A container ship became stuck across the Suez Canal, shocking experts, as it is the first such incident in the canal's 150-year history. However, the excavator pictured below trying to free the massive ship has caught the attention of many.
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Posted on - 2021-03-24The Philippines Overseas Employment Administration has suspended the license of Able Maritime Agency, who recruited a group of around 20 Filipino seafarers now stranded in Fiji amid claims of human trafficking against Goundar Shipping. The manning agency was failed to monitor the well-being of the seafarers, and this led to the disciplinary suspension, disallowing the company from hiring and recruiting seafarers.
Deployed in February 2020 to work on Goundar's fleet, they had contracts for a maximum of 12 months, and the Government of the Philippines is working with government officials in the department of Foreign Affairs to immediately repatriate the seafarers.
Meanwhile, the union representing workers of BC Ferries in Canada are urging their employer to sever ties with Goundar Shipping over allegations the Fijian employer had violated the human rights of its foreign seafarers, and investigations by the International Transport Workers' Federation (ITF) had uncovered claims of "widespread abuse, underpayment, unsafe conditions, and even of human trafficking and slavery".
ITF states the Filipino workers were promised decent wages and conditions, but once in Fiji, they were told they would earn 60-70 percent less than what they had agreed to before they left the Philippines.
Goundar Shipping has not responded to a request for comment.
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Posted on - 2021-03-24
The world’s biggest 60 banks have provided $3.8tn of financing for fossil fuel companies since the Paris climate deal in 2015, according to a report by a coalition of NGOs. Despite the Covid-19 pandemic cutting energy use, overall funding remains on an upward trend and the finance provided in 2020 was higher than in 2016 or 2017.
US and Canadian banks make up 13 of the 60 banks included in the study, but account for almost half of global fossil fuel financing over the last five years, with JPMorgan Chase providing more finance than any other bank. UK bank Barclays provided the most fossil fuel financing among all European banks and French bank BNP Paribas was the biggest in the EU.
A separate report last Thursday from the International Energy Agency and Imperial College London found that renewable energy investments have seen a 367% greater rate of return than fossil fuel investments since 2010.
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Posted on - 2021-03-24