Inventories of the wide-body planes are piling up, as deliveries remain halted A new defect on Boeing’s Dreamliner aircraft surfaced in July, the latest in a series of issues that arose late last summer. Deliveries of the popular plane are now halted, pressuring Boeing’s profits. WSJ’s Andrew Tangel explains how Boeing got here. Photo: Bloomberg News
Mumbai’s Coastal Road Project is a bold show of India’s construction capabilities, but it’s sparked protests and legal battles on the ground.
The Coastal Road is an under construction 8-lane, 22.2-km long freeway that would run along Mumbai’s western coastline connecting Marine Lines in the south to Kandivali in the north.
Mumbai (formerly called Bombay) is a densely populated city on India’s west coast. A financial center, it’s India’s largest city. On the Mumbai Harbour waterfront stands the iconic Gateway of India stone arch, built by the British Raj in 1924. Offshore, nearby Elephanta Island holds ancient cave temples dedicated to the Hindu god Shiva. The city’s also famous as the heart of the Bollywood film industry.
Rising in popularity in the 1950s and 1960s, the convertible car is an automotive American icon. It was a vehicle meant for leisure and fun. Some of the most iconic models throughout history were convertibles, such as the Chevrolet Corvette and the Ford Mustang. However, in the last few years, convertibles have been slowly declining in popularity. Along with rising prices, American car buyers, especially those with children, value practicality and functionality over looks and leisure, leading their interest towards SUV’s and midsize sedans. In 2021, convertibles make up only 0.46% of new car sales. Can the iconic design stand the test of time?
Boeing and Airbus dominate global aviation, but China’s Comac wants to challenge the duopoly with new planes. WSJ’s Jon Sindreu explains how supply chains, technology and geopolitics could help the Western aircraft makers to protect key markets. Photo Composite: George Downs
It’s time we took a break from open highways and enjoyed open seas instead. In this episode we will explore the world of extremely overpowered speed boats and magnificent luxury yachts, that just like supercars defy any limits in performance and opulence. So as always let’s put on our finest home garments and enjoy window shopping of the most anticipated yachts in 2022.
The global container business is in chaos. Surging consumer demand, covid outbreaks and a shortage of containers has led to higher volume for ocean carriers and congestion at ports.
Maersk, the world’s largest container shipper, has seen record profits. The Danish shipping firm whose customers include Walmart and Nike announced May 2021 first-quarter revenue of $12.4 billion, a 30% increase from a year earlier. Maersk has a fleet of over 700 ships and handles one in every five containers shipped by sea. The company also owns terminals around the world and has a growing land-based logistics business. On average a Maersk container ship calls on a port somewhere around the globe every six minutes.
Like its competitors the company has faced a series of obstacles in the first half of 2021 ranging from the worldwide shortage of shipping containers to the blockage of the Suez Canal. So, with vaccine rollouts in place in the U.S. and consumer discretionary spending shifting towards services will Maersk and its rivals be able to maintain their momentum? And what do bottlenecks at ports and higher freight rates mean for U.S. consumers? Watch the video to find out what’s next for Maersk.
Electric-vehicle entrepreneurs are working on the industry’s biggest bottleneck: charging infrastructure. Companies are building more chargers, but it may not be enough to make EVs work for people who can’t plug in at home. Photo illustration: Carlos Waters/WSJ
This summer it’s harder than ever to rent a car in the U.S., especially at popular vacation destinations. To learn what’s behind the spike in rental car prices, WSJ speaks with an industry analyst and WSJ’s Nora Naughton. Photo: Luke Sharrett/Bloomberg
A flying car has successfully completed its first intercity flight between two airports in Slovakia. The prototype, called AirCar, took off from Nitra and landed in Bratislava 35 minutes later. Using wings that fold away in less than three minutes and a propeller at its rear, the dual-transportation vehicle has now completed more than 40 hours of test flight.
Set sail over Coniston Water with the National Trust in this behind-the-scenes video of Steam Yacht Gondola, one of the only steam-running gondolas remaining in the Lake District. In this video, find out about the work that goes into every voyage, and hear the stories of the gondola from the boat’s Manager, Julian. He’ll show you how he stokes the fire and what he and the team do to prepare the gondola before setting out for a journey. You’ll also hear about the traditional methods that are still used to this day to dock the boat. The history of Steam Yacht Gondola reaches as far back as the Victorian period, and to step aboard is to step back in time. Sir James Ramsden, Director of the Furness Railway Company, saw an opportunity to bring a pleasure cruise to Coniston Water after being inspired by a trip to Venice in 1850. Out of his vision, Steam Yacht Gondola was borne.