Danaos Orders 4 More Methanol-ready Boxships
Greek shipowner Danaos Corporation has placed orders for four methanol-ready 7,200 TEU containerships.
The vessels will be built at Daehan Shipbuilding in South Korea and are expected to be delivered to their owner in the...
Fearnleys Weekly Report – Week 14, 2022
With the unprecedented bunker prices bite hard on owners returns. As other sizes benefit from a little more Russian exposure on specific routes, VL’s remain soft across the globe.
For full report click here
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Weekly Bulk Report – Week 14, 2022
The Baltic Exchange has released a report about the dry bulk market for the 14th week of shipping activities of this year. The report dated 08th April highlights the dry bulk market conditions at the...
Americas Bunker Fuel Availability Outlook
• Supply tight in New York and US West Coast
• US fuel oil stocks build on refinery ramp-up
• Argentinian refinery maintenance ends
Availability is tight for all fuel grades in New York. A supplier is...
Asia Residual Fuels: Key Market Indicators For April 11-15
The Singapore low sulfur fuel oil supply is expected to remain tight in the April 11-15 trading week as higher gasoil crack spread continuously draws LSFO blending components to the middle distillate market.
The high...
Meet the World’s Richest Woman in 2022
For the second year in a row on Forbes’ list of the World’s Billionaires, the planet’s richest woman is L’Oréal heiress Françoise Bettencourt Meyers of France.
Fourteenth richest person in the world
Worth an estimated $74.8...
WHO Analyses 2 New Omicron COVID Sub-variants
The World Health Organization is tracking a few dozen cases of two new sub-variants of the highly transmissible Omicron strain of the coronavirus to assess whether they are more infectious or dangerous, reports Reuters.
It...
Covid-19 Lockdowns Could Crimp Alibaba Earnings
Alibaba Group Holding slumped Wednesday after Citigroup warned about ongoing disruption from the Covid-19 virus. It was one of several factors weighing on the stock and its peers during the session, reports Barron.
Zero covid...
China’s Service Sector Hit Hard by Omicron
Activity in China's services sector contracted at the sharpest pace in two years in March as a surge in coronavirus cases restricted mobility and weighed on demand, a private sector survey showed on Wednesday,...
Alang Experienced The Lowest Tonnage In A Decade
The central government has announced plans to double India’s ship recycling capacity by 2024. alango, AsiaThe largest ship breaking yard in the U.S. has seen the lowest tonnage of the decade, says an article...