Taiwan Officials Call on Beijing to Ease Regional Military, Economic Tensions

Taiwan’s minister of mainland affairs on Wednesday called on the People’s Republic of China to to ease tensions in the region to maintain security and peace in the Taiwan Strait.

Tai-Sun Chiu told Beijing to stop flaunting its military power and tightening its economic grip on Taipei, said in a prepared video to the Center for New American Security. 

Beijing “has become a destabilizing factor in the Taiwan Strait” that threatens global trade, international shipping and air travel, Chiu said. This...

https://news.usni.org/2022/09/07/taiwan-officials-call-on-beijing-to-ease-regional-military-economic-tensions

China’s August iron ore imports rise 5.5% from prior month -customs

China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved. The world’s top iron ore consumer brought in 96.21 million tonnes of the steelmaking raw material last month, up from July’s...

https://www.hellenicshippingnews.com/chinas-august-iron-ore-imports-rise-5-5-from-prior-month-customs/

Loaded and Rolling: Driver training surges; trucking M&A remains strong

Increasing demand for driver training programs 
(Photo: Jim Allen/FreightWaves)

Driver training schools are seeing an influx of those interested in joining the trucking industry. 

“We raised pay enough over the past two years that it’s caught people’s attention, and they are valuing the jobs that we are providing more now than they were a few years ago,” Rob Hatchett, president of fleet intel at Conversion Interactive Agency told Transport Topics, “But we’ve got to have more trainers so they can...

https://www.freightwaves.com/news/loaded-and-rolling-driver-training-surges-trucking-ma-remains-strong

Cruel summer for container, dry bulk stocks as sun shines on tankers

photo of Euronav tanker; the company's stock share price is up sharply this year

Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued their ascent, with many U.S.-listed tanker owners hitting fresh 52-week highs on Tuesday.

The consensus on tanker earnings: They’ve moved past their trough and are headed up from here. “The tanker sector can be characterized now as officially firing on all cylinders,” said Jefferies analyst Omar Nokta in a report this week.

The consensus on container shipping and dry bulk earnings: They’ve moved past...

https://www.freightwaves.com/news/cruel-summer-for-container-dry-bulk-stocks-as-sun-shines-on-tankers

HMS Queen Elizabeth Departs U.K. to Sub for Damaged HMS Prince of Wales in East Coast Tour

HMS Queen Elizabeth sails from Portsmouth on Sept. 7, 2022. UK Royal Navy Photo

British aircraft carrier HMS Queen Elizabeth (R08) set sail for the U.S. on Wednesday while its sister ship HMS Prince of Wales (R09) prepares for a major repair to its propulsion system, the U.K. Royal Navy announced.

Ahead of a planned European deployment, Queen Elizabeth will step in for some of the stops for Prince of Wales, the Royal Navy said.

“In the coming months, HMS Queen Elizabeth will be at the heart of a...

https://news.usni.org/2022/09/07/hms-queen-elizabeth-departs-u-k-to-sub-for-damaged-hms-prince-of-wales-in-east-coast-tour

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