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- A + A A weekly round-up of tanker and dry bulk market (May 20, 2022) This report is produced by the Baltic Exchange. The Baltic Exchange, a wholly-owned subsidiary of Singapore Exchange, is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. For daily freight market reports and assessments, please visit www.balticexchange.com . Capesize The Capesize market began the week at the summit of the recent rally. This necessitated a breather before sentiment strengthened, helping it to push up throughout the week and marking new highs for the year. The Capesize 5TC rose +US$4,805 over the week to close at US$37,538. The Pacific region, while easily the premium region to trade currently, was in … [Read more...] about Baltic Exchange shipping updates: May 20

- A + A (May 20): President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies and news websites have suffered sporadic hacking attempts since Russia sent its armed forces into Ukraine on Feb 24, often to show information that is at odds with Moscow's official line on the conflict. "Targeted attempts are being made to disable the internet resources of Russia's critical information infrastructure," Putin said, adding that media and financial institutions had been targeted. "Serious attacks have been launched against the official sites of government agencies. Attempts to illegally penetrate the corporate networks of leading Russian companies are much more frequent as well," he said. In a meeting with the Security Council, Putin said that … [Read more...] about Putin promises to bolster Russia’s IT security in face of cyber attacks

Transport Minister Datuk Seri Dr Wee Ka Siong (Photo by Sam Fong/The Edge filepix) - A + A LABUAN (May 20): The Ministry of Transport (MOT) is considering calling a request for proposal (RFP) for the proposed Labuan integrated port project in Rancha-Rancha. Minister Datuk Seri Wee Ka Siong said his ministry’s agency Labuan Port Authority (LPA) would come up with a complete guideline of the RFP for interested bidders. “I have to wait for the guideline of RFP from LPA and subsequently will call for a RFP to invite project proponents to come in to give the best option and then LPA will review and evaluate it for MOT’s endorsement,” he told reporters after witnessing the signing of the heads of agreement between Victoria STS Sdn Bhd and Fendercare Marine Asia Pacific Pte Ltd on the ship-to-ship cargo transfer collaboration. In May 2012, then Deputy Transport Minister Datuk Abdul Rahman Bakri said during his visit here that the proposed integrated port, estimated … [Read more...] about Ministry mulls request for proposal for Labuan integrated port

- A + A KUALA LUMPUR (May 20): Malaysia Airports Holdings Bhd (MAHB), which received the visit of the International Civil Aviation Organisation (ICAO) president Salvatore Sciacchitano at the KL International Airport (KLIA) on Friday (May 20), has echoed the Malaysian government’s commitment towards ensuring a holistic and sustainable aviation industry recovery. “All our efforts in the last two years and moving forward plans are geared towards sustainability,” managing director Datuk Iskandar Mahmood said in a statement. He said on top of ensuring safety in the new normal for passengers, the airport operator has been collaborating with various stakeholders to promote travel and tourism to Malaysia. “It also includes expanding network connectivity by incentivising airlines to either resume operations or introduce new routes, as well as implementing safe and seamless airport processes,” he said. He said MAHB is also embarking on its efforts in various digitalisation … [Read more...] about MAHB echoes government’s commitment to ensure holistic, sustainable aviation industry recovery

ORLANDO, Florida: University of Central Florida scientists are charging on with an experimental battery capable of reinventing how automobiles and spacecraft are made. By reworking the idea of energy sources, a UCF research group is creating a lightweight battery that would double as the outer shell of a vehicle in what the group is calling its “power suit” project. Led by UCF College of Engineering Professor Jayan Thomas, the group plans to accomplish this with nanotechnology – supercapacitor composite material involving graphene arranged over carbon fiber in a fan-like structure, Thomas said. “The advantage is its lightweight, and can increase the mileage because you’re reducing the weight of the car and in addition to that, you can store energy like your battery in the same composites,” said Thomas, who conducts his research at UCF’s NanoScience Technology Center. While reducing weight, the suit is thought to increase an electric car’s range by 25% to 30%; equating to about … [Read more...] about US university charges on with ‘power suit’ as a new battery for electric cars, spacecraft

HONG KONG/HANOI: TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people familiar with the matter said. Featuring games on its platform would boost advertising revenue as well as the amount of time users spend on the app – one of the world's most popular with more than 1 billion monthly active users. Boasting a tech-savvy population with 70% of its citizens under the age of 35, Vietnam is an attractive market for social media platforms such as TikTok, Meta Platforms Inc’s Facebook and Alphabet Inc’s YouTube and Google. TikTok, which is owned by China's ByteDance, also plans to roll out gaming more widely in South-East Asia, the people said. That move could come as early as the third quarter, said two of them. The sources declined to be identified as the information has yet to be publicly disclosed. A TikTok representative said the company has tested bringing HTML5 games, a common … [Read more...] about TikTok plans big push into gaming, conducting tests in Vietnam, sources say

New England Patriots wide receiver Julian Edelman tweeted a hilarious birthday tribute to his superstar quarterback Saturday. The reigning Super Bowl MVP seems to always deliver for Tom Brady and did so once more on Brady’s 42nd birthday. (RELATED: Celebrate Tom Brady’s Birthday With His Greatest Moments) The comedic tribute will make your weekend. “You’re too f’n old for birthday cake,” Edelman wrote. You’re too f’n old for birthday cake ???????? #HBDTB12 pic.twitter.com/hzvNNHWRoZ — Julian Edelman (@Edelman11) August 3, 2019 I’m not sure that Brady’s too old for a birthday cake, but I’m pretty confident that his insane diet won’t allow him to indulge this close to football season, even on his birthday. Heck, Brady is probably celebrating his birthday by watching film. (RELATED: Tom Brady Explains Why He Takes Less Money) That’s what makes Brady the greatest quarterback of all time, and inspires such confidence from his teammates such as … [Read more...] about Julian Edelman Offers Hilarious Birthday Tribute To Tom Brady

Share to Twitter Share to Linkedin Topline A host of countries including France, Germany, Belgium and Australia on Friday began to report their first infections of monkeypox—a virus usually limited to certain regions in Africa—a day after the New York City Health Department said it was investigating a potential case in the city. Key Facts The United Kingdom on Friday reported 11 new cases after confirming its first infection in early May, while Spain reported more than a dozen new infections. The new infections—which are usually found in parts of Central and Western Africa, but are rare elsewhere in the world—come after Spain, Portugal, Italy and Sweden this week all reported their first monkeypox cases in the current outbreak, many of which were not linked to travel to Africa. The New York City Health Department said it was conducting tests to confirm a possible infection in a patient at Bellevue Hospital in Manhattan just a day … [Read more...] about Europe Reports Growing Number Of Monkeypox Infections As NYC Investigates Potential Case

Share to Twitter Share to Linkedin Topline Cases of monkeypox, a rare infection typically found in specific parts of Africa, have been confirmed in Europe, the U.K. and the U.S. , while more than a dozen more are suspected and experts are unclear as to how, where and for how long the virus has been spreading in the community. Key Facts Monkeypox is usually found in parts of Central and Western Africa, with infections elsewhere rare and typically linked to travel to those regions. The virus does not spread easily between people and can be transmitted through close contact with an infected animal, person or contaminated materials like towels or bedding, mostly via respiratory droplets but also through contact with bodily fluids or monkeypox sores. Early symptoms of monkeypox include fever, muscle aches, headache, chills, exhaustion and swollen lymph nodes, with many going on to develop a rash within one to five days after fever … [Read more...] about Monkeypox: Here’s What You Need To Know About The Rare Virus Found In The U.S., U.K. And Europe

Share to Twitter Share to Linkedin President and CEO at Volt Active Data, Inc . The future is at the edge. No matter which industry report you put your faith in, the edge computing market is poised to blow up. User expectations, IoT proliferation and 5G latency are converging to test the limits of physics. 5G squeezes the latency possibilities from 4G’s 200 milliseconds to single-digit milliseconds. This squeeze is 5G’s most exciting promise and the single-most-important reason to move computing workloads as close to the action as possible: onto edge sensors and devices or in edge data centers. Consider a healthcare IoT system. It collects patients’ vital data through sensors, analyzes it to spot anomalies, uses machine learning algorithms to make inferences and triggers a notification so caregivers can take appropriate actions in a timely manner. To be useful, all this has to happen in real time (i.e., within single-digit milliseconds). But … [Read more...] about The Power Of Machine Learning At The Edge