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...