As the broader sentiment deteriorated in the last 24 hours, Chainlink fell toward the $15.6-mark. Moreover, the king coin’s movement would be critical to ETH’s trajectory. Should the bulls dwindle, a test of $2,340 would not be of a surprise. On the other hand, MANA saw a bullish divergence with its 4-hour RSI.  Ether (ETH) […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cosmos‘ native token ATOM has been on a downtrend over the past week. Earlier in January, the price managed to hold on to crucial support levels at $34 and $30, despite the strong selling pressure […]

Bitcoin’s (BTC) price slumps after four days of intense struggle to break above $39,000 overhead resistance. Today, the largest cryptocurrency has fallen to the low of $36,633 at the time of writing.

Pseudonymous crypto analyst and influencer “Altcoin Sherpa” (who has over 167K followers on Twitter) has shared his thoughts on the price action of Solana ($SOL), Chainlink ($LINK), Axis Infinity ($AXS), Kyber Network ($KNC), and NEAR Protocol ($NEAR). According to a report by The Daily Report published earlier today, here is what he Altcoin Sherpa said […]

Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently shared her thoughts on Bitcoin, Ethereum, decentralized finance (DeFi), and non-fungible tokens (NFTs). According to a report by Insider, on Tuesday (February 1), Wood was present at an event/talk hosted by Public (a competitor to Robinhood that allows users to […]

The ENJ coin price action reverses within the falling wedge with the formation of an evening star pattern. Will the reversal result in a bearish fallout? The Enjin blockchain ecosystem is designed to provide software that enables anyone to build and trade, monetize and sell using blockchain. Established in 2009, Enjin is a part of the gaming industry; its first product- a gaming community platform dubbed the Enjin Network that grew into 20 million customers in the span of more than a decade. Co-founder of Enjin, Witek Radomski wrote the source code that created one of the very first Non-Fungible Tokens (NFTs) in the world. He is the co-author of the ERC-1155 Ethereum token standard. Let us move ahead to read about ENJ technical analysis. Past Performance of ENJ The ENJ coin price fell by almost 10% in the past 24 hours reflecting a retracement within the falling wedge pattern in the daily chart. The retracement comes with an evening star pattern near the resistance trendline. The price retraces to the $1.5 support level, that may push the price higher to avoid the lower low formation.  ENJ/USD Daily Chart ENJ Technical Analysis The ENJ coin price continues to make lower high formation within the falling wedge pattern reflecting trapped bullish momentum. Therefore, the breakout of the resistance trendline may result in a dramatic bullish recovery and reach greater heights.  The crucial Exponential Moving averages showcase a death cross, a bearish crossover between 50 and 200-day EMA in the daily chart. Hence, the EMAs reflect a rise in bearish attention for the coin. The RSI indicator shows the slope failing to rise above the central line in the daily chart. The slope retraces to the 14-day SMA and can shortly give a bearish crossover reflecting a bearish takeover.  The Stochastic RSI indicator shows a bearish crossover of K and D line in the overbought zone reflecting the end of a bullish cycle. Hence, the indicator suggests a possible retracement in the ENJ coin price. In a nutshell, the technical indicators showcase the failure of bulls to sustain the trend resulting in a bearish takeover. The takeover can drive the prices lower to $1.5. Upcoming Trend The upcoming trend in the ENJ coin price has a bearish influence but the trend may struggle to sustain as the price action bottles up within the wedge. Hence, a reversal from $1.5 is possible. The reversal from $1.5 can find resistance near the resistance trendline and the $2 psychological mark. In the case of a $1.5 fallout, the support trendline and the $1.15 support level can reverse the falling prices. 

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TOKYO, Feb 3, 2022 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia. The study is aimed at promoting utilization of ammonia as an energy source that contributes to decarbonization, and the introduction of ammonia FSRU all over the world.
Ammonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area, and the stored ammonia is then heated and regasified onboard for transfer to an onshore pipeline. Ammonia FSRU can be constructed at a lower cost and in a shorter time than onshore ammonia storage and regasification plants. At a time when global interest in usage of ammonia is increasing, the application of Ammonia FSRU in place of onshore storage and regasification plants is expected to contribute to earlier and stable supply of ammonia fuel.

In the newly completed conceptual study, Mitsubishi Shipbuilding conducted multiple case studies of FSRU which have different specifications according to the ammonia's supply conditions, regasification method, tank capacity, etc., in order to respond to a wide range of demands, and eventually developed designs of more environmentally friendly Ammonia FSRU. The study also covered the feasibility of employing ammonia fuel to generate the power required for the operation of the FSRU itself.

In addition, Mitsubishi Shipbuilding has just concluded a memorandum of understanding (MOU) with MOL and The Kansai Electric Power Co., Inc. whereby the parties will examine the possibilities of future introduction of Ammonia FSRU. They are aiming at realization of the first Ammonia FSRU in the world, making the most of Mitsubishi Shipbuilding's expertise in ammonia handling technologies.

Ammonia is now mainly used as a raw material of fertilizers, and although the volume of maritime transportation is limited so far, the demand is expected to increase in the future as a next-generation clean energy that does not emit CO2 when burned. In the global trend toward decarbonization, movements toward making strategic use of ammonia are increasing, especially in Asia.

Going forward, according to MHI Group's strategy of advancement of the energy transition, Mitsubishi Shipbuilding will strive to promote decarbonization of the maritime industry as well as to contribute to realizing a carbon-neutral society and reduction of environmental load on a global scale, by utilizing its technologies and expertise in ammonia handling accumulated through its long experience in building multi-gas carriers for transporting LPG and ammonia.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia.

  The median of global Insurance Penetration, defined in terms of insurance premium as percentage of GDP, was below 2% as recently as 2016. But it masquerades the fact that national differences are large, ranging from 20% at one end to 0.06% at the other. Some countries don’t have developed insurance markets, being at early […]

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Cardano price action has been possibly generating lower highs with swift resurgence over the past couple of days. With record exchange outflows, the bulls are likely to propel the price by more than 100%. Moreover, the network activity is on the rise followed by its latest announcement on Network update.  Cardano Network Update!  As per …

Bandit Camps can be discovered as you progress further in Dying Light 2. There are almost two dozen Renegades in these areas, and they’re out for blood. Should you manage to clear the area, you can pick up a lot of loot, and it’s also handed over to the faction that controls the region. Here’s our Dying Light 2 guide to help you with Renegade Bandit Camps. Note: For more information, check out our Dying Light 2 guides and features hub.   Dying Light 2 Bandit Camps guide Jack & Joe’s Camp Location: Horseshoe (north) Recommended Level: 1 The first time you’re tasked with attacking a Bandit Camp in Dying Light 2 is during a mission called The Raid. Sophie, one of the Survivors in The Bazaar, tasks you with eliminating Renegades in Jack & Joe’s Camp. She asks you to use your binoculars to scout the area. Doing so would show the enemies, as well as the various entry points. The goals in each and every Bandit Camp in Dying Light 2 are si...

Windmills are a fixture in the game world of Dying Light 2. They have jumping (or parkour) puzzles that you have to complete to reach the top. Once you’re there, you’ll interact with a panel to claim the windmill for the faction that controls that region. This will turn the windmill into a makeshift safe zone, providing a UV lamp and a bed. Here’s our Dying Light 2 guide to help you with the more troublesome windmill jumping puzzles. Note: For more information, check out our Dying Light 2 guides and features hub.   Dying Light 2 windmill jumping puzzles guide To be brief, we’re not going to discuss every windmill location or jumping puzzle in Dying Light 2. There are around a dozen of them, and the mechanics are fairly similar. Here’s the gist: Windmills have a minimum stamina requirement. If you don’t meet that requirement, then there’s a chance that Aiden’s meter will run out before he can reach the top (assuming he’s jus...

Indonesia’s banking industry is on the verge of a revolution as a new breed of digital banks looks to capitalize on the country’s large population of unbanked and underbanked, and

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