China’s Economy Starts the Year With a Wobble
Growth in China's factory activity slowed in January as a resurgence of COVID-19 cases and tough lockdowns hit production and demand, but the slight...
Soaring Cases Caused by Omicron’s Cousin BA.2
The highly transmissible Omicron variant of the SARS-CoV-2 virus accounts for nearly all of the coronavirus infections globally. Scientists are now tracking a rise...
IMF Report On Supply Chain Woes Faced By Shipping Industry
The magnitude of the damage caused by supply chain disruptions last year has been revealed in a new report from the International Monetary...
Transpacific Lane, A Green Shipping Corridor By The End Of 2022
The ports of Shanghai and Los Angeles, in partnership with shipping lines and cargo owners, are working to transition to zero-carbon-fueled ships by...
The First EU Country To Lift All Covid Restrictions
Denmark is to lift all remaining COVID-19 restrictions, with Omicron hospital admissions and deaths remaining stable and high rates of vaccination, reports Politico.
The official...
Wärtsilä Shares Down But Profitability Steady
Order intake up 92%
Comparable operating profit up 53%, sales up 31%
Operating margin, dividend below expectations
Shares down 8%
A Reuters news source...
Chevron Reports ‘Strong’ Permian Output Growth in Q4
Permian 2022 growth may be better than prior target
50% more Permian wells seen drilled year over year
Q4 output from the basin...
Trans-Pacific Sailing Rates Drop Amid Pre-Lunar New Year bookings
All-inclusive rates touch $12,000/FEU to USWC
Southeast Asian market finds rate balance
Europe imports soften, rates ease
Sources say that all-inclusive rates for trans-Pacific...
Memorandum of National Courts’ Symposium on Maritime Cases
The UK P&I Club reports of an article by Haitong & Partners law firm dated 27.01.2022 in which Haitong provide their comments on the...
[Infographic] Energy Risks Escalate in Russia Standoff With US & EU
Prices for Russia's Urals crude exports have hit near 12-month highs vs regional benchmarks in response to fears of escalation on the border with...