A similar fate is being pushed by Brussels on a set of Polish shipyards, which lose money on every ship they build (quite an achievement, during the recent shipping boom).
The backer who contacted TechCrunch said updates about Lockitron's most recent shipping delays have also been few and far between — with info only forthcoming when he reached out directly to a company support email to ask where his stuff was.
The most recent ships discovered date back to the 17th century.
In view of the low margins generated in shipping in recent years, shipping companies have become more risk averse and hence may be prepared to pay a premium for such lower-risk low-sulphur fuels.
"In its rise and fall, Ireland made Icarus look boringly stable," writes Fintan O'Toole in his recent book, Ship of Fools.
We've already seen some of the most recent iMacs ship with an "Assembled in U.S.A".
Even if safety in the shipping industry improved significantly over the last decades, by novel design and construction techniques, driven by technological, cultural and regulation improvements, recent passenger ship accidents emphasized that significant safety challenges still remain.
