Can AI-Powered Port Prevent Ship Collisions Better Than Humans?
In 2019, Fujitsu and the Japan Coast Guard successfully proved the effectiveness of AI in preventing collisions between vessels.
Technology using Fujitisu’s Zinrai AI system can detect near misses between ships and also...
Cruise Lines Donate Computing Power To Find a Cure for COVID-19!
Bahamas Paradise Cruise Line dedicates its unused computing power to the Folding@Home Project (FAH).
FAH is a distributed computing service that helps researchers simulate protein folding and movement in diseases like COVID-19.
This...
COVID-19 Vaccines: Scientists Elucidate Eight Ways To Provide Immunity!
More than 90 vaccines are being developed against SARS-CoV-2 by research teams.
Researchers are trialling different technologies, some of which haven’t been used in a licensed vaccine before.
At least six groups have...
Recycling Regulations To Govern Non-EU Flagged Vessels!
Since the beginning of 2019, the EU has had its own set of rules for ship recycling.
The rules may even influence shipowners not using an EU flag.
The Regulation lays down requirements...
EU To Strike ‘Green Deal’ To Curb Subsidies on Fossil Fuels
EU Energy Commissioner is keen to make a Green Deal part of COVID-19 recovery plan.
The cost of subsidies for electric vehicles is characterized as giveaways.
EU is eyeing the €200 billion as...
Energy Storage Increases To Combat the Use of Fossil Fuels
Low-cost renewables are creeping into the gas territory due to falling costs for energy storage.
BNEF's new report does not reflect the longer-term impact of the economic crash.
The US engaged to help...
Crude Market Have Their ‘Options Open!’ Amidst Coronavirus Pandemic: Podcast
Coronavirus pandemic has resulted in an unprecedented demand destruction in Asia.
Commodity trends in the country seem to be showing signs of recovery despite the outbreak.
S&P Global Platts editor Avantika Ramesh and analysts...
Aframax and Dirty Tankers Opt for Clean-up To Increase Earnings
Aframaxes and dirty tankers are cleaning up to store and move refined products.
20 such tankers including those controlled by the pool have either cleaned up.
Other companies are exploring the possibility of...
Plasma Donated from COVID-19 Victims Can Save Lives of Others!
Plasma from people who have had COVID-19 could save the lives of others.
Plasma extracted from blood can be used and put into someone else.
This will help their system develop the antibodies...
Big Crude Oil Futures in a Whopping $726 M Unrealized Losses!
The United States Oil Fund was sitting on more than $700 million in unrealized losses at the end of March.
USO also booked actual realized losses of $466.4 million during March.
Several weeks...