World’s Third Biggest Oil Importer Sign Economic Partnership Agreement

UAE, India sign economic partnership agreement India has complained to OPEC about oil price swings India is world's third biggest oil importer and consumer A recent news article published in the Platts states that...

What Is The Potential Impact Of PayPal Coin?

PayPal confirmed that it is “exploring a stablecoin” that could be called PayPal Coin after a developer found evidence of such a stablecoin within the source code of the company’s iPhone app, reports Coin...

World’s Largest Fuel Supplier To Develop Bio-based Bunker Fuel for US, Europe

Trial runs using B20 and B30 underway Prices of conventional 0.5%S bunker fuel on the rise A recent news article published in the Platts states that REG, Bunker Holding team up to develop bio-based...

Asia-North Europe Carriers Losing The Market Despite Lowering The Rate

Asia-North Europe carriers were out in the market offering discounts on container spot rates this week, but transpacific shippers saw some increases for the US west coast, says an article published in The Loadstar. Carriers...

A Long-Term Role For Oil As A Marine Fuel Mix

Future fuels are challenging to implement on some routes Biomethane next step for LNG Biofuels a near-term decarbonization pathway, at a cost Oil could remain part of the marine fuel mix for a couple...

DSIC and CSE Attained AiP Certificate For Methanol-Fueled VLCC Design

The methanol-fuelled VLCC design from Dalian Shipbuilding Industry (DSIC) and Cosco Shipping Energy Transportation has obtained AiP certificate from the classification societies of CCS and DNV, says an article published in Seatrade Maritime News. About...

Weekly Bulk Report – Week 7, 2022

The Baltic Exchange has released a report about the dry bulk market for the 7th week of shipping activities of this year. The report dated 18th February highlights the dry bulk market conditions at...

Reinstatement Of SENER Rule Puts Fuel Importers In Hard Times

Market observers told S&P Global Platts most participants are exposed to the regulation. Another worrisome element in the regulation is that the Energy Secretariat, or SENER, has greater discretion to cancel permits, said...

Giant Donut-Shaped Machine Generate Record-Breaking Fusion Energy

There's no silver bullet to the climate crisis, but nuclear fusion may be. Nuclear fusion is, as its name suggests, the fusing of two or more atoms into one larger one, a process...

Work Begins On World’s First Underwater Data Center

Work has begun on the world's first commercial underwater data center. The project leader, Highlander, has previously conducted trials of data center equipment running in an underwater cabin. Highlander signed contracts in January...