Why Cars, Laptops And Phones Are In Short Supply?

There is a global shortage in supply of semiconductor chips, or computer chips, which is a crucial piece of technology that powers everything from our smartphones to cars. This has resulted in companies...

Twelve European Football Clubs Announce Launch of Disputed Super League

Twelve of Europe's top soccer clubs have announced plans to form a so-called European super league, says an article on CNN. A move that looks set to rock the foundations of the sport's top competitions,...

Oldendorff Fleet Acquires 4 New Vessels

Earlier this year Oldendorff Carriers ordered two 61 300 Ultramax new-builds for delivery July 2022 and acquired two 93 000 DWT Post-panamaxes in separate transactions, reports Dry Bulk Magazine. The UltramaxesThe 61 300 Ultramaxes will...

The Titanic Compared To A Modern Cruise Ship

When the Titanic was completed on April 2, 1912, it was the largest and perhaps most luxurious ship in the world. The vessel could hold over 3,300 people including crew members, and boasted various amenities...

Event At A $2 Billion Vessel Launch Causes Controversy

Facing rising competition throughout the Indo-Pacific and reminded that its mission is to use “lethal force”, the Australian navy’s decision to hire a group of twerking dancers for the commissioning of a naval vessel...

The Scope For Decarbonization In Developing Economies

 The World Bank today published new research on decarbonizing the maritime transport sector with findings that indicate significant business and development opportunities for countries, including for developing and emerging economies, reports World Bank. Zero-carbon fuels To...

Want To Know About Vaccine Passports Around The World?

Several countries, non-governmental organisations and private corporations have announced plans to introduce a system of Covid immunisation certificates. The main purpose is to facilitate travel called vaccine passports. The verification process typically involves...

Huge Container Order Combating The Box Shortage

 150,000 TEU of new dry and reefer boxes plus 8,000 TEU of special containers / Delivery in 2021 to help alleviate current container shortage / Approx. USD 550 million investment one of largest for...

Order Book Of VLOCs Dwindles Away This Year

The VLOCs list of buy and sell orders seems to gradually decrease. 14 VLOCs are scheduled for handover this year, marking the first time annual deliveries have fallen below 25 ships in four years.The...

Requirements for Shipping Sector’s Decarbonization Plans

The maritime industry will need to invest around $3.4 trillion in the next 30 years to replace the existing fleet in line with the shipping sector’s decarbonization plans, reports offshore energy. Top Analyst Projection The projection...