Abandoned Burning Carrier Had $400m Cargo of Luxury Cars
Cargo onboard the burning car carrier Felicity Ace has an estimated value of $401m, reports Seatrade Maritime News quoting the risk analysts Russell Group.
Fire...
China Sees Drop in Weekly Coastal Bulk Freight Index
China's coastal bulk freight market saw a decrease in general demand in the week ending Friday, reports Xinhuanet News quoting the Shanghai Shipping Exchange...
Shell To Supply More LNG To Europe Amid ‘Incredibly’ Tight Gas...
Warns of more volatility if Russia hit by sanctions
Calls on Europe to be 'proactive' on supply security
LNG cargoes likely to continue...
Oil Rises Amid Bullish Market and Ukraine Tensions
Oil rose as leading market participants said they expect global demand to continue its powerful recovery from the pandemic and tensions mounted over Ukraine,...
Fearnleys Weekly Report – Week 07, 2022
An interesting week on the front pages of the newspapers, but in the VLCC world.
For full report click here
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Panama January Bunker Sales Lose 7.2%
Total sales reached 451,664 mt in January, according to preliminary data from the Panama Maritime Authority (AMP).
Demand in Singapore in January fell...
Dying Coal Plant Revived By Bitcoin Miners
Critics say the enormous electricity consumption needed to sustain cryptocurrency is fueling the climate crisis.
Marathon, a bitcoin mining company, became the sole...
The Next Generation NBA Players To Be Trained in Metaverse!
As our billionaire tech overlords ignore the real world problems they helped create to instead try to figure out the exact utility of...
A Tool To Locate Anti-COVID Drug For Immunocompromised
The American Medical Association estimates immunocompromised people account for at least 2.7% of U.S. adults — about 7 million people.
Relyea set to...
Hull Values & P&I Cover
All shipowners make sure that hull insurance is in place to cover physical damage or loss to their ships arising out of accidents...