Governments To Decide On USD5 Billion R&D Fund To Support Decarbonisation
One week after Glasgow, 174 governments will meet this week at the International Maritime Organization (IMO) in London.
It will address the pressing carbon emission reduction challenges facing international shipping.
Industry is calling...
Oil Release from Strategic Reserves Questioned, As Oil Price Steadies
Oil prices were largely steady on Wednesday as investors questioned the effectiveness of a U.S.-led release of oil from strategic reserves and turned their focus to how producers will respond.
Brent crude settled...
Recent Surge In Boxship Rates Moves China To the Top Spot
China has become the world’s top shipowning nation by fleet value, displacing longtime leader Japan, according to consultancy VesselsValue.
Japan, which has fallen to second position, owns a total of $187 billion in assets...
EU Antitrust Regulators Resume Investigation On Hyundai, Daewoo Tie-up
EU antitrust regulators have resumed their investigation into Hyundai Heavy Industries Holdings Co Ltd's (267250.KS) bid for rival Daewoo Shipbuilding (042660.KS).
It resumes after a temporary halt of more than a year, setting a Jan. 20...
World’s First Airbus Lands on The White Desert
For the first time in history, an Airbus A340 plane has landed on Antarctica. Hi Fly, a boutique aviation company, was behind the flight. The company specializes in wet leases, which means they hire...
This Lake Has More Shipwrecks Than The Bermuda Triangle
Lake Erie has a greater density of shipwrecks than virtually anywhere else in the world. Storms and waves are probably the number one reason ships sank in Lake Erie, reports NASA.
Shipwrecks
“You can have water...
This Tech Startup Raises $2.7m To Reduce Carbon Emission
Today, greenhouse gas (GHG) emissions from transport account for up to 10% of shippers’ total GHG emissions. The problem is compounded by the fact that calculating emissions in the logistics sector is a laborious...
WHO Warns Europe As COVID Death Toll Surpasses 1.5m
A further 700,000 people could die of Covid by March in Europe and parts of Asia, the World Health Organization has warned, reports BBC.
Soaring cases in Europe
The death toll already exceeds 1.5 million in...
Will This Tech Help Conserve Wildlife Better?
Drones, satellites and laser sensors. It sounds like the tech of an action-packed spy thriller. Not things you might typically associate with protecting animals, reports BBC.
Animal conservation
According to a report by the World Wildlife...
One MOL Safety Campaign For 2021 Underway Online
MOL today announced that, due to the COVID-19 pandemic, the "One MOL Safety Campaign" for 2021 is being held online from July 2021 to March 2022.
In April 2021, MOL updated its group...