Maersk Predicts 2.5% Global Trade Contraction In 2023
The ‘overconsumption of goods’ is now leading to a ‘sharp correction’ in demand, the Danish company said in a report.
A.P. Moller-Maersk A/S,...
Top Shipping Line Scrapped A 1999 Feeder Ship
A recent news article published in Platts states that Maersk joins demolition trend.
Maersk Line scrapped a 1999 feeder ship
Maersk Line has sold a 1999-built...
Singapore-flagged Vessel Carrying Russian-Diesel Denied Entry
Maersk Magellan denied entry to Tarragona port
Cargo was transferred STS from ex-Russian Nobel
Increased volume STS offshore Ceuta since sanctions
Spain denies entry...
Who Is The World’s Leading User Of Technology For Spying?
A recent news article published in the Global Times speaks about US No.1 technology abuser for spying.
US saildrone used to gather data underwater
It's been...
Amazon’s Generative AI Beats GPT-3.5
When OpenAI launched ChatGPT just over two months ago, it set in motion a chatbot mega-race with contenders like Microsoft, Google, Baidu, and...
The Mystery Of Those Who Avoided Catching COVID 19
It's been over three years since the first known COVID-19 infection. Since then, we've seen hundreds of millions of cases around the globe.
You've probably had it...
‘These’ Refiners May Buy Russian Oil for Domestic Demand, Experts
Some Indian refiners are looking to import diesel and other refined products from Russia for local consumption to free the locally produced products for...
Korean Majors Forge Alliance To Develop Nuclear-powered Ships
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships, reports Lloyd's List.
The Memorandum of...
World’s Biggest Marine Fuel Cell Project Gets Underway
A project to make fuel cell power accessible to ships by putting it in containers kicked off at the start of the month, reports...
China Accused of Aiming ‘Military-grade Laser’ at Ship
China should restrain its forces to prevent them committing any “provocative act,” the Philippine military said Monday, after Manila accused China’s coast guard of...