Suez Canal Authorities Take Anti-bribery Measures
The Suez Canal Authority (SCA) has announced measures designed to improve Egypt’s reputation bribery.
The SCA has sent a letter to International Chamber of Shipping (ICS) policy director Georgia Spencer-Rowland.
It states that,...
Russia Might Be In A Difficult Position, If Shipping Services Are Halted
Most global shipping companies have suspended cargo bookings temporarily to and from Russia amid the Russia-Ukraine crisis, according to data and analytics company GlobalData on Tuesday (22 March).
The firm notes that essential...
IMO Working Group Progresses On Draft Lifecycle GHG and Carbon Intensity Guidelines
Progress on developing draft lifecycle GHG and carbon intensity guidelines for marine fuels and assessment of impacts of GHG measures has been made by an IMO working group.
The session, held remotely, was...
Average Waiting Time At LA Terminals Has Fallen And Why?
Average vessel waiting times for berth and labour have improved significantly at the San Pedro Bay ports of Los Angeles and Long Beach in the past few weeks.
As a result, it has...
Ships Leaving Russian Ports Down 35% Since Invasion
The number of ships departing Russian ports has dropped 35% compared with pre-Ukraine invasion levels, reports Lloyd’s List.
Tracking the numbers
In the three-week period ending February 24 — the day the invasion started — 885...
China’s 2022 GDP Target Beneficial For World Economy
Experts worldwide say China's 2022 GDP target at around 5.5 percent is achievable and the country is playing a more important role in restoring the languishing world economy.
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Countries Predicting Impact Of COVID, As BA.2 Grows In The US
After weeks in free fall, new Covid-19 cases are starting to level off in the US, as the BA.2 subvariant continues its ascent, says an article published in CNN.
Half of new COVID cases
BA.2 caused...
Living With COVID Means A Life Lockdown For The Most Vulnerable
3.7 million people in England living with underlying diseases or pre-existing chronic health conditions who were told by authorities to "shield" at home and minimize all face-to-face contact on March 23, 2020, as the...
Wave of U.S. LNG Ships Head To Europe, Will It Be Enough?
Fallout from Russia’s invasion of Ukraine is being felt across all shipping markets, but none more so than liquefied natural gas shipping. Consequences to this shipping segment have been immediate, sweeping and possibly permanent,...
Fuel Oil Market To Remain Tight for Medium Term, Says Leading Analyst
The global fuel oil market is expected to remain tight for the medium term due to the effects of the Russo-Ukrainian war, reports Manifold Times quoting the observations of Yaw Yan Chong, the Director...