Trade Flows Flip Once Again Amid Cargo Diversion
Interbasin spreads have come in recently
Reversal of December trend sign of market volatility
Several LNG cargoes heading to Europe for February delivery were...
Shipping Major Eye Majority Stake in Alitalia Successor
German carrier Lufthansa and Italian shipping company MSC have expressed an interest in acquiring a majority stake in Alitalia’s successor ITA Airways.
ITA...
Pfizer, BioNTech Begin Omicron Vaccine Trial
Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of their Omicron-specific COVID-19 vaccine in adults...
Yara Birkeland Equipped With Survitec Fire Fighting System
Survitec’s advanced fire fighting system and safety equipment aboard Yara Birkeland – the world’s first fully autonomous containership – has successfully completed its...
Demolition Of Container Ship Dropped To Multi-Year Low In 2021
Demolitions of aging container ships dropped last year to the lowest level.
Demolition prices in the Indian Subcontinent were recently at the $560-615...
Global Stock Markets Dive As Fears Rattle Investors
European markets slide to lowest levels since October, while New York sees wild trading session, reports The Guardian.
Stock markets sharp fall
Global stock markets have...
Blockchain, A New Game Changer In The Shipping
Blockchain and crypto are not new on the horizon.
Since the first use in 2018 of a smart bill of landing based on...
China Remains World’s Leading Shipbuilder In 2021
China's shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand, says an...
Why Are Men More Likely To Succumb To Covid-19?
Early on, some scientists suspected that the cause was primarily biological and that sex-based treatments for men – such as estrogen injections or androgen...
Asia Light Ends: Key Market Indicators For Jan 24-28
Asia's light ends were firmer during mid-morning trade Jan. 24, on stronger crude oil futures, with regional gasoline supported by active driving demand ahead...