11th December 2015 

 

Port News

 

Port of Rizhao

China will be introuding tigher controls over emissions for ships which will start with three main ports to reduce sulfur dioxide (this creates acid rain) 

Vessel News

M.V IDC Pearl

 

 

 

Four decomposed bodies found in the engine roo beleived to be sotwaways who sneaked on board during engine repairs.

M.V Angelika

The vessel sank suddenly whilst the owner was on the bridge. Investigations are underway to establish the cause.

M.V. Alianca Sky

 

 

 

 

 

 

 

 

 

 

The vesel has been arrested in Singapore by the Supreme Court of Singapore follwoing actoin by a law firm Classis LLC. The reasons are not clear at this stage.

Trade News

China's Fosun in trade halt amid reports its chairman is 'unreachable'

Trading has been suspended in the Hong Kong shares of one of China's biggest private investment conglomerates Fosun International.

It comes amid uncertainty over the whereabouts of its chairman, with one report saying Guo Guangchang has been unreachable since noon on Thursday.
Fosun has interests spanning insurance, real estate and retail. It controls the French holiday group known as Club Med.
Guo Guangchang is one of China's wealthiest men.
Caixin online cited unnamed sources saying Fosun employees had been unable to contact Mr Guo.
It also cited social media messages saying he had last been seen with police in Shanghai.