According to an Oct. 7 report from Fairbanks Daily News-Miner, Congress reaffirmed the long-standing requirement that two tugboats escort oil tankers through Prince William Sound.
(Source: Fairbanks Daily News-Miner)
In a bid to assist all sectors, China is to increase cash subsidies for scrapping obsolete ships by 50 percent to help cut over-capacity and emissions, reports Bloomberg.
Seoul will not sell Daewoo Shipbuilding & Marine Engineering (DSME) to a foreign company to avoid any possible leakage of technologies reports 'Korea Times'.
Shaanxi province plans to build China's first hinterland international intermodal transit hub port to link the overland international freight route [see map] which they dub a new 'silk road',