The End Of Russian Grand Prix Contract

Formula One has terminated its contract with the Russian Grand Prix official promoter Ano Rosgonki, it said in a statement Thursday, reports NBC News. Ending the contract “Formula 1 can confirm it has terminated its contract...

Fitch, Moody’s Slash Russia’s Sovereign Rating To Junk

Russia has unleashed an invasion of Ukraine after months of massing troops near its borders. The military action, ordered by Russian President Vladimir Putin on Feb. 24, amounts to a full-scale invasion, says Ukrainian...

Poor Air Quality Increase The Threat Posed By COVID

The World Health Organization has declared air pollution a major public health emergency. Breathing toxic air can lead to a compromised immune system and increased risk of chronic health conditions. People exposed to...

Permanent Solution For Rudder Cavitation Damage

Seaspan has, to date, applied Ecoshield to rudders and other running gear on over 65 vessels in their fleet. Over the last several years, the containership industry has focused on maximizing economies of...

Containership Orderbook Hits All Time High

The containership orderbook is about to hit an all-time high, elbowing out most other ship types, bar LNG, to take the lion’s share of building slots at leading yards across Asia, says an article...

China Prioritizing Commodities Supply As Disruptions Stemming From War

China’s top government officials have issued orders to prioritize energy and commodities supply security, sparked by concerns over disruptions stemming from the Ukraine-Russia war, says an article published in Financial Post. Ensuring supplies is a...

ExxonMobil Join Rivals In Ditching Russia

Following the footsteps of the European energy giants like BP, Shell, and Equinor, U.S. major ExxonMobil is also looking to exit its position from its projects in Russia following Vladimir Putin’s attack on Ukraine...

Zero-emission Hydrofoil Boxship Unveiled

Boundary Layer Technologies has announced it is working on a zero-emissions, fuel cell-powered hydrofoiling containership, called ARGO, which it plans to launch in Q3 2024, says an article published in Bunkerspot. AGRO ship In a statement...

France Fears ‘The Worst Is Ahead Of Us’

France has expressed fears that the worst phase of Russia's war on Ukraine could be yet to start, with key Ukrainian cities at risk of encirclement by Russian forces, reports the Local. Worst is ahead...

World’s First Large-Scale e-methanol Project To Fuel Maersk Fleets

Siemens Energy has secured an order from European Energy to deliver an electrolyzer plant for what is deemed as the world’s first large-scale commercial e-methanol project. The start of commercial methanol production is...