China To Become The World’s Largest Economy!

This chart shows how China will soar past the U.S. to become the world’s largest economy by 2030. Meanwhile, the total GDP of the global economy is predicted to double between 2022 and 2035,...

No Room for Complacency In Meeting the Decarbonization Goal

LNG as marine fuel offers a 'good solution' Public-private investments, regulatory certainty, technology imperative Innovation key to aid abatement A recently published Platts news source says that shipping should not wait for a silver...

What Is The LifeSpan of Omicron?

A study out of Japan this month indicates you might need more time than CDC’s current patient isolation time for omicron to become undetectable, reports kxan. About the recent study  A study out of Japan this...

Container Shipping Stocks, Marine Financial Insight

In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container ship demand largely due to power shortages in China. Moreover, the risk of a cost-push...

Inmarsat Partners With RLTT To Deliver IoT Services

RLTT will use Inmarsat’s ELERA enabled satellite services - IsatData Pro and BGAN - to provide real-time infrastructure monitoring. Inmarsat, the world leader in global, mobile satellite communications, today announced a new distribution...

MMEA Detains 2 Vessels Over Illegal Anchoring

The Johor division of Malaysia Maritime Enforcement Agency (MMEA) recently detained two vessels, both over alleged illegal anchoring offences, reports Manifold Times. Detention of oil tanker Johor Malaysian Maritime Director, First Maritime Admiral Nurul Hizam Zakaria,...

[Infographic] Insufficient Lithium Supply Slows Energy Transition

Lithium is a key raw material for electric vehicles and energy storage systems, but the lack of investment in new supply in previous years might generate a structural deficit throughout this decade, reports Platts...

ONE Boosts 2021 Profit Forecast By 31%

Ocean Network Express (ONE) has boosted its profit forecast for the 2021 financial year by 31%, reports Seatrade Maritime News. $4.9bn net profit for Q3 2021 ONE reported a $4.9bn net profit for the third quarter...

Bulk Carrier on Fire

A Denmark-flagged bulk carrier has suffered a cargo hold fire at the Southampton Bulk Terminal, the United Kingdom, reports Offshore Energy. Fire in the cargo holds The fire erupted in one of the cargo holds on...

Stormy Weather Causes Freighter Collision, Crew Evacuated

Rescue helicopters evacuated all 18 crew members from a ship that was left drifting rudderless in a wind turbine park off the Dutch North Sea coast Monday after it collided with another ship and...