Marine experts are urging visitors and residents to back a campaign to protect Whitby’s coastline.
The Government has put forward two potential sites for new conservation areas, which are located to the north and south of the town.
One of the sites is a 68 sq km zone stretching three miles out to sea, straddling Runswick Bay. The other is Holderness Inshore, a three-mile long stretch extending north from the Humber Estuary, covering 307 sq km.
"Hanjin Shipping Co.’s financial and legal troubles have left as much as $14 billion worth of cargo stranded at sea, sending owners scrambling to try to recover their goods and get them to customers, according to industry executives, brokers and cargo owners...."
"Hanjin container vessels carry as many as 24 crew each and pack enough food, fresh water and other essentials for several weeks. A journey across the Pacific from Busan to Los Angeles takes up to 10 days, while a trip via the Suez Canal to Rotterdam could take a month.
Typically, a vessel that can carry 8,000, 20-foot containers costs about $8,376 to operate per day, according to Drewry Maritime Services Pvt., an independent ship consultancy. That ship going at a speed of 17 knots would consume 80 to 85 tons of fuel oil a day.
Samsung Electronics Co. said in court filings it had about $38 million of goods on board two Hanjin vessels off the port of Long Beach, California, waiting to be unloaded. Hanjin Shipping won temporary protection against U.S. creditors from a U.S. court Tuesday...
"Hanjin’s woes show the container-shipping industry is in bad health, limping from one exigency to another since the 2008 global financial crisis brought trading to its knees.
Helped by cheap loans, container lines have hung on even as freight rates to move sneakers to Barbie dolls from Asia to Europe and the U.S. plunged on sluggish demand. From A.P. Moeller-Maersk A/S to Hapag-Lloyd AG and France’s CMA CGM SA, companies have tried everything -- mergers, acquisitions and cost cuts -- while a revival in demand remains elusive.
The global shipping industry has been operating at a loss since the end of 2015, and it’s set to lose about $5 billion this year amid an oversupply of vessels, according Drewry Maritime Research.."
2 Comments
Coastline Protection Sites
Submitted by Mortal Mindy on
http://www.whitbygazette.co.uk/news/local/marine-experts-help-us-protect...
Marine experts are urging visitors and residents to back a campaign to protect Whitby’s coastline.
The Government has put forward two potential sites for new conservation areas, which are located to the north and south of the town.
One of the sites is a 68 sq km zone stretching three miles out to sea, straddling Runswick Bay. The other is Holderness Inshore, a three-mile long stretch extending north from the Humber Estuary, covering 307 sq km.
https://www.youtube.com/watch?v=mQqd061H9kM
Cargo Embargos
Submitted by Benefitz Betty on
"Hanjin Shipping Co.’s financial and legal troubles have left as much as $14 billion worth of cargo stranded at sea, sending owners scrambling to try to recover their goods and get them to customers, according to industry executives, brokers and cargo owners...."
http://www.marinetraffic.com/en/ais/home/centerx:-58/centery:-36/zoom:8
fascinating ....
https://www.vesselfinder.com/vessels/HILDEGAARD-IMO-9194139-MMSI-308574000
Ah, so ...
http://www.bloomberg.com/news/articles/2016-09-06/hanjin-s-ghost-ships-s...
"Hanjin container vessels carry as many as 24 crew each and pack enough food, fresh water and other essentials for several weeks. A journey across the Pacific from Busan to Los Angeles takes up to 10 days, while a trip via the Suez Canal to Rotterdam could take a month.
Typically, a vessel that can carry 8,000, 20-foot containers costs about $8,376 to operate per day, according to Drewry Maritime Services Pvt., an independent ship consultancy. That ship going at a speed of 17 knots would consume 80 to 85 tons of fuel oil a day.
Samsung Electronics Co. said in court filings it had about $38 million of goods on board two Hanjin vessels off the port of Long Beach, California, waiting to be unloaded. Hanjin Shipping won temporary protection against U.S. creditors from a U.S. court Tuesday...
"Hanjin’s woes show the container-shipping industry is in bad health, limping from one exigency to another since the 2008 global financial crisis brought trading to its knees.
Helped by cheap loans, container lines have hung on even as freight rates to move sneakers to Barbie dolls from Asia to Europe and the U.S. plunged on sluggish demand. From A.P. Moeller-Maersk A/S to Hapag-Lloyd AG and France’s CMA CGM SA, companies have tried everything -- mergers, acquisitions and cost cuts -- while a revival in demand remains elusive.
The global shipping industry has been operating at a loss since the end of 2015, and it’s set to lose about $5 billion this year amid an oversupply of vessels, according Drewry Maritime Research.."
https://www.youtube.com/watch?v=ZyhrYis509A
Erm, ya know this Brexit mallarky ....
http://www.bbc.co.uk/news/uk-politics-37291832
"Theresa May said the UK could become "the global leader in free trade" as she faced calls to clarify the government's post-Brexit vision.
Making a G20 summit statement, the PM refused to give a "running commentary" or "reveal our hand prematurely".
She was speaking in the Commons after Australia and the UK began "preliminary discussions" about a new trade deal.
Australian trade minister Steven Ciobo predicted an agreement between the countries "when the time is right".
s'pose they could build a tunnel ....
https://www.youtube.com/watch?v=oF9xbT0FVqU
MSTO
Awe .... bless
http://www.dalbyoffshore.com/