DNV GL Launches Artificial Intelligence Research Program

DNV GL launches AI team for the betterment of the customers in all industries. The AI is likely to build intelligent solutions, apply for real-world impact and create benefits to customers across sectors. ...

Global Trade Crisis Looms As Crew Change Crisis Deepens

Watching the growing threat to global trade from the stranded-crew crisis is like watching a train wreck in slow motion — and the governments of the world still don’t see it coming. A...

Lesser Blank-sailings in Trans-Pacific Implies Positive Trend in Q3

Fewer trans-Pacific sailings will be “blanked” (canceled) in the third quarter — potentially many fewer — as U.S. importers recuperate from the first COVID-19 wave more quickly than expected. Blank-sailing data has proved to...

21% Drop in Panama Canal Crossings Amid COVID19 Pandemic

Panama canal reported a 21% drop in crossings amid pandemic with 260 cancellations of crossings, reports APNews. Slashed economic activity The coronavirus pandemic has hurt international trade and economic activity around the globe. The Panama Canal reported...

[Watch] Building The Most Powerful Otto Cycle Engine

Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of...

Do Not Increase the Risk of the Next Pandemic! Warns UN, WHO and WWF

According to the UN and WHO, pandemics result from humanity’s destruction of nature, reports The Guardian. Experts from the UN, WHO and WWF International call for legislation and trade deals worldwide to encourage green recovery. Ignored...

Future of Box Terminals Look Bleak Ahead of Q2 Results

Expansion plans and capital spending have been put on hold by container terminal operators. Volumes and share prices remain slashed and a resulting hit to their balance sheets. The first quarter saw world...

COVID19 Second Wave Will Be Devastating for Global Shipping

OECD predicts that heavy damage to trade and global economies is inescapable. The loss of income will exceed that of any previous recession over the last 100 years outside of wartime. The OECD...

World’s First Crewless Ship To Launch Trial Runs

Weathernews has been selected as a member of DFFAS Project. 22 domestic companies will collaborate on the Joint Technological Development Programme. It is for Demonstration of Unmanned Ships administered by the Nippon Foundation. ...

Port Authorities Board Cruise Ships Amid Fears of Crew Welfare

British port authorities have boarded six cruise ships anchored near London and Bristol. This has raised serious concerns over the welfare of almost 1,500 crew stranded due to COVID-19. The Astoria has been...