Chinese Software Giant Halts Release Of New Apps

The technology giant has been told to halt the rollout of new apps in China. However, current versions of the apps are still available to be downloaded and used as normal. The suspension...

Top 10 Ship Owning Nations

A recent blog posted in the Vessels Value states brings out the top 10 ship owning nations. Top 10 Ship Owning Nations Please note, November 2021 total fleet values in the Top 10 Ship Owning Nations...

Travellers Stranded After New Covid Version Sparks Alarm

The European Union and other major destinations, including the United States and Canada, have moved to block flights from African countries following the discovery of the Omicron variant, echoing previous emergency responses that...

Global Oil Stocks Crumble As New Covid Variant Emerge

Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant rattled global markets. Asian markets led the way, with Hong Kong's Hang Seng Index (HSI)...

This Type of COVID Variant To Derail Global Economic Recovery

Wall Street stock indexes dropped at the open after the U.S. Thanksgiving break, Treasury yields slid and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven...

Inflation Drives Food Costs for Shipping Amid COVID Repercussions

The repercussions of covid have impacted international trade which has resulted in disruption to the supply chain, reports MCTC. Inflation drives up food costs Ongoing issues have led to food prices being pushed to their highest...

Baltic Exchange Dry Index Rise By 3.3%

Trading Economics reports of the Baltic Exchange Dry Index. Baltic Exchange Dry Index The Baltic Exchange Dry Index rose 3.3% to 2,767 on Friday, its highest since November 12th, extending gains for a second straight session,...

Shipping Industry Is Going To Rely More On Chinese Financing

The shipping industry is going to rely more on Chinese financing as those vessels that fall short of environmental standards become less attractive for traditional lenders. Shipowners say China is important for finance...

Wärtsilä & RINA Partners To Deliver A Solution With Hydrogen As Fuel

The technology group Wärtsilä, together with class society RINA, ABB, Helbio - a subsidiary of Metacon AB, the Liberian Registry, and an energy major have joined forces in an effort to deliver a...

How Marine Heat Waves Cause Billions Of Dollars Of Damage?

Marine heatwaves are catastrophic impacts of climate change. Climate change has caused surface waters to warm at an average rate of 0.15 degrees C per decade over the past 40 years. We must...