shipping

24 MAY 2022 Cryptocurrencies like Bitcoin were meant to be used as digital cash. Instead, they’ve become popular as speculative investments. As well as being resource-intensive and inherently wasteful, cryptocurrencies are also incredibly volatile. Prices for the largest cryptocurrencies, Bitcoin and Ethereum, have both dropped by over 55 percent in six months, leading some to suggest that regulation …

23 MAY 2022  The growing industry of robotic hull cleaning has a new entrant from Vermont-based Armach Robotics, a spinoff of the navigation software company Greensea.  Armach’s updated robotic device enters a thriving, competitive field with at least seven technology developers (including service providers with their own robotic systems). The …

22 MAY 2022 All heatwaves today bear the unmistakable and measurable fingerprint of global warming, top experts on quantifying the impact of climate change on extreme weather said Wednesday. Burning fossil fuels and destroying forests have released enough greenhouse gases into the atmosphere to also boost the frequency and intensity of many …

21 MAY 2022  The chief engineer of a large commercial bulk carrier pleaded guilty this week in U.S. federal court to two felony counts of deliberately discharging oily water near New Orleans and lying to the U.S. Coast Guard during the investigation into the oil spill. Another crewmember aboard the …

20 MAY 2022 One of the best ways to catch someone in a lie is to try and distract them while they’re not telling you the whole truth, a new study reveals. It seems that the extra cognitive effort required to construct a lie and do something else at the …

19 MAY 2022 Modern technology pulses with a heartbeat measured in microseconds. From global positioning systems to communications networks, it’s vital every component falls into near-perfect synch. Based on standards determined by a specialized task group, signals sent through optic fiber or down from an orbiting satellite tend to ensure …

18 MAY 2022 By Hrishi Olickel and Irina Carbunaru – The crew change crisis is raging on, as changing Covid-19 restrictions complicate seafarer movements – and the ripple effects may continue to spread for the next five years. The crewing crisis and the increasing safety risks of operating in a tense geopolitical …

17 MAY 2022 The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of Shipping (ICS), representing 80% of world’s merchant fleet, have agreed to work towards increasing information sharing and “negotiations on the movement of global trade through the Canal” under …

16 MAY 2022 MUMBAI, May 14 (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and …

15 MAY 2022  The global vegetable oils industry was stunned after Indonesia’s President Joko Widodo announced late last month that his country, the world’s largest producer of palm oil, would impose a ban on exports. While Jokowi, as the president is widely known, cited domestic shortages in cooking oil as his …