[By: International Chamber of Shipping] The International Chamber of Shipping (ICS) and European Shipowners | ECSA welcome the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) entering into force globally today. The International Maritime Organization (IMO) adopted the Hong Kong Convention on the 15th May 2009. The aim…
Global shipping companies and businesses are closely monitoring developments around the Strait of Hormuz, after Iranian threats to disrupt shipping following the U.S. strikes on its nuclear sites in its “Operation Midnight Hammer“ The U.S. warned Iran that any move to shut the Strait would be “economic suicide” and trigger a severe response. Why It…
A yacht belonging to Russian oligarch Alisher Usmanov. Stock photo: Kremlin-aligned Russian news agency TASS The UK military has recently uncovered spy sensors in the sea around Britain. These devices are believed to have been installed by Russia to track the movements of the UK nuclear submarines. Source: an article by the Times, citing months…
What’s New China’s Navy has significantly closed the gap with its U.S. counterpart in vertical launch system (VLS) missile cells, now boasting more than half the U.S. Navy’s total, according to the International Institute for Strategic Studies (IISS). Why It Matters Vertical launch systems, introduced on U.S. Navy ships in the 1980s, are modular compartments…
Chinese government personnel on Sunday attacked a Vietnamese fishing boat in disputed waters of the South China Sea, leaving several fishermen with serious injuries, Vietnamese state media reported. The incident took place in the Paracel Islands, situated about 250 miles east of Vietnam and 220 miles southeast of Hainan Island, China. Both neighbors claim the…