Why Did China Crush Its Tech Giants?
after years of breakneck growth at the likes of Alibaba and ByteDance, China is pulling ranks on its own Big Tech darlings
Chinese tech giants exploited legal grey areas
they maintained a work...
[Watch] Cost of Low Carbon Fuels Hampers Path To Decarbonization
The biggest challenge facing the global shipping industry in reducing carbon emissions is the higher price of low carbon fuel alternatives compared to heavy fuel oil, Roel Hoenders, Head of Air Pollution and Energy...
Asia’s Crude Oil Imports Set To Decline In September
Asia's crude oil imports set for soft September
world’s top-importing region continues to lag the demand recovery in other parts of the world
seaborne imports in Asia are expected to decline to 31.71...
IMO Progresses GHG Life Cycle Guidelines
IMO progresses GHG life cycle guidelines
ISWG-GHG 9, discussed a number of submissions by the Member States and international organizations, including proposed lifecycle guidelines
low and zero-carbon fuels will be needed to decarbonize...
AI Technology For Accurate Prediction of Vessel Collision Risks
Fujitsu announced the introduction of a highly-accurate AI technology to predict vessel collision risks.
Field trials of the technology were conducted at the Tokyo Wan Vessel Traffic Service Center under an outsourcing contract...
Piracy, Other High Seas Crimes Rise
Recurring incidents of armed robbery against ships in Manila Bay have prompted ReCAAP ISC to warn crews to exercise extra vigilance .
According to ReCAAP ISC, a total of 11 incidents of armed...
Is Trade Amid Pandemic Straining Supply Chains?
the global shipping industry did not have enough infrastructure and emergency preparedness to deal with the impact of COVID-19
container prices soared to their all-time high
the slow return of empty containers also...
Avance Gas Secure Three Time Charter Agreements
Avance gas holding ltd enter into three-time charter agreements
for a period of 2 years at an average hire level of approximately $30,000 per day net to owners
for the vessels 2008-built VLGC...
Oil Goes Past $80 for First Time in 3 Years
Oil prices climbed above $80 (£59) a barrel, hitting their highest level in three years as the pound slumped.
Brent crude, the international benchmark, rose to as much as $80.69 on the day,...
NYK Sign MoU for Discussions On Ship-To-Ship LNG Bunkering
Itochu Enex Co., Kyushu Electric Power Company, Saibu Gas Co. and NYK Line have signed a memorandum of understanding (MoU) for joint discussions on the commercialisation of a new business to supply marine LNG,...