Current Edition

Current Edition
Monday, March 30th 2015 - 09:34 UTC

Carnival and associates to incorporate nine new cruise vessels by 2022

Carnival Corporation signed this week two strategic memorandums that will add nine new cruise ships to the company’s fleet over a four-year period

Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri and Meyer Werft to each build next-generation cruise ships for Carnival Corporation through two separate, long-term partnerships, reports Maritime Link.

Monday, March 30th 2015 - 07:13 UTC

Falklands economy main contributor is fishing industry: 34% of GDP in 2012

Fishing licence fees are typically the biggest single source of government revenues, besides non-regular corporate tax revenues relating to hydrocarbons

Measured by GDP, fishing is the most important industry in the Falkland Islands and in 2012 contributed 34% to GDP, according to the State of the Falklands Economy report from the FIG Policy Unit.

Monday, March 30th 2015 - 06:58 UTC

Falklands' oil industry advances despite the fall in oil prices, according to FT

Sam Moody insists that a smaller scale plan at Sea Lion with an initial outlay of 1.8bn dollars or less, could guarantee the beginning of production before 2020”.

A recent piece from the Financial Times points to the fact that despite the remoteness of the Falkland Islands, the fall of international oil prices and the ongoing conflict with Argentina, this has not impeded small oil and gas companies from going ahead with exploration, and hopefully before 2020 production, in the Islands waters.

Monday, March 30th 2015 - 06:47 UTC

Citibank suspended in Argentina “until it revokes agreement with Griesa and holdout funds”

The “precautionary suspension” was ordered as CNV considered that the bank “did not act according to Argentine banking law” said Kicillof

Economy Minister Axel Kicillof said the suspension of Citibank Argentina, ordered by the National Securities Commission (CNV) financial watchdog, will stay in place until the bank revokes its agreement not to appeal US Judge Thomas Griesa’s ruling that interest payments on Argentina's restructured local law bonds could not be processed if the bank was allowed to make two one-off payments to help it exit its local custody business.

Monday, March 30th 2015 - 06:32 UTC

French local elections confirm come back of Sarkozy and containment of Marie Le Pen

”The French people have massively rejected the policies of (President) Francois Hollande and his government,” he told party supporters.

The far-right National Front (FN) made only limited gains in French local elections won by ex-president Nicolas Sarkozy's conservatives. The anti-immigrant, anti-EU party is likely to have won up to 108 local council seats, from holding only one currently. But they will have too few in any one of the 102 “departements” to control any of them, updated Sunday exit polls showed.

Monday, March 30th 2015 - 06:20 UTC

Cruise lines are preparing for the Cuban rush of US tourists

European and Canadian-owned cruise lines often make stops in Havana. Tourism is already a major part of the Cuban economy

Although U.S. tourists are still technically banned from visiting the Caribbean country, one of the world's last remaining authoritarian regimes, the process of normalizing relations between the U.S. and Cuba has the cruise industry ready to pounce, according to Maritime Link.

Sunday, March 29th 2015 - 09:47 UTC

Sea Shepherd receives unexpected help in the 100-day chase of poacher

For the past 100 days Sea Shepherd's flagship the Bob Barker has been chasing a poacher caught taking Patagonian toothfish from Australian territorial waters (Pic FB)

One of Australia's biggest commercial fishing businesses has joined forces with militant environment group Sea Shepherd in an unheralded bid to stop pirate fishing boats. David Carter, from Perth-based Austral Fisheries, said the company was joining forces with Sea Shepherd because it wanted to lend moral support to the group's efforts to stamp out poaching.

Saturday, March 28th 2015 - 11:52 UTC

Antarctica floating ice shelves thinning at an unexpected accelerated rate

Scientists have their best view yet of the status of Antarctica's floating ice shelves and they find them to be thinning at an accelerating rate. Fernando Paolo and colleagues used 18 years of data from European radar satellites to compile their assessment.

Saturday, March 28th 2015 - 11:46 UTC

Gibraltar Deputy Chief Minister lobbies Democrats and Republicans in US Congress

 Dr Garcia recalled Gibraltar has been a close ally of the US for over 200 years which dates back to the US’s first intervention overseas against the Barbary States

Gibraltar Deputy Chief Minister Dr. Joseph Garcia highlighted the long and historic relationship between Gibraltar and the United States during a series of meetings in Washington. In a busy schedule Dr Garcia held meetings at the offices of both Democratic and Republican members of Congress on Capitol Hill.

Saturday, March 28th 2015 - 11:29 UTC

British experts in sports security visited Uruguay to exchange experiences

 Ms. Storey and Mr. Galilee had the opportunity to attend a football match and to visit the Centenario Stadium, as well as other sports grounds.

British experts in sports security visited Uruguay and shared experiences in sports security management with their counterparts. The UK delegation was made up of Sue Storey, Director of Sports and International Development, and Geoff Galilee, Sports Football Clubs Inspector of the Sports Ground Safety Authorization, SGSA.

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