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Saturday, December 5, 2020

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Magnetic poles

Posted to Maritime Musings (by Dennis Bryant) on August 5, 2014

The magnetic poles are the two points on the surface of the Earth at which the magnetic field points vertically down or up (in the northern and southern hemispheres respectively). These points are located near, but not at the northern and southern geographic poles.

No frills container carrier lining up for launch

Posted to Far East Maritime (by Greg Knowler) on February 11, 2010

Neptune Orient Lines just reported a loss of US$741 million for 2009. China Shipping Container Lines is expected to soon announce a loss of US$1 billion. Other results will begin to trickle in but no carrier handling containers will have done well last year.