Living With COVID Means A Life Lockdown For The Most Vulnerable

3.7 million people in England living with underlying diseases or pre-existing chronic health conditions who were told by authorities to "shield" at home and minimize all face-to-face contact on March 23, 2020, as the...

Wave of U.S. LNG Ships Head To Europe, Will It Be Enough?

Fallout from Russia’s invasion of Ukraine is being felt across all shipping markets, but none more so than liquefied natural gas shipping. Consequences to this shipping segment have been immediate, sweeping and possibly permanent,...

Fuel Oil Market To Remain Tight for Medium Term, Says Leading Analyst

The global fuel oil market is expected to remain tight for the medium term due to the effects of the Russo-Ukrainian war, reports Manifold Times quoting the observations of Yaw Yan Chong, the Director...

Supply Chain Disruptions Mount Amid Chinese Lockdown

Global supply chains have already been impacted by China’s six-day lockdown, supposedly to mitigate the spread of the Wuhan coronavirus (COVID-19), reports Natural News. New supply chain issues and logistical delays The world’s largest container shipping...

MOL’S Wind Challenger Bulk Carrier Gets MLIT Approval

Mitsui O.S.K. Lines (MOL) has announced that its plan for a large-scale dry bulk vessel equipped with a hard sail system has been certified by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT). Wind...

Senior Official Quits Over Russian Crisis

A senior Kremlin official has reportedly resigned his position over Vladimir Putin’s invasion of Ukraine, becoming the first person of his seniority to publicly protest against the war, reports Independent. Senior official quits Anatoly Chubais, who...

Adnoc Deepens Collaboration With Germany On Clean Hydrogen

The agreements were announced during the visit of the German Federal minister for economic affairs and climate action Robert Habeck to the UAE. ADNOC is an H2 producer that plans to significantly grow...

Russia Cannot Be Expelled From G20, Says China

China today said Russia cannot be expelled from the G20 after Washington raised the prospect of excluding Moscow from the group. Beijing described Russia as an 'important member' of the G20 in the latest...

Germany Clinched Long-term Gas Supply Deal With Qatar

Following a meeting with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Mr Habeck said the deal would be a “door-opener” for Germany’s economy. in the short-term, Germany continues to be reliant on...

Allied’s Weekly Market Report – Week 11, 2022

The dry bulk sector is undergoing a fairly difficult period in terms of freight earnings and overall momentum. For full report click here  Did you subscribe to our daily newsletter? It’s Free! Click here to Subscribe! Source:...