Joint Development Zone News Today

Always hungry for natural resources, the whole of Korea went crazy with the No. 1 hit song “Block 7” in 1980. I was glued to the TV when that song was aired. The song was written after the Korea-Japan Continental Shelf Agreement, which was signed in January 1974, and which came into effect in June 1978 with a 50-year validity. That craze drove all Koreans to be hopeful of an oil-producing Korea, especially after the two oil shocks of the 1970s.

A failure of the United States, South Korea, and Japan to engage in productive discussion regarding the Korea-Japan Continental Shelf Agreement will allow China to gain more influence in a crucial section of the Indo-Pacific.

Nigerian Navy Ship NNS Gongola has intercepted and rescued Motor Tanker (MT) Monjasa Reformer with 10 of 16 its crew members.

The Nigerian Navy (NN) says it has intercepted and rescued Motor Tanker (MT) MONJASA REFORMER with 10 crew off the Island of Principe at about 04:00 am on March 31. The Director of Information, Nigerian Navy, Commodore Adedotun Ayo-Vaughan, made this known in a statement on Tuesday in Abuja. Ayo-Vaughan said MT MONJASA REFORMER with

The Nigerian Navy (NN) says it has intercepted and rescued Motor Tanker (MT) MONJASA REFORMER with 10 crew off the Island of Principe at about 04:00 am on March 31.

Nigerian Navy recover hijacked Motor Tanker (MT) MONJASA REFORMER, rescue 10 out of 16 crew members abducted by pirates

As far as maritime flashpoints in the Asia-Pacific go, don’t sleep on the potential expiration of the JDZ between Japan and South Korea.

Exploration is back in Africa, spurred on by big finds and high prices, with seismic activity on the rise and rigs squeezed.