PIL Conducts Marine Biofuel Trials

Pacific International Lines (PIL) is conducting a trial use of marine biofuel on its container vessel “Kota Megah” when it called at the port...

Danaos Orders 4 More Methanol-ready Boxships

Greek shipowner Danaos Corporation has placed orders for four methanol-ready 7,200 TEU containerships. The vessels will be built at Daehan Shipbuilding in South Korea and...

Fearnleys Weekly Report – Week 14, 2022

With the unprecedented bunker prices bite hard on owners returns. As other sizes benefit from a little more Russian exposure on specific routes, VL’s...

Weekly Bulk Report – Week 14, 2022

The Baltic Exchange has released a report about the dry bulk market for the 14th week of shipping activities of this year. The report...

Americas Bunker Fuel Availability Outlook

• Supply tight in New York and US West Coast • US fuel oil stocks build on refinery ramp-up • Argentinian refinery maintenance ends Availability is tight...

Asia Residual Fuels: Key Market Indicators For April 11-15

The Singapore low sulfur fuel oil supply is expected to remain tight in the April 11-15 trading week as higher gasoil crack spread continuously...

Meet the World’s Richest Woman in 2022

For the second year in a row on Forbes’ list of the World’s Billionaires, the planet’s richest woman is L’Oréal heiress Françoise Bettencourt Meyers...

WHO Analyses 2 New Omicron COVID Sub-variants

The World Health Organization is tracking a few dozen cases of two new sub-variants of the highly transmissible Omicron strain of the coronavirus to...

Covid-19 Lockdowns Could Crimp Alibaba Earnings

Alibaba Group Holding slumped Wednesday after Citigroup warned about ongoing disruption from the Covid-19 virus. It was one of several factors weighing on the...

China’s Service Sector Hit Hard by Omicron

  Activity in China's services sector contracted at the sharpest pace in two years in March as a surge in coronavirus cases restricted mobility and...