Was $46 Billion A Month Worth For Lockdowns?
China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrictions, reports Bloomberg.
The...
FueLNG Bellina In Singapore’s First Ship-To-Ship LNG Operation
Singapore’s first LNG bunkering vessel FueLNG Bellina loaded LNG in what FueLNG described as the country’s first ship-to-ship transfer, says an article published in Offshore Energy.
Joint venture
FueLNG is a joint venture between Keppel Offshore...
Second P&O Ship Detained, Unfit To Sail
A second P&O ferry was detained after failing the safety checks, reports Safety4Sea.
Another detention
It is important to recall that on Friday 25, another ship operated by P&O Ferries has been detained in Northern Ireland for...
Hafnia Sealed A Deal To Sell Eight Vessels For $252M
BW Group-controlled Hafnia has sealed a deal for an en bloc sale of its eight 2016 and 2017 built stainless steel vessels to Dutch-based Ace Tankers for $252.4m, releasing around $50m in cash, says...
Ukraine War’s Food Crisis Worst Since WWII
According to the U.N. food chief the war is “a catastrophe on top of a catastrophe” and will have a global impact “beyond anything we’ve seen since World War II", reports Independent.
A major a...
Stocks Slip As Bond Markets Suggest Pain for U.S. Economy
European shares fell on Wednesday as bond markets suggested pain ahead for the U.S. economy, tempering hopes of a negotiated end to the Ukraine conflict that had earlier buoyed equities, reports Metro.
Index back to...
Cargotec & Konecranes Drops Merger Plans
Finnish cargo handling equipment specialists Konecranes and Cargotec have decided not to move forward with their planned merger after the UK Competition and Markets Authority (CMA) blocked the transaction, citing substantial competition concerns.
...
Facebook Launches Reels Globally
Facebook is launching Facebook Reels in more than 150 countries for creators around the world to grow their communities.
To help creators earn money from Facebook Reels, they’re expanding tests of overlay ads,...
How “Herd Immunity” Stubbornly Failed To Arrive & Expel The Virus
the UK has still registered more than 160,000 lives lost to the pandemic, roughly half of them in the Alpha wave.
the combination of vaccination and Omicron’s comparatively mild (though still serious) properties...
UK Contemplates About Incorporating Shipping Into ETS
It also creates carbon permits for those emissions and companies must buy one for each tonne of carbon dioxide (CO2) they emit.
We are open to the possibility of linking the UK ETS...