OPINION: China’s cable strategy – exploring global undersea dominance

Since September 2016, China Telecom has replaced satellite stations on Fiery Cross Reef, Subi Reef and Mischief Reef in the Spratly Islands with 4G fibre-optic cable stations. Fibre-optic cables are much faster and much more stable than satellite systems. Installation began just two months after an arbitral tribunal in the Hague unanimously found against Chinese territorial claims in the South China Sea. The stations significantly strengthen China’s command and control capabilities in the South China Sea. Over the longer term, China’s cable strategy holds serious security implications for the US, Taiwan and the Asia–Pacific community.

COLUMN: A self-fu(el)filling prophecy? [The Bow Wave]

In my column in the August issue of this illustrious magazine I wrote about several of the promising ideas that had been presented at the Our Oceans Challenge in Rotterdam in June. This month I’d like to take one of the ideas that reached the finals, and propose a few modifications.

OPINION: Shipping must beware exposure to changing risk landscape

The third annual Shipping Risk Survey from Moore Stephens confirms that the effective management of risk within the industry has improved slightly over the past 12 months. But shipping still needs to up its game in terms of managing its exposure to risk, which is increasing and changing in nature, not least in terms of the threat posed by cyber security.

OPINION: Macroeconomics: Labour market tightens but inflation remains subdued around the globe

BIMCO reported in our previous macroeconomics report in April 2017 that monthly indicators were showing a strengthening in the global economy. The firm growth dynamics in advanced economies have now, four months later, had a cascade effect on some emerging markets and developing economies (EMDE). This solid growth has sparked an appetite for EMDE assets and indicates that the market expects a pickup.

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