China Locks Down City of 9 Million And Reports 4,000 Cases
City of Shenyang has barred residents from leaving without a 48-hour negative test result and put all housing compounds under ‘closed management’, reports The Guardian.
About the lock down
China has locked down an industrial city...
Tanker International Welcomes Another VLCC To It’s Scrubber Pool
A recent news article published in Riviera by Craig Jallal states that another VLCC joins specialist scrubber pool.
Tanker International announcement
Tankers International, a leading shipping pool for VLCCs, has announced Mercuria-operated Seaways Kilimanjaro has joined its...
China’s Waterway Freight Volume Goes Up In 2022
A recent news article published in the China's waterway freight volume up 5.5 percent in January-February.
China's waterway freight volume rises
China's waterway freight volume rose 5.5 percent year on year in the first two months...
A White House Statement On Combating Rising Shipping Prices
The Biden Administration is taking steps to combat supply chain issues, specifically ocean shipping.
In a White House statement, the administration announced an agreement between the Department of Justice and the Federal Maritime Commission.
...
US Authorises 2 Long-term LNG Export Orders
The US Department of Energy (DOE) today issued two long-term orders authorising LNG exports from Cheniere Energy’s Sabine Pass project in Louisiana and Corpus Christi in Texas, reports Riviera Maritime Media.
Long-term orders for LNG...
ONE Expands Reefer Fleet
Ocean Network Express (ONE) is expanding its reefer fleet by adding 6,500 new units, reports Riviera Maritime Media.
Growing demand for refrigerated cargo
The 6,500 units, which include 500 units equipped with advanced controlled atmosphere technology,...
COSCO Orders All-electric Feeder Vessels
Cosco’s intra-Asia containerline subsidiary Shanghai Pan-Asia Shipping will operate a novel pair of feeders on the Yangtze soon, reports Splash247.
All-electric tankers
Shanghai Pan-Asia is to take two all-electric 700 teu ships on long term charter...
NYK, MTI & GRID Collaborate on AI Ship Allocation Optimization
Nippon Yusen Kaisha (“NYK”), NYK Group company MTI Co. Ltd. (“MTI”), and GRID Inc. (“GRID”) have started developing a model using AI to optimize the efficiency of ship allocation plans of pure car and...
Weekly Bulk Report – Week 11, 2022
The Baltic Exchange has released a report about the dry bulk market for the 18th week of shipping activities of this year. The report dated 18th March highlights the dry bulk market conditions at the...
Asia middle distillates: Key market indicators for March 21-25
The Asian middle distillates complex is likely to remain rangebound at elevated levels in the week of March 21-25 amid tight global supplies and steady demand, with any developments in the Russia-Ukraine war expected...