9.4% Rise In 2021 Container Volumes for DP World
Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes.
Though growth rates moderated in the fourth quarter which the Dubai state company said was expected due to the...
Seaborne Trade To Grow By A Further 3.4% In 2022
Global seaborne trade volumes are back to pre-Covid levels and are on track to grow 3.4% this year, according to new data and forecasts from Clarkson Research Services.
The amount of goods shipped...
Massive Surge In Profits, Major Container Giant Predicts
COSCO Shipping Holdings Co., Ltd. (COSCO Shipping), one of the largest container carriers worldwide, forecast soaring profits in 2021 due to the tight supply of containers amid the pandemic.
Net profit attributable to...
Caution Necessary for Deceptive Practices To Avoid Sanctions
Since 2010, considerable sanctions activity has been directed at shipping and its supporting industries, and the American Club draws operators’ attention to some of the recent deceptive practices employed by parties that breach the...
Energy Observer Unveils New LH2-powered Vessel With Hydrogen Chain
Innovation hydrogen pioneer Energy Observer has unveiled a brand-new laboratory vessel with the “first” complete hydrogen chain, reports H2View.
Hydrogen from renewable energies
The new hydrogen cargo vessel will be capable of producing its own hydrogen...
MOL Launches Business Alliance With Nippon Concept Corp
Mitsui O.S.K. Lines, Ltd. (MOL) , MOL Logistics Co., Ltd. (MLG), and Nippon Concept Corporation (Nichicon) jointly established MOL Logistics (Tank Containers) (MLGTC) to introduce chemical product transport using tank containers in the U.S....
Is Your Tesla Safe in Autopilot Mode?
An estimated 765,000 Tesla vehicles are equipped with it in the United States alone.
A man whose Tesla was said to be on Autopilot when it allegedly crashed into a car and killed...
Meta’s Vision for Metaverse is An ‘Old Idea’ That ‘Never Worked’
Phil Libin is the former boss of Evernote and is now CEO of videoconference company Mmhmm.
He told Insider he'd tried out Horizon Workrooms, Meta's VR meeting software, and wasn't impressed.
When tech founder...
Containership Suffers Engine Failure
Container ship CMA CGM OSIRIS suffered engine failure while leaving Xiamen China, in accordance with Far East-Red Sea Service 2(RES2) schedule, reports Maritime Bulletin.
Vessel suffers engine failure
Locals sources said that the giant ship with...
Container Ship Near Houses In UK
Homes have been left in the shadow of a massive cargo ship stacked high with shipping containers from China which has just docked on the coast.
The MOL Treasure shipping container arrived at...