[Watch] Russian Invasion Enters Sixth Day!

The plodding Russian advance on the ground came while Ukraine's second-largest city, Kharkiv, was hit by intense shelling as Vladimir Putin's invasion of the...

CDC Adds A New Highest-risk Destination For Travel

Vietnam was the only destination added to the US Centers for Disease Control and Prevention's highest-risk Level 4 category for travel on Monday, says...

VW Group Vehicles Worth $150 M On Burning Ship

After a burning ship carrying almost 4,000 VW Group vehicles caught fire last week, it now appears that hundreds of Porsche, Bentley, Audi, and...

Maersk Halts All Container Shipping To Russia

Shipping group Maersk will temporarily halt all container shipping to and from Russia in response to Western sanctions on Moscow following its invasion of...

CMA CGM – DB Schenker Inks Biofuel Purchase Contract

DB Schenker and CMA CGM are moving towards decarbonising ocean freight by joining forces to offer green container transport, which immediately reduces the environmental...

Transfar Pays $200,000 Per Day For Containership

Money is no object to the Singapore-registered, Alibaba-linked Transfar Shipping – getting box tonnage, whatever the costs are the priority in today’s tight container...

GMS Week 8 – War Shocks!

Sub-continent markets remain firmly poised for another week, particularly in Bangladesh and a now resurgent India. Oil / gas Pakistan, as seems to be typical for...

Gibson Weekly Report – Banks Not Tanks

Yesterday’s sudden invasion of Ukraine will have major ramifications, not just for the energy markets, but also for the security of Europe. Broad sanctions...

Dong-A Tanker Has Exited Dry Bulk Market

In the Capesize sector, South Korea’s Dong-A Tanker has sold three sister ships – Dong-A Eos, Dong-A Astrea, and Dong-A Oknos to Greece’s Minerva...

How Can Retired Cruise Ships Be Repurposed?

A Washington-based architecture firm is looking into the possibility of repurposing cruise ships. The ships could be transformed into affordable housing, architect Abe...