Weekly Tanker Report – Week 12,2022
The Baltic Briefing has issued the tanker report for the 12th week of this year. The report dated 25th March 2022 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
Clean
In...
Russian War In Ukraine Could Spark A Global Recession
Federal Bank of Dallas economists warns that a global economic downturn may be unavoidable if a large of Russian energy exports remain off the market throughout the year.
Billionaire investor Carl Icahn also...
OPEC Warns EU Of Market Destabilization If EU Follow Through Banning Russian Oil
Not enough spare capacity to replace Russia, OPEC says
OPEC Secretary-General met online with EU energy chief March 16
Ireland, Lithuania have called for an EU embargo on Russian oil
OPEC has told the...
KOGAS And Shell To Initiate Full-Scale LNG Bunkering Operations
The 18,000 m3 capacity K.Lotus is owned by KLBV 1, a joint venture between KOGAS (40%) and Korea Shipping (60%).
KOGAS President Chae Hee-Bong said his company will use the experience gained from...
[Watch] Oscar Outburst! Will Smith Slaps Chris Rock
Bad blood between Chris Rock and Will Smith flowed long before the “King Richard” star took a swing at the 2022 Oscars, reports PageSix.
2016 Academy Awards
In 2016, the stand-up comic hosted the Academy Awards, where...
China Implements A Two-Phase Shutdown As COVID Levels Rise
China's financial hub of Shanghai launched a two-stage lockdown.
Areas to the west of the Huangpu River will have similar restrictions imposed from April 1 to April 5.
Tesla did not immediately respond...
[Podcast] Americas Shipping, Bunkers Hit Rough Waters
As global oil markets continue to react in real time to the ongoing conflict in Europe, downstream sectors and interconnected industries are also beginning to see marked impacts on trade flows, fundamentals and most...
European Shipowners Support To Break The Recycling Stalemate
Under current legislation, this breaches the law even when non-OECD facilities advance their standards and comply with the EU Ship Recycling Regulation (SRR) criteria.
The Commission’s proposal would clarify the legal framework.
Most...
[Watch] Tornadoes Toss Truck
At least 20 tornadoes have been reported across Texas and Oklahoma. Local officials have reported minor injuries and one death.
Disclaimer: This video is intended for informational purpose only. This may not be construed as...
Weekly Bulk Report – Week 12, 2022
The Baltic Exchange has released a report about the dry bulk market for the 12th week of shipping activities of this year. The report dated 25th March highlights the dry bulk market conditions at...