Greenpeace in the Minority, New Zealand Researcher says

 

A government-backed research authority in New Zealand said Greenpeace opposition to activity said to be centered on oil represents a minority viewpoint. Five activists from Greenpeace stormed the Tangoroa research…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
shipping
Capacity Cuts Fail to Reverse Sliding Freight Rates

 

THE drastic capacity cuts in the containership industry, which have resulted in the size of the idle global containership fleet hitting a five-year high with one million Twenty-foot Equivalent Unit…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
Rice Imports
Smugglers Flood Nigeria with Expired Rice

 

Smugglers seem to have taken over the Nigerian rice market, flooding it with substandard and expired brands. Hundreds of trailers have been crossing the porous borders unchallenged – a development…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
PC
Is the Security of the Suez Canal on a Knife Edge?

 

As evidence gathers that a terrorist bomb may have brought down MetroJet Flight 9268, the assertion by the Egyptian president that Islamic militancy in the Sinai Peninsula is under “full…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
IMO
Antigua and Barbuda Accedes to Multiple IMO Treaties as Indonesia Ratifies Environment Treaty

 

Antigua and Barbuda have deposited a number of IMO treaties, including the 2005 Protocols to the Convention for the Suppression of Unlawful Acts Against the safety of Maritime navigation (SUA…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
oil tanker
New Requirements for Stability Instruments on Tankers

 

The new requirement is retroactive and applies to both new and existing ships as follows: – Ships constructed on or after 1st January 2016(1) – at delivery. – Ships constructed…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
territorial water
BIMCO Launches Anti-Corruption Clause for Shipping Contracts Worldwide

 

BIMCO, the world’s largest international shipping organisation, has now launched an anti-corruption clause for charter parties. The new clause will give owners and charterers a contractual platform for cooperative action…
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November 25, 2015oluwasegun solomonNo CommentsUncategorized
SCS
Hague Court Begins Hearing into South China Sea Row

 

An international tribunal on Tuesday began hearing a case brought by the Philippines over disputed islands in the South China Sea, in an increasingly bitter row with China. The Permanent…
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November 24, 2015oluwasegun solomonNo CommentsUncategorized
panama
Wait Time for Vessels to Pass Panama Canal Shortened

 

The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the authority that runs the waterway said. “We…
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November 23, 2015oluwasegun solomonNo CommentsUncategorized
Product tanker
Fuel scarcity: Forex Frustrates Products Importation

 

The inability of marketers to access foreign exchange from banks is said to be frustrating the importation of petroleum products, especially, premium motor spirit, PMS, or petrol, which is in…
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November 23, 2015oluwasegun solomonNo CommentsUncategorized

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