GCR – News – Norwegian team to build world’s first autonomous electric cargo ship

The battery-driven carrier was created by technology group Kongsberg and fertiliser specialist Yara. It will initially be operated as a manned vessel before moving to remote operations in 2019 and performing fully autonomous operations from 2020.

Ship will replace 100 trucks per day – good for economy, good for company, good for environment, bad for drivers being laid off. Need to address the negatives, not just enjoy the positives.

Source: GCR – News – Norwegian team to build world’s first autonomous electric cargo ship

Bank of America confirms Dublin as location for EU hub

Even if the UK reverses and doesn’t Brexit, the genie is out of the bottle. While London may survive as Europe’s premier financial center in a no-Brexit scenario, it will be by a smaller margin and with more competition.
Frankfurt and Dublin will be more important as financial centers with or without Brexit. Paris will gain – especially as high-speed transportation links advance. Just as Wall Street now stretches coast-to-coast, the European financial industry will spread across Europe. And don’t forget, non-financial institutions are also important and also relocating. For a country with strict gun control, the Tories-led UK has amazingly managed to shoot itself in one foot with no-Brexit and both feet with Brexit.

Wall Street giant Bank of America Merrill Lynch has picked Dublin as the preferred location of its EU hub, joining a growing number of international financial groups to outline initial plans for how they plan to deal with the fallout from Brexit.

Speaking to The Irish Times in Dublin on Friday, group chief executive Brian Moynihan said this will result in the bank’s existing Irish subsidiary merging with its current most important EU banking unit, based in London.

It will also involve the group setting up an EU trading operation, or broker-dealer, in the Republic, which will require separate Central Bank approval, he said.

 

Source: Bank of America confirms Dublin as location for EU hub

Global Estuaries Forum

About 60 percent of the world’s population lives along estuaries and coastal areas Of the 32 largest cities in the world, 22 are located on estuaries 90 percent of Europe’s international trade passes through estuaries and their adjacent ports Coastal recreation and tourism generate between $8-$12 billion per year in the United States alone Often called the “nurseries of the sea,” estuaries provide vital nesting and feeding habitats for many aquatic plants and animals.

The Global Estuaries Forum brings together public institutions, the private sector, researchers, and NGOs from around the globe in an effort discuss and meet the pressing and immediate challenges facing our world’s most important estuaries. Follow on Twitter at @EstuariesForum.