14 OCT 2021 Shipping consultancy Drewry has repeatedly upped its estimates for total ocean carrier earnings this year, and its latest number is staggering. Record-setting congestion and consumer demand have driven freight rates ever higher, and profits have followed suit: Drewry says that it now predicts that the liner industry …
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13 OCT 2021 Power shortage showcases Beijing’s powerful resolve to decarbonize its economy – and the potential cost As the world prepares to discuss more aggressive cuts to carbon emissions at the UN’s COP26 climate conference in Glasgow, China has just sent out the worst possible advance signal. It is going to …
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12 OCT 2021 Maersk has become the latest large shipping company to plan a trial using air lubrication as a tool to help improve vessel efficiency and reduce emissions. An established technology that has been deployed in other segments of the shipping industry, including cruise ships, it is becoming of …
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11 OCT 2021 Engineers of the Mayan Empire built rock dams far upstream along the tributaries of rivers to reduce downstream flooding, as a sudden deluge could destroy a rock dam built further downstream. An innovation developed in 1963 in South Africa and first deployed in 1964 at a breakwater …
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10 OCT 2021 Sales of tankers for demolition reached a 39-month high during September. Yet, with the sector notorious for holding on to tonnage and oil prices on the rise, the long-expected rebalancing of supply and demand among the tanker operators appears still to be delayed. Industry trade group BIMCO …
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09 OCT 2021 Depression can be a frighteningly relentless condition. Luckily, researchers around the world are constantly working on new treatment options, such as a newly designed brain implant for resistant depression. Altogether, up to a third of people with depression don’t respond or become resistant to treatment. No medication or therapy …
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08 OCT 2021 The massive volcanic eruption on the southern end of La Palma is actually expanding the island’s landmass. A molten lava flow has reached the land’s end and is pouring over a cliff edge, hardening as it hits the water. About 80 new acres have been formed so …
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07 OCT 2021 In this day and age, it’s harder than ever before to disconnect from work. Once a person has signed off for the day, they might feel pressured to reply to an after-hours email that pops up on their phone, even if it’s not urgent. A new psychology …
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06 OCT 2021 The U.S. Department of Transportation and Maritime Administration are taking a serious look into an anonymous online report by a U.S. Merchant Marine Academy (USMMA) cadet who claims she was sexually assaulted during her Sea Year training, while also offering “unwavering support” to the victim and others …
Read More »05 OCT 2021 Take a look around you. Perhaps you’re snacking on a banana, sipping some coffee or sitting in front of your computer and taking a break from work to read this article. Most likely, those goods – as well as your smartphone, refrigerator and virtually every other object in …
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