“No rock is an island,” atoll tale from Herbert Smith, a quote that stands out given the significance of Okinotorishima and its status under the international law of the sea.
In 1931, approximately 350 years after mariners of all stripes began passing by (or over, depending on the tide) a coral reef referred to through the ages as Parece Vela (“looks like a sail”) and Douglas Reef; the Japanese navy (seeing a hydroplane base where others had seen a sail, or less) claimed this unassuming atoll for Japan and named it “Okinotorishima.” Keep reading →
Asia is the world’s largest infrastructure market, with $4.1 trillion in power market spending expected over the coming decade, experts told industry participants and journalists at a recent quarterly power sector briefing held by infrastructure firm Black & Veatch. Keep reading →
An owner of 900 companies globally and 70 in the US, IT giant Hitachi has recently been increasingly focusing on smart grid technology and sustainable infrastructure development.
From fiscal years 2010-2012, Hitachi has dedicated 1.6 trillion yen (roughly $20.5 billion) to what it calls “social innovation business.” During that same period, the company has also dedicated 1.2 trillion yen to research and development in the social innovation business, according to Hitachi Director of Corporate Branding, Lauren Raguzin. Keep reading →