World’s Largest Ethane Carrier Named

London-headquartered global chemical company Ineos has named the world’s first 99,000-cubic-meter VLEC in a ceremony held in Houston. The 230-meter long ABS-classed ship is named Pacific Ineos Belstaff, after the Belstaff clothing brand,...

This Teen Covid Vaccine Does Not Have Any Side Effects!

Novavax Inc (NVAX.O) said on Thursday its two-dose vaccine was 80% effective against COVID-19 in a late-stage trial testing the shot in teens aged 12 to 17 years, reports Reuters. About the trial The trial involved...

Container Ship Protected By Selektope

Swedish biotechnology company I-Tech AB, developers of the antifouling agent, Selektope®, have welcomed outstanding five-year performance results achieved on a container vessel. The hull of the 8.900 TEU containership was coated in March...

EPS Invest In Nine Tech Start-Ups

Eastern Pacific Shipping (EPS) is investing in nine tech start-ups. The accelerator started in 2019 and EPS has invested in 18 start-ups to date through the programme. The seven new start-ups EPS has...

Joint Venture Combines Bawat BWT Technology With US Venture Capital

Joint venture combines Bawat’s Danish ballast water treatment technology with US venture capital to provide shipowners with a portside alternative. Philadelphia-based venture builder, Green Swan Partners and the Texas-based ballast water reception company,...

$6trn Effort For Decarbonization in Shipping Industry

The cost estimates were included in Ricardo Energy & Environment’s report on Technological, Operational and Energy Pathways for Maritime Transport to Reduce Emissions Towards 2050 for OGCI/Concawe. The 250-page report explored the future...

Higher Vaccine Sales Even As COVID Boost Wanes

AstraZeneca has started earning a modest profit on the vaccine. with sales of $3.9 billion, was AstraZeneca's second best-selling product last year, behind only lung cancer drug Tagrisso. The company beat fourth-quarter earnings...

Soda Can-Sized Battery To Reduce The Production Cost

Elon Musk announced a revolutionary battery design that measured no larger than a soda can. Musk revealed he was in discussions with the company's existing supplier, Panasonic, to source the battery but the...

Amidst Russian Gas Concerns, Japan Diverts Extra LNG To Europe

The move is intended to help address fears that Russia might turn off the taps on Europe's natural gas supply in the event of an invasion of Ukraine.  Some of these contracted volumes...

This Sea Becomes The Worst Plastic-Polluted Seas On Earth

  According to a recent World Wide Fund (WWF) for Nature report, the Mediterranean Sea has become one of the worst plastic-polluted seas on Earth. The massive accumulation of microplastics has a serious impact on...