Tuesday, January 28, 2025

Asia Pacific

MOL to invest heavily in wind propulsion

MOL plans to install its Wind Challenger hard sail on seven more dry bulk and MPP carriers, showing confidence in its self-developed wind propulsion system. The company is also considering adding Anemoi's Rotorsail to some of these ships to enhance the technology. These installations will expand on the four ships already equipped with the wind propulsion systems. Source link

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Myanmar’s Resistance Slows But Doesn’t Stop

By: David Scott MathiesonA former Myanmar military captain is urging troops to surrender to resistance forces at a besieged army base in Karenni State, caught on film by a BBC crew. However, Nay Myo Zin's efforts are unsuccessful, as the 80 junta troops have been trapped in the base for a month. In response, the troops counterattack, forcing journalists and Karenni handlers to flee... Source link

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Brands plan for a quiet Pride Month | News

Earlier this year, marketers predicted a muted Pride Month due to a pullback from brands supporting the LGBTQ+ community last year. Recent conversations with marketers confirm this bleak outlook. Kate Wolff, founder of Lupine Creative and cofounder of Do the WeRQ, noted unrest and insecurities regarding community support after last year's media coverage of brands' indecisiveness and anti-LGBTQ+ legislation. Source link

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G7 aims to tap income from US$300 billion frozen Russian assets to help Ukraine

G7 negotiators are working on how to leverage assets like major currencies and government bonds held in European depositories. The statement's cautious wording shows that legal and technical details still need to be finalized for the loan to be issued. A Ukrainian rescuer is seen working at the site of a missile attack in Kharkiv amid the Russian invasion of Ukraine in the image. Source link

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