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...But a treaty signed last year by governments around the world to establish marine protected areas in the high seas meant “people are going to start wondering what’s happening out there”, he said....
...The push to tweak the IMO rules was “greenwashing at the highest level”, argued Faig Abbasov, shipping campaigner at climate lobby group Transport & Environment....
...A study released last year also noted prospective deposits in the US exclusive economic zone near California, Alaska, Hawaii and off its south-eastern coast....
...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
...But given the military risks, affordable insurance would be essential to reviving commercial shipping activity at any significant scale....
...Two marine experts said this would require the owners to show they did not have any previous knowledge of problems with the ship....
...rates,” said Emily Stausbøll, market analyst at Xeneta, a shipping data firm....
...“If the Houthis say they would no longer attack shipping, I think a lot of shipping lines will resume the transit through the Gulf of Aden and the Red Sea,” Larsen said....
...The responsibility for keeping the trade artery open between east and west no longer lies with commercial shipping companies....
...One shipping executive — John Wobensmith, chief executive of New York-based dry bulk company Genco Shipping — said he had not had any push back from charterers on diverting his vessels....
...Another key finding was that untracked fishing vessels routinely entered marine protected areas, with an average of five operating in the Galápagos Marine Reserve and 20 in the Great Barrier Reef each week...
...Vessel-tracking site Marine Traffic showed that the Abdullah, the only Bangladesh-flagged vessel in the area, had changed course abruptly towards the coast of Somalia....
...In theory, the area is subject to a mix of regulatory codes and bodies overseeing fishing, shipping and mining....
...Denmark has long provided specialists in marine navigation who are familiar with the narrow channels, sandbars and strong currents of the Danish Straits to any large vessel carrying oil or other dangerous...
...“Marine heatwaves have happened before but they would have been isolated at the west coast of Australia, Alaska or the Mediterranean....
...Port of Baltimore for the time being,” the shipping line said....
...The International Union of Marine Insurance said in September that although fires caused by these vehicles were not more common or intense than those caused by traditional cars, new firefighting techniques...
...Amalie Grevsen, Maersk’s recently recruited head of marine culture, said the company continued to receive complaints from workers but is also seeking to tackle the issue....
...Here’s how CreditSights analysts describe their understanding of the manufacturing process: While Spirit AeroSystems installs the door plug into the fuselage before shipping 737 MAX 9s to Boeing, we believe...
...However, marine websites showed aspects of the management of the ship were undertaken by GMZ Ship Management, based in Beirut....
...Last year Danish group AP Møller-Maersk said the $987mn acquisition of its refrigerated container business by state-owned China International Marine Containers (CIMC) had been scrapped....
...The attack seems likely to have been a result of the ship’s previous ownership by Oaktree, one of the US private equity firms that is most active in shipping investment....
...Maersk’s decision coincides with similar moves by other shipping groups....
...Maritime tension is just one of several problems facing the global shipping industry....
...For decades, America’s navy has patrolled the world’s shipping lanes to deter maritime marauders, a job deserving great credit....
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