Energy major BP saw its profit soar in the third quarter of 2021 when compared to the same period last year. Underlying replacement cost profit was $3.3 billion, compared with $2.8 billion for...

Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings. Revenue grew 68 per cent to $16.6 billion in Q3 2021 from $9.9 billion posted in the corresponding...

Dalian-made ship to become world’s largest LNG-fueled VLCC, following Beijing’s call to reduce carbon emissions, reports CGTN. About the LNG powered Large Crude Carrier Following Beijing’s call to reduce carbon emissions, the traditionally emissions-heavy ship-building industry...

Demand is expected to increase for the carbon-efficient form of waterborne transportation The christening of the vessel, another maritime tradition, will take place in June 2022 in Cleveland, home of the ship’s owner,...

Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero by 2050, a target to be fleshed out in negotiations...

People wear masks on Broadway in New York City last month. England, in spite of a stubborn surge in cases since the summer, no longer requires people to cover their faces anywhere. Mask...

Facebook to file a lawsuit against a Ukrainian programmer for allegedly scraping and selling publicly accessible information from millions of Facebook users as reported by USA Today.  An Alarming Incident Facebook is suing a Ukrainian programmer...

China's government has urged citizens to stock up on daily necessities. The government last year launched a national campaign to curb food waste. More than 38,000 people were tested as a result. As the...

Wärtsilä will supply a 25 MW / 27 MWh advanced energy storage system for BPL to significantly improve generation efficiency. The technology group Wärtsilä will supply a 25 MW / 27 MWh advanced...

K LINE has entered into a joint R&D agreement with JRC and YDK to develop an integrated navigation support system that utilizes artificial intelligence (AI). This joint R&D project aims to develop a...