Why Drone Could Be A Key Asset For Ports In The Future?

Drones are just one emerging technology aiding port operations across the globe. The port went on to say that the technology will allow authorities to manage, inspect and monitor large areas. With the...

How Does One Measure A Vessel’s CO2 Emissions?

The Sea Cargo Charter also joined in on the issue of controlling air pollution from ships. Even with the mass adoption of low-sulfur fuels and scrubbers aboard vessels, shipping's footprint on CO2 is...

Oil Market Crashed, US and UK’s Varied Stand On Omicron Panic

Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market. At 11:32 a.m. EDT, WTI crude was trading at $66.44, down $4.42...

Commodities Had A Strong Year Amidst Pandemic Fear

China’s impact was most keenly felt was metals, with spot iron ore surging to an all-time high of $235.55 a tonne in May. Copper managed to hold on to much of its gains,...

Maersk Tries An Innovative Ship Design Powered By Gas

In August we told how Maersk had decided on how it would source the 'green' methanol which it clearly sees as one of the fuels of the future. Last week the ocean box carrier announced...

Tanker Sector Continues To Search For Upside

Disparate factors must converge for the market to construct and maintain a recovery in 2022, writes Tim Smith, MSI The search for upside in the tanker sector continues. But there is reason to believe...

How To Improve Business Outcomes And Innovation?

Data-driven organizations seek truth by treating data like an organizational asset, no longer the property of individual departments. Making data securely and easily accessible to employees across the organization—not just data scientists or developers—helps...

In Spite of Successful Vaccination Drive, Many Died in This Country

The year has been marked by the success of the vaccination drive – yet thousands have still died, reports The Guardian. Omicron in UK This time around, the government is pinning its hopes on the booster...

Cargo Ship Docked At Port On Fire, Crew Salvage the Vessel

There was more trouble for the MV Zim Kingston on Tuesday when a fire broke out aboard the container ship. The incident occured when it remained docked at the Port of Nanaimo’s Duke...

LA Port Threatens Penalties for Empty Boxes Pile-up

The spectre of late dwell charges on containers at the prime US port complex receded yet another week yesterday, as the port authorities of Los Angeles and Long Beach deferred a decision until 27...