US Tariff Uncertainty Weighs on Transpacific Shipping
Key insights:
1. President Trump signed an executive order extending the reciprocal tariff pause for a long list of US trading partners from July 9th...
[Watch] U.S. Navy Aircraft Carrier Breaks COVID-19 Hiatus!
U.S. Navy aircraft carrier USS Theodore Roosevelt (CVN 71) is underway for the first time since being sidelined by an onboard coronavirus outbreak.
...
[Watch] Bald Eagle Hatching From Its Egg
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Rare footage shows a bald eagle hatch. Watch the...
Bunker Indices Show Modest Decline, Market Remains Unsettled
During Week 48, MABUX's global bunker indices saw a slight decline. The 380 HSFO index dropped to 528.89 USD/MT, VLSFO index decreased to 667.76...
LNG Tankers Stranded Off Singapore, Malaysia as Demand Weakens
Reuters quoted traders stating that “a fleet of half a dozen tankers carrying unsold liquefied natural gas (LNG) is floating in Singapore and Malaysian...
Wilhelmsen Reports First Quarter 2020 Results
Good operational performance overtaken by significant fall in financial asset values.
This has resulted in a USD 284 million net loss for the...
Liberian Registry Switches To Digital Vessel Registration System
The Liberian Registry has introduced a new digital-based vessel registration system for 2020, allowing digital files to replace paper documents to speed up the...
Hudong-Zhonghua Lays Keel For CSSC Shipping’s LNG Carrier
The keel laying ceremony took place on 22 november, the ship is the fourth 174,000 cbm LNG carrier built by the company for...
IUMI Fully Endorses The Call To Action For Shipping Decarbonization
IUMI supports the call to action for shipping decarbonization
it unites the voices of more than 150 industry leaders, companies, and organizations representing...
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Groundbreaking Deep-Sea Research To Unlock Secrets of Life On Earth And...
Deep-sea scientists have embarked on the most detailed examination of our oceans, potentially unlocking clues about how life began on Earth and the possibilities...
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Challenges Faced by Five German Shipping Banks
The five biggest German shipping banks face towering difficulties as the scope of their non-performing loans to ships is growing, notes rating bureau Moody's...
Gibson Tanker Report – Peak Oil Demand in Sight?
World Oil Demands decline from 90million b/d to just 24 million b/d by 2050. Net-zero targets rely on further rapid deployment of available technologies...
Russian Rockets Damaged Ukraine Nuclear Plant
Ukraine's nuclear agency says Russian rockets have damaged part of a giant Russian-controlled nuclear power plant, but there has been no radiation leak, says...
