[Watch] $680,000 Worth Hoverbike Take Flight

A.L.I. Technologies a Japanese start-up is hoping to convince motorists to swap their cars for a $680,000 (£495,000) hoverbike. Each is equipped with a conventional engine and four battery-powered motors. Overcrowding is a...

World’s Largest Telescope to be Shipped Across the Ocean

Ahead of its journey to its launch site, NASA’s James Webb Space Telescope is shown being lowered into its protective transport container in the Northrop Grumman clean room in Redondo Beach, California. The...

Veteran US Boxship To Go Eco-friendly With Høglund FGSS

Høglund has been awarded a contract to deliver Automation and Fuel Gas Supply System (FGSS) for the 2,400 TEU container ship Horizon Reliance, says a press release published on their website. Total integrated solution Partnership with...

What Pushed Oil Market To The Moon?

Profit-taking that was said to be healthy for the crude market occurred on Wednesday, as more than expected inventory builds in the U.S. caused traders to send oil prices downwards, says an article published in...

UK P&I Club Notifies Shipowners of Upsurge in Rates

The UK P&I Club has set a general increase of 12.5% on all mutual premium rates for the 2022 renewal.  Members with adverse records should anticipate higher increases.  Double-digit rises are far above...

Can Antidepressants Reduce COVID Severity?

A trial among about 1,500 patients in Brazil showed those who took the drug, known as fluvoxamine, were less likely to progress to severe disease and to require hospitalization. It was a 5%...

Maersk Mc-Kinney Center Calls for Marine Fuel Levy

The shipping sector will not be able to reach net-zero emissions by 2050 without a fuel levy to encourage the use of alternative bunkers, according to the Maersk Mc-Kinney Moller Center for Zero Carbon...

Mount Etna Bursts Into Life Spewing Lava

The Mount Etna volcano has been treating locals to fantastic displays ever since it burst into life on February 16, erupting more than 50 times this year, reports Yahoo News. About Mount Etna Europe's tallest and...

KSOE, HHI Register Triple Digit Jump in Q3 Profit

Korea Shipbuilding & Offshore Engineering (KSOE) Thursday enjoying a heyday in order book reported more than tripled income from third-quarter operation versus a year-ago period on shipments of lucrative LPG carriers and shipping recovery,...

[Watch] How Pirates Vessel Hijack Plan Got Ruined

Pirates hoping to hijack a container ship in the Gulf of Guinea saw their plans ruined when a helicopter full of Russian marines rode to the rescue, as a Northern Fleet destroyer happened to...