Major Liner Operators Increase Slots Ahead of Chinese New Year

The Taiwanese government is following its South Korean counterpart by calling on domestic ocean liners to ensure sufficient container shipping slots for local exporters, reports the Loadstar. Liners making increased capacity The island’s three largest liner...

As Ningbo Recovers, COVID Disrupts Other Major Port Operations

The port of Ningbo has largely recovered from its latest Covid disruption, but the risk of shipping delays from China has already spread to Tianjin and Shenzhen, reports the Loadstar. Recovery of container gate operations In...

US Port Improvement Projects Bring in Millions of Federal Dollars

The port of Long Beach is the winner in the first round of funding from Washington for port and marine infrastructure development since President Biden signed the $1.2 trn infrastructure bill in November, reports...

Equinor Warns of $1.8b Impairment Charge for UK Mariner Oilfield

Norwegian oil and gas company Equinor has reduced its total recoverable reserves estimate for the Mariner field in the UK North Sea, which will result in a $1.8 billion impairment in Equinor’s result for...

Maritime Industry To Discuss Decarbonization in Hamburg

On June 21-22, 2022, the 3rd Decarbonizing Shipping Forum will gather major shipowners, service providers, research, and government bodies for two days of knowledge sharing and networking in Hamburg, reports the Maritime Executive. The forum...

[Watch] Rare Deep-sea Giant Phantom Jellyfish

This ghostly giant is a rare sight. But in November 2021, MBARI researchers spotted this giant phantom jelly (Stygiomedusa gigantea) with the ROV Doc Ricketts 990 meters (3,200 feet) deep in Monterey Bay. The bell...

Allied’s Weekly Market Report – Week 01, 2022

The dry bulk sector, undoubtedly, began the new year with a strong start. We are at 12-year high levels in average returns for all dry segments For full report click here  Did you subscribe to our...

Gibson Tanker Report – Sticking To The Plan

The first key item on the agenda for oil markets was the January 4th OPEC+ meeting in which the alliance decided to maintain its planned. For the weekly tanker report please click here Did you subscribe...

Oil Market To Remain Tight Until The World Starts To Live With Covid

ICE March Brent futures contract was up 31 cents/b (0.38%) from the previous close  Libyan oil output meanwhile is poised to recover to about 1.2 million b/d  oil prices will likely trade range...

HHI Team Up With ABS On Real-Life Trials Of Autonomous Ship

HHI Group has teamed up with the classification society American Bureau of Shipping (ABS) to work on real-life trials of autonomous ship technologies. The agreement will see Avikus start stage-by-stage demonstration tests for...