Last week, Hyundai Heavy Industries announced that it will be launching a new division centered on hydrogen – not just hydrogen propulsion, but an integrated business covering the full value chain of production, transport, sales and marketing. That chain starts with Hyundai Oilbank’s recent deal with Saudi Aramco for the joint development of blue hydrogen […]
Until recently, Autonomous Underwater Vehicle (AUV) operations have been viewed as a logical next step from those carried out with Remotely Operated Vehicles (ROVs). Launched from a ship, AUVs can autonomously carry out complex underwater survey tasks leaving the surface vessel to monitor its progress, potentially managing other AUVs or undertaking additional survey duties at […]
Suez Crisis Highlights the Fragility of the Global Supply Chain. First came the pandemic of 2020, roiling shipping and disrupting the supply chains in and out of China before spreading out to the rest of the world. Then came one of the biggest hurdles the logistics industry has faced in years – a six-day closure […]
Seeking to take advantage of the UK’s aggressive efforts to build its offshore wind energy industry, additional companies are pursuing efforts to develop pre-commercial projects. The goal is to establish the project concepts and infrastructure to have them ready for acquiring future leases. The UK’s Crown Estate recently completed a new round of project developments […]
The cruise industry continues to announce summer programs designed to take advantage of the UK’s plans to incrementally reduce travel restrictions related to COVID-19. So far, 10 cruise lines have detailed their plans to offer the summer programs for UK residents, including today’s announcement that the Royal Caribbean Group’s Celebrity Cruises would join the other […]
In an effort to position Japan as a leader in the next generation of environmentally-friendly vessels and meet the country’s goals for lower emissions, the ports in the Tokyo municipal region are implementing an incentive for vessels that use alternative fuels. Starting April 1, 2021, and running for the next five years, port entry fees […]
The Georgia Ports Authority approved a series of capital improvement projects responding to the rapid growth in volumes at the ports in the past six months. The projects, which will build on ongoing efforts at the ports, will add more than 20 percent capacity both for the container operations and in Ro/Ro vehicle traffic. “Right […]
Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million. Cargotec expects that the deal will have approximately EUR 230 million positive impact on its operating profit in 2021. The final purchase price will be determined based […]
[By: COLUMBIA Blue] The Columbia Group is propelling its involvement in the leisure and lifestyle markets to the next level by combining its various business lines and brands in the Super Yacht and Cruise sectors under one holding entity called COLUMBIA blue. While the existing business lines and specialised offerings of Swiss Ocean and Columbia […]
Global freight transportation specialist Dimerco has commenced operations at Indonesia’s first and only e-commerce Bonded Logistics Centre (BLC). The 10,000+ sq m bonded warehouse is the first of its kind in the region and will provide an integrated, multimodal transport service to customers and deliver significant benefits, including faster eCommerce fulfilment and reduced costs. The […]
Oman Air last night joined individuals, businesses and organisations around the world to mark Earth Hour 2021 at 08:30 pm to 9:30 pm Oman local time. This year’s ceremony was toned down to respect COVID-19 safety measures, with lights switched off symbolically at the company’s headquarters in Muscat, coinciding with network destination outstations. “Tackling climate […]
Oman Air has resumed flights to Milan on March 28. The twice-weekly flights will operate on Sundays and Wednesdays as WY143 from Muscat and WY144 from Milan. Flights from Muscat will depart at 14:35 and arrive in Milan at 19:45. Flights from Milan will depart at 22:05 and arrive in Muscat at 06:40. Go to […]
