World Bank Plans New $170bn Crisis Fund

The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted by multiple crises, reports the...

Chinese Companies Face Potential Wall Street Delisting

In mid-March, it was reported that U.S. and Chinese regulators were getting closer to a cooperation plan regarding Chinese companies listed on U.S. stock...

DALL-E 2 Produces Fantastical Images Of Most Anything You Can Imagine

In January, 2021, the OpenAI consortium unveiled its most ambitious project to date, the DALL-E machine learning system. This ingenious multimodal AI was capable...

GTT Scores SHI Tank GIG for 4 LNG-powered Boxships

South Korea’s Samsung Heavy Industries has contracted France’s GTT to design tanks for four LNG-powered containerships. GTT said in a statement on Thursday that the...

Woodfibre LNG To Start Work On Its Export Project

Canada’s Woodfibre LNG, a unit of Pacific Energy, said it has issued a notice to proceed to US contractor McDermott to start work...

A UK Regulator Has Issued A Warning To Prevent Unnecessary Delays

One of the 14 fields was subsequently removed from the package. The investigation focused on collaboration between vendor, purchaser and operator. Where there...

The Inventory Market Hasn’t Crashed Due To Ukraine Conflict and Why?

JP Morgan banker Jamie Dimon’s recommendation to buyers and analysts this week, the whole lot seems to be fairly good besides the chance...

Contaminated Fuel To Be Passed On To Fujairah Players

About 200 ships are understood to have received the fuel from the two firms in Singapore, some 80 of which subsequently reported problems...

Here’s How China’s Economic Blockades Affect the Rest of the World

Crude and coal purchases were also running well behind last year’s schedule. Chinese demand for jet fuel is projected to drop by 25,000...

Another Major Shipping Company Has Refused To Export Plastic Waste

But as China’s economy has grown, so has its domestic plastic waste output. China began limiting plastic imports in 2017 through a policy...