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Top related persons:
Patrick Ryan - 1 Covid - 1 Courage - 1 Avikus - 1 Carol Schleif - 1 Rudy Negenborn - 1 — Ryan - 1 Ryan - 1
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Danish Covid Avikus Freeport of Mexico Panama Korea Red
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Maersk - 2 Mitsui - 2 Research - 1 American Bureau of Shipping - 1 Hyundai - 1 Yara International ASA - 1 Yara - 1 BMO Family - 1

Search resuls for: "Mitsui O.S.K"


4 mentions found


☆ Self-navigating ships could change the shipping industry. Here are the companies poised to benefit
  + stars: | 2024-02-02 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +7 min
Worldwide, the autonomous ships market reached $4.13 billion in 2022, and is forecasted to grow to $10.1 billion in 2032, according to Emergen Research . Avikus said this journey marked the first time autonomous navigation successfully enabled a large vessel to complete a trip over 10,000 kilometers. HiNAS 2.0 deployed a level-three autonomous navigation system, meaning that human intervention is only deployed in an emergency situation. The success of the HiNAS 2.0 and Prism Courage journey marked a foray into greater commercialization and implementation of autonomous ship navigation technology. The company is aiming for its fully autonomous ship technology to reach full-scale commercialization by 2025.
Persons: Patrick Ryan, Covid, Courage, Avikus, Carol Schleif, Rudy Negenborn, — Ryan, Ryan, BMO's, Morgan Stanley, Ravi Shanker, Shanker, Hunt, C.H, Robinson, Negenborn Organizations: Research, American Bureau of Shipping, Hyundai, Yara International ASA, Yara, BMO Family, Delft University of Technology, Moeller, Maersk, Yara International, Mitsui, Mitsui O.S.K, Royce, Shipbuilders, Expeditors International Locations: Covid, Avikus, Freeport, of Mexico, Panama, Korea, Red, Suez, U.S, Danish, American, ADRs, Japan
☆ Investing in Space: On satellites, the invisible backbone of global industry
  + stars: | 2023-10-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +4 min
Shipping company Maersk posted record annual earnings for 2022 but warned that profits are set to tumble this year as a "more balanced demand environment" emerges. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. GPS, geospatial intelligence and satellite communications are the invisible backbone that powers the world's largest industries today." That's the core of Space Capital managing partner Chad Anderson's pitch to new investors about the value of the space industry – and I think the "invisible backbone" element serves as an important reminder. Satellites have been, are, and will continue to be a critical backbone of the world's industries – even if we don't notice.
Persons: CNBC's Michael Sheetz, Chad Anderson's, David Sherry, Sherry, Starlink, We've, Lloyd Organizations: Shipping, Maersk, Space Capital, Starlink, Mitsui, Eastern Pacific Shipping, Polembros Shipping Locations: Danish, Mitsui O.S.K
☆ Japan's Mitsui OSK, Kansai Electric sign MoU on carbon capture and storage
  + stars: | 2022-12-23 | by ( ) www.reuters.com   time to read: 1 min
SINGAPORE, Dec 23 (Reuters) - Japanese shipping company Mitsui O.S.K Lines (MOL) (9104.T) and Kansai Electric Power Co (KEPCO) (9503.T) have signed a memorandum of understanding (MoU) to study the development of a carbon capture and storage (CCS) value chain. The value chain includes the separation, capture, transportation, injection and storage of carbon dioxide emitted from KEPCO's thermal power plants, said MOL in a statement on Wednesday. Both MOL and KEPCO will also look at developing marine transportation of liquefied carbon dioxide to potential storage sites, the statement added. Industries worldwide are exploring carbon capture and storage solutions to try to reduce emissions and meet environmental targets. Reporting by Emily Chow; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
☆ Tug boats spray water on burning ship carrying Porsches, Bentleys
  + stars: | 2022-02-22 | by ( Catarina Demony Victoria Waldersee | Catarina Demony | Victoria Waldersee | ) www.reuters.com   time to read: +2 min
LISBON, Feb 22 (Reuters) - Heavy tug boats on Tuesday sprayed water on a ship off the coast of Portugal's Azore Islands which went on fire nearly a week ago carrying thousands of Porsches and Bentleys, an incident insurance experts said could result in $155 million in losses. The 22 crew members on board the ship, called the Felicity Ace, were evacuated the same day the fire broke out. Two large tug boats equipped with firefighting gear arrived from Gibraltar on Monday, and were working with another patrol boat to spray water at the Felicity Ace and cool it down, MOL said. "When conditions are safe the salvage team will board the Felicity Ace for an initial assessment," MOL added. Two other tug boats with more firefighting equipment were scheduled to arrive Feb. 23 and Feb. 26.
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