU nations. The issue has been discussed for months but has led to no compromise because of fears over vaccine hesitancy and privacy. The EU executive Commission is working on a system for mutual recognition in all 27 EU countries of a certificate proving the holder has been vaccinated
Frankfurt - Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said. The damage, tallied by the German reinsurer Munich Re, increased from $166 billion in the previous year, and comes as a warming planet heightens risks
Moscow - Russia, one of the world's largest wheat exporters, plans to impose a higher export tax on wheat from March 1, its economy minister said on Friday, in another push to curb a rise in domestic food prices triggered by the COVID-19 crisis. Wheat prices in Chicago and Paris jumped after the proposal, which the Russian government has yet to sign
One example is the use of Smart glasses for remote inspection, which increase yard efficiency while improving workforce safety throughout the inspection process especially during the COVID-19 pandemic
"Emergency services remain on site to monitor the area. Ship operations in Ringaskiddy (Deepwater Berth) have been suspended," the port authority said on Twitter.
Asian spot prices for liquefied natural gas (LNG) jumped nearly 50% this week to a record high, based on available data going back to 2009, as logistical issues disrupt supply to the world’s top consuming region
The German state of Mecklenburg-Vorpommern plans to set up a foundation to help the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany
Libya - The Central Bank of Libya on Sunday introduced a new unified exchange rate agreed last month after years of division between rival branches based on opposing sides of the front line. As part of the change, the internationally recognised Government of National Accord (GNA) in Tripoli suspended a fee on foreign currency transactions that it introduced two years ago to bring the official rate closer to the black market rate
By ASLA - Associazione degli Studi Legali Associati
Rijeka - Croatia's Rijeka port will restart the procedure for selecting a concessionaire to develop and run the Zagreb Deep Sea container terminal. The board of directors of the Rijeka port has decided to cancel the current selection process and launch a new tender. In September, Luka Rijeka extended the procedure for selecting a concessionaire for the terminal until the end of the year due to the coronavirus pandemic
Taipei - Strong winds and rough seas caused dozens of containers on a Taiwan-based Evergreen Marine Corp. vessel to fall into the ocean off Japan's Kyushu on Wednesday after the ship departed from Busan for Los Angeles, the shipping company said Saturday. In a statement, Evergreen Marine, the largest shipper in Taiwan, said the incident happened when the "Ever Liberal" encountered strong winds about 20 nautical miles
London - 25% of ports have an increased share of empty container handlings due to the Covid crisis, reports an International Association of Ports and Harbours (IAPH) survey. The report had a 46.2% response from Europe, a 15.5% from Central and South America, 9.2% from North America, 18.4% from North Asia, South East Asia, and Australia, 9.2% from Africa, and 1.5% from Middle East-Central Asia
Milan - France has offered Italian shipbuilder Fincantieri’s a one-month extension to its planned acquisition of French rival Chantiers de l’Atlantique, the finance ministry said in a statement on Wednesday
Trieste - The first U.S. flagged Great Lakes bulk carrier to be built on the Great Lakes in nearly four decades marked a key point in its construction with its recent float out from the graving dock. Being built for The Interlake Steamship Company at the Fincantieri Bay Shipbuilding yard in Wisconsin, the vessel which is named the Mark W. Barker is the first Great Lakes bulk carrier built domestically since 1983
Dubai - Iranian Foreign Minister Mohammad Javad Zarif urged U.S. President Donald Trump on Saturday not to be "trapped" by an alleged Israeli plan to provoke a war through attacks on U.S. forces in Iraq
Istanbul - A car bomb targeting workers of a Turkish company killed four people including one Turkish citizen on Saturday in Somalia, Turkey's Foreign Ministry said. The company's staff were working on the construction of a road between Mogadishu and Afgoye, northwest of the capital, the ministry statement said. Abdiasis Abu Musab, military operation spokesman for the al Qaeda-linked al Shabaab, said the group was behind the attack
The Philippines previously imposed and later extended a flight ban from Britain until mid-January as the more contagious variant of the COVID-19 virus was first detected in England
"The army is here to help. We will have to move some people from Petrinja because it is unsafe to be here," Plenkovic said. N1 news channel quoted a Petrinja town official as saying that a 12-year old child had been killed. It showed footage of rescuers in Petrinja pulling a man and a child from the debris
Hattab said the increased capacity would be after 2023 and that the plan includes building 24 storage tanks
Relief for seafarers onboard vessel stuck off coast of China is long overdue. MSC has requested crew change since mid-2020, but no implementation so far. MSC urges governments to take a close interest and encourages all parties to find a solution urgently.
U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships that generate lower emissions, an executive said, the latest sign of efforts in the shipping industry to go green
Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers
"My colleagues and I, including the older ones, will be getting ourselves vaccinated early. This is to show you, especially seniors like me, that we believe the vaccines are safe," Lee said in a national broadcast
"BW Rhine has been hit from an external source whilst discharging at Jeddah, Saudi Arabia at approximately 00:40 local time on 14 December 2020, causing an explosion and subsequent fire onboard," Hafnia said in a statement on its website.
Bahrain's Ministry of Health said in a statement and on its Instagram account that citizens and residents above 18 years of age could register online to receive the vaccine for free
Salvador Illa said a vaccination programme will start in January and by the end of the summer more than two thirds of the population of 47 million should be vaccinated.