ABB Release Findings On Industrial Transformation

“Billions of better decisions” highlights the role of Industrial IoT solutions in reaching sustainability goals while empowering the industrial workforce International survey of 765 decision-makers reveals that while 96 percent believe digitalization is...

Microsoft’s Seasoned Techies Flock To Meta

Social media giant Meta is on a hiring spree, specifically for experienced AR/VR talent from tech rivals Microsoft and Apple. Most of them joined Meta Platforms (formerly Facebook), which is aggressively recruiting, or...

Answers To Your Key COVID Questions

Even after eight months, the vast majority of people in the study still had antibodies in their blood that could neutralize SARS-CoV-2. Looking at the shape of the curve, it looks pretty damn...

Carriers Go for Newbuilds Despite Rising LNG Prices

Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40 gas-powered vessels on its AFI database, to bring the total to just shy of...

Called For Evidence On Shore Power In UK Ports

UK maritime minister Robert Courts has called for evidence on the beneficial roll-out of shore power across ports in the UK. It will allow vessels to plug into grid energy while at berth...

Wärtsilä Signs Optimised Maintenance Agreements With STQ

The technology group Wärtsilä has signed an Optimised Maintenance Agreement with the Canadian ferry operator Societé des Traversiers du Quebec (STQ). The five year long-term agreement covers two vessels, the ‘Jos Deschenes II´ and the...

Transpacific Lane Witnesses Port Congestion and Blanked Sailings

Container lines are making determined efforts to get boxes back into position and to return to some schedule integrity – but it is unclear how likely they are to succeed. The spectre of...

Crude Oil Futures Ease Off Multi-year Highs As Rally Cools

Crude oil futures were lower in mid-morning Asian trade Feb. 8, easing off multi-year highs as a seven-week long bull-run appeared to lose steam, though market watchers were in consensus that the rally still...

Energy Giant Sees Profit Reach 8-year High

BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share repurchases and accelerated plans to cut emissions with increased spending on low...

Low Cushing Inventories Could Point Upside for Oil Prices

Crude oil inventories at Cushing, Oklahoma—the designated delivery point for WTI Crude oil futures contracts—have been falling for the past four weeks, reaching what could be uncomfortably low levels and pointing to a potential...