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Large-scale bathymetry operation took place in North Atlantic Ocean

Fugro informed that it contributed over 110,000 square kilometres of high-resolution bathymetry data in the North Atlantic Ocean, in order to help improve the quality and coverage of seabed mapping in the region. The dataset was delivered to two additional programs: the Atlantic Ocean Research Alliance (AORA) and The Nippon Foundation-GEBCO Seabed 2030 Project (Seabed 2030).

WISTA MED 2019 to discuss shipping in the Mediterranean

Key players from the Greek and international shipping community will come together for the WISTA MED 2019 Conference at the Costa Navarino Hotel in Pylos. The Conference will take place from 23 to 25 May. The theme of the conference will be ‘Turbulence or fair winds in the Med’, and it will be discussed and analyzed by four panels of industry experts.

Hong Kong joins arrangement for aid of arbitrations

Steampship Mutual’s Rohan Bray, Director Eastern Syndicate, Hong Kong Office, reports that the Hong Kong Government and Supreme People’s Court of the People’s Republic of China signed up to an arrangement which will mean each can make and enforce orders in aid of arbitrations conducted in the other jurisdiction.

Trade weakness continues into second quarter, WTO reports

World trade growth is possible to remain weak into the second quarter of 2019, according to the WTO’s latest World Trade Outlook Indicator, released on 20 May. The new WTOI reading is 96.3, exactly as it was in the previous release in February 2019, maintaining the weakest level since 2010. The latest WTOI is still well below the baseline value of 100 for the index.

USS Lincoln carried out combat training to send a message to Iran

As tensions between the US and Iran continue to rise, a US Navy carrier strike group and amphibious ready group exercised together in the Arabian Sea over the weekend in a somewhat rare training event. According to the US Navy, this joint exercise comes amid ‘credible threat indicators’ from Iran.

China: No deal has been agreed with the US

China’s Foreign Ministry Spokesperson Lu Kang has declined claims by US President Donald Trump that the two countries had made a deal to stop the trade war. During a Press Conference, Lu Kang mentioned that he is not aware of the deal that the US is talking about. He added that the underlying reason that the 11 rounds of consultations have not managed to conclude on an agreement is that the US attempts to achieve unreasonable demands.

HMM unveils new Corporate Identity

South Korean shipping company Hyundai Merchant Marine (HMM) announced today the launch of its new Corporate Identity, in a bid to reflect its vision and ambition for the future, according to HMM CEO Jae-hoon Bae.

Russia to pay Greenpeace $3 million over ship seizure in 2013

Russia will pay Greenpeace 2.7 million euros ($3 million), according to a settlement reached between the Dutch state and Moscow. This settlement marks the end on years of legal battles after the seizure by Russia of a Dutch-flagged Greenpeace vessel, the Arctic Sunrise, in 2013 and the arrest of 30 people onboard.

UK Ship Register to expand, more shipowners under the UK flag

The UK Chamber applauds UK Ship Register’s (UKSR) changes, according to which owners from a broader group of countries will be able to register their vessels in the UK. UKSR announced its decision on expanding its ownership eligibility, enabling more shipping companies from around the globe to flag to the UK.

China’s imports of solid waste reduce in January-April

China’s imports of solid waste are continuing to decline in the first four months of 2019, as the country made the enforcement of a ban on solid waste imports tighter. In fact, during last month solid waste imports were less by 1.38 million tonnes compared to March. Imports of plastic, paper and metal waste amounted to a total of 4.74 million tonnes from January to April period.

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