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Indermit Gill Appointed Chief Economist of the World Bank Group and Senior Vice President for Development Economics
World Bank President David Malpass today announced the selection of Indermit Gill as the Chief Economist of the World Bank Group and Senior Vice President for Development Economics. “Indermit Gill brings to this role a combination of leadership, invaluable expertise, and practical experience working with country governments on macroeconomic imbalances,…
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Italy finances the Sicilian Navigation Company with another 8 million euros for expensive fuel
In the Infrastructure Decree bis also provisions for Venetian cruises (excavation of the Vittorio Emanuele III canal) and the cable cars of the port of Savona Port cableway system to all’Adsp di Genova e Savona which connects Savona to Cairo Montenotte for the transport of coal. After obtaining 23.3 million…
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Hapag-Lloyd’s WSN service is back at Long Beach
Hapag-Lloyd’s WSN service, connecting the West Coast of North America with Australia and New Zealand, will be back at Long Beach, US on its Pacific Northwest rotation on a weekly basis. The first vessel to start the weekly calls at Long Beach will be MV CMA CGM DUTCH HARBOR V.…
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IMO to help Belize address emissions
The IMO-Norway GreenVoyage2050 team is supporting the government of Belize to set up a National Action Plan (NAP) to address GHG emissions from shipping and draft legislation to enshrine MARPOL Annex VI into national regulation. As part of the capacity-building support, the GreenVoyage2050 team will assist the country in identifying…
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Maersk and SEED Ventures collaborate to improve agricultural exports from Pakistan
Karachi: Maersk Pakistan Private Limited (Maersk) and SEED Ventures have joined hands by signing a Memorandum of Understanding (MoU), to launch Pakistan Agripreneurship Challenge (PAC). PAC is an Agri-value chain intervention challenge that aims to improve the quality of Pakistan’s agricultural produce and explore new global markets for Pakistan’s agriculture…
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Wuchang Shipbuilding delivers three ships a day
On July 26, the delivery ceremony of 4000 HP LNG powered stand-by ship “HAI YANG SHI YOU 543/548” and PH121H offshore supply vessel “GUO HAI MIN XIANG” was held in Qidong, Jiangsu Province. So far, the project of two types of eight LNG-powered stand-by ships built by Wuchang Shipbuilding Industry,…
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Summer 2022 – Oyster Update
Many of you will have seen the 495 on her World Premiere Tour or in the press. She is a truly new generation Oyster – effortless to sail, fast (really fast!), luxurious, and technologically advanced. With 16 already sold, I’m sure she will win more fans on her summer Mediterranean…
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Quadrise and MSC partner on trials of low carbon fuels
POC tests and subsequent operational trials will be conducted with bioMSAR and MSAR fuels on MSC-owned commercial container ships. Quadrise has entered a framework agreement with MSC Mediterranean Shipping Company’s 100% subsidiary, MSC Shipmanagement Limited of Cyprus, for the testing of lower-carbon fuels on one or more container vessels. As part…
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The Back to Blue team participated in the 2022 Ocean Conference in Portugal
The Back to Blue team participated in the 2022 Ocean Conference in Portugal, a global event putting ocean sustainability on the radar of policymakers and businesses. The conference was a chance for us to test our findings from The Invisible Wave, a research initiative of Back to Blue conducted by…
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Smart Green Shipping announces £5m investment into FastRig wing sail technology
A three-year project backed by the Scottish Government and industry will develop and test fully automated, emission-reduction sail technology that can be retrofitted to merchant ships A collaborative three-year R&D project brings together major industry players including Malin, Drax, Peel Ports, and Lloyd’s Register The wind technology project will deliver…
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