Mitsubishi Establishes Organization For Marine Decarbonization

Accelerating new business development in response to the energy revolution. Establishing a structure to respond promptly to global trends and market needs, and...

Oil Prices Rise, Poses 17-percent Jump

The Russia-Ukraine crisis is still bringing a risk premium to energy prices. Oil prices rose early on Monday, poised for a 17-percent jump...

European Commission Tightens The Noose On Fossil Fuel Subsidies

A recent news article published in the Ship and Bunker news states that European commission Puts Fossil Fuel Subsidies Under Spotlight. Phasing out fossil fuel...

2021 Marks Record LNG Imports For This Country

In December, Excelerate began natural gas deliveries at the Bahia Regasification Terminal in Salvador, Bahia. Excelerate’s 173,400-m3 FSRU Excelerate Sequoiaprovides regasification capacity of up to...

Boom In Container Ship Sector and Dire Status of Tanker Sector

Last week saw a remarkable sale take place, US$96M was reportedly paid for a 2009-built Panamax. It highlights the boom in the container...

Rise In Long-term Liner Contract Rates Is Diminishing

There are signs that the exponential rise in long-term liner contract rates is losing steam after 14 consecutive months. Ocean and air freight...

Is Amazon Ready To Raise The Price Of Prime Delivery?

When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise...

A New Crew Is Heading To Mars!

Crew begins a 45-day isolation mission to simulate a Mars trip at NASA’s Johnson Space Center, reports Fox. Mars Simulation HERA’s new 4-person crew just entered...

Ocean Carriers’ Q1 Profit Expectations Look Set Amid Bull Rates

The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be even better than expected,...

Can Moderna’s mRNA Technology Save HIV Patients?

The first participants have been vaccinated in a Phase 1 clinical trial of an experimental HIV vaccine that utilizes Moderna's mRNA technology, the company...