Are We Facing the End of a Pandemic-Driven Shipping Boom?
For the past two years, it has been a roller coaster ride in the ocean freight business. After the early-pandemic slowdown in 2020, demand soared in 2021, resulting in massive profits for ocean carriers,...
Another Faster-Growing Omicron Offshoot
Just as most Americans have caught wind of the BA.2 variant of Omicron — which overtook the original Omicron as the dominant strain in the U.S. less than a month ago — another possibly...
Diana Shipping Inks Time Charter Contract With C Transport
A global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with C Transport...
Asia Octane: Key Market Indicators For April 25-29
Demand for Asian gasoline and its blending components is expected to strengthen over April 25-29, supported by easing COVID-19 restrictions among regional economies, market sources said.
Driving activity is slated to see a boost in...
Oil Loading Resumes At CPC Network At Novorossiisk
Kazakhstan says 2 mooring points are sufficient for normal loading
Storm damage disrupted shipments since mid-March
CPC is Kazakhstan's main crude export route
Oil loading at a second of three single-point mooring systems on...
Carriers Roll Out More Blank Sailings In A Bid To Underpin A Slide In...
The 2M alliance is preparing to blank three Asia-North Europe sailings next month, as export demand from China plummets and container spot rates come under increased pressure, says an article published in The Loadstar.
Alternative...
House Republicans Demand Records Of Musk’s Bid To Buy The Company
A group of House Republicans is asking Twitter’s board to preserve all records related to Elon Musk’s offer to buy the company.
It sets the grounds for a potential congressional probe should the...
Shanghai: Pet Dog Beaten To Death By Healthcare Worker
The pet dog was killed by an anti-epidemic worker with a stick in the middle of the street at Caoluzhen.
Both incidents were caught on home security cameras.
The lockdowns in the city...
Despite Concerns, Algeria Has Pledged To Send Gas To Spain
Algeria and Spain are locked in a territorial conflict over Western Sahara.
Sonatrach, an Algerian company, may raise the price of gas paid by Naturgy, a Spanish company.
Spain is attempting to establish...
Mysterious ‘Russian Flu’ Caused By Coronavirus, Says Scientists
Covid
In 1889, a mysterious respiratory illness emerged in Russia and then spread across the globe, triggering at least three waves of infection over the course of several years. Now, some scientists suspect that this...