Tufton Oceanic Assets Makes Smart Investments In Tankers

Kyle Morris writes for Market Watch about Tufton Oceanic Assets to Buy Product Tanker, Handysize Bulker for $54.5M. Purchase of product tanker Tufton Oceanic Assets Ltd....

Fortune Of Chinese Billionaire Chairman Shrinks

Shenzhou said in a statement today that 10 cases of Covid have been discovered in a Ningbo city district, and local authorities have...

Exciting Supply Chain Predictions in 2022

A recent news article published in the Freight Waves talks about fearless supply chain predictions: Here’s what will happen in 2022. Goodbye, 2021. Hello, 2022 What...

The First Company To Enter $3 Trillion Club

Apple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly traded company...

Global Bunker Fuel Availability Outlook

Singapore stocks fall on net import drop in Dec HSFO380 availability improves some in Fujairah Prompt supply still possible in European hubs US...

Inter-basin Spreads Turn Positive Amid Shifting LNG Trade Dynamics

Mild weather forecast in Europe through January Japanese buying interest piques Inter-basin spreads returned to positive territory, signaling better economics for delivering LNG to...

CMA CGM Opts Wärtsilä LNG Technology for 12 Boxships

Wärtsilä will supply 60 dual-fuel auxiliary engines and additional systems for a series of 12 boxships being built for in China for CMA...

SM Line Becomes Minority Shareholder in HMM

South Korean liner operator SM Line Corporation has become a minority shareholder in its larger compatriot rival HMM, with a 0.49 per cent stake,...

Piraeus Bank To Sell Bad Shipping Loans To US Unit

Piraeus Bank, one of Greece’s four largest lenders, has reached a deal to sell a portfolio of non-performing shipping loans to an entity affiliated...

China Tightens Lockdown Measures in Ningbo

State media in China is insisting that volumes at the world’s largest port have not dropped, even as lockdown measures across the city of...