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USCG clarifies Ecochlor approval queries

In such a competitive field as ballast water treatment systems, it is accepted that every type approval will be examined by competitors to search for any conditions of approval which may give them an advantage over their own products or a seeming disadvantage that could be exploited in the market. ...


Putting cyber costs in perspective

When reporting its first half figures earlier this week, Maersk revealed that it would be factoring in a $300m loss in revenue triggered by the NotPetya cyberattack at the end of June. The actual costs would have been incurred during July. Maersk put some of the blame for the problems ...


Consolidation and the China crisis

Earlier this week, the IMF issued a warning about the growing level of debt in China following its annual report of the financial standing of the country. Although generally positive, the report says that the level of debt which now stands at 230% of GDP is in dangerous territory. There are ...


Scrapping licence shelved by EU as pragmatism rules

Last week, the EU released copies of the report from the European Commission to the European Parliament and Council on the thorny subject of the ‘feasibility of a financial instrument that would facilitate safe and sound ship recycling’. Effectively a licence to recycle, the concept was first muted last year by t...