Embraer reveals upgrades across its commercial e-jet rangeEmbraer has revealed wide ranging upgrades and performance boosts across its commercial jet product line up, which will deliver a net present value of $6 million per aircraft over 15 years in cost reduction and extra revenue. More… |
Cost of data breaches ‘to surpass $5m per incident’ in 2023Threats from phishing and malicious emails have increased by 60% and the average data breach cost is expected to reach $5 million in 2023, said Acronis, a global leader in cyber protection. In its latest More… |
Cost of data breaches ‘to surpass $5m per incident’ in 2023Threats from phishing and malicious emails have increased by 60% and the average data breach cost is expected to reach $5 million in 2023, said Acronis, a global leader in cyber protection. In its latest More… |
Bahrain operational costs 27% lower than GCC peers: studyBahrain enjoys a cost advantage of up to 27% in terms of annual operating costs for financial services institutions when compared to its GCC peers, according to KPMG’s “Cost of Doing Business in the GCC” report. More… |
Shipping costs soar as long-term rates race 150pc up YoYThe month of May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in container shipments soared by 30.1%. The unprecedented hike, revealed in the l More… |
Higher transport costs cited a limitation for increasing exportsSome 42.5% and 49.5% of executives surveyed in South America and Africa respectively identify higher transport costs as the top limitation for increasing exports. However only 19.9% for those in China, 27.5% in More… |
Short bunker supplies cost buyers, owners and charterers $250mShort bunker supplies cost buyers, owners and charterers an estimated $100 million in Fujairah and $150 million in Rotterdam throughout 2021, says a new research. Data collected by leading marine and energy con More… |
Laing O'Rourke announces big revamp in corporate structureLaing O'Rourke, an international engineering and construction company with a major presence in UK, Australia and the Middle East, has completed a streamlining of its corporate structure to create a single, consolidated UK trading group und More… |
Counting the cost of BWT inaction by shipownersShipowners that are dragging their heels in installing ballast water treatment (BWT) systems in an effort to save money could end up paying a much higher price in the long run, according to Newport Shipping’s managing director Lianghui X More… |
Trina Solar Vertex 210mm modules cut BOS costsTrina Solar’s Vertex 210 mm 545W mono-facial modules can cut the balance of system (BOS) cost by up to 6.3% and levelized cost of energy (LCOE) by 5.8% compared with the 182 mm 535W mono-facial modules, a report said. More… |