Uncategorised

Ukraine President Volodymyr Zelenskyy has officially confirmed the launch of Russia’s military operation against the country.

Calling the move as ‘an unjustified, deceitful, and cynical invasion’, Zelenskyy said missile strikes were targeting the country’s military and other critical defence facilities, and artillery fire on border units.

Several explosions were heard in multiple cities in Ukraine.

According to media reports, the Russian Defence Ministry was cited as saying, in a statement, that...

https://www.ship-technology.com/uncategorised/russias-putin-announces-launch-of-military-operation-against-ukraine/

Using a combination of AI and technology, FuelTrust is assisting the maritime industry with its technology platform to authenticate marine fuel lifecycles. Using the technology, the company can digitally verify data from shared sources, ensure and validate decarbonisation and compliance, and also identify the potential risk of bunker fraud – the potential fraud which sees the sale and purchase of smuggled or stolen bunker fuel to avoid custom duties and other taxes.

The AI technology, named...

https://www.ship-technology.com/uncategorised/fighting-fuel-fraud-with-ai-solutions-from-fueltrust/

Here are the largest port facility construction projects initiated globally in Q3 2021, according to GlobalData’s construction projects database.

1. Map Ta Phut Deep-Sea Port Phase III – $1,690m

The project involves the construction of a deep-sea port on 160ha of land in Map Ta Phut industrial estate, Rayong Province, Thailand.

Construction work started in Q3 2021 and is expected to be completed in Q4 2027.

2. Ramayapatnam Cargo Port – $1,406m

The project involves the construction of a port...

https://www.ship-technology.com/uncategorised/five-largest-port-facility-construction-projects-q3-2021/

Verdict has been conducting the poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic.

Analysis of the poll responses recorded in September shows that optimism regarding future growth prospects increased by four percentage points to 63% from 59% in August.

The respondents who were optimistic remained unchanged at 23% in September, while those very optimistic increased by four percentage points to 40%.

https://www.ship-technology.com/uncategorised/business-optimism-improves-in-september-poll/

Ride-hailing company Uber is launching a pension scheme for its 70,000 UK drivers that will require it to make payments back to 2017, following its Supreme Court loss earlier this year.

Private hire drivers will be auto-enrolled onto the scheme, which will see Uber contribute 3% of a driver’s earnings into a pension plan – the minimum required under UK employment law. Drivers must make a minimum contribution of 5% and can choose to opt-out.

The Uber driver pension will be provided by NOW:...

https://www.ship-technology.com/uncategorised/uber-rolls-out-radical-innovation-for-driver-satisfaction-pensions/

Verdict has been conducting a poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic.

Analysis of the poll responses recorded in June shows that optimism regarding future growth prospects improved to 60% from 59% in May.

The respondents who were optimistic increased by two percentage points to 23% in June, while those very optimistic decreased by one percentage point to 37%.

The respondents who were...

https://www.ship-technology.com/uncategorised/business-optimism-improves-marginally-in-june-poll/

Verification by independent auditors ensures that a company’s financial and non-financial data is accurate. It helps in filling the gap between ESG disclosures and building investor trust.

Verdict has conducted a poll to assess whether the independent verification of ESG disclosures made by companies and businesses is important.

A majority 83% of the respondents to the poll consider independent verification to be important, while the remaining 17% opined otherwise.

The analysis is based on 346...

https://www.ship-technology.com/uncategorised/poll-finds-independent-verification-of-esg-disclosures-to-be-important/

Barcelona New Economy Week will run from 6–9 October and feature 350 top speakers from the business sectors of logistics, real estate, digital industry, e-commerce and economic zones.

The hybrid, business-to-business event – which will take place in physical and virtual forms – is organised by Consorci de la Zona Franca (CZFB) and will showcase the way in which Barcelona is preparing for the post-Covid world and the ‘new economy’. It is the first big business event of the year for the city and...

https://www.ship-technology.com/uncategorised/bnew-2020/

Hong Kong-based Hutchison Ports has signed an agreement with the Egyptian Navy to develop and operate the new container terminal in Abu Qir, Egypt.

Estimated with an investment of $730m, terminal location is within the Abu Qir Naval Base, naturally sheltered by the Abu Qir peninsula.

A two-way highway will connect the project, with three traffic lanes on each side, along with a residential bypass that links it to Alexandria.

It will also connect to the national road network to Cairo, the capital...

https://www.ship-technology.com/uncategorised/hutchison-ports-new-container-egypt/