China’s Beidou Navigation Satellite System had its performance standard ratified by the International Maritime Organization, the official Xinhua News Agency said today, citing the country’s transport ministry.
There’s so much cheap iron ore flooding into China that rates for the ships that carry it are forecast to jump almost 70 percent by June, even as the world’s second-biggest economy grows at the slowest rate in 24 years.
The sinking of the Sewol ferry off South Korea raises new concerns about ship safety more than two years after the capsizing of the Costa Concordia ocean liner spurred a global campaign to improve passenger security.
Seventeen-year-old Aguna Xavier breaks down in tears when she talks about her dead older brother. He was shot in February after Italian marines protecting a commercial tanker allegedly mistook him for a pirate off the coast of India, where he fished to earn a living.
Liquefied natural gas will become the dominant fuel source for all merchant ships within 40 years as environmental pressures force owners to use cleaner burning fuel, the world’s fourth-largest vessel classifier said.