Sales Of Used Ship Equipment On Cross-Border e-Commerce Website
TOKYO-Mitsui O.S.K. Lines, Ltd. announced that its group company MOL Turkey Denizcilik Ve Lojistik Tic. A.Ş (MOL Turkey) launched sales of used ship equipment from vessel demolition yards in Turkey, reports a short press...
Russian Plants Likely To Run At 50% In April
Small and medium-sized Russian refineries, which predominantly rely on exporting their products, were expected to run at around 50% capacity in April with international buyers distancing themselves from the country's oil after the invasion...
SSA Inks A Partnership Agreement For Deacrbonisation
The Singapore Shipping Association (SSA) has signed a partnership agreement with the Global Centre for Maritime Decarbonisation (GCMD), reports Seatrade Maritime News.
About the deal
The agreement signed in Singapore on Tuesday aims to pave the...
Shipbrokers Desperate For ‘Something To Sell’
The shift by some ocean carriers to owning more tonnage rather than chartering-in ships has depleted the containership charter market by 1.6 mllion teu, according to Alphaliner data, reports The Loadstar.
Reduction of open tonnage
And...
Russia, Ukraine To Resume Talks Soon, Says Turkey
Moscow would not refuse a meeting between Foreign Minister Sergei Lavrov and his Ukrainian counterpart Dmytro Kuleba but any talks between them would need to be substantive, RIA news agency cited the Russian foreign...
Car Carrier Rates Hit Record Highs
car carrier rates are hitting record highs according to new research from VesselsValue.
It’s not just tonnage suppliers who are benefitting. Operators have started to earn quarterly profits finally worth bragging about after...
Shipbuilders’ Profits Remain Elusive Despite Full Orderbooks
New orders for gas tankers and containerships have been the main drivers of newbuilding demand during the first quarter of 2022, on the back of hot markets in the liquefied natural gas and liner...
China’s Financial Hub Goes Into Lockdown
China's banks and investment firms are calling on essential staff to live at the office this week to avoid any trading disruption during Shanghai's massive Covid lockdown.
During the pandemic, workers in China...
What One Million COVID Dead Mean for the U.S.’s Future
The U.S. will record one million confirmed deaths from COVID in the next several weeks.
The effects on children may be the longest-lasting.
The effects on children may be the longest-lasting.
The U.S. is...
Despite Falling Cases Of COVID Worldwide, Death Toll Jumps By 40%
Covid cases
The number of people killed by the coronavirus surged by more than 40% last week, likely due to changes in how COVID-19 deaths were reported across the Americas and by newly adjusted figures...