Global IT Market To Reach Record High
Market analysts Gartner expect worldwide IT spending to total $4.5 trillion in 2022
Global spending growth on devices peaked in 2021
Businesses are more inclined towards building their own technologies and software, rather...
Cryogenic Fuel Tanks for SHI by GTT
GTT has been chosen by its partner the Korean shipyard Samsung Heavy Industries (SHI) to design the cryogenic fuel tanks of six LNG-fuelled container vessels.
Used as a marine fuel, LNG is an...
Activation of Pivot Power’s 50 MW Wärtsilä Energy Storage System
Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä.
It aims to support the integration of renewable energy...
South Korean Fuel Cell Maker To Develop Fuel Cells Using Biogas
South Korean fuel cell maker Doosan Fuel Cell Co. said Friday that it has signed a preliminary deal with two local companies to develop fuel cells using biogas.
Korea Western Power and KEPCO...
LR Digital Twin READY Approval in Principle to Samsung Heavy
Lloyd’s Register (LR) has granted Digital Twin Ready Approval in Principle to Samsung Heavy Industries (SHI).
It is for its Smart Ship Solution, SVESSEL CBM and S-Fugas (Samsung Fuel Gas) System, a key...
Regional Container Lines’ Foray into the Neo-panamax Segment
Thai liner operator Regional Container Lines’ foray into the neo-panamax segment will be through the purchase of two 12,000 teu newbuild resales from Japan’s Imabari Shipbuilding.
At a cost of $115m each, the ships...
Worsening COVID Winter Crises Vs Vaccine Hesitancy
The suffering has been acute in Eastern Europe and Russia, battling mounting deaths and cases fueled by vaccine hesitancy
The United Kingdom, however, shows that vaccines are not a silver bullet
Ireland is...
[Watch] Jupiter’s Northern Lights Enigma Deciphered
The northern lights are driven primarily by solar winds
Jupiter's northern lights have these bright flares which has up to terawatts of power
X-ray auroras are caused by fluctuations of Jupiter's magnetic field.
Jupiter's...
VLSFO Crack Hits 8-month High
Asia’s 0.5% very low-sulphur fuel oil (VLSFO) crack climbed to a near eight-month high on Friday as the supply outlook tightened from refiners switching to production of more higher-margin middle distillates, reports Business Recorder.
Strong...
Diligent To Go “Bigger” Following the Sales of Its Imabari 28 Fleet
Greece’s Diligent Holdings has sold all of its Imabari 28 bulk carriers in a series of off-market transactions with a view to moving into larger, index-linked sizes whilst continuing to reduce the average age...