Word: ship
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Dates: during 2000-2009
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...pirates are at it again - and with the same ship. Last April, they took over the Maersk Alabama off Somalia and held the ship's skipper, Capt. Richard Phillips, hostage for five days. The U.S. Navy rescued Phillips after SEAL snipers killed three of the pirates and took a fourth into custody...
...time, however, the crew aboard the Maersk Alabama had a brand new line of defense: a Long Range Acoustic Device (LRAD). It's a $30,000 loudspeaker that is used to first verbally warn an approaching vessel that it is getting too close. If the intruder continues towards the ship, the LRAD can be cranked up, generating a painful high-pitched screech that can be aimed at the approaching vessel.(See photos of dramatic pirate-hostage rescues...
...trade barriers that impedes commerce. A model to emulate would be the establishment of the E.U., which made it far easier for companies to import and export their goods within Europe, says HSBC's Webb. Establishing a common Asian currency similar to the euro would allow companies to ship goods or arrange credit with less exposure to currency risk. "A barrier to trade over the last year in Asia has been fluctuating currencies," Webb says. "For a small- to medium-sized business, it could mean the difference between profit and loss...
TOIVO ILVONEN, project manager for the world's largest cruise ship, Oasis of the Seas, which had to lower its smokestacks to squeeze under a bridge on its maiden voyage to its home port...
...tailspin. The U.S. bombing of the Chinese embassy in Belgrade in 1999 and the collision of a U.S. spy plane with a Chinese fighter near China's southern Hainan Island in 2001 both sharply increased tensions between the two sides. This March, Chinese vessels confronted a U.S. Navy surveillance ship that was surveying an area about 75 miles off Hainan, an area many nations consider international waters but China claims as part of its exclusive economic zone. U.S. military officials said that standoff was a sign of increasing aggressiveness by the Chinese military...