Beijing: U.S.-China Trade Talks 'constructive'
U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as "constructive", including discussion of further purchases of American farm goods and an agreement to reconvene in September.The first face-to-face trade talks since a ceasefire was agreed last month amounted to a working dinner on Tuesday at Shanghai's historic Fairmont Peace Hotel and a half-day meeting on Wednesday, before U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin flew out."Both sides…
China Blames U.S. for "largest-scale trade war"
China says forced to respond to U.S. tariffs. The United States and China slapped tit-for-tat duties on $34 billion worth of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war" as the world's two biggest economies sharply escalated their conflict. Hours before Washington's deadline for the tariffs to take effect, U.S. President Donald Trump upped the ante, warning that the United States may ultimately target over $500 billion worth of Chinese goods, or roughly the total amount of U.S. imports from China last year.
MV WERFTEN Lays Foundation for Accommodation Center
MV WERFTEN, the shipyard group is constructing a special accommodation center for subcontractors and guests at the Alter Holzhafen in Wismar; visitors will be able to spend the night in cruise ship cabins. The new building, which comprises 104 rooms, is scheduled to open by winter 2018-2019. Wismar, March 6, 2018 | Today, MV WERFTEN celebrated the official start of construction on its very own accommodation facility – the MVW Alter Holzhafen Beherbergungsstätte – with a groundbreaking ceremony.
CMA CGM to Build World's Largest Boxships at Chinese Yard
French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co, had received a letter of intent from CMA CGM for the ships, which would be capable of carrying 22,000 20-foot equivalent unit containers (TEU), the newspaper said. The final order was subject to board approval from both sides, the newspaper said. Both yards are owned by state-run China State Shipbuilding Corporation.
Danish Opposition Ask Government to Stop Beaching Maersk Ships
The Danish Environment Minister, Esben Lunde Larsen, had to answer to the Parliament yesterday following questions put to the Government by all the opposition parties. The long list of questions had been drafted two months earlier, prompted by the revelations of Maersk’s shipbreaking practices in South Asia by the Danish investigative journalists, Danwatch, and the daily newspaper, Politiken. All opposition parties called on the Danish Government to ensure that Maerk’s end-of-life vessels cannot be broken down in beaching yards.
China Launches Maritime Satellite
China’s Academy of Space Technology in Beijing has launched a new high-tech satellite, called the Gaofen 3 high-resolution Earth observation satellite, which has been designed to protect its maritime interests, as well as warn of natural disasters, according to China Daily. The satellite was delivered by a Long March 4C rocket that blasted off from the Taiyuan Satellite Launch Center in Shanxi province. "The satellite will play an important role in monitoring the marine environment…
Nearly 120 Hurt in Hong Kong Ferry Collision
Approximately 120 people were injured when a high-speed jetfoil heading from Macau towards Hong Kong hit an “unidentified object” last night south of Lantau Island. The injured, aged between six and 83, were sent to seven hospitals, with 87 discharged as of this morning. In addition to the five patients in critical condition, five were categorised as serious and 27 stable. Over 170 people on board the ferry lost power after colliding with an "unidentified object" in the water, according to the boat's operator, Shun Tak.
Massive Explosions at Port of Tianjin Kill 44
A series of huge explosions shook the warehouse at Tianjin Port International Logistics Center in the northern Chinese city of Tianjin late Wednesday, killing at least 44 people and injuring hundreds more, according to officials and state media. The People's Daily newspaper said at least 520 people were injured, more than 60 of them seriously. As of Thursday morning, an unknown number of people remained unaccounted for in the wreckage. The initial explosion erupted at a warehouse for a logistics company in an industrial area of the port city, according to Tianjin police.
South Korea Okays Casinos on Cruise Ships
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but casino admission will be only for foreign passengers from as early as next year. “The ministry is in no talks to push for admission of Koreans to [such] casinos,” said Han Dong-soo, an official at the Ministry of Oceans and Fisheries, as quoted in comments to the Korea Herald newspaper. The ministry has been taking the lead on the casino cruises initiative.
KVH’s NEWSlink Team Now Producing 100 Different Newspaper Titles
KVH Media Group, part of KVH Industries, Inc., has launched “Philippine Business,” the 100th unique newspaper title produced under the NEWSlink brand. The new title joins NEWSlink’s roster of high-quality daily and weekly newspaper digests, which are currently read by seafarers and cruise guests on more than 8,500 vessels around the world. Produced for the multinational audience common to the seafaring world, the NEWSlink titles cover news, sports, finance, and entertainment news in 17 languages tailored to 80 different regions and countries.
South Korean Okays Casinos in Cruise Ship
South Korea plans to enable its citizens and foreign tourists to wager on new cruise ship services that will serve ports around the country, reports the Korea Joongang Daily newspaper. Some major overseas cruise companies – such as Genting Hong Kong Ltd’s Star Cruises – operate shipboard casinos that only open once the vessel is in international waters. The plans also include allowing local residents to use casinos on cruise ships. The National Assembly passed the Cruise Act in January to open casinos on cruise ships carrying the Korean national flag for foreign passengers only…
Hamburg Süd Headquarters Being Expanded
On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61). The laying of the foundation stone was performed by Dr Ottmar Gast, Chairman of the Executive Board of Hamburg. True to long-standing tradition, a capsule containing coins and banknotes, a daily newspaper and Hamburg Süd time records was set into the foundations.
ABS Named Best Regional Class Society
ABS was named Best Classification Society during the recent Lloyd’s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the industry’s daily newspaper to benchmark excellence within the maritime industry. A panel of judges from a broad spectrum of industry selected ABS as the winner in the Classification Society category. The society has maintained a network of regional and port offices throughout the Middle East area for more than 30 years with regional administrative and operational headquarters in Dubai…