Reroute Major Shipping Lanes To Protect Blue Whales
Scientists and conservation groups are calling for one of the world’s busiest shipping lanes to be rerouted.
On an average day the whales face off against a relentless barrage of about 200 ships.
...
Despite Declining Key Metrics Serious Cases Persist
The number of serious hospitalized COVID cases decreased slightly.
Out of these, 377 are in critical condition and 293 are on ventilators.
It has been steadily decreasing since early January.
According to research, only...
Risks & Benefits On Path To Green Hydrogen
Every mode of transportation is considering hydrogen and hydrogen-based fuels.
Green hydrogen is produced using renewable electricity that powers electrolyzers to split water into hydrogen and oxygen.
Blue fuels such as blue hydrogen...
MOL Set World Records For Time & Distance In Autonomous Navigation
MOL together with its two group companies and the following consortium partners, announced the completion of a successful sea trial of autonomous sailing using a large commercial coastal car ferry.
The trial was...
Increase In Oil Supply, Good News for Crude Tanker Owners
London-based shipbroker, Gibson, has suggested that the oil cartel’s decision to raise oil output by 400,000 barrels per day (bpd) from March could be good news for crude tanker owners.
The International Energy...
Top Companies Venture Into Solutions For Maritime Transport Of CO2
Aker Carbon Capture and Dan-Unity CO2 of Denmark have signed a collaboration agreement to develop flexible CO2 transport solutions.
It aims to establish a full carbon capture, utilization and storage (CCUS) value chain.
A...
9.4% Rise In 2021 Container Volumes for DP World
Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes.
Though growth rates moderated in the fourth quarter which the Dubai state company said was expected due to the...
Seaborne Trade To Grow By A Further 3.4% In 2022
Global seaborne trade volumes are back to pre-Covid levels and are on track to grow 3.4% this year, according to new data and forecasts from Clarkson Research Services.
The amount of goods shipped...
Massive Surge In Profits, Major Container Giant Predicts
COSCO Shipping Holdings Co., Ltd. (COSCO Shipping), one of the largest container carriers worldwide, forecast soaring profits in 2021 due to the tight supply of containers amid the pandemic.
Net profit attributable to...
Caution Necessary for Deceptive Practices To Avoid Sanctions
Since 2010, considerable sanctions activity has been directed at shipping and its supporting industries, and the American Club draws operators’ attention to some of the recent deceptive practices employed by parties that breach the...