#Wearables tee off at golf tournament

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Wearables are gaining ground as these versatile, cutting-edge technologies continue to combine payment capabilities with clothing and accessories in new, innovative ways. In fact, golfers now have the opportunity to pay with their golf gloves.During the Arnold Palmer Invitational, recently held in Florida, MasterCard utilized its tournament sponsorship to experiment with a variety of payment and wearable technologies. Participants tested a payment-enabled glove which allowed them to simply tap the point-of-sale (POS) system for refreshment and merchandise purchases. MasterCard developed this wearable technology through a partnership with Calloway Golf.Tournament attendees also experienced virtual reality commerce. Through a collaboration with start-up Wearality, MasterCard developed a virtual reality experience consumers could shop in. Consumers were able to identify an item within the virtual experience, such as a golf shirt, and buy it right there. continue reading »last_img read more

KNOT’s Shuttle Tanker to Work for Total

first_imgNorway-based shipping company Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time charter contract with French energy giant Total for a shuttle tanker newbuilding.The time charter has been signed for a maximum 15-year period starting from 2021.As informed, the contract aims to use a 152,000 dwt Suezmax tanker equipped with a dynamic-positioning system built by China’s COSCO (Zhoushan) Shipyard to shuttle crude oil produced in waters off Brazil.With this newbuild, the KNOT Group will have 32 shuttle tankers in operation or on order, Japanese shipping company NYK said.KNOT is a joint venture of NYK and TS Shipping Invest AS (TSSI), a parent company of the Knutsen Group. KNOT was established in 2010 following NYK’s acquisition of 50 percent of the shuttle tanker fleet.The KNOT Group has a share of about 40 percent of the world shuttle tanker market — not including the number of vessels on order and shuttle tankers in Russia.last_img read more