Yearly Archives: 2021
Passenger Traffic Harmed By Quarantine Laws
Hong Kong flag carrier Cathay Pacific carried 70,047 passengers in November, up 85.2% year on year, but down 97.3% compared with the pre-pandemic...
Toward Faster Development Of Safer Autonomous Ships
Establishment of a Development Platform for an Automatic Navigation System and Development of Element Technologies for the Automatic Navigation System.
Autonomous ships, which...
Omicron Threatens Crude Oil Futures, Reports OPEC
Crude oil futures declined in mid-morning trade in Asia Dec. 14, as recent reports showing a growing impact from the COVID-19 omicron variant threat...
Danish Shipping Giant Unveils Design Of Next-Gen Methanol-Powered Container Vessels
Danish container shipping giant Maersk has uveiled the design of its next-generation large container vessels powered by carbon-neutral methanol, says an article published in...
Ocean Yield To Invest in Tankers
Ocean Yield is investing in two modern LR2 product tankers, STI Gallantry and STI Guard, with 10-year bareboat charters to Scorpio Tankers with purchase obligations at the...
How Amazon is Dealing The Supply Chain Crisis Efficiently?
E-commerce Amazon remains largely unaffected by the global supply chain crisis as it is increasingly taking control of the entire supply chain, City A.M.
Builds...
SCMA Launches The Fourth Edition Of Its Rules
On 1 December 2021, the Singapore Chamber of Maritime Arbitration (SCMA), Singapore’s bespoke maritime arbitration body, launched the fourth edition of its arbitration...
Taylor Maritime Buys $77.9m Stake
Taylor Maritime Investments Ltd. said Monday that it will acquire a 22.6% stake in Grindrod Shipping Holdings Ltd. for $77.9 million, reports Market Watch.
About...
US Wans Millions of Internet Connected Devices at Risk
Hundreds of millions of devices around the world could be exposed to a newly revealed software vulnerability, as a senior Biden administration cyber official...
HMM Containership To Conduct A Bio-Heavy Oil Test
HMM, a South Korean shipping business, has bunkered a containership using sustainable marine bio-heavy oil, kicking off an offshore empirical test as reported by...