UK Eyes Increased On-Shore Power For Shipping at British Ports

Shore power will be vital to decarbonizing the maritime sector, the government The BPA cited examples including the Port of Hamburg, where a 33.5 MW capacity project in 2022 would cost Eur76 million  ...

Japan’s LNG Stock Prices Fall Ahead Of Snowfall Forecast

METI does not have directly comparable data for the same week last year, but at the end of February 2021 stocks stood at 2.3 million mt. Stocks at end January 2021 stood at...

Oil Slides over 2% From 7-Year High

A deal could return more than 1 million barrels per day (bpd) of Iranian oil to the market, boosting global supply by about 1%. Both benchmarks, however, face extreme backwardation in the coming...

Flush With Cash, Maersk Expects To Repeat Record $24bn in 2022

In line with its updated guidance for 2021 issued last month the company reported an EBITDA of $24bn for 2021, nearly three times the $8.2bn EBITDA Maersk reported for 2020. Maersk’s revenues were up...

Perfecting A 500 Year Old Helicopter Design!

Aerospace Engineering student Austin Prete from the University of Maryland spent nearly two years perfecting a helicopter design that was sketched some 500 years ago. Prete had access to modern materials and did what...

How To Achieve The IMO’s Decarbonisation Goals?

The shipping industry has the ability to hit its international decarbonisation goals by following pathways identified by global experts, reports Ricardo. Large Scale deployment  A new evidence-based study outlines the need for large-scale deployment of new...

More Virulent HIV Strain discovered in Netherlands

A more aggressive HIV strain that could cause patients to develop AIDS twice as fast has been discovered in the Netherlands. Despite its strength, experts aren’t sounding the alarm, saying there is no health...

Virus Becomes Endemic It Doesn’t Mean ‘It’s Gone Away’

The Omicron wave of Covid-19 is nearly over in Scotland - but the pandemic is only halfway through, the national clinical director has warned, says an article published in BBC. Blueprint Prof Jason Leitch said Scotland...

Samsung Aims To Make New Devices Out Of Recycled Ocean Plastic

Samsung has emerged as the latest phone maker with plans to use materials that are already damaging the environment in its devices as reported by Samsung. Repurpose and utilize The company announced that it wishes to...

A New Analysis Looks At Ways To Reduce Carbon Footprint

Biofuels and Bio-LNG will be more expensive than other alternatives. Consultancy Ricardo has produced the new report on the shipping industry's decarbonisation pathways for OGCI and Concawe, it said in an emailed statement. ...