from Photographers' Blog:
By Edgar Su
Singapore’s port is one of the busiest in the world and has long been a key part of the island’s economy. I took some time last year to document the shipping hub, and was surprised to see how closely life in Singapore is linked to it.
from The Observatory:
The Arctic is not under-covered. Some might even say the opposite is true. The polar bear has been “the poster child of climate change” for years, for instance, but communications experts worry that journalists’ fascination with the charismatic animal has made global warming seem like a distant problem and hindered public engagement. Reporters should localize climate-change coverage, these experts say, by focusing on energy use, public health, and other “backyard” angles.
By Christopher Swann and Quentin Webb
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.
TNT shareholders are waiting for a much bigger buyout package. There’s good reason for the Dutch parcel service to expect UPS, its American suitor, to sweeten its bid of 4.9 billion euros, or $6.3 billion, given the huge synergies that would probably result from the union. But with rivals FedEx and DHL inhibited in varying ways, TNT investors may not get the bidding war they’d like.
An obscure gauge of shipping costs rose to prominence in geeky macro circles during the financial crisis because its plunge provided a telling lead on the economic crash that unfolded in 2008 and 2009. Now, the Baltic Dry Index has again taken a nosedive, falling to its lowest level in more than two decades.
from Money on the markets:
[CROSSPOST blog: 2049 post: 28]
Original Post Text:
By Krishna N Das and Jonathan Saul
BANGALORE/LONDON, Feb 8 (Reuters) - Dry cargo shippers with smaller vessels are shifting to more-risk, more-reward spot markets, eyeing rising demand for sugar and grains -- commodities well suited to versatile supramax and handysize ships.