Yearly Archives: 2022
[Watch] Record Profits for Shipping Industry
It's been a record year of profits for the shipping industry and earnings are expected to stay elevated well into 2022. But, economists are...
What Is Geofencing and Why Are We Doing This?
A Gard news source by Teresa Marie Cunningham states that Geofencing – targeted and timely loss prevention advice to Members.
Understanding Members’ trading patterns
For the...
No Side Effects? Did Your Covid Vaccine Really Work?
A reassuring new report shows even if you don't have side effects from your COVID-19 vaccine, it's likely still working to protect you, reports...
China’s Total Natural Gas Imports Increased By 19.9% Year On Year
2021 LNG imports grew more than 18%
December pipeline gas imports hit monthly record of 4 million mt
US LNG imports saw biggest...
Hafnia Keen To Acquire 12 Scorpio Tankers
Singapore-based tanker owner and operator Hafnia is in advanced negotiations with Monaco-based counterpart Scorpio Tankers regarding the acquisition of 12 long-range 1 (LR1)...
Maersk Space Ban, Dark Future for Small Freight Forwarders
Thousands of small freight forwarders fear for their survival following Maersk’s decision to offer them only its Maersk Spot product.
The loss of...
ClassNK Issues AiP For Ammonia-Fueled GSC
The Planning and Design Center for Greener Ships has received an Approval in Principle (AiP) from the leading classification society ClassNK for the design...
Price Fixing Puts 23 Shipping Companies In Trouble, $81M Fine
On 18 January 2022, the Fair Trade Commission (KFTC) said it has imposed a fine of KRW 96.2 billion (about $80.7 million) on...
Alibaba Under US National Security Investigation
The Biden administration is assessing if Alibaba's cloud business presents a threat to U.S. national security.
Alibaba's cloud business in the U.S. has...
Verification Of Electronic Statutory & Class Certificates
The practice of issuing signed paper certificates to document compliance with maritime rules and regulations may be nearing its end.
The accompanying inspection...