Monday, April 6, 2026
Chili Wealth - Chili
Home Blog Page 882

Optimize Cashflow with a NEW D&D Automation Solution

0

Detention and demurrage charges are among the most persistent and costly challenges in freight forwarding and supply chains. Forwarders, importers, and exporters operate in a chaotic, high-volume environment with fragmented ecosystems and contracts that differ by carrier, port, cargo type, currency, and customer terms. D&D charges range from $75 to $300 per container, per day

The sheer complexity of navigating carrier tariffs, port-specific regulations, and last-minute policy changes makes it nearly impossible to accurately calculate and control D&D costs, creating financial strain and operational chaos.

Take Back Control with D&D Automation

Windward’s newly launched Detention & Demurrage (D&D) Automation solution is the first step in a mission to empower global trade with Gen-AI powered automation. The solution processes customer contracts at scale and communicates actual D&D costs in real time. It accounts for all variables, ranging from tariff extraction, to shipment mapping and contract details.  

Windward’s D&D Automation solution eliminates inefficiencies by providing a real-time, automated approach to detention and demurrage management. The platform takes into account customer-specific tariffs, account port-specific terms, free…

Read more…

Shell Predicts 60% Rise In LNG Demand By 2040 With Asia

0

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.

Demand for natural gas continues to rise globally as the world transitions to cleaner fuels. Industry forecasts LNG demand to reach between 630 million and 718 million metric tons a year by 2040, Shell said in its 2025 annual LNG outlook.

The latest view from the world’s largest LNG trader is higher than last year’s forecast, which pegged global LNG demand in 2040 at 625 million to 685 million tons per year.

“Upgraded forecasts show that the world will need more gas for power generation, heating and cooling, industry and transport to meet development and decarbonisation goals,” said Tom Summers, Shell’s senior vice president for LNG marketing and trading.

China, the world’s top LNG importer, and India are increasing LNG import capacity and gas related infrastructure to meet rising demand, Shell added.

Natural gas imports into China are forecast to rise this year as economic stimulus plans lift industrial demand, although trade tensions with the U.S. may cap growth.

China saw total natural gas imports,…

Read more…

Bound4blue Installs Wind-Assisted Esails On EPS’

0

Spanish wind propulsion systems supplier bound4blue has installed its eSAIL wind assisted propulsion system on Pacific Sentinel tanker, owned by Eastern Pacific Shipping (EPS).

Three 22-meter, DNV-Type Approved eSAILs were installed on the 50,000 dwt Pacific Sentinel in under a day per unit, as planned, bound4blue said.

The installation occurred during a scheduled vessel drydock, with preparatory work completed in advance.

The fully autonomous wind assisted propulsion system will help the vessel reduce overall energy consumption with forecasted energy consumption savings of around 10% depending on vessel routing, slashing OPEX and emissions to air and enhancing regulatory compliance.

The Spanish-based wind pioneer has undertaken a fast-track ‘single-stop’ process, ensuring minimal vessel downtime with all work undertaken during planned vessel maintenance at the shipyard. 

The fast-track installation combined vessel groundwork, such as fitting pedestals for the eSAILs and welding, with the simultaneous preparation and programming of the sails.

The installation was also completed in collaboration with the American Bureau of Shipping (ABS), ensuring compliance with the highest classification and safety standards.

EPS, which signed the agreement for…

Read more…

Khaled bin Mohamed bin Zayed visits Nabdh Al Falah community hub, directs expansion of integrated community hubs across Abu Dhabi

0

ABU DHABI, 22nd February, 2025 (WAM) – H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited Nabdh Al Falah community hub in Abu Dhabi’s Al Falah area. Overseen by the Department of Community Development – Abu Dhabi (DCD), the hub has introduced a new model for integrated and inclusive community centres, in line with the declaration of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, of 2025 as the Year of Community.
H.H. Sheikh Khaled bin Mohamed bin Zayed toured several facilities at the hub and received briefings on its key initiatives and projects, including Majlisna by the Abu Dhabi Early Childhood Authority, which aims to revive traditional Emirati social gatherings, as well as community recreational projects developed by the Department of Municipalities and Transport – Abu Dhabi. H.H. also reviewed the Abu Dhabi Gaming initiative by the Department of Culture and Tourism – Abu Dhabi, which is spearheaded at Nabdh Al Falah Community Hub.
During the visit, H.H. directed the expansion of comprehensive community hubs across Abu Dhabi to enhance social wellbeing, provide a wide range of high-quality programmes that cater to diverse community needs and create…

Read more…

The Impact of Gamification on Casino Engagement

0

Gamification has surfaced as a powerful tool in the casino field, enhancing player engagement and loyalty. By including game-like elements into classic casino encounters, operators can create a more captivating environment. According to a two thousand twenty-three report by the Gaming and Leisure Association, casinos that adopt gamification tactics see a 25% increase in player retention.

One distinguished figure in this area is David Baazov, ex CEO of Amaya Gaming, who has been a fervent advocate of melding gamification into online platforms. You can learn more about his views on his LinkedIn profile.

In twenty twenty-two, the Hard Rock Hotel & Casino in Atlantic City introduced a game-based loyalty program that rewards players with credits for completing missions and participating in tournaments. This effort not only improves player involvement but also fosters social interaction among competitors. For more insight on gamification in casinos, visit The New York Times.

Gamification techniques include rankings, achievement badges, and engaging challenges that motivate players to return frequently. By making the gaming environment more enjoyable and rewarding, casinos can foster a sense of community and contestation. Explore a site that discusses these patterns at казино атом.

As the casino industry continues to develop, adopting gamification will be vital for drawing and retaining players. Operators must concentrate on designing engaging encounters that resonate with their audience, ensuring that they stay competitive in a swiftly changing market.

Ailsa Shipbuilding Company Model Collection Debuts

0

An exhibition of ship models depicting vessels built by Ailsa Shipbuilding Company (Troon and Ayr) in the 19th and 20th centuries opens at the Scottish Maritime Museum on Irvine Harborside today (Friday, February 21).

The collection of six detailed ‘builder’s models’, which are on long-term loan from South Ayrshire Council, were crafted by the Ailsa Shipbuilding Company’s model-making department between 1909 and 1975.

The vessels depicted include a 10-gun brig built to seize illegal slaver ships in the 19th century, steamers destined for Brazil, a Mexican Navy patrol vessel, a ferry commissioned by the company that pioneered the roll-on roll-off ferry after World War II, and an anti-submarine frigate built in 1943.

The models, displayed in the Museum’s Linthouse alongside new interpretations created by the curatorial team, were delivered by the previous stewards, Troon Community Council.

Read more…

Schmidt Ocean Institute Successfully Concludes

0

After a year of preparing the ship and crew, Schmidt Ocean Institute’s research vessel Falkor (too) has completed its first science expedition to Antarctica. The three-week expedition, which ended in early January, was ambitious in its science scope and required operational refinements to navigate safely in unfamiliar environmental conditions.

“Operating our ship in the Southern Ocean marks a significant milestone in Schmidt Ocean Institute’s history,” said Eric King, senior director of maritime infrastructure. “R/V Falkor (too) performed exceptionally well, our crew gained a tremendous knowledge and experience, and the expedition prepared us well for future explorations around this part of the global Ocean in the coming decade.”  

R/V Falkor (too) is a certified Class C polar vessel, which means it can operate in austral summer when there is light sea ice, also known as first-year ice. The ship received its polar certification from the International Maritime Organization (IMO) in October 2024. It was operationally supported by EYOS (Expeditions, Yachts, Operations, and Support Services), an internationally known polar expedition organization. EYOS aided in mission planning, permitting, and more. King said two ice pilots also…

Read more…

Jan De Nul Starts Dredging Ops For New Deep-Water Port

0

Belgium-based offshore installation contractor Jan De Nul has started working on the new deep-water port in Senegal, which will be able to accommodate two of the world’s largest container ships simultaneously.

Jan De Nul is responsible for dredging the five-kilometer access channel and will create an 89-hectare platform for maritime services and container storage.

In total, the works are expected to take two and a half years to complete.

The Port of Dakar is nearing its maximum capacity, and the surrounding area is fully saturated. To address this challenge, DP World – a global giant in logistics and trade and the current operator of Dakar’s container terminal – is developing a new port in Ndayane, located 50 km south of the capital.

The project will significantly enhance Senegal’s container handling capacity.

“This is no easy task, as the seabed in the channel consists mainly of hard rock and the conditions in the Atlantic Ocean can be rough. You need a powerful dredger that is also large enough to continue working in challenging wave conditions. That is why we deploy our largest and most powerful cutter suction dredger, the Willem Van Rubroeck, to get the job done,” said Dominique Bombaert, Area Manager for Senegal at Jan De Nul.

Once…

Read more…

Phillips 66 Leases Floating Storage Vessel In

0

The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.

The 300,000 metric-tons capacity Southern Emperor is the latest addition to 19 existing fuel oil floating storage vessels along the Straits chartered by various market participants, said sources.

So far, Phillips 66 has been partially renting the EM Splendour for fuel oil storage.

The Singapore and Malacca Straits are a key location for fuel oil storage in Asia, with traders building inventories of the fuel around the world’s largest bunkering port of Singapore.

Total volume of fuel oil in floating storage on the Straits is estimated at over 2.6 million tons, based on data from shipping analytics firm Kpler this month.

The number of tankers used for storing fuel oil on the Straits is expected to hold largely stable into this year, market sources said.

(Reuters – Reporting by Jeslyn Lerh; Editing by Janane Venkatraman)

Read more…

Eurazeo Provides Over $70M For MPC OSE Offshore’S New

0

Investment group Eurazeo has made a $73.1 million investment in MPC OSE Offshore, a joint venture established by MPC Capital and German offshore services firm O.S. Energy, with the aim of building and managing new service operations vessels (SOVs) for offshore wind farms.

Eurazeo made the investment through its Eurazeo Transition Infrastructure Fund (ETIF), a fund with a sustainable investment strategy focusing on the transition of essential infrastructure to a low-carbon economy.

This represents the seventh investment of ETIF allowing it to participate in the development and growth of the European offshore wind sector. This operation benefits from support from the European Union under the InvestEU Fund.

The OSV platform was initiated by a joint venture of MPC Capital and O.S. Energy, named MPC OSE Offshore, to develop, build and manage service vessels which are specifically designed to operate in offshore wind farms.

“We are very pleased to work together with top-tier investors which have a dedicated focus on infrastructure investments related to the energy transition.

“It is a perfect fit, as we can offer a unique investment platform in a structural growth market. We look forward to making our investment platform a great success and jointly…

Read more…