As the population grows, and the global standard of living improves, humanity’s appetite for seafood is increasing. In 2020, seafood consumption reached an all-time high, with an average of 20 kg consumed annually by every person on the planet. Up to now most of this was caught in the world’s freshwaters and oceans. But things are changing, and today half
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Environmental concerns are influencing a greater need for renewable and sustainable energy across the world with specialist technologies being at the forefront of new designs and solutions. As maritime industries begin to tackle climate change issues, ports and shipping companies are looking for carbon-free alternatives by testing potential solutions for vessels. The requirement to make a move toward greener shipping
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The COVID-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago,” says Gita Gopinath, chief economist at the International Monetary Fund (IMF). She believes the global economy will shrink by nearly 5 percent. The maritime industry will be hit especially
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By Greg Dutfield We all know the mantra: Stay close to the customer. Never has it been more critical than in the current COVID-19 world when customer visits are not possible and face-to-face interactions are just not happening. Maxon UK&I has always excelled at building first-class customer relationships. So, what can we, as sales engineers, and as a business, do
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In order to achieve the ambitious goal of mapping the world’s oceans by the year 2030, the combined efforts of marine technologists and scientists from around the world will be needed to develop and deploy the next generation of ocean mapping technology. Responding to this challenge, the Marine Technology Society (MTS) D.C. section and headquarters office held a virtual conference in
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By William Hill Upheaval, change and advances are nothing new for the global energy sector. They have shaped the business for at least the past decade. But what the market is facing in 2020 is something else: The coronavirus pandemic, falling oil prices and collapsing demand could prove to be an existential threat for some operators. Although many of the
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