3 Million COVID Deaths Predicted By Mid-March!

50,000 to 300,000 more Americans may die of COVID-19 before the current surge ebbs in mid-March. New York is the third state to...

Reroute Major Shipping Lanes To Protect Blue Whales

Scientists and conservation groups are calling for one of the world’s busiest shipping lanes to be rerouted. On an average day the whales...

Despite Declining Key Metrics Serious Cases Persist

The number of serious hospitalized COVID cases decreased slightly. Out of these, 377 are in critical condition and 293 are on ventilators. It...

Risks & Benefits On Path To Green Hydrogen

Every mode of transportation is considering hydrogen and hydrogen-based fuels. Green hydrogen is produced using renewable electricity that powers electrolyzers to split water...

MOL Set World Records For Time & Distance In Autonomous Navigation

MOL together with its two group companies and the following consortium partners, announced the completion of a successful sea trial of autonomous sailing...

Increase In Oil Supply, Good News for Crude Tanker Owners

London-based shipbroker, Gibson, has suggested that the oil cartel’s decision to raise oil output by 400,000 barrels per day (bpd) from March could...

Top Companies Venture Into Solutions For Maritime Transport Of CO2

Aker Carbon Capture and Dan-Unity CO2 of Denmark have signed a collaboration agreement to develop flexible CO2 transport solutions. It aims to establish...

9.4% Rise In 2021 Container Volumes for DP World

Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes. Though growth rates moderated in the fourth quarter which...

Seaborne Trade To Grow By A Further 3.4% In 2022

Global seaborne trade volumes are back to pre-Covid levels and are on track to grow 3.4% this year, according to new data and...

Massive Surge In Profits, Major Container Giant Predicts

  COSCO Shipping Holdings Co., Ltd. (COSCO Shipping), one of the largest container carriers worldwide, forecast soaring profits in 2021 due to the tight...