Yearly Archives: 2022
Increased Transit Volumes At The Panama Canal Pushed for Clean Fuel
MR tanker freight recovers from slump in response
More LNG demand in Asia pushes cargoes East
Increased transit volumes at the Panama Canal pushed...
BIMCO COVID19 Weekly Report – 28 January 2022
This BIMCO COVID 19 weekly report for the week ending 28 January covers the World Health Organization (WHO), Bangladesh, Brazil, Cyprus, Hong Kong, Ghana,...
Tesla’s Most Significant Project Rumored To Surpass Its Auto Industry
Elon Musk says Tesla's humanoid robot is the most important product it's developing in 2022.
I'm not sure what an economy even means...
World’s Largest Canal Lock Unveiled at Netherlands
The 500-meter-long and 70-meter-wide infrastructure project gives Amsterdam a "bigger front door." It also took three years longer and cost around €300 million more...
Wärtsilä Reports A Drop In Scrubber Orders
Wärtsilä, Scrubber orders have been thin on the ground despite a widening discount for HSFO.
The unit covers the firm's activities in scrubbers,...
Norway Releases Hydrogen Ferry Plans
Norway has announced plans introduce hydrogen powered ferries.
It is a project that will see both new build vessels introduced and the conversion...
Crude Oil Futures Bullish After Overnight Losses
At 10 am Singapore time (0200 GMT), the ICE March Brent futures contract was up 35 cents/b (0.39%) from the previous close at...
China’s Economy Starts the Year With a Wobble
Growth in China's factory activity slowed in January as a resurgence of COVID-19 cases and tough lockdowns hit production and demand, but the slight...
Soaring Cases Caused by Omicron’s Cousin BA.2
The highly transmissible Omicron variant of the SARS-CoV-2 virus accounts for nearly all of the coronavirus infections globally. Scientists are now tracking a rise...
IMF Report On Supply Chain Woes Faced By Shipping Industry
The magnitude of the damage caused by supply chain disruptions last year has been revealed in a new report from the International Monetary...