Old and new world challenges The next frontier of digital transformation will be at the intelligent edge.
Use cases such as autonomous vehicles, drone management, energy networks and advanced factory robotics will all demand the intelligent handling of massive amounts of data for smart decision making at the edge of the network as well as in devices, right where it is needed most.
Over the next 12-18 months, 5G adoption will pick up speed, achieving far greater proliferation across North America, Europe and parts of Asia. 5G will be heavily dependent on edge computing to meet the low latency requirements of the next generation of use cases.
May 13 2021 “In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top of the eight MR vessels acquired earlier this year” says Executive Director Jacob Meldgaard. In the first quarter of 2021, TORM achieved TCE rates of USD/day 13,493 (2020, same period: USD/day 23,642) and an EBITDA of USD 18.9m (2020, same period: USD 101.5m). The loss before tax amounted to USD -21.1m (2020, same period a profit of USD 56.8m), and earnings per share (EPS) was negative by USD -0.29 or DKK -1.8 (2020, same period: USD 0.76 or DKK 5.1). The result includes an unrealized loss from freight derivatives of USD 7m. Cash flow from operating activities was positive at USD 9.8m in the first quarter of 2021 (2020, same period: USD 49.8m), and Return on Invested Capital (RoIC) was -2.7% (2020, same period: 15.4%).
ABS Completes Landmark Decarbonization and Digitalization JDP with HHI and HGS
ABS, Hyundai Heavy Industries (HHI) and Hyundai Global Service (HGS) have completed a landmark joint development project (JDP) exploring decarbonization and digitalization in the marine and offshore industries.
The project covered simulation and modeling of carbon footprints of a vessel incorporating energy efficiency technologies, LNG bunkering analysis and smart technologies.
The JDP included detailed simulation and modeling of the carbon footprint of a Very Large Crude Carrier, analyzing carbon emissions and giving insight into optimized energy efficiency technologies. A detailed study was completed on the available LNG bunkering options. Finally, ABS issued Approval in Principle (AIP) to HGS Hi4S (Hyundai Intelligent Smart Solution Service System), following a review of the onshore service, which provides AI fleet monitoring and performance analysis. This approval sets the framework to leverage data
Vulcan Energy acquires 2nd German geothermal engineering firm thinkgeoenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thinkgeoenergy.com Daily Mail and Mail on Sunday newspapers.