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Mitsubishi Shipbuilding Completes Conceptual Study for Ammonia/LCO2 Carrier

ruth
3 minutes

TOKYO, Apr 19, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group based in Yokohama, has completed a conceptual study for the design of an "Ammonia/Liquefied CO2 Carrier" capable of transporting both ammonia and liquefied carbon dioxide (LCO2). The extensive study conducted with Mitsui O.S.K. Lines, Ltd. provides the basis for a type of vessel with potential to become mainstream in the LCO2 carrier market by flexibly meeting the projected increase in demand for transporting ammonia and LCO2.Image of "Ammonia/Liquefied CO2 Carrier"Ammonia is a source of stable clean energy projected to be used widely in the future, and LCO2 carriers play an important role in the carbon dioxide capture, utilization, and storage (CCUS) value chain, which is attracting attention as a means to achieve a decarbonized world, by providing a way to efficiently transport recovered LCO2 to storage sites and facilities for effective utilization. MHI Group estimates that the volume of CO2 reduction due to CCUS will amount to 4.3 to 13.0 billion tonnes annually by 2050.The vessel for transporting ammonia and LCO2 developed through this conceptual ...

SeaPRwire

Signs of severe overpricing in key US markets

elean
1 minute

(NYTIMES) - The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been this overpriced simultaneously in modern history. What is happening isn't caused by any single objective factor. It may be best explained as a result of a confluence of popular narratives that have together led to higher prices. Whether these markets will continue to rise over the short run is impossible to say. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Women’s review: Differing views on how to achieve gender equality will need to be reckoned with

aseanpr
1 minute

SINGAPORE - After more than 160 dialogues involving over 5,700 people, a clearer portrait of the Singapore woman has emerged. While women have made strides over the years, they continue to face workplace discrimination and are still expected to shoulder much of the caregiving role at home. Other challenges like being sexually targeted and exploited both online and offline also persist. The general consensus about why this is so, is that attitudes in society have not modernised fast enough. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Covid-19 pandemic opens doors for firms to shape fairer, greener, more inclusive future: Finance Minister Lawrence Wong

aseanpr
5 minutes

SINGAPORE - Two years ago, like many people around the world, Finance Minister Lawrence Wong had not heard of video-conferencing app Zoom. He preferred to meet people for discussions and scoffed at the idea of having virtual meetings, he said. Yet today, nearly all his work meetings are conducted online. "I've found them to be equally effective in getting things done. I'm sure many of you share a similar experience," he told a group of corporate leaders on Wednesday (Sept 8). Speaking on the theme of Asia's Renaissance: The New Era Of Recovery And Reopening at the Singapore Institute of Directors Conference, Mr Wong added that traditional barriers to digital adoption are falling, especially in industries that were slow to adapt before. This will likely speed up digital transformation in sectors such as energy, construction and other domestic services, where there are still many opportunities for digital solutions to generate new value and productivity gains, he said. He added that Covid-19 is likely to become yet another endemic disease that people will have to learn to live with, such as chicken pox and influenza. "So we can't talk about post-Covid-19 anymore because Covid-19 will...

SeaPRwire

Singapore population census: Of strata titles and stratification

aseanpr
1 minute

SINGAPORE - Smaller households - in terms of fewer members - are on the rise. More are staying in condominiums; although for private properties overall, large variations continue to exist between ethnic groups. These findings from Census 2020 raise key issues around stratification, representation and social cohesion, say experts. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Millennials to take the lead in ESG revolution

elean
1 minute

SINGAPORE - Millennials, the largest generation in history with an estimated global population in excess of two billion, are clearly a major force to be reckoned with. They have already brought about big changes to the world we live in, and they will continue to drive changes in many areas. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Here come hot desks, Zoom rooms – and holograms?

elean
1 minute

NEW YORK (NYTIMES) - Since the pandemic sent workers home last year, a slew of modifications have been made to office buildings to protect against the spread of the coronavirus. Now, as companies prepare to bring workers back, experts say even more changes are on the way. Expect expanded gathering spaces and fewer personal workstations, for instance, changes that are being fuelled by the success of working from home. Companies like Google, Microsoft and Walmart have already announced proposals for hybrid work models that will allow employees to continue to work remotely at least a few days a week. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire
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UK-Singapore free trade deal kicks in

elean
3 minutes

A free trade agreement (FTA) between the United Kingdom and Singapore takes effect from 7am today, ensuring that companies from both countries continue to enjoy the same trading benefits, even as the transition period for the UK's exit from the European Union ends. The EU-Singapore Free Trade Agreement will no longer apply to trade between UK and Singapore when the new deal kicks in, the Ministry of Trade and Industry (MTI) said yesterday. Both countries have completed their respective domestic procedures for the FTA's provisional application, which enables them to apply treaty commitments on a provisional basis until the FTA is ratified by both sides and enters into force. The UK is Singapore's third and second largest trading partner for goods and services, respectively, as well as its top investment destination in Europe. In turn, Singapore is the UK's largest trade and investment partner in South-east Asia. The UK-Singapore FTA was inked on Dec 10 by Minister for Trade and Industry Chan Chun Sing and UK Secretary of State for International Trade Elizabeth Truss. MTI said the UK-Singapore FTA provides certainty and clarity in trading arrangements between both countries. "Compani...

SeaPRwire
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Ant to push ahead with Singapore digital bank licence application

elean
1 minute

Billionaire Jack Ma's Ant Group will continue with its application for a digital banking licence in Singapore, even after the company's record US$37 billion (S$49.9 billion) dual listings in China and Hong Kong were suddenly halted. A source familiar with the matter yesterday told The Straits Times it is business as usual in Singapore and Ant's other overseas markets. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire
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Residents grumble about TraceTogether: What’s wrong with just SafeEntry?

aseanpr
1 minute

A grumpy chorus of "Why can't I continue to use just SafeEntry/SingPass/NRIC" arose among Straits Times Facebook users in response to the upcoming roll-out of TraceTogether-only SafeEntry. It's amazing how attached we can become to a system that's just a few months old. KDsquared Chewchew asked: "The question is why? SafeEntry was so awesome with the ability to check in my kids and spouse. Now can TT app do that as well?" Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.