Shipping insurance costs across the Black Sea are skyrocketing

LONDON, Feb 25 (Reuters) – Insurers have raised the cost of cover for merchant ships crossing the Black Sea, adding to soaring freight rates in the region for vessels still ready to sail after the invasion of Ukraine by Russia. Shipowners pay war risk insurance annually as well as an additional “infraction” premium when entering … Read more

Here is a glimpse of a future hothouse if greenhouse gases are not brought under control

Throughout the history of our planet, the Earth has oscillated between a hothouse and an icehouse. Today, our home is supposed to be in a period of global cooling, but human emissions of greenhouse gases are reversing this natural trend at a rapid and unprecedented rate. One of the last times Earth went from icehouse … Read more

Here is a glimpse of a future hothouse if greenhouse gases are not brought under control

Throughout the history of our planet, the Earth has oscillated between a hothouse and an icehouse. Today, our home is supposed to be in a period of global cooling, but human emissions of greenhouse gases are reversing this natural trend at a rapid and unprecedented rate. One of the last times Earth went from icehouse … Read more

Air Napier Ocean Flyer’s $800 million deal with Regent Seagliders to revolutionize travel in New Zealand

The video shows the simulation of Regent’s electric Seagliders in operation. Video / Regent A New Zealand company is trying to raise nearly $800 million for an ambitious project to connect cities and towns with all-electric ‘sea gliders’, a boat-plane hybrid with top speeds of up to 540 km/h. If out of the water, Ocean … Read more

Shipbuilding in China for Taiwanese firm likely helps bolster Chinese navy – US think tank

A crane lifts an Evergreen Marine container at the port of Kaohsiung, Taiwan August 7, 2017. REUTERS/Tyrone Siu Join now for FREE unlimited access to Reuters.com Register WASHINGTON, April 7 (Reuters) – Contracts between China’s top state-owned shipbuilding company and Taiwan’s top shipping company are likely to cut costs for modernizing China’s navy, raising security … Read more