Yearly Archives: 2022

Transpacific Lane, A Green Shipping Corridor By The End Of 2022

The ports of Shanghai and Los Angeles, in partnership with shipping lines and cargo owners, are working to transition to zero-carbon-fueled ships by...

The First EU Country To Lift All Covid Restrictions

Denmark is to lift all remaining COVID-19 restrictions, with Omicron hospital admissions and deaths remaining stable and high rates of vaccination, reports Politico. The official...

Wärtsilä Shares Down But Profitability Steady

Order intake up 92% Comparable operating profit up 53%, sales up 31% Operating margin, dividend below expectations Shares down 8% A Reuters news source...

Chevron Reports ‘Strong’ Permian Output Growth in Q4

Permian 2022 growth may be better than prior target 50% more Permian wells seen drilled year over year Q4 output from the basin...

Trans-Pacific Sailing Rates Drop Amid Pre-Lunar New Year bookings

All-inclusive rates touch $12,000/FEU to USWC Southeast Asian market finds rate balance Europe imports soften, rates ease Sources say that all-inclusive rates for trans-Pacific...

Memorandum of National Courts’ Symposium on Maritime Cases

The UK P&I Club reports of an article by Haitong & Partners law firm dated 27.01.2022 in which Haitong provide their comments on the...

[Infographic] Energy Risks Escalate in Russia Standoff With US & EU

Prices for Russia's Urals crude exports have hit near 12-month highs vs regional benchmarks in response to fears of escalation on the border with...

Cookbooks Overboard! Containership Accident Delays 2 Major Releases

Two cookbooks due to be released soon have sunk in the Atlantic during shipping. NYT columnist Melissa Clark and Mason Hereford's books will...

Lack of Communication Between Operators Led To $1.1m In Damage

Poor communication led to a tow striking a railway swing bridge near Slidell, Louisiana, the National Transportation Safety Board said in Marine Investigation Report...

[Watch] Elusive Whale Stranded Near Beach

Rescuers were trying to free a beaked whale which has surfaced in Greek waters, trapped near a beach on the Athens Riviera. Did you subscribe...
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