HONG KONG: After a career making shipping containers that transport freight around the world, Arthur Lee has stayed with them in retirement, using them to raise crops and fish. Operating on a rented 1,000-square-meter (quarter-acre) patch of wasteland in Hong Kong’s rural Yuen Long, Lee’s MoVertical Farm uses about 30 decommis- sioned containers, some decades
The CMA CGM JACQUES SAADE has joined CMA CGM Group’s fleet thus becoming the largest LNG-powered container ship in the world. A global leader in shipping and logistics, CMA CGM has made the symbolic choice of naming its new flagship after its founder, Jacques Saadé, a visionary and entrepreneur. A unique naming ceremony for a
Royal Dutch Shell (RDSB.L) is looking to cut up to 40% off its costs related to producing oil and gas as it focuses on the renewable energy and power markets. That’s according to a source who spoke exclusively to Reuters. The project is known internally as Project Reshape and is expected to be completed
LAGOS (Reuters) – Nigerian President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally presented in the Senate as early as next week, four sources familiar with the matter told Reuters. The legislation has been in the works for the past 20 years, and the main laws governing Nigeria’s oil
Ever since tech giant IBM joined hands with ProMare and the Finnish Wärtsilä to develop one of the world’s full autonomous ships, the internet has been abuzz with their activities. The Mayflower Autonomous Ship (MAS) is one of the most high-profile initiatives striving to revolutionise a 10,000-year-old transportation format. Any breakthrough in this project has
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