10 mar 2021 Container shortages severely disrupted trade in the second half of 2020, just as consumer demand began catching up to pre-pandemic levels. Indian shippers, just like their European, Australian, and US counterparts, began to feel the heat of the crisis as ocean freight rates skyrocketed to exorbitant levels. …
Read More »VACCINE HOARDING COULD MAKE THE PANDEMIC DRAG ON AN EXTRA 7 YEARS
09 MAR 2021 We all desperately want this global pandemic to end, but that won’t happen for many more years if the wealthiest nations don’t share their vaccines with the rest of the world, argue health experts. By mid-February 2021, 191 million vaccination shots had been administered, and more than three quarters …
Read More »COVID-19 VACCINES DON’T CAUSE INFERTILITY. HERE’S WHY
08 MAR 2021 Recent posts on social media have claimed that the newly approved COVID-19 vaccines cause infertility. The biological mechanism by which the vaccines work, on top of data from animal and human studies, strongly suggest that this is not true. When the World Health Organisation declared COVID-19 a pandemic in March 2020, few could anticipate …
Read More »SAUDI ARABIA TO SHIP GAS TO SOUTH KOREA AND TAKE CO2 BACK
07 MAR 2021 Saudi Arabia plans to ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom. Hyundai OilBank Co. will take liquefied petroleum gas cargoes from Saudi Aramco which it …
Read More »EXTEND YOUR CREWS’ SENSES WITH AUTOMATION
06 MAR 2021 You utter “automation,” and everyone is immediately transposed to a sci-fi future where robots rule the world, cars fly and crewless ships sail the world’s oceans. Even within the marine industry, we often forget that ‘unmanned vessel’ isn’t the only arrow in the automation quiver. In fact, …
Read More »TIDEWATER FORECASTS IMPROVING MARKET CONDITIONS FOR OFFSHORE SECTOR
05 MAR 2021 Tidewater, one of the largest operators of offshore vessels servicing the oil and gas industry, is predicting that the worst of the market downturn is over and expects to see a recovery in the second half of 2021. While they believe that “supply and demand will be …
Read More »THE CONCEPT OF THE FLOATING SHIPYARD
04 MAR 2021 Shipyards are known as a land-based facility that ships steer to for docking and repair. This study represents a basic conceptual study for a new principal of developing a floating shipyard – changing the phenomena of a fixed site shipyard into a self-propelled mobile platform. This floating …
Read More »INDIA ANNOUNCES $82B PORT INFRASTRUCTURE PLAN
03 MAR 2021 India’s government has announced a long term $82 billion plan to invest in the nation’s seaports. Speaking at the Maritime India Summit on Monday, Prime Minister Narendra Modi called for massive public and private commitments to improve infrastructure for maritime trade. “As many as 574 projects at …
Read More »NIGERIA PLANS TO ADD BOATS AND AIRCRAFT TO COMBAT PIRACY
02 MAR 2021 Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at the center of the activity, the Nigerian government is reportedly taking actions to enhance security. The transport minister is speaking out saying his country …
Read More »ISRAEL VIEWS IRAN AS THE LIKELY ATTACKER IN CAR CARRIER EXPLOSION
01 MAR 2021 The blast-damaged ro/ro Helios Ray has arrived at Dubai’s Port Rashid, awaiting repairs and a thorough examination by security experts. On February 25, the Bahamian-flagged car carrier Helios Ray was transiting the Gulf of Oman about 45 nm northwest of Muscat when she experienced a series of explosions. The vessel had …
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