d’Amico Announces US$8m Worth Old MR Vessel Sale Deal

d’Amico Tankers signed a memorandum of agreement for the sale of one of its oldest MR vessels to make place for eco ships in its fleet, says a press release published on their website. About...

All You Need To Know About COVID Right Now

The government coronavirus task force also reported 38,058 new infections, including 3,927 in Moscow, in the past 24 hours. India could ship vaccines to COVAX in a few weeks India could resume deliveries...

Increased Risk Of Fire On Large Containerships

Onboard firefighting regulations have not kept pace with the rapid increase in the size of containerships. And the steel box used to transport goods is a fire risk, a maritime industry conference in...

US Crude Inventories Fall By 2.5 Million Barrels

Crude oil futures were lower in mid-morning trade in Europe on Nov. 10. As the latest EIA Short Term Energy Outlook projects oil markets to be oversupplied in early 2022. A Platts news source...

What is the Brent Prices for the Remainder of 2021?

Crude oil futures were higher in midmorning trade in Asia Nov. 10, on track for a fourth straight day of gains. As a US Energy Information Administration report forecast supply to exceed demand...

Is This the Cause for Rising Oil Prices?

Oil prices on Tuesday resumed  their upward trajectory due to a report from the U.S. Energy Information Administration. It is causing the White House to think twice about releasing oil from the country's Strategic Petroleum Reserves. ...

Dry Bulk Rates Fall Steeply After Being Bullish

China coal imports slowing. Traders hold back on falling iron ore, coal prices. A Platts news source says that Asia's dry bulk pounded by easing congestion, falling commodity prices. Dry bulk freight rates across vessel...

WHO Warns About Increasing COVID Infodemic

The information landscape about Covid-19 is bewildering, with factual and fictional claims competing for attention. And most American adults have heard at least a couple of the fictions, reports CNN. Kaiser’s COVID report Kaiser, which is...

How Hard Has China’s Inflation Hit The Global Market?

China's inflation headache is getting worse, reports CNN. Soaring prices The cost of goods leaving China's factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the...

Will Google Keep Up The Trend With Index Now?

A Google spokesperson confirmed that they will be testing the IndexNow protocol for crawling and indexing. Microsoft Bing announced in October the development of a new crawling protocol called IndexNow that promises to...