A stable cargo marine insurance market but uncertainty looms, warns IUMI Summary At IUMI’s annual conference in Singapore Mike Brews, Chair of the IUMI Cargo Committee, described the global cargo marine insurance market as stable for 2024 but flagged significant uncertainty ahead. Global cargo premiums reached USD 22.64 billion in 2024, up 1.6% year‑on‑year. Loss […]
DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point Summary DNV’s ninth Maritime Forecast to 2050 warns that the shipping sector is at a tipping point: the alternative-fuelled fleet could burn up to 50 million tonnes of oil equivalent (Mtoe) of low‑GHG fuels annually by 2030 — roughly double […]
Product tanker newbuilding contracting drops 86% to nine-year low Summary Between January and August 2025 product tanker newbuilding contracting dropped 86% year-on-year to 2.6 million deadweight tonnes (DWT), a nine-year low, according to BIMCO. The order book — which peaked at 42.2 million DWT in November 2024 — has since shrunk by 12% to 37.2 […]
Lobbying firm co-founded by Peter Mandelson prepares to cut ties with him Summary A lobbying firm that Peter Mandelson helped to co-found is preparing to formally cut ties with him amid the fallout from his recent removal as the UK ambassador to the US over links to Jeffrey Epstein. The firm is reported to be […]
Nvidia and OpenAI to back major UK investment in artificial intelligence Summary The Financial Times reports that Nvidia and OpenAI are set to back a major investment into the UK’s artificial intelligence sector. Full article content is behind the FT paywall, but the key thrust is that two of the biggest names in AI are […]
UK trade minister urges China to let Britain revamp Beijing embassy Summary The UK trade minister has publicly urged Chinese authorities to permit Britain to refurbish and modernise its embassy in Beijing. The appeal highlights that the planned works are important for the building’s safety and operational effectiveness, and serves as a visible example of […]
Barclays boss warns UK government on wages and bank taxes Summary Barclays’ chief executive has warned the UK government against policies that would push up wages sharply or impose additional taxes specifically on banks. The warning, reported by the Financial Times (paywalled), framed such measures as risks to competitiveness, lending capacity and investment across the […]
Aces’ hot shooting torches Sparks to secure 2-seed for playoffs Summary The Las Vegas Aces closed their regular season with a dominant 103-75 win over the Los Angeles Sparks, setting a WNBA regular-season record with 22 three-pointers in a game. The victory secured the Aces the No. 2 seed for the play-offs and extended their […]
How Palantir Is Mapping Everyone’s Data For The Government Summary Palantir’s Gotham platform is being used across federal, state and local agencies to break down siloed records and stitch them together into a unified, searchable web. The software ingests disparate data — from DMV files and arrest logs to license-plate readers, visa records, biometrics and […]
Read the pitch deck that an IRL social startup targeting Gen X and boomers used to raise about $9M and expand to the US Summary Meet5 is a Germany-based “in-real-life” (IRL) social app focused on helping people aged 40+ (average user age ~57) make friends through group activities — concerts, yoga, hiking, dancing and similar […]
