The Gulf Review is a weekly newsletter, scheduled to reach you this and every week, containing relevant maritime and economic news in the past week in case you missed them. |
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Russian-Ukraine war puts aquaculture industry in distress – Aquaculture Chamber CEO. The cedi’s rapid depreciation against major trading currencies and the ongoing Russian-Ukraine war, among other factors, have increased the cost of feed and inputs in production for the aquaculture industry – a development that will soon push farmed-fish prices up, the Aquaculture Chamber has said. | | |
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African competition authority investigates shipping lines for pricing violations. The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has started investigating three container shipping companies Maersk, CMA CGM and United Africa Feeder Line (UAFL) for potential shipping pricing violations. | | |
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Marine Litter: New Global Industry Alliance launched to tackle sea-based marine plastic litter. Collecte Localisation Satellites (CLS), Wilhelmsen Ships Service Marine Products, Vow ASA, Aker Biomarine, and Container Overboard System (COBS) will work together with the GloLitter Partnerships Project, an International Maritime Organization (IMO) project with the Food and Agricultural Organization (FAO) as an implementing partner, to support developing countries in identifying opportunities for the prevention and reduction of marine litter. | | |
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Proposal to ban the disposal of sewage sludge at sea A global ban on the dumping of sewage sludge at sea is a step closer, following the submission to IMO of a proposal to amend the 1996 London Protocol on the prevention of marine pollution by the dumping of wastes | | |
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U.S. Coast Guard Offloads $220M in Cocaine in San Diego. On Thursday, the U.S.?Coast Guard Cutter Kimball offloaded more than 11,300 pounds of cocaine with a street value of $220 million in San Diego. | | |
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Four Crewmembers Arrested in South Australia’s Biggest Drug Bust. Australian authorities are reporting that they have detained four crewmembers from a bulker as part of the biggest haul of illicit drugs ever confiscated in South Australia. They believe the smuggling operation was part of a larger organized crime network that was attempting to distribute cocaine across Australia. | | |
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Ocean Shipping Reform Act Passed by U.S. Senate Voice Vote. According to the sponsors, the bill, which received bipartisan co-sponsorship and broad industry endorsement, strengthens the authority of the Federal Maritime Commission and will level the playing field for American exporters. It is designed to make it harder for ocean carriers to unreasonably refuse goods ready to export at ports and charge shippers exorbitant fees. | | |
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AN OCEAN FOR THE YOUTH A Holistic Approach to Engaging the Youth in the Maritime Sector By: Stephanie Oserwa Schandorf, 22nd March, 2022 As African youth, we have, for ourselves, a continent that really is ours to run. Africa has the highest percentage of youth in its population than any other continent, and that makes us the continent with the world’s youngest population. At the same time, there’s this vast Blue Economy potential that could well be the key to Africa’s economic advancement. This is in such stark contrast to the fact that Africa has some of the highest unemployment rates in the world. Now let’s take a moment to shift to a global perspective of the problem. The recently concluded United Nations Climate Change Conference (COP 26) saw States come together to try to accelerate action towards the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change. Here’s one thing that was clear: there was a heightened recognition not only of the centrality of the ocean to .................................. Read more |
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DISCLAIMER. All articles featured in the Gulf Review are from varying online sources as hyperlinked in the Review. While the Institute re-shares content from reputable sources, the articles are not independently reviewed by GoGMI for accuracy or reliability. We therefore cannot guarantee the validity of information shared in the Review. Again, all views expressed within featured articles are those of the authors – subject to Disclaimers issued by article sources – and not those of GoGMI, its affiliates or employees. |
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