US Bans Russian Energy Imports As War Continues

Four weeks after Russia’s invasion of Ukraine, a few things have become clearer, but much uncertainty remains. Further sanctions have been imposed on Russia, including the US banning Russian energy imports, and more are...

Tencent Shuts Down Its Rival To Amazon’s Twitch

Tencent said it will shut down its video game streaming platform Penguin Esports, citing a change in business strategy. That comes months after Chinese regulators shut down a multi-billion dollar merger between Huya...

Maersk Joins Climate Group SteelZero To Accelerate Net Zero

Danish shipping and logistics major A.P. Moller – Maersk has decided to join Climate Group SteelZero, a global initiative that aims to accelerate the transition to the net zero steel industry, in partnership with...

Engine Starter Failure Aboard Tanker Leads To $7M in Damage

NTSB published its latest report of an incident during which an incorrect solution to address a main engine start issue led to the contact between an oil tanker and a loading dock in the...

BIMCO COVID 19 Weekly Report – 8th April 2022

The BIMCO COVID 19 weekly report for the week ending 8 April covers the International Maritime Organization (IMO), China, Canada, India, Norway, Singapore, Ukraine, Port State Control, and the latest from the International Labour...

Maersk Launches Air Cargo Division

A.P. Moller-Maersk has decided to heap its aviation offerings into a new brand, Maersk Air Cargo, folding the Star Air branding in the process, reads an official press release. At the same time Maersk has...

[Watch] $55M per Seat for A 10-day Trip To the ISS, Spacex

A SpaceX capsule carrying three paying customers and a former NASA astronaut has arrived at the International Space Station, finishing the first leg of this first-of-its-kind mission that will last about 10 days, reports...

US China Travel Advisory: Reconsider Travel

Reconsider travel to the People’s Republic of China (PRC) due to arbitrary enforcement of local laws and COVID-19-related restrictions, reads the official website. Do not travel to the PRC’s Hong Kong Special Administrative Region (SAR),...

Donbas Battle Will Be Like Second World War

Kyiv has called for more heavy weaponry from its western allies and “ruinous” sanctions against Moscow, saying the scale of any impending Russian assault on eastern Ukraine would remind Nato members of the second...

Thome Bags Funding for Digital Maritime Supply Chain Platform

Thome Ship Management has been awarded a grant by the Singapore authorities to develop an Amazon-like marketplace for the maritime supply chain, reports Smart Maritime Network. Smart digital e-marketplace platform The award from the Maritime &...