Container Ship Protected By Selektope

Swedish biotechnology company I-Tech AB, developers of the antifouling agent, Selektope®, have welcomed outstanding five-year performance results achieved on a container vessel. The hull of the 8.900 TEU containership was coated in March...

EPS Invest In Nine Tech Start-Ups

Eastern Pacific Shipping (EPS) is investing in nine tech start-ups. The accelerator started in 2019 and EPS has invested in 18 start-ups to date through the programme. The seven new start-ups EPS has...

Joint Venture Combines Bawat BWT Technology With US Venture Capital

Joint venture combines Bawat’s Danish ballast water treatment technology with US venture capital to provide shipowners with a portside alternative. Philadelphia-based venture builder, Green Swan Partners and the Texas-based ballast water reception company,...

$6trn Effort For Decarbonization in Shipping Industry

The cost estimates were included in Ricardo Energy & Environment’s report on Technological, Operational and Energy Pathways for Maritime Transport to Reduce Emissions Towards 2050 for OGCI/Concawe. The 250-page report explored the future...

Higher Vaccine Sales Even As COVID Boost Wanes

AstraZeneca has started earning a modest profit on the vaccine. with sales of $3.9 billion, was AstraZeneca's second best-selling product last year, behind only lung cancer drug Tagrisso. The company beat fourth-quarter earnings...

Soda Can-Sized Battery To Reduce The Production Cost

Elon Musk announced a revolutionary battery design that measured no larger than a soda can. Musk revealed he was in discussions with the company's existing supplier, Panasonic, to source the battery but the...

Amidst Russian Gas Concerns, Japan Diverts Extra LNG To Europe

The move is intended to help address fears that Russia might turn off the taps on Europe's natural gas supply in the event of an invasion of Ukraine.  Some of these contracted volumes...

This Sea Becomes The Worst Plastic-Polluted Seas On Earth

  According to a recent World Wide Fund (WWF) for Nature report, the Mediterranean Sea has become one of the worst plastic-polluted seas on Earth. The massive accumulation of microplastics has a serious impact on...

Crude Oil Futures Prices Consolidated After Overnight Climb

Crude oil futures were mostly steady in midmorning trade in Asia Feb. 10 as prices consolidated after draws in US crude oil and refined products stocks last week, while eyes remained on the progress...

Keppel Reels in $186M in New Contracts

Singapore’s Keppel Offshore & Marine, through its subsidiary Keppel Shipyard, has been awarded contracts worth around S$250m ($186m) for the conversion of floating storage and regasification unit (FSRU) the integration of floating production storage...