BEIJING (Reuters) - It is unlikely that any large parts of China's Tiangong-1 space lab will reach the ground when it falls to Earth, and China has been in close touch with the United Nations about its progress, China's foreign ministry said on Friday....
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NASA intensifying search for planets orbiting stars beyond solar system
(Reuters) - The search for worlds circling stars far beyond our solar system will intensify in the coming weeks with NASA's launch of a spacecraft scientists hope will enlarge the known catalog of so-called exoplanets believed capable of supporting lif...
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France to spend $1.8 billion on AI to compete with U.S., China
PARIS (Reuters) - French President Emmanuel Macron promised 1.5 billion euros ($1.85 billion) of public funding into artificial intelligence by 2022 in a bid to reverse a brain drain and catch up with the dominant U.S. and Chinese tech giants.
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Containership Market Stays Strong
COSCO Shipping Holdings Co Ltd said it expects further growth in container shipping demand thanks to a continued recovery in global trade, after reporting it had swung to a net profit of $429.42 million for 2017. COSCO's optimism, which comes…
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Conrad Industries Announces 2017 Results and Backlog
Conrad Industries, Inc. (OTC Pink: CNRD) has announced its fourth quarter and twelve months 2017 results and backlog. For the quarter ended December 31, 2017, Conrad had net loss of $3.4 million and loss per diluted share of $0.67 compared to net loss ...
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Obituary: Robert Maxwell, MD, BSM Singapore
BSM announced the passing of dear friend and colleague Robert (Bob) Maxwell, Managing Director of the Singapore office. Bob passed away on Monday, 26th March after a long struggle with cancer. He had a remarkable career in shipping and his contribution...
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Oil Backlog Off China Limits Prospects for Fresh Atlantic Basin Shipments
A backlog of crude cargoes has built up off the coast of China, limiting prospects for new shipments to the world's largest oil importer, trading and shipping sources said. The amount of oil floating in tankers off China has risen partly due…
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Apply Now for the MN 100
Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and ser...
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Baltic Index Records Worst March Since 2009
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, suffered on Thursday its biggest percentage fall in March since 2009 on weaker demand for capesize vessels. The overall index, which factors in rates ...
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Coast Guard Raises Marine Casualty Reporting Threshold
The U.S. Coast Guard has raised the decades-old monetary threshold for reporting marine casualties in order to keep pace with inflation and reduce reporting of minor incidents. The final rule changes, which were published March 19 and take effect April...
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