Major Ocean Carriers on Course To Record High Profit
With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts, reports The LoadStar.
Increase in profits
A third of the...
Does Meta Guarantee Protection for Its User’s Biometric Data?
Meta, the company formerly known as Facebook, on Tuesday announced it will be putting an end to its face recognition system.
The company said it will delete more than 1 billion people’s individual...
This Country With “Highest Vaccination Rate” Up On Spotlight
The highly contagious Alpha variant was first detected there, and the country then reported high caseloads of the more-contagious Delta strain.
The United Kingdom was hit by three million infections between July and...
UK Becomes the First Country To Approve Antiviral COVID-19 Pill
UK approval for molnupiravir comes ahead of U.S. decision
UK and NHS to confirm deployment plans in due course
UK secured just under half a million courses last month
Drug will be given...
Survitec Acquired Blue Anchor, A Leading Survival Solution Providers
Survitec has completed the acquisition of Blue Anchor Fire & Safety Ltd, one of Scotland’s leading providers of survival solutions providers to the fisheries, maritime.
The company has achieved year-on-year growth since it...
MOL To Develop Ammonia-fueled Ammonia Ships
Mitsui OSK Lines has announced an agreement on the joint development of a large-size ammonia carrier—also powered by ammonia fuel—with Namura Shipbuilding and Mitsubishi Shipbuilding.
MOL is determined to start operating net zero...
GEV Bags ABS Approval for Handymax Hydrogen Carrier Design
Global Energy Ventures (GEV) has secured ABS approval for compressed hydrogen carrier design with a 430-tonne cargo capacity.
ABS granted the AiP following a review of GEV’s design in accordance with the ABS...
Abuses in Shipping Anticipated Amid Supply Chain Woes, Says US Regulator
Some ocean carriers have improperly charged importers, considered one of many components driving provide chain woes.
The present mess is essentially pushed by a demand surge.
The demand surge has induced unprecedented bottlenecks...
Crew Change Crisis Prevail Despite Surging Vaccine Rates
New national lockdowns, an increase in flight cancelations, travel restrictions, and increasingly strict crew change requirements, especially in Asia, are preventing seafarers from going back home after completing their contracts. This is despite a...
Will Metaverse be in A Cleft Stick?
Mark Zuckerberg’s opening keynote at the recent Facebook event (now called Meta) was a sight to behold.
According to Zuckerberg, we’d be able to work, live and play in this new universe, and...