08 MAR 2022 The car carrier Felicity Ace transporting nearly 4,000 cars for the Volkswagen Group sunk this morning, March 1, near the Azores, nearly two weeks after the vessel was devastated by a fire. Salvage crews had been working to tow the vessel after securing a line last Friday, February 25. …
Read More »WHEN SEA LEVEL RISE TRULY BEGAN ACCELERATING-STUDY HAS FOUND THE YEAR
09 MAR 2022 A global analysis of sea levels over the past 2,000 years has found a rapid rate of increase in line with the Industrial Revolution. By 1863, researchers found the rate of sea level rise had clearly surpassed background variability. Unsurprisingly, it’s around this time that the first …
Read More »STUDY OF OVER 1 MILLION PEOPLE REVEALS HEART ATTACKS CAN REDUCE PARKINSON’S RISK
08 MAR 2022 We know the devastating effects Parkinson’s disease can have, but scientists are still trying to figure out how it gets started and how to cure it. Some new research may have found helpful clues, linking having a heart attack with a lower risk of developing Parkinson’s later. The drop …
Read More »AS PRICE OF LI-ION BATTERIES RISES, SHIPPING HAS OTHER GREEN OPTIONS
07 MAR 2022 During early January 2021, lithium salt from Australian mines brought a market price of just under $9,600 per metric ton. A year later during January 2022, the price of lithium salt had risen to over $50,000 per metric ton with the February price at $59,000. The market …
Read More »NEXT GENERATION OF THE A.P. MØLLER FAMILY TAKES THE HELM AT MAERSK
06 MAR 2022 The next descendant of shipping legend A.P. Møller is moving up to take the helm at the world’s second-largest ocean carrier. Robert Maersk Uggla, son of A.P. Moller – Maersk Vice Chairman Ane Maersk Mc-Kinney Uggla and great-grandson of company founder Arnold Peter Møller, will be the new chairman of …
Read More »NEWLY INVENTED CATALYST DRAMATICALLY INCREASES THE EFFICIENCY OF TURNING CO2 INTO FUEL
05 MAR 2022 It took nature decades of photosynthesis, followed by eons of intense heat and pressure from geological activity to bake atmospheric carbon dioxide into the long chains of hydrocarbon that make up fossil fuels. We don’t have the luxury of millions of years to mop up the excess …
Read More »IMO CALLS EXTRAORDINARY SESSION AS SEAFARERS REMAIN CAUGHT IN UKRAINE
PUBLISHED MAR 4, 2022 12:50 PM BY THE MARITIME EXECUTIVE Responding to international calls for action, the UN’s International Maritime Organization announced that it will convene an extraordinary council session to address the impacts on shipping and seafarers of the situation in the Black Sea and the Sea of Azov. The …
Read More »IRON OF EARTH’S INNER CORE COULD BE IN A STRANGE ‘SUPERIONIC’ STATE
03 MAR 2022 Deep below the crust of Earth, past the thick mantle and liquid outer core, lies a 1,220-kilometer (760 mile) ball of solid inner core. But a new study has suggested that the inner core is not solid at all, instead forming a ‘superionic state’ with hydrogen, oxygen, and …
Read More »FIVE ESSENTIAL COMMODITIES THAT WILL BE HIT BY WAR IN UKRAINE
01 MAR 2022 The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Though the economic …
Read More »WILL PUTIN CUT ENERGY SUPPLIES TO RETALIATE FOR WESTERN SANCTIONS?
28 FEB 2022 While the battle for Kyiv rages, the economic war between Russia and the nations of the West has barely begun. The US, the EU and their allies are concentrating their economic attacks on Russia’s financial system while exempting the energy sector. Russian President Vladimir Putin’s initial response …
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