The ‘Ukraine Effect’ Has Resulted In New Barge Tariffs

It said the charge would apply until further notice and be levied in addition to existing bunker and diesel surcharges. The source added that the port of Antwerp’s decision to expand its left...

The World’s Wealthiest Sports Team Owners In 2022

Despite rampant inflation and a volatile market, the world's ten wealthiest sports owners have a total net value of $353 billion, which is unchanged from a year earlier as reported by Forbes. Knocked out It has...

Top 10 Richest Tech Billionaires Of 2022

It’s already shaping up to be a tough year for tech. The Nasdaq Technology 100 Index hasn’t been able to sustain its pandemic-fueled highs, dipping 12% in 2022. A tech selloff in China has...

A.P. Moller Capital Joined Mærsk Mc-Kinney Møller Center For Zero Carbon Shipping

A.P. Moller Capital, a fund management company, has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, independent not-for-profit research and development centre, as a mission ambassador, says an article published in Offshore...

[Watch] Navy Rescues Unwell Crewmember

Rescue personnel of the Argentine Naval Prefecture medevaced a crewmember from the squid jigger Xin Shi Ji 91 at a position about 145 nm off the port of Mar del Plata, within the Argentine EEZ. The captain of...

Avenir LNG And Achema Completes First LNG Delivery

Avenir LNG and Lithuanian gas supplier Achema have organised the first LNG ship delivery to the small-scale Klaipeda LNG terminal in Lithuania, reports Offshore Energy. About the companies cooperation On 1 April, Avenir’s 7,500 cubic metres...

ZIM Boosts Capacity Building, Charters 6 More MPC Vessels

Israeli ocean carrier Zim has agreed a charter with non-operating containership owner MPC Container Ships (MPCC) for up to six newbuild 5,500 teu wide-beamed vessels for seven years, reports The LoadStar. A change in strategy Since...

Oil Exporters Are Thriving, While The Global Economy Is Damaging

The mindset in the Gulf now is that economies need to fortify themselves against future crude price dips and reduce dependence on oil income, said, Hertog.  UAE Environment Minister Mariam Al Mheiri called...

Vegas Showcased The World’s Best Pizzas

The biggest show of the year, the championship for the best pizza in the world. Notably, the convention featured a significant number of vegan and plant-based pizza exhibits. Preparing delivery-only meals for celebrity...

MOL Decides To Stop Transporting Used Electric Vehicles

Shipping operators are turning away transporting risky used electric vehicles (EVs) in greater numbers. Japan’s Mitsui OSK Lines (MOL) is the latest name to go on the record saying it is pulling back...