18 Jun 2013

Maritime & Fishing

Banning, a bad idea

That's the message according to research released last week by Econometrix. The results show that a ban on alcohol advertising would cost nearly 12,000 jobs and almost R1.8bn in tax revenue.

The government has, as expected, dismissed the findings as one-sided etc, but one has to ask whether the full implications of banning alcohol advertising, Health Minister Aaron Motsoaledi's latest target, have been properly thought through.

Econometrix senior economist Rob Jeffrey said his research also revealed that there was no statistical relationship in South Africa between advertising expenditure and the consumption of alcohol.

Also on the government beat, the SA government wants an investigation into spy allegations made by a UK newspaper, which claims that SA delegates were among those who attended the 2009 Group 20 meeting who were put under surveillance.

The poorest of the poor are the first to suffer when food prices rise and now Agriculture, Forestry and Fisheries Minister Tina Joemat Pettersson says high prices are a threat to food security. Dead right - so what about doing whatever possible to not only keep commercial farmers on the land, stop landing them with wage bills they cannot sustain, and generally ensuring that we produce food here, rather than have to import it - because the latter will cost a great deal more.

You know you've always wanted one, and now is your chance to get your hands on one - a GoPro, that is... with accessories, with Bizcommunity.com. Just create or update your MyBiz Profile on Bizcommunity and win an awesome GoPro camera and accessories worth over R6,000!

Rod Baker, Content Director

Submit your company news to maritimenews@bizcommunity.com. Exclusive contributions may be sent to contributors-maritime@bizcommunity.com.

Weekly top stories

MBC invests in new vessel for SA
Cape Town-based black empowerment shipping company, Marine Bulk Carriers (MBC), has invested R300 million in an anchor handling tug and supply vessel. SA government has called for investment to rebuild the SA merchant marine, and MBC has responded by acquiring the new vessel which has been specifically built for SA conditions. Read more >>

Maritime & Fishing
Create/update your MyBiz Profile on Bizcommunity and win!
[Issued by Bizcommunity.com] Create or update your MyBiz Profile on Bizcommunity before 30 June 2013 and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000. The winner will be picked via a lucky draw and announced on 1 July 2013 on Biz, Facebook and Twitter. Read more >>  visit press office >>


Aquaculture
Minister announces investigation of SEZs for WC aquaculture
The Western Cape Government is looking into the establishment of Special Economic Zones (SEZs) to boost the local aquaculture industry. Read more >>


Marine Engineering
Samsung Heavy wins USD1.3bn order from Norway's Statoil
SEOUL: South Korean shipbuilder Samsung Heavy Industries said Wednesday, 12 June 2013, it had won a US$1.3 billion order to build two offshore drilling platforms for the Norwegian oil firm Statoil. Read more >>


Shipping
The cargo ship researching the pollution of its own industry
Shipping is one of the fastest growing sources of pollution in the world. But some research units and companies are waking up to the fact that the ships which plough the world's oceans every day, carrying goods between continents, may also be ideally placed to carry out research into the planet's changing climate. Read more >>

MBC invests in new vessel for SA
Cape Town-based black empowerment shipping company, Marine Bulk Carriers (MBC), has invested R300 million in an anchor handling tug and supply vessel. SA government has called for investment to rebuild the SA merchant marine, and MBC has responded by acquiring the new vessel which has been specifically built for SA conditions. Read more >>

RBCT helps 4.3m tons of coal leave SA
[Helmo Preuss] Richards Bay Coal Terminal (RBCT) - one of the world's largest leading coal export terminals - saw a 6% year-on-year (y/y) fall in tonnage shipped to 4.3m tons (Mt) after a 20.6% y/y surge to 6.2Mt in April. Read more >>


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2013 Biz Trends Report

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