Shipping Stocks in Crosshairs
Shipping stocks fell sharply on Monday as Wall Street’s main indexes closed higher. Multiple shipping names sank by double digits, adding to last week’s pullback. U.S.-listed shipowner shares face simultaneous sentiment pressures on multiple...
Musk’s Twitter Ambitions To Collide With Europe’s Tech Rules
A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material, reports abc News.
Just stop...
US Has Crossed The ‘Pandemic Phase’, Says Fauci
A recent news article published in the Fox News states that, according to Fauci, US is 'certainly' out of the 'pandemic phase'.
Moving past the corona virus pandemic
After three years, the United States might be soon moving...
A Major Recession Is Coming, Deutsche Bank Warns
A significant recession by next year seems likely, it says
U.S. unemployment may rise several points, economists project
The Federal Reserve is likely to need to engage in the most aggressive monetary tightening since...
NYK Launches New Brands To Highlight Zero-emission Goals
Shipping giant NYK has launched its new NYK GREEN EARTH brand through which it aims to ‘consolidate its efforts to generate new value for low-carbon and decarbonisation through green business’, reads an official press...
World’s 1st Pure Battery Tanker Completes First Bunkering Ops
MOL and Asahi Tanker has announced on April 26, the Asahi Tanker-owned and operated tanker ASAHI – the world’s first pure battery tanker to operate completely on electricity – bunkered fuel on the MOL...
[Infographic] Markets Brace for Oil Demand Doom Amid China’s Zero-COVID Policy
China's ongoing COVID crisis is one of the key events driving commodity markets, reports Platts.
COVID restrictions hinder economy
Widespread restrictions in several key cities as Beijing sticks to its zero-COVID strategy are threatening the country's...
Hapag To Equip Container Fleet With Real-time Tracking
German carrier Hapag-Lloyd will equip its entire container fleet with real-time tracking devices, reads an official press release.
Container ship digitalization
"After successfully introducing real-time monitoring for its reefer container fleet in 2019 with the Internet-of-Things...
Tight Oil Market Myth is Becoming A Reality!
The crude market isn't that tight, but the oil market is, reports Platts.
Fiction becomes fact
The bullish narrative going into the Russian-Ukraine crisis was driven by a short-term perspective and flawed thinking around crude fundamentals....
Crowley Inks MoU With Shell for Decarbonization
The memorandum of understanding (MoU) builds on the construction of Crowley’s 12,000-m3 LNG bunker barge – the largest of its type in the US – which will go on long-term charter to Shell NA...