Monthly Archives: January 2022

Platform Supply Vessels (PSV) Market Size, Share 2021 Industry Development Analysis, Trends, Growth Factors, CAGR Status, Industry Insights from Top Key Players Forecast to 2028

GET SAMPLE REPORTBUY FULL REPORT Global Platform Supply Vessel (PSV) Market. Research is an intelligence report where painstaking efforts are made to examine the correct and valuable information. The data under consideration was created taking into account both the existing top players and the upcoming competitors. The business strategies of …

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Polymerupdate News – India’s largest container ship APL Raffles has berthed at the Port of Mundra

Adani CMA Mundra Terminal Pvt Ltd (ACMTPL) announced that the port docked “APL Raffles” on Friday, making it the largest container ship to call at India. Based in Mundra, Gujarat, ACMTPL is a joint venture between Adani Ports & SEZ Ltd and MCA Terminals. Built in 2013, APL Raffles is …

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China Covid-Zero Disrupts Supply Chains, Impacts Global Recovery: HSBC

China’s zero-Covid restrictions will impact global supply chain recovery as any small disruption in the country is likely to cause “ripple effects” around the world, according to HSBC’s head of shipping. The pandemic has shown “how lean the supply chain has become. And there’s little margin for error,” said Parash …

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Volatile natural gas prices hamper future progress

Natural gas has long been called the fuel of the future. It is available in large quantities. It has a complex infrastructure of pipelines, compressors and utilities to deliver massive amounts to consumers. It has an exceptionally high energy content compared to other energy sources such as coal. It is …

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Lng Carrier Cargo Ship Market Trends And Developments, Forecast To 2030 – Construction News Portal

Understand the impact of COVID-19 on the Lng carrier cargo ship market with our analysts monitoring the situation around the world. Report description: Market Strides published report titled Lng Carrier Cargo Ships Market by Type, Application, Regional Analysis, Growth Opportunity and Industry Forecast 2022-2030. The Lng Carrier Cargo Ship Market …

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Cookbooks overboard? A shipwreck delays two major releases.

Have you been looking forward to making a fried bologna sandwich with crispy pickled potato chips? Or conjure up devilish egg tostadas with salsa macha? You may have to dive to the bottom of the Atlantic Ocean. There may be copies of the Turkey and the Wolf cookbook, named after …

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The main inflation gauge rose 5.8% in 2021, the strongest in 39 years

WASHINGTON (AP) — A price measure closely followed by the Federal Reserve rose 5.8% last year, the sharpest rise since 1982, when buoyant consumer spending collided with intricate supply chains to control the cost of groceries, furniture, appliances and other goods to raise. Friday’s Commerce Department report also said consumer …

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Majority of shipping containers that fell from MV Zim Kingston are still missing – Saanich News

It has been three months since 109 shipping containers were knocked from a cargo ship navigating rough seas off the west coast of Vancouver Island, but the location of all but four is unknown. Ashley Tapp, co-founder of Epic Exeo, said her initial optimism that the ship’s owner would be …

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Build OSVs with racing technology for improved operations

Seacat Scepter Brings Racing Technology for Improved Seakeeping and Operations (Chartwell Marine) Published 01/26/2022 19:57 by The Maritime Executive Demands on the offshore wind supply chain are increasing as more wind farms are built that are both larger and further from the sea. Designers want to make the ships both …

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Navy says aircraft carrier supply chain improvement; USS Gerald R. Ford is scheduled to be stationed by the fall

Carriers USS Gerald R. Ford (CVN-78) and John F. Kennedy (CVN-79) at Newport News Shipbuilding on November 12, 2021. USNI News Photo The Navy is confident in its supply chain and the availability of spare parts to build and maintain its aircraft carriers as the lead ship of the Gerald …

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Market Growth for Tanker Cargo Ships to 2029

New Jersey, USA,- the Tanker Cargo Ship Market The report emphasizes the detailed understanding of certain crucial factors such as size, share, revenue, forecast trends, supply, production, demand, industry, and CAGR to provide a comprehensive view of the global market. Furthermore, the report highlights challenges that are hampering the market …

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Merchant Mariner acquires Annapolis Tour Boat Company

Omnipresent around the Port of Annapolis, the Annapolis Watermark cruise and travel company celebrates its 50th anniversaryth Anniversary this year under new owners and with a new president. Watermark President Debbie Gosselin retired on January 1 and the company is now run by a young couple from Annapolis, Jake Iverson …

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Plans for floating wind energy projects off the UK coast receive a funding boost

This 2018 image shows a floating wind turbine in waters off the coast of France. SEBASTIEN SALOM GOMIS | AFP | Getty Images Eleven projects focusing on floating wind technology are one step closer to completion following an investment tranche aimed at making the most of Britain’s windswept shores. The …

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Second supply chain ETF debuts in China despite Omicron lockdowns

Interested in ETFs? Visit our ETF Hub for investor news and information, market updates and analysis, and easy-to-use tools to help you choose the right ETFs. China’s second logistics-focused exchange-traded fund debuted this week, although the country’s fight to curb the spread of the Omicron variant with strict lockdown measures …

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SpaceX’s Dragon cargo ship is back on Earth after successfully landing off the coast of Florida – CBS Miami

MIAMI (CBSMiami/CNN) — A SpaceX Dragon cargo ship is back on Earth with scientific surveys and medical research. The CRS-24 cargo ship undocked from the International Space Station on Sunday morning and departed its “keep-out sphere” at 10:40 a.m. after a previously planned attempt was postponed because of inclement weather …

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Seanergy Maritime provides guidance on TCE and EBITDA

Seanergy Maritime offers orientation on TCE and EBITDA January 24, 2022 – Glyfada, Greece – Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) has upgraded its fourth quarter 2021 time charter equivalent (“TCE rate”) forecast and provided preliminary TCE forecast for first quarter 2022 and EBITDA -Forecasts for …

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Schlumberger sees capital spending increase of 20% or more in North America in 2022: CEO

The recovery from the coronavirus pandemic continues to improve the energy landscape as both oil prices and demand gather momentum around the world after two quiet years of spending and drilling austerity, oilfield services giant Schlumberger said Jan. 21. Schlumberger expects “a period of stronger rebound in short-cycle activity” in …

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SpaceX Dragon cargo ship departs space station today after weather lag. This is how you see it live.

SpaceX’s newest Dragon cargo ship is scheduled to undock from the International Space Station today (January 23) after a two-day delay due to inclement weather at its landing site, and you can watch it live online. The Dragon CRS-24 cargo ship is scheduled to undock from the space station at …

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Zim Kingston’s cargo washes up on the beaches of Vancouver Island

Three months after 109 shipping containers were knocked off the cargo ship Zim Kingston while navigating rough seas off the west coast of Vancouver Island, 105 are still missing. Ashley Tapp, co-founder of Epic Exeo, said her initial optimism that the ship’s owner would be held accountable for the missing …

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More than $1 million was raised to help cover costs for the vaccine convoy protest

A movement called Freedom Convoy 2022 is only a week old, but the organizer of an Alberta fundraiser in support of the event has raised more than $1.4 million for the effort. The campaign was launched by Tamara Lich, a Medicine Hat woman who says she opposes federal government rules …

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How a volcano separated Tonga from the world

At least three people were swept away by the waves, including Angela Glover, who was originally from England. She had moved to Tonga and opened an animal shelter with her husband, who was a tattoo artist. After the volcano erupted, she posted a photo of a red, glorious sunset on …

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The ports of LA and Long Beach are seeing progress moving backlogged containers, but major problems persist

Posted Jan 21, 2022 5:27am Edward Petterson Courthouse Intelligence Service The ports of Los Angeles and Long Beach, which became the focus of last year’s massive supply chain meltdown that left shelves empty and fueled inflation, have made great strides in recent months in addressing some of the world’s most …

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How a $200 carbon price could help shipping reach net zero – Quartz

For decades, the global supply chain has been fueled by the dirtiest and cheapest fuel, a sludgy by-product of oil refineries called bunker fuel or marine oil. Black smoke rose from the world’s fleet of 50,000 cargo ships and accounted for 3% of annual global carbon emissions, a larger share …

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United Marine Agencies – Supplements

TEXT: It is my pleasure to contribute to the development of Japan-Pakistani relations, especially at this very important time of the celebrations in 2022 marking the 70th anniversary of the establishment of diplomatic relations between Japan and Pakistan. Since the beginning of our warm relationship in 1952. Development cooperation between …

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Six Key Offshore Wind Issues in 2022 – Westwood

The following is a guest column from Westwood Global Energy Group Lead Analysts Michelle Gomez, Bahzad Ayoub and Ruth Chen. The offshore wind industry had another record year in 2021. Around 18.6 GW of capacity was put into operation – the highest annual increase in the industry. Mainland China’s push …

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Finally, help reaches the devastated Tonga, water supply ship awaits

Breadcrumb Trail Links PMN Policy PMN News PMN Health PMN environment PMN disaster Author of the article: Reuters Praveen Menon and Kirsty Needham Publication date: January 20, 2022 • 11 minutes ago • 3 minutes read • Join the conversation content of the article The first emergency plane arrived in …

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China is building the world’s largest LNG dual-fuel car carrier

Chinese design will be the largest dual-fuel car carrier ever built (CSSC) Published 01/19/2022 20:21 by The Maritime Executive The China State Shipbuilding Corporation was awarded a contract to build two of the world’s largest dual-fuel auto carriers. Designed and developed by the Shanghai Ship Research and Design Institute, they …

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US Global Investors Announce – GuruFocus.com

SAN ANTONIO, TX, January 19, 2022 (GLOBE NEWSWIRE) — US Global Investors, Inc. ( GROW) (“the Company”), a registered investment advisory firm focused on specialized markets around the world, is pleased to announce that its US Global Sea to Sky Cargo ETF (SEA) will be traded on the New York …

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Forever Oceans signs agreement with the Brazilian government for the world’s largest offshore concession for sustainable fish production

BRASILIA, Brazil — Bill Bien, the CEO of Forever Oceans, a leading sustainable seafood innovator, today met with Jorge Seif Junior, Minister of Aquaculture and Fisheries of the Ministry of Agriculture, Livestock and Supplies to sign a concession agreement bringing Brazil is pursuing to become an emerging leader in sustainable …

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Ready to supply ginger for the US market after years of success in Canada

FAVE Produce has been supplying ginger and garlic to the Canadian market for more than 10 years. “We are Loblaws’ primary supplier of both of these raw materials,” said Laurie Siderio, the company’s US sales manager. Having established a strong Canadian presence, FAVE – a Goodwave Technology brand – is …

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First Chinese space mission of 2022 with rockets into orbit – Spaceflight Now

A Chinese Long March 2D rocket lifts off with the Shiyan 13 satellite. Credit: CASC China launched a Long March 2D rocket Monday with another classified satellite and deployed the spacecraft in a polar orbit on the first of more than 40 Chinese Long March rocket missions planned for 2022. …

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Airline CEOs warn 5G could strand thousands of travelers and wreak havoc elsewhere

See what’s clicking on FoxBusiness.com. Airline CEOs are calling for keeping 5G out of airports. CEOs of several airlines warn that the implementation of 5g could cause serious disruption to their service and potentially leave thousands of travelers stranded. This is due to a recent FAA finding that 5g could …

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Kenyan-Chinese relations gain new impetus from visit – world

State Councilor and Foreign Minister Wang Yi (right) and Kenyan President Uhuru Kenyatta visit the China-built Kipevu Oil Terminal offshore project in the coastal city of Mombasa, capital of Kenya, Jan. 6, 2022. [Photo/Xinhua] When Kenyan President Uhuru Kenyatta and Chinese State Councilor and Foreign Minister Wang Yi addressed the …

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Omicron is straining the marijuana industry’s supply chain

“All of our business expectations are upside down right now,” said Kobie Evans, co-owner of marijuana store Pure Oasis in the Grove Hall neighborhood of Boston. “The virus has thrown everything into a tailspin.” Pure Oasis is preparing to build a new retail store in downtown Boston and its own …

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A replica 19th-century ship moors in Channel Islands Harbour

The Mystic Whaler last week sailed into her new homeport, Channel Islands Harbor, where she will serve as a “floating museum.” The replica tall ship will eventually be open to the public and show what life was like for seafarers in the 19th century. The opening date has not yet …

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Connection of offshore wind energy to the grid

The fourth round of the UK government’s Contracts for Difference (CfD) auction scheme, designed to boost investment in low-carbon energy, has begun and aims to support 12GW of new generation capacity. It will provide £285m annually in support for low-carbon energy production, which the Department for Business, Energy and Industrial …

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Food shortages in the US are worsening as supplies are drying up from the pandemic

Jan 14 (Reuters) – High demand for groceries coupled with rising freight costs and Omicron-related labor shortages are causing a new round of backlogs at processed food and fresh produce companies, resulting in empty supermarket shelves at major retailers across the United States. Before the pandemic, perishable growers on the …

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Record throughput of TEU cargo on board the MSC ship in the Port of Felixstowe

Record set at Port of Felixstowe handling 23,773 TEU on a single vessel (Hutchinson Ports) Published 01/14/2022 17:04 by The Maritime Executive Officials at the Port of Felixstowe in the UK report that the terminal, operated by Hutchinson Ports earlier this week, handled what is believed to be the largest …

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Dry Cargo Transport Market, Key Player, Analysis, Type and Business Opportunities, Current Trends, Forecast to 2030

Bulk Carrier Market: Information by Type, Application & Geography – Forecast to 2030 NEW YORK, NEW YORK 10013, UNITED STATES, Jan 14, 2022 /EINPresswire.com/ – Overview of the bulk transportation market: The Dry Bulk Market is projected to be valued at $ 5,479.71 million by 2030, which is a 4% …

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What to Consider When Buying Your Offshore Stocks in 2022

Columnists What to Consider When Buying Your Offshore Stocks in 2022 Friday January 14th 2022 People visit the electric car maker Tesla’s showroom in the El Corte Ingles store in Lisbon. The company and technology-oriented firms are among the best performing stocks to invest in. PHOTO | AFP From RUFAS …

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The gas crisis in Europe depends on cold, high prices attracting supply

FRANKFURT, Germany – Europe’s natural gas crisis is not easing. The reserves are low. The prices are high. Utility customers are hit by higher bills. The large Russian supplier Gazprom no longer sells gas as it used to. The question arises: How exactly does Europe, which imports the majority of …

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South Carolina Ports mark record year in 2021

In 2021, South Carolina Ports reported the handling of 2.75 million TEU at its container terminals for its best calendar year in history. SC Ports owns and operates the Port of Charleston, which includes the container terminals Wando Welch Terminal, North Charleston Terminal and Hugh K. Leatherman Terminal, as well …

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Zim could give up the Israeli flag due to a tax dispute

After years of losses Zim Integrated Shipping Services Ltd. (NYSE: ZIM) is now making profits, and the company has immediately started discussions with the Israeli tax authorities and the Treasury Department about the tax rate it should pay. Company sources have sent a “message” to Treasury Department officials that if …

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BNOW debuts scholarships for students interested in offshore wind careers

Liz Burdock The Business Network for Offshore Wind has launched its new Rising Star: Offshore Wind Scholarship to develop the next generation of leadership positions in the offshore wind sector. As it expands rapidly to meet the demand for renewable energy, the U.S. offshore wind industry needs skilled, intelligent, and …

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Older reefer vessels reactivated as SA seasonal exports come under pressure

Credit-Schifffinder.com By Charlie Bartlett, European correspondent 11/01/2022 South African exports are coming under pressure due to increasing traffic jams and the lack of available reefer containers. This had several knock-on effects, including the retirement of older-style mass refrigerated ships. The congestion caused by the same phenomena affecting supply chains elsewhere …

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Shipping Intelligence – Markets – Business Recorder

KARACHI: Karachi Shipping Intelligence report with changes by 7:00 a.m. on Monday (January 10, 2022). ============================================================================= ALONGSIDE EAST WHARF ============================================================================= Berth Ship Working Agent Berthing No. Date ============================================================================= OP-1 M.T Disc. Pakistan National Karachi Crude Oil Shipping Corp. 08-01-2022 OP-2 M.T Disc. Pakistan Nation 07-01-2022 Shalamar Crude Oil Shipping Corp. …

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Genting’s German shipyard files for bankruptcy

Cruise ship Global Dream earlier under construction at MV Werften (MV Werften) Posted on January 10, 2022 3:19 PM by The maritime executive The German shipyard Genting Hong Kong filed for bankruptcy on January 10 after the Malaysian parent company and German officials failed to reach an agreement on the …

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Daily Oil Price Fundamental Forecast – Speculators are betting on the escalation of supply problems in Kazakhstan

US West Texas Intermediate and international Brent crude oil futures gave way on Friday as traders weighed delivery concerns over the civil unrest in Kazakhstan and outages in Libya against a US labor market report that fell short of expectations and its potential impact on Federal Reserve policies. On Friday …

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Barrie Hewlett Obituary – Florida Times-Union

HEWLETT Barrie Wayne Hewlett stepped into the presence of his master on New Year’s Eve 2021. He loved his family and friends, and they loved him and will miss him. He is remembered by those who knew him as a man of honesty and fidelity to his God and to …

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Carbon ships? The path to net zero can be overlooked by sea.

It’s no secret that we urgently need to address climate change. The IPCC’s Sixth Assessment Report called for net zero carbon dioxide emissions from all human sources in order to stabilize the global climate. Perhaps more surprising are two insights from the 23rd World Petroleum Congress, held in Houston last …

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Terminal 5 on Harbor Island is home to the first container ship since the renovation; Phase one is now complete

MSC Monterey docked at Terminal 5 in West Seattle. The arrival of this container ship marks the end of the first phase of the renovation of Terminal 5. Photo of Russ Reading Photography The Northwest Seaport Alliance and SSA Marine announced on Friday that the renovation phase of Terminal 5 …

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Bulkers wait offshore as Indonesia prepares to lift coal export ban

Indonesia halted export shipments of coal while increasing domestic shipments (file photo) Published January 7, 2022 6:50 PM by The maritime executive Indonesia appears ready to lift its coal export ban just a week after sending shock waves across world markets declaring that it is suspending all export shipments for …

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Cosco unit wins business from world’s largest solar PV project

The Sheikh Mohammed Bin Rashid Al Maktoum solar park, currently the largest single solar system in the world. © Pazemin Dreamstime.com From Martina Li in Taiwan 07/01/2022 The Al Dhafra PV2 solar project in Abu Dhabi, the world’s largest single-site photovoltaic system, has awarded Cosco Shipping Specialized Carriers (CSSC) a …

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The hottest cruise lines in the fourth quarter of 2021

Photo credit: muratart / Shutterstock.com. Ship Technology has listed five of the top rated companies in Twitter-related cruise-related discussions, based on research from GlobalData’s Travel and Tourism influencer platform. The top companies are the most featured companies in the Twitter discussions of 150+ cruise professionals tracked by GlobalData’s Travel and …

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South Korean 1.5 GW offshore floating wind and energy storage project approved

Singapore-based underwater engineering company G8 has received approval to continue plans for a 1.5 GW offshore wind project agreed with South Korean industrial conglomerate Holim Tech. The offshore wind farm is to be coupled with a next-generation lithium-ion energy storage system with an ultra-long service life from G8 technology partner …

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US Port Ambassador: Pandemic has shown the “fundamental reality” of the supply chain and the need for increased resilience

John Porcari, Port Envoy for the White House Supply Chain Task Force, spoke at the White House press conference yesterday, addressing questions about Omicron’s impact on ports, getting medical care where it is needed on time, trucking shortage and much more. Porcari reviewed the work of the task force – …

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Tankers diverted from Asia to Europe as gas prices continue to rise

GGood morning. Wall Street is known to be skeptical about cryptocurrencies, but Goldman Sachs makes some optimistic predictions about the outlook for Bitcoin. The bank said the $ 100,000 price milestone, often touted by digital coin advocates, is very likely as gold continues to gain market share. Goldman said that …

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Australian opposition promises strategic naval fleet

PHOTO CREDIT: Offshore Energy The Australian Labor Party (ALP) has presented a plan to build an independent strategic fleet of ships under the Australian flag and crew. The aim, according to the ALP, is to restore Australia’s domestic shipping sector and ensure national trade and shipping capacity in times of …

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Algeria’s Sonatrach presents a five-year investment plan worth $ 40 billion

Sonatrach will invest the money in gas exploration and production as well as oil exploration, production and refining. Photo credit: Anita Starzycka / Pixabay. Algeria’s state-owned oil company Sonatrach reportedly plans to invest $ 40 billion over five years through 2026. According to a report by Agence France Presse, the …

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The supply of monoclonal antibodies is resumed

BIRMINGHAM, Alabama (WDEF) – The Alabama Department of Health reports that the government has resumed shipping of monoclonal antibodies to treat Covid patients. The supply was stopped on December 23 by the federal government. The supply was already limited when a study showed that 2 of the 3 monoclonal antibody …

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Evergreen Workers Receive Generous Bonuses: Reports

Evergreen Marine Corp, the largest container shipping company in Taiwan, reportedly distributed year-end bonuses of up to 40 monthly wages to some of its employees yesterday. Some Evergreen employees have received approximately NT $ 2 million (US $ 72,228) in individual bonuses, local media reports said. A couple who are …

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Classic energy-saving device reaches Guinness world record

Courtesy of MOL Tech Posted on January 3, 2022 12:47 AM by The maritime executive An energy-saving device developed by MOL three and a half decades ago, which was attached to the propeller of ships, has entered the Guinness world records as a worldwide bestseller. The Japanese Mitsui OSK Lines …

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Why Nova Scotia Fossil Fuel Megaprojects Are Going Too Bankrupt

Several of Nova Scotia’s energy mega-projects have failed in the past few months and years, and some say society’s shift towards renewable energy is the reason. AltaGas, the company with plans to store up to 10 billion cubic feet of natural gas in underground caverns along the Shubenacadie River, announced …

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Covid updates: New York reports 85,000 cases, a new daily record

The Puerto Rico Department of Health is conducting drive-through molecular and antigen tests for Covid-19 in Loiza, Puerto Rico on Friday.Credit…Gabriella N. Baez for the New York Times The United States is in the midst of a spike averaging more than 300,000 new cases per day for the first time …

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Symbolic or Significant? The 4,000-mile freight railway between Istanbul and Pakistan

Hagia Sophia in Istanbul, Turkeyphoto: Chris McGrath (Getty Images) Last year the world became aware of the dangers of global logistics. Shipping has been pushed to its limits due to the emerging restrictions caused by the six-day closure of the Suez Canal from Ever Given to the bottlenecks in large …

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The supply chain crisis is expected to extend into 2022

If you thought the shipping crisis was over, think again. As we head into 2022, Aussies should expect longer delays, fewer products, and rising prices. If you thought the shipping crisis was over, think again. By early 2022, Aussies should expect longer delays, fewer products, and soaring prices, affecting everything …

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