Sailing

Team Brunel and Dongfeng battle for the lead as…

Volvo Ocean Race

Auckland to Itajaí, Brazil – Leg 7 The battle for victory in Leg 7 of the Volvo Ocean Race took a new twist on Friday as Dongfeng Race Team moved to within striking distance of long-term stage leaders Team Brunel. Bouwe Bekking's Brunel has seen their lead of 80 miles in the Southern Ocean and more than 30 miles at Cape Horn slashed to just 2.8 miles at 1300 UTC as Dongfeng pile on the pressure in the Atlantic.

The teams might have been hoping the weather gods would go easier on them in the South Atlantic following one of the most testing Southern Ocean passages the race has seen in recent history, but their wishes have yet to be granted. Read more “Team Brunel and Dongfeng battle for the lead as Vestas 11th Hour Racing arrive in Falklands”

Buisness

Daisy-Picking

She loves me? She loves me not? She loves me? She loves me not? Usually while contemplating the answer to these questions, a daisy’s petals are being picked. The question has a binary answer – and hopefully the right one. Now if you’re into binary decisions and if it’s Mother Nature you’re talking about, the questions are more likely: Bitter cold? Extraordinary heat? Or maybe: Drought? Flooding rains? Read more “Daisy-Picking”

Buisness

Report: Beijing Gives Approval for CSSC-CSIC Merger

On Friday, persistent rumors of a merger between the Chinese government's two shipbuilding giants gained new strength. Bloomberg reports that China's state council has given its preliminary approval for China Shipbuilding Industry Corp. (CSSC) to rejoin China State Shipbuilding Corp. (CSSC), two decades after it split the two apart in a broad shakeup of China's state-owned enterprises. The Chinese government, CSSC and CSIC have all declined to officially confirm the news. Read more “Report: Beijing Gives Approval for CSSC-CSIC Merger”