Ineffective Monitoring By Bridge Crew Led To $17M in Damage
NTSB issued an investigation report on the collision of the ‘Cargo Vessel’ and ‘Bulk Carrier’ on the Lower Mississippi River in May 2020. The investigation stressed poor monitoring by cargo vessel crew as the...
Oil Product Stockpiles Rises Consistently, Says Data
All categories show gains for week to Nov. 8.
Total inventories down 1.9% in past year.
Heavy distillates total rises to 10.501 mil barrels.
A Platts news source says that oil product stockpiles see...
Western Australian Lower Carbon Projects Attract Huge Investments
Chevron Australia, as operator of the Gorgon Project, today announced an AUD$40 million investment in Western Australian lower carbon projects.
The investment is part of an offsets package Chevron will implement to address...
Wan Hai Lines’ Strategy Could Lead To Better Revenues
Wan Hai Lines has begun diverting ships from its Asia-US west coast service to its core intra-Asia services after severe congestion in Californian ports affected its sailing schedules.
Ships were waiting 28 days...
Easing Prices A Consolation in Global Container Shortage Crisis
Box port congestion has been growing in Asia and Europe – but in a positive move, container prices in China have dropped.
Northern Europe has also seen an increase in the number of...
Why Dry Bulk Freight Rates Across Vessel Segments Have Fallen?
China coal imports slowing.
Traders hold back on falling iron ore, coal prices.
A recent news article published in the Platts says that Asia's dry bulk pounded by easing congestion, falling commodity prices.
Dry bulk...
Scientists Opens A New Frontier Of Exploration In The Arctic
HACON project, a group of over two dozen scientists and engineers used an underwater robot to successfully explore a cryptic ocean world.
On Earth, these active vent fields are profoundly rare realms.
The...
Travel Destinations To Avoid During COVID
The Centers for Disease Control and Prevention on Monday moved the Netherlands, Cayman Islands, Luxembourg and Faroe Islands into its "Level 4" travel advisory, which includes destinations it considers to have "very high"...
Decarbonization Campaign Discloses New Partnership
The initial partners of the initiative are Bugaboo, Cocoasource, DHL Global Forwarding, Dille & Kamille, Dopper, Geelen Counterflow, Lenzing, Loods5, Lush, Matsen Chemie, Nine & Co, Regent Ingredients, Samskip, Sipsmith, Tony’s Chocolonely, YOGI...
The Reason Behind Visual Effects Studio Sale Deal
Weta, which was co-founded by Sir Peter in 1993, is known for creating animated characters such as Avatar's Neyriti, Gollum in the Lord of the Rings film series and Caesar from Planet of...