Reading Time: 2 minutes The new legislation limits the time crews can spend on board ships, raising fresh concerns about the jobs of P&O workers. A letter sent to staff, seen by the BBC, said a new French law would allow crews to spend 14 days on the ferry. A union raised concerns that repatriating current staff from the […]
Concerns for P&O Staff Jobs Amid New Crew Law Read More »
Reading Time: < 1 minute Sources told Reuters earlier this month that the initial focus of OPEC+, the large group that includes Russia. Was to have Namibia join the group’s Charter of Cooperation. which holds long-term dialogue on energy markets rather than determining production policy. He said it would happen. OPEC did not comment at the time. In addition to
OPEC Excited about Namibia Partnership, Offers Support Read More »
Reading Time: 3 minutes In a display of its growing space prowess and surveillance capabilities, radar images of a US Navy base taken by a Chinese satellite are circulating online. Appearing first on China’s domestic social media platform Weibo. Defence analysts later identified the spacecraft as the Taijing-4 03 “flat-plate radar imaging satellite.” They identified the naval facility as
Reading Time: 2 minutes Ukraine’s State Security Service announced on Wednesday that it had attacked two Russian state-run. Oil depots in the Smolensk region of western Russia. Reuters quoted a Ukrainian intelligence official as saying the drone attack destroyed more than 26,000 cubic meters. Just under 1 million cubic feet of fuel at a warehouse belonging to Russian energy
Russian Oil Facility Burns After Reported Drone Attack Read More »
Reading Time: < 1 minute Karachi Port Trust (KPT) has secured its first major revenue stream. This is under a new concession agreement with Abu Dhabi Ports Group (AD Ports). As per the sources, a signing ceremony was held in the presence of the Maritime Affairs Minister. Here the AD Ports subsidiary, Karachi Gateway Terminal (KGTL), gave a check of
Karachi Port Receives $50mn Upfront Payment from AD Ports Group Read More »
Reading Time: 2 minutes Red Sea shipping is taking a hit. Shipping traffic through the vital Suez Canal artery in Egypt has plunged by 66%. Thus cargo was forced to divert due to attacks on vessels, according to official figures. The data, from the UK’s Office for National Statistics (ONS), covered the period from mid-December to the beginning of
Attacks on Red Sea Shipping Forces 66% Decline in Suez Canal Traffic – ONS Read More »
Reading Time: 2 minutes Recent statements by diplomats suggest that the 2024 BRICS summit will primarily focus on the de-dollarization agenda. The 2024 BRICS summit is scheduled to be held in Russia’s Kazan region in October. The 16th summit will see the addition of four new countries. Including the United Arab Emirates (UAE), Egypt, Iran, and also Ethiopia. Saudi Arabia could
De-Dollarization Main Agenda of BRICS 2024 Summit Read More »
Reading Time: 2 minutes Saudi Arabia took its Neom megaproject roadshow to China. This is amid speculation about the scope of the project and its finances. Neom megaproject officials visited Beijing, Shanghai, and Hong Kong last week. All in the hopes of courting Chinese investors and shed more light on the mysterious megacity. While no deals have been announced, one attendee told
Saudi Arabia Wants China To Help Fund Its Struggling $500 Billion Neom Megaproject Read More »
Reading Time: 2 minutes A new laser-based propulsion technology developed by researchers at China’s Harbin Engineering University. Could one day help the People’s Liberation Army (PLA) build quiet, ultra-fast submarines? According to a report by the South China Morning Post (SCMP). The technology could also power underwater missiles and torpedoes. The concept of underwater laser propulsion is not new.
New Laser Propulsion Could Power Silent Yet Supersonic Chinese Submarines Read More »
Reading Time: 2 minutes LISBON, April 21 (Reuters)—Galp Energia, the Portuguese oil company, has made a significant stride in the oil and gas industry. On Sunday, it announced the successful ending of the first phase of exploration in the Mopane field off the coast of Namibia. The company estimates a potential reserve of at least 10 billion barrels of oil. A
10 Billion Barrels Of Oil Discovered Off Namibia’s Coast Read More »