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Why the Beaching Method of Ship Recycling Should Not Be Criticized

Over the last decade, far reaching agenda driven institutions have published numerous articles, cover stories and quarterly reports highlighting how the beaching method of ship recycling in South Asian yards results in “dirty, toxic and dangerous scrapping” with “dire working and living conditions for workers”. There is vehement opposition for the beaching of ships for …

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HFW Research: London Has Over 80% Share Of Global Maritime Arbitration Market

Research by global, sector-focused law firm HFW has found that London continues to dominate the market for international maritime arbitration, accounting for more than 80 percent of all cases globally. London handled 1,737 maritime arbitrations in 2019 – up 14% on the previous year – which equates to around 83% of all international maritime arbitrations …

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Clarkson PLC (Clarksons Interim Results)

Interim results Clarkson PLC today announces unaudited interim results for the six months ended30 June2020.Summary•Robust first half performance •Particularly strong trading in the Broking division •Underlying profit before taxation of £21.1m (2019: £20.1m)•Underlying earnings per share of 51.4p (2019: 48.5p)•Robust balance sheet, with £88.8m of free cash resources1(31 December 2019: £68.7m) •Board has decided to …

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IMO sets remote meeting plan for September-December 2020

IMO has issued the calendar of meetings for September-December 2020, setting dates for remote sessions of the IMO Council and Committees. The first scheduled meeting is set to be a simultaneous, remote extraordinary sessions of all Committees (expected to be held 16-18 September), to address procedural matters. This follows decisions of the IMO Council’s thirty‑second …

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COVID-19 crisis and changes to cargo delivery procedures

In the context of the current COVID-19 crisis, Customs recently issued Resolution 1179/20, which implements transitory modes for the treatment of various customs procedures and the ways of presenting documents associated therewith to facilitate foreign trade transactions. Among these transitory measures, Customs has authorised electronic exchanges and amendments to bills of lading. However, customs agents …

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New revised People’s Republic of China (PRC) Law on the Prevention and Control of Environmental Pollution by Solid Wastes – effective 1 September 2020

Executive summary The current PRC Law on the Prevention and Control of Environmental Pollution by Solid Wastes (previously revised in 2015) prohibits the import, dumping and disposal of both solid wastes, unless subject to a specific import license, and hazardous wastes. Those solid and hazardous waste products that are currently prohibited from import and those …

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Mauritius declares ‘state of environmental emergency’ as damaged bulker could break in two

Mauritius’ Prime Minister, Pravind Jugnauth, has declared a “state of environmental emergency” after Wakashio, a Japanese bulker that ran aground off the coast of the island nation, began spilling oil. Jugnauth said that the sinking of the vessel “represents a danger” for the people of Mauritius, according to the Office for Coordination of Humanitarian Affairs …

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Oceanteam board member resigns

Oceanteam’s Hendrik Johannes Jesse has resigned from the board of directors as per 15 August 2020. The board plans to call for an extraordinary general meeting of the company to appoint one additional director. “Oceanteam wishes to thank Mr. Jesse for his contribution to the Company over the last two years,” the company said. Oceanteam …

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BlueSATH floating turbine prototype sets off for installation

The BlueSATH floating wind turbine prototype has departed for installation offshore Santander in Spain, Saitec Offshore Technologies said. Once installed, the 1:6 prototype of the BlueSATH (Swinging Around Twin Hull) turbine will operate for a period of 12 months after which it will be completely decommissioned. The scaled-down version has a hub height of 17.45m …

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