MAN Awards ‘No Objection’ To Chevron, Shell And ExxonMobil
Shell Marine’s Alexia 40 XC cylinder oil, Chevron Marine Lubricants’ Taro Ultra Advanced 40 and ExxonMobil’s Mobilgard 540 AC 40BN marine cylinder oil have all received a no objection letter (NOL) from Man Energy...
US Maritime Administration Appeals Ruling That Awarded $367m To Anchorage
In February this year, the Municipality of Anchorage was awarded more than $367m in damages from the US Maritime Administration (MARAD) for failed construction at the Port of Alaska, reports Splash 247.
About the case
The...
Major Shipping Firm Sees Signs Of Supply-Chain Bottlenecks Easing
Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies, reports Bloomberg.
Reducing...
Measles Cases Surge 80% Amid Covid Chaos, More To Follow?
Measles cases have surged nearly 80% worldwide this year amid disruption caused by Covid-19, the UN has said, warning that the rise of the “canary in a coalmine” illness indicated that outbreaks of other...
Judge Rejects Elon Musk’s Bid To Free Tweets From Oversight
Elon Musk has lost a bid to get out of an agreement made with regulators requiring oversight of his tweets about his car firm Tesla, reports BBC.
Elon Musk loses bid
The settlement was made after...
WTO Chief Warns Against Retreat From Global Economy
Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases, reports Reuters quoting the head of...
Gard Releases Guidance on Enclosed Space Entry & Rescue
Recurring enclosed space incidents serve as a stark reminder that entry into such spaces without proper training or following procedures can result in seafarers being killed or seriously injured. Far too often, we also...
TotalEnergies Takes $4.1b Impairment Over Arctic LNG 2 Project
French energy major TotalEnergies will no longer book proved reserves for the Arctic LNG 2 and will book a $4.1 billion impairment charge on Novatek’s project, reports Reuters.
No more proved reserves
On 22 March 2022,...
The World Is In Crisis, And That’s Good For The Economy
The war in Ukraine, the economic and social turmoil induced by China’s zero-Covid policy, the European Union’s collective security and defense awakening, and the polarization of American politics have combined to induce global economic...
Crude Rises on China’s Financial Stimulus
Crude oil futures climbed in mid-morning Asian trade April 27, extending overnight gains, as China announced a fresh wave of financial stimulus, which helped delay demand concerns, while renewed fears over supply disruptions resurfaced...