China Transport Crisis Spreads

The Chinese export and logistics market is moving even deeper into limbo, as the country heads for a three-day ‘labour’ holiday on Sunday, reports...

Tanker Owners Face Battle To Rejuvenate Fleets

Tanker owners anxious to rejuvenate their fleets will have to be patient and fork out very considerable sums, new data from broker Gibsons shows,...

Drewry World Container Index – 28 April 2022

Drewry’s composite World Container Index decreased by 1.3% to $7,768.18 per 40ft container this week. Detailed assessment for Thursday, 28 April 2022 The composite index...

COVID-19 And Influenza May Face Off In The Next Years

Throughout the pandemic, he explained, widespread COVID-19 infections may have kept people's immune systems on high alert, giving SARS-CoV-2 a long-term advantage over...

IMO Adopted Resolution To Evacuate The Seafarers From War Zone

The International Maritime Organization (IMO) Maritime Safety Committee (MSC 105), which met 20-29 April 2022, adopted the following resolution on 28 April 2022: RESOLUTION MSC.495(105)  Actions...

NYK Inks Charter Deal for 6 LNG Carriers

NYK signs a long-term charter with CNOOC and Power Singapore Trading & Marketing Pte. Ltd. for six new LNG carriers, says a press release...

Gasunie And Vopak Sign Green Hydrogen Deal

The operators of the Gate LNG terminal in Rotterdam, Gasunie and Vopak, have inked a collaboration agreement to build hydrogen import infrastructure in Dutch...

Inmarsat To Provide Satellite Connectivity for 2022 Titanic Expedition

Inmarsat  will supply advanced wireless communications to marine vessels in 2022, as required by the SOLAS Convention, says a press release on their website. Safety...

Google Urged To Dismiss $1.6 Billion Fine

Alphabet unit Google on Monday urged Europe's second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago...

Growing Risk Of Recession In China

When Tesla's Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak,...