China’s Belt and Road Initiative has left scores of lower- and middle-income countries saddled with “hidden debts” totaling $385bn, reports Financial Times. Existing debts The AidData researchers estimated that existing debts stemming from Chinese lending...

A large study has revealed that one in three Covid-19 survivors have suffered symptoms three to six months after getting infected, with breathing problems, abdominal symptoms such as abdominal pain, change of bowel habit...

Japanese shipping major Kawasaki Kisen Kaisha, Ltd. (K Line) has taken delivery of the new eco-friendly Capesize bulker Cape Brolga, says a press release published on their website. About the capesize bulker The new bulk carrier...

Diana Shipping Inc. has entered into a time charter contract with Aquavita International S.A., for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi, through a separate wholly-owned subsidiary, says a...

Klaveness Combination Carriers (KCC) has successfully completed testing of 30 per cent biofuel aboard one of its vessels on a recent voyage across the Atlantic, reports BairdMaritime. About the trial Panamax combination carrier The trial utilised the...

Oil product stockpiles at the UAE's Port of Fujairah rebounded from a record low on gains in light and middle distillates such as gasoline, jet fuel and gasoil, reports Platts. Total inventory The total inventory...

Summer ice has reached its 12th lowest ever extent, and that the amount of multi-year ice Cutting black carbon emissions  will halt the warming impact virtually immediately International shipping is not outside of the...

Japan's Imabari Shipbuilding aims to launch a cargo vessel that runs entirely on ammonia by 2026, reports NikkeiAsia. Decarbonization efforts With decarbonization emerging as a priority in the traditionally emissions-heavy shipping industry, Japan's Imabari Shipbuilding aims...

The recent volatility comes as China’s central bank announced that all cryptocurrency transactions in the country were illegal Cryptocurrencies have the potential to be one of the most disruptive technologies Investors are moving...

A series of studies has found that some people mount an extraordinarily powerful immune response against SARS-CoV-2 Antibodies in these individuals that can strongly neutralize the six variants of concern tested A third...