300 Container Vessels Laying Idle Outside Ports But Maersk’s Profit Skyrockets
CEO says 300 container vessels unable to offload at ports.
Points to shortage of truck drivers.
Profit boosted by record freight rates.
Expects demand growth to slow next year.
A recent news article published...
China, US Ink Largest Long-term LNG Contract
China's Sinopec has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years, reports Reuters.
20 year LNG contract
China Petroleum & Chemical Corporation...
Renting A Containership Has Become Cheaper At Just $125,000/day
A high-profile corner of the container-ship charter market has taken “a dive,” according to Alphaliner.
Small and medium-size vessels taken for short, multimonth rentals at mind-bogglingly high rates.
There is a connection between...
This Headband Affirms To Enhance Output
Emma Baumert admits that when she first put on the high-tech headband she felt silly.
As a stressed brain gives off more waves or signals, due to increased electrical activity, the idea is,...
How Safe is Maritime for Female Seafarers?
The horrific experiences of sexual assault endured on board a vessel while attending the U.S. Merchant Marine Academy.
Women made up just 1.28% of the overall global seafaring workforce, and just 0.73% of...
Major Ocean Carriers on Course To Record High Profit
With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts, reports The LoadStar.
Increase in profits
A third of the...
Does Meta Guarantee Protection for Its User’s Biometric Data?
Meta, the company formerly known as Facebook, on Tuesday announced it will be putting an end to its face recognition system.
The company said it will delete more than 1 billion people’s individual...
This Country With “Highest Vaccination Rate” Up On Spotlight
The highly contagious Alpha variant was first detected there, and the country then reported high caseloads of the more-contagious Delta strain.
The United Kingdom was hit by three million infections between July and...
UK Becomes the First Country To Approve Antiviral COVID-19 Pill
UK approval for molnupiravir comes ahead of U.S. decision
UK and NHS to confirm deployment plans in due course
UK secured just under half a million courses last month
Drug will be given...
Survitec Acquired Blue Anchor, A Leading Survival Solution Providers
Survitec has completed the acquisition of Blue Anchor Fire & Safety Ltd, one of Scotland’s leading providers of survival solutions providers to the fisheries, maritime.
The company has achieved year-on-year growth since it...