20 JAN 2022 Ocean temperatures the world over are building at a relentless rate as humans continue to alter the atmosphere around them. In 2021, according to a new summary of two international datasets, the wave of warmth in our oceans hit a new peak, eclipsing the influence of cooler …
Read More »BIMCO: W. AFRICAN NATIONS SHOULD PROSECUTE CAPTURED PIRATES
19 JAN 2022 Responding to the release by Danish prosecutors of three Nigerians accused of acts of piracy against commercial shipping, Bimco released a statement on behalf of the shipping industry calling for countries in the Gulf of Guinea region to take responsibility and step-up prosecution efforts when pirates are …
Read More »HOW AI AND BLOCKCHAIN COULD FIX BROKEN SUPPLY CHAINS
18 JAN 2022 When the coronavirus crisis erupted in 2020, it became apparent that the medical emergency was accompanied by severe shortages, especially in some medical devices. The pattern was first observed for ventilators: demand spiked everywhere and the supply chain was disrupted. This was because production of the devices spanned …
Read More »WHAT HAPPENS WHEN CONTAINERS ARE LOST AT SEA?
17 JAN 2022 There was a brisk wind blowing off Canada’s Pacific coast as the small boat approached the beach on its perilous mission. Cold, salty sea-spray was blowing back, stinging the faces of the volunteers as they were trying to steady themselves along with their burlap bags and equipment, …
Read More »EPRI: FLOATING NUCLEAR POWERPLANTS COULD DECARBONIZE SHIPPING
16 JAN 2022 The Palo Alto-based energy think tank EPRI has released a novel proposal to manufacture green fuels using electricity from a small nuclear power plant – at sea. EPRI’s researchers suggest that the shipbuilding industry’s know-how could be combined with next-generation reactor technology to build floating fuel stations at a …
Read More »PORT CONGESTION COST SHIPPERS MILLIONS IN ADDED INTEREST EXPENSES
15 JAN 2022 While there has been extensive attention on how increased shipping times, congestion at the ports, and backlogs along the supply chain were leading to short supplies that consumers were experiencing, the delays were also further adding to retailers’ total cost of goods. A new analysis from project44, …
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