China's coastal bulk freight market saw a decrease in general demand in the week ending Friday, reports Xinhuanet News quoting the Shanghai Shipping Exchange (SSE). Drop in general demand  The composite index for coastal bulk freight...

Warns of more volatility if Russia hit by sanctions Calls on Europe to be 'proactive' on supply security LNG cargoes likely to continue to come to Europe Shell is prepared to do what it...

Oil rose as leading market participants said they expect global demand to continue its powerful recovery from the pandemic and tensions mounted over Ukraine, reports Yahoo Finance. Demand surge in Asia West Texas Intermediate traded near...

An interesting week on the front pages of the newspapers, but in the VLCC world. For full report click here Did you subscribe to our daily newsletter? It’s Free! Click here to Subscribe! Source: Fearnpulse

Total sales reached 451,664 mt in January, according to preliminary data from the Panama Maritime Authority (AMP).  Demand in Singapore in January fell by 10.4% on a yearly basis and by 3.5% on...

Critics say the enormous electricity consumption needed to sustain cryptocurrency is fueling the climate crisis. Marathon, a bitcoin mining company, became the sole recipient of the power station’s electricity. Planet-heating emissions from the...

As our billionaire tech overlords ignore the real world problems they helped create to instead try to figure out the exact utility of their latest monstrosity, other companies are trying to get in...

The American Medical Association estimates immunocompromised people account for at least 2.7% of U.S. adults — about 7 million people. Relyea set to work on finding a better way to share the data...

All shipowners make sure that hull insurance is in place to cover physical damage or loss to their ships arising out of accidents or perils of the sea. A failure to do so...

New lab experiments from Japan show that BA.2 may have features that make it as capable of causing serious illness as older variants of Covid-19, including Delta. BA.2 is highly mutated compared with...