How AI Is Automating Navigating Systems?
AI will bring considerable benefits to ship navigation.
For AI to be effective, it needs to pass the Turing test to demonstrate the computer can act like a human.
There are many challenges...
Excess Bunker Claims Garner Penalties and Criminal Proceedings
A recent news article published in the standard club states that fines for excess bunker in Turkiye.
Excess bunker claims
The club has seen an increase in 'excess bunker' claims in Turkiye in recent months, causing...
Stronger Collaboration Essential On Origin Of COVID-19
Chinese Premier Li Keqiang is seen on a screen during a news conference held via video link, following the closing session of the National People's Congress (NPC) in Beijing, China March 11, 2021.
...
Energy Sector’s Shows No Signs Of Slowing Down
The energy sector's bull run shows no signs of slowing down.
The energy sector's favorite benchmark, Energy Select Sector SPDR ETF (XLE), is now up 23.0% year-to-date vs. -4.6% return by the S&P...
EU Beginning To Grasp Realities Of Shipping
The recent proposal by MEP Peter Liese to update Amendment 9 of the EU emissions trading system (ETS) draft.
This recognition that often the shipping company is not the commercial entity controlling the...
Moderna Vaccine Receives Complete Validation From CDC
The US Centers for Disease Control and Prevention (CDC) director has signed off on the US Food and Drug Administration's (FDA) complete approval of Moderna Inc's (MRNA.O) COVID-19 vaccination for people aged 18 and...
Carnival Cruise Line Looks To Retire 2 More Oldest Vessels
Continuing with the plan to shed older and less productive tonnage, Carnival Cruise Line announced plans to retire its two oldest cruise ships. Dating to the early 1990s, the 70,000 gross ton sister ships, Carnival...
Asia-Europe Container Rates Uncertain
Ocean carriers fear that fiscal policies designed to stem inflationary pressures in Europe will weaken consumer appetite for non-essential goods, and are preparing to react quickly to adjust capacity.
Container spot rates from...
Dicey Tanker Rates, Analysts Slash Rate Forecasts
How low can tankers go? Analysts slash rate forecasts (again), writes Greg Miller for Freight Waves.
Tanker rates dicey
Tanker owner: Light at end of tunnel ‘feels more like a truck coming toward you’
The outlook for...
Talks On Ageing Tanker Receives Appreciation From UN
Dubai (AFP) – The UN's humanitarian coordinator for war-torn Yemen said he held constructive talks with government officials and Huthi rebels.
It is about dealing with the threat posed by a rusting oil tanker...