Now, the Meishan Terminal in Ningbo-Zhoushan Port in eastern China is back in operation, according to the state-owned company that manages the port. Operations resumed at midnight, ending a two-week suspension, Jiang Yipeng, deputy general manager of Ningbo-Zhoushan Port Group, told a news conference on Wednesday. The terminal in Ningbo, …
Read More »Monthly Archives: August 2021
After Brexit, the UK will have the option to decarbonise its fishing fleet
File image (public domain) Published 08/22/2021 6:42 PM by The maritime executive The UK sees itself as a world leader in climate change and is showing the way with an impressive roadmap to reduce its greenhouse gas emissions. It was the first country in the world to set legal targets …
Read More »Hezbollah leaders advocate drilling for offshore oil and gas
Beirut, August 22nd (EFE) .- The leader of the Lebanese Shiite group Hezbollah, Hasan Nasrallah, spoke out today in favor of oil and gas drilling off the Lebanese coast and assured that there is an Iranian company that could dig in these waters where Lebanon and Israel have tried to …
Read More »Biofuel raw material shortage hinders green shipping ambitions
The world’s largest shipping company, AP Moller Maersk A / S, aims to achieve net zero carbon dioxide emissions from its own marine activities by 2050, as the industry, which is responsible for around 3 percent of global CO2 emissions, wants to promote sustainable maritime transport. But the ambitions of …
Read More »The UK economy is in a strange place, considering we’re supposed to get back to normal Richard Partington
F.At first there were empty supermarket shelves and a âpingdemicâ shortage of staff, now Nandos has no more chicken and the auto industry no longer has any chips. An unusual situation for a country that was supposed to return to normal a month ago. After most of the pandemic restrictions …
Read More »Crane Barge got stuck in the cargo ship’s salvage, was floated again
KARACHI: The recovery of a cargo ship that is stuck at Karachis Seaview has its first success after a crane ship that was also stranded on the beach was made afloat again, ARY News reported on Sunday. A crane that was used to rescue the motorized cargo ship (MV) Heng …
Read More »Labor teams up with unions on plans to strengthen steel sector – LabourList
Labor has partnered with steel unions to buy, manufacture and sell more in the UK to boost the UK steel sector that has been “left so painfully behind” by the current Conservative government. Steel consumption fell 16% in 2020, according to the community’s party union, which represents thousands of steel …
Read More »International trade forgets Trump, will get stronger in 2021
Amid the economic disruption from Covid-19, world trade held up relatively well overall in 2020 and gained strength in 2021. corresponding a report by the United Nations Conference on Trade and Development (UNCTAD). The latest edition of the World Trade Organization (WTO) goods trade barometer hit a record high. The …
Read More »Crypto CEO sets course of cargo ships up to a stake of $ 820 million
Bitpanda CEO Eric Demuth says that crypto will remain one of their main areas of business Eric Demuth wanted to become a ship captain before changing course and starting the cryptocurrency trading platform Bitpanda. He worked as a mechanic on various container ships for two and a half years and …
Read More »$ 51.31 Billion Wind Tower Market by 2027,
New York, August 9, 2021 (GLOBE NEWSWIRE) – Overview of the Wind Tower Market: According to a comprehensive research report by Market Research Future (MRFR) “Wind tower market research paper By product (tubular steel, concrete, hybrid and others), by application (onshore and offshore) and by region – global forecast to …
Read More »The patriot financier who financed the War of Independence
Without Robert Morris, the American Revolution might have been crushed under a mountain of debt and disorder. The self-made millionaire from Philadelphia never wanted to become a politician, but was pushed into his service by the Continental Congress when he needed a saucy and shrewd capitalist who could manage America’s …
Read More »When does the shipping crisis end?
You will have a hard time finding a tire dealer who is not in some way affected by the ongoing shipping crisis. From prolonged delivery delays to sky-high freight rates, the slowdown continues to throw a wrench into supply chains – and many merchants are shouldering the burden. What is …
Read More »Offshore takeover of cold stores will be strengthened as Americold Lago. buys
Lago Cold Stores, run by its racing car CEO Roger Lago, is the youngest local cold store operator to be acquired by a large offshore company. The sector, which provides specialized temperature controlled facilities for the storage and distribution of fresh and frozen food and medicines, has until recently been …
Read More »Singapore wants to build a supply chain for electric ships for the port
The first project will electrify a 30-person ferry (Keppel) Published August 6, 2021 5:51 PM by The maritime executive A coalition of companies, research institutes, government agencies and a classification society plans to work together to develop Singapore’s first comprehensive supply chain for electric ships, which they believe can become …
Read More »A cargo ship is losing oil in the Atlantic
In 2019, the 656-foot cargo ship Golden Ray capsized in St. Simons Sound, east of the port of Brunswick, Georgia. Loaded with 4,200 cars, a crew of 24 and full of fuel, it spilled oil into the Atlantic. Crews have been removing parts of the ship since last year, but …
Read More »The US watches Iran quietly replace the Red Sea spy ship that was damaged in an attack in April
Iran towed the wrecked ship back to port and brought a similar ship to gather information on the strategically important waterway, officials said. The Behshad, an Iranian ship registered as a general cargo carrier, left the port of Bandar Abbas in early July and reached its destination nine days later, …
Read More »Indy Company Helps Companies Cope With Ship Tsunami
A shipwreck in the port of New York / New Jersey. (Associated press photo) Call it the perfect âshippingâ storm or just an unprecedented convergence of growing consumer demand, a shortage of freight containers, a COVID-rippled supply chain, and frantic costs. Whatever you call it, the global shipping industry is …
Read More »Tekmar Energy is supplying its equipment for the Baltic Eagle offshore wind farm
Save in reading list Published by Bella Weetch, Editorial assistant Energy worldwide, Friday, August 6th 2021 4:30 pm Tekmar Energy Limited (Tekmar Energy), a Tekmar Group company, has announced an order from Van Oord to supply its Generation 10 Cable Protection System (CPS) for the Baltic Eagle offshore wind farm …
Read More »Analysis: Retail coffee prices rise as frost and freight costs bite
Frosted leaves and coffee cherries hang on coffee plants that were affected by frosts when a severe cold snap hit the south of Brazil’s top producer state Minas Gerais in Varginha, Brazil, on July 30, 2021. REUTERS / Roosevelt Cassio LONDON, Aug 6 (Reuters) – The most devastating frost in …
Read More »Study shows that countries are world leaders in terms of renewable energy
According to new data from Utility Bidder, Norway has the highest share of renewable energy in the world. According to the study, 56% of the country’s total energy consumption comes from renewable sources. In contrast, the UK ranks 20th in the study, with only 13% of the country’s electricity coming …
Read More »The world’s largest container shipping company increases sales in the second quarter
The crane loads an AP Moller-Maersk brand sea container onto the cargo ship. Balint Porneczi | Bloomberg | Getty Images Maersk, the world’s largest container shipping company, saw sales jump in the second quarter as traffic jams and bottlenecks continued to drive up freight costs. The company announced Friday that …
Read More »Ocean shipping market size will reach $ 188.57 billion
Pune, India, August 05, 2021 (GLOBE NEWSWIRE) – The global ocean-going market will gain momentum with ongoing innovations in the shipping industry to improve energy efficiency. As a result, companies are quickly switching to environmentally friendly hybrid propulsion systems to reduce costs and efficiency. Fortune Business Insights ⢠compiles this …
Read More »USW and US Wind Announce Partnership to Remodel the Historic Site of Sparrows Point
PITTSBURGH, August 3, 2021 / PRNewswire / – United Steelworkers (USW) announced today that it will work with US Wind to transform part of the former union Sparrow point Steel mill converted into a manufacturing facility that supports the growth of offshore wind energy. US Wind plans to use the …
Read More »The shipping container crisis could cause Christmas toy sales to fail
OAKLAND, CALIFORNIA – MAY 07: In an aerial view, an APL container ship pulls into the port of … [+] Oakland on May 07, 2021 in Oakland, California. The Port of Oakland reported a record high in freight traffic between January and March this year of 631,119 20-foot shipping containers, …
Read More »Rolls-Royce sells Norwegian engine unit to British Langley Holdings – Quelle
A Rolls-Royce logo is seen at the company’s aerospace engineering and development site in Bristol, United Kingdom, on December 17, 2015. REUTERS / Toby Melville / File Photo LONDON, Aug 3 (Reuters) – U.K. Rolls-Royce (RR.L) is in advanced talks about the sale of its Norwegian marine engine maker Bergen …
Read More »Golf ports are expanding their path to higher profits
FREEPORT, Texas – Located in southeast Texas where the Brazos River meets the Gulf of Mexico, Port Freeport is one of the best ports to accommodate larger ships crossing the expanded Panama Canal, officials say. It is one of several ports that have embarked on massive expansion projects in recent …
Read More »Market Insights and Forecasts of COVID-19 Impact (2021-2026)
Summary The global spiral duct market was estimated at $ 2985.67 million in 2020. Rising demand for oil and natural gas, improved profitability of deep and ultra deep water projects and price regulation for offshore oil-powered exploration activities are the few factors responsible for a high CAGR of the market …
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