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7 September 2026

Madrid tweaks shipbuilding support rules amid yard revival

Downunder Voices Newsroom

Source reporting: Splash247

Madrid tweaks shipbuilding support rules amid yard revival

Spain has widened the rules governing state-backed ship financing, allowing previously approved projects to amend their subsidy awards when construction contracts or financing structures change substantially before delivery. Royal Decree, which entered into force on September 4, plugs a gap left by revisions to Spain’s shipbuilding support framework introduced last year. Under the change, projects …

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7 September 2026

Samsung hits CMA CGM with $186m FMC claim

Samsung Electronics America is seeking at least $186m from CMA CGM in one of the largest shipper claims to emerge from the pandemic-era container crunch, accusing the French liner of imposing huge cargo charges while failing to complete prepaid inland deliveries in the US. The complaint, formally served by the Federal Maritime Commission this month, …

Source: Splash247Original source

7 September 2026

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7 September 2026

Weather tracker: Typhoon Saudel causes mass evacuations in south-east China

Torrential rain causes widespread damage; while north-west South Africa hit by thunderstorms and central-southern US faces oppressive heat Typhoon Saudel brought days of torrential rain to the Zhejiang, Jiangxi, Fujian and Guangdong provinces in south-east China last week. The city of Putian, in Fujian province, recorded 416. 5mm of rain in a 24-hour period between Thursday and Friday, with surrounding villages recording more than 500mm in the same period. In Fujian, authorities estimate that almost 600,000 people were evacuated from high-risk, flood-prone areas. A further 128,000 people in 53 counties were also affected across Jiangxi, with emergency evacuations affecting 9,000 people.

Source: The Guardian WorldOriginal source