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We are looking for Marine Engineers to fit out various mechanical systems #Dorset #Poole #Bournemouth #DorsetJobs… https://t.co/UF25Ag3SJV
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Italian coastguard tells NGO ships to call Libya for help
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Scarlet Sails Arrive for World Cup Fans
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Port Canaveral Welcomes Back Enchantment of the Seas
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Prosafe acting as commercial managers for the Axis Offshore owned Safe Swift has won a contract to support activities in the Central ...
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Things are only going to get worse for EU, Canada and china...they have no leverage on the USA as the USA does not need them for anything and going without them at all would be better for US industry.
There's going to be pain for US trade partners, thats to be expected after the USA for so long with unfair trade practices...now the USA is rolling you over and you with big American Alpha cock.
Shhhh Shhh...it will only hurt more if you resist.
An industrial powerhouse built on massive exports and a gigantic car industry, Germany is among the nations most sensitive to mounting trade tensions between the United States and other major economies.
US President Donald Trump has in recent weeks struck his first tariff blows at the European Union and China, who both vowed retaliation -- risking a tit-for-tat trade conflict on two fronts that could weigh on the global Economy.
"Germany's second economic miracle is over," influential daily Die Welt wrote this week, comparing the years of steady growth since the financial crisis to the post-World War II reconstruction period.
Two respected economic think-tanks sharply lowered their growth forecasts, with Berlin-based DIW cutting its prognosis for this year by half a percentage point to 1.9 percent, and then again to 1.7 percent for next year.
Munich's Ifo institute was even more drastic, slashing its forecast to 1.8 percent for 2018 from 2.6 percent previously.
At a company level, Mercedes-Benz maker Daimler was the first among Germany's auto industry titans to lower its profit forecasts this week, prompting business daily Handelsblatt to declare the "end of the party" for the sector and its 800,000 workers.
High-end competitor BMW says it is following the international situation "more closely than ever".
BMW and Daimler are especially vulnerable, as they face both the threat of US tariffs on their cars and parts shipped from Europe, as well as taxes at the Chinese border on the vehicles they build at massive plants in America.
Meanwhile, Germany's powerful chemical industry federation said last month it is "less optimistic" for this year given the hardening trade rhetoric.
Stumbling start
"Clouds are gathering over the German economy," whose industrial engine "began sputtering at the start of the year," said Ifo macroeconomics chief, Timo Wollmershaeuser.
Growth slowed to 0.3 percent between January and March, half the rate recorded in the previous quarter.
Initially, there were suggestions that short-term factors -- such as a winter flu outbreak, a calendar packed with public holidays and a wave of industrial disputes -- might have been to blame. But weak economic data in
April put paid to such arguments.
Both industrial production and industrial orders -- indicators of future economic performance -- fell, presaging belt-tightening in the months ahead.
"American economic policy is at least partly responsible" for the slowdown, Wollmershaeuser said.
In purely financial terms, there is little risk to Germany from Trump's first move against Europe, tariffs on steel and aluminium imports.
The border duties are expected to knock just 37 million euros off a gross domestic product totalling 3.3 trillion euros.
Uncertainty bites
But investments and exports -- exactly the elements that powered Germany's expansion last year -- are already suffering from "heightened uncertainty", said DIW economist Ferdinand Fichtner.
Many German companies manufacture capital goods such as machine tools that are exported all around the world.
That means when foreign companies decide to delay investment in their plants, German manufacturers' sales slip.
Present trade fears are only a foretaste of what might happen if the US makes good on its threat to tax European car imports.
The move would inflict a five-billion-euro blow on the German economy, or 0.16 percent of GDP, Ifo calculated.
If China also levies taxes on imports of US cars, Daimler and BMW -- the two biggest exporters of cars from America -- could face plunging sales there too.
One strong pillar of the German economy is strong domestic demand, buoyed by unemployment at its lowest levels since the country's reunification in 1990, rising wages and higher public spending, the economists note.
But there, too, politics could threaten growth.
Attempts by Chancellor Angela Merkel's conservative Bavarian coalition partners to force through a tough border policy against refugees threaten to explode the government she spent months cobbling together after tricky September elections.
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The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world's largest oilfield services provider.The 7-2 decision…
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The second of two new high-speed catamarans from Gladding-Hearn Shipbuilding has been delivered to the Massachusetts Bay Transit Authority (MBTA).Funded by a grant from the Federal Transit Authority (FTA), M/V Glory will pair with her sister…
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Italian shipbuilder Fincantieri hosted a float-out ceremony for a new cruise ship under construction for Carnival Corporation’s Italian brand Costa Cruises. The new ship, Costa Venezia, is Costa’s first ship designed and built specifically for…
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DFDS has entered into an agreement with Ukrferry to sell two combined freight and passenger ferries, Kaunas Seaways and Vilnius Seaw ...
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The Baltic Exchange's main sea freight index fell for the fifth consecutive session on Friday, weighed down by weakness across capesize, panamax and supramax vessels and marked its worst week since late May.* The overall index, which tracks rates for ships carrying dry bulk commodities…
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Hundreds of Israeli surfers in black skull-and-crossbones shirts took to the waves on Friday in what they said was a record-breaking protest against potential environmental damage from off-shore gas development.Organizers said 992 people, among them athletes and actors…
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Indonesian teams searching a lake for a sunken ferry in the hope of recovering nearly 200 bodies trapped inside have to contend with dangerous currents and cold, murky water far deeper than any scuba diver can ever go.The over-loaded ferry Sinar…
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Danish shipping and logistics firm DFDS says it is working on a campaign to attract more IT developers.“We employ 250 people in our IT department and have many digital experts, but the world may still anticipate that shipping companies are only for shipping experts and seafarers…
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The Italian port authority on Friday made a formal request for Malta to allow the NGO-run migrant-rescue ship Lifeline to dock at a port on the Mediterranean island, government sources said. The Dutch-flagged ship, run by German NGO Mission Lifeline, may be set to be at the centre of an international wrangle like that which involved another NGO-run migrant-rescue vessel, the Aquarius, which ended up docking in Valencia last week after Italy and Malta refused it access to ports.
Italian Transport Minister Danilo Toninelli on Thursday accused the Lifeline of "operating in Libyan waters outside all rules, outside international law" after it took on 224 asylum seekers. Interior Minister Matteo Salvini said the Lifeline should go to the Netherlands.
On Thursday the Netherlands denied that the Lifeline and another NGO-run migrant-rescue ship, the Seefuchs, are sailing under Dutch flags. However, on Friday Mission Lifeline said in a tweet that its ship has been registered in the Netherlands since September 2017, attaching a photograph of a registration document. It also said Thursday's rescue operation took place in international waters.
Salvini said for "the safety of the crew and passengers" Italy had asked Malta to open its ports. "It is clear that the ship will then have to be impounded and the crew members arrested. No more trafficking by sea," he added. Salvini, who is also deputy premier and League leader, has spearheaded the tough stance on migrants and NGOs operating humanitarian missions in the Mediterranean of the new League/5-Star Movement (M5S) government. | http://bit.ly/2IelumN -
LNG Hrvatska launched a second round of bidding for potential operators of an offshore liquefied natural gas (LNG) terminal in Croatia's northern Adriatic on Friday, after the previous round drew little interest.Last week, Croatia's parliament passed a law to enable the construction of the terminal…
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Ukrainian warships are rotting away. Kiev forgot about its fleet as soon as the Crimea voted to reunite with Russia. The Hetman Sagaidachnyi frigate has become the symbol of the dying Ukrainian navy. The ship can now travel only with the help of oars, the article said. Another "dead" ship is the Yuri Olefirenko frigate: it seems that she can fall apart and crumble any moment.
To make matters worse, Ukrainian marines are not marines anymore. They have turned into ground troops, as nearly all of the Ukrainian coast guard was integrated into ground forces huddled in mud and log bunkers in Eastern Ukraine.
In 2007 - 15,470 people served the Ukrainian Navy. Now it is less than 6800; mostly on shore, drawing government salaries watching over rusting hulks.
See more at http://www.pravdareport.com/news/world/ussr/ukraine/20-06-2018/141137-ukrainian_fleet-0/?utm_referrer=last_news_list
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