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...

GTT Bags LNG Carrier Duo Tank Design Order

French LNG containment specialist GTT has received an LNG carrier tank order from the Korean shipyard Samsung Heavy Industries,says an article published in Offshore Energy. Mark III flex Samsun Heavy has once again chosen GTT’s tech...

GMS Weekly Report – Week 16, 2022

As holidays descended across much of the sub-continent over the last week, activity and sales logically slowed as the recycling industry enjoyed a bit of a breather. Read more here ...  Did you subscribe to our...