Omicron To Push Supply Chain Turmoil into Backsliding

Commerce Secretary Gina Raimondo is concerned the Omicron coronavirus variant will exacerbate pressure on the already stressed-out global supply chain, reports CNN. Shortage of workers  Raimondo pointed to the shortage of workers impacting a range of...

Why Is This COVID Antiviral Drug Blocked by The U.S. Health Advisors? 

A panel of U.S. health advisors on Tuesday narrowly backed a closely watched COVID-19 pill from Merck, setting the stage for a likely authorization of the first drug that Americans could take at home...

MOL Spends Profits To Diversify Revenues

Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet numbers, is investing some of its profits made during a bumper 2021, to diversify revenues, including upping its exposure to real estate, reads an official...

Yang Ming Adds 11,000TEU Ship To Trans-Pacific Fleet

To facilitate medium to long-term operation, Yang Ming has partnered with professional shipowners for the construction of 14 11,000 TEU container vessels, says an article published in Ajot. Alternative Marine Power This newest ship, called “YM...

China’s Rush for LNG Deals Amid High Spot Prices

China's rush for long-term LNG contracts with the US has been triggered by record high spot LNG prices but the deals also reflect pent up demand for uncontracted volumes, attractive pricing offered by suppliers,...

MISC Welcomes Jurong Port To The Castor Initiative

Jurong Port Chief Executive Officer, Mr Ooi Boon Hoe, said: "We are delighted to be part of The Castor Initiative, which is determined to take concrete steps to meet IMO 2050 targets through...

Fuel Technology To Power Zero-Emission Cargo Ships

AIM-listed AFC will supply its new “S” series heavy duty maritime platform which is expected to host 2 x 600kW of alkaline fuel cell systems plus ammonia cracking technology within modular 40ft containers. ...

Global Goods Trade Touches $5.6 Trillion In Q3

Annual growth refers to the last four quarters. Remarkable yet uneven Although the services sector picked up in line with the overall growth, trade in services, such as tourism, will remain slightly below...

Link Between AstraZeneca And Unusual Blood Clots Revealed

They think this kicks off a chain reaction, involving the immune system, that can culminate in dangerous clots. Some package that code up inside spheres of fat, while the AstraZeneca one used an...

India’s November Oil Product Exports, Crude Imports Up

India's oil product exports rose on the month in November, with an increase in shipments of all three transport fuels, even though demand was mostly robust last month. Crude imports also rose, reports Argus...