Evergreen Inked A Contract Of 24,000 TEU Ultra-Large Containership

Evergreen Group has signed a contract with Hudong-Zhonghua for the construction of a 24,000 TEU-class ultra-large containership. Containership adopts green environmental protection, high efficiency, energy-saving, and safety concepts. For the third time, Taiwanese shipping...

Covid-19 Infection May Lead To Diabetes Even After A Year Of Recovery

Two years into the pandemic, scientists and physicians are shifting their attention to the long-term consequences of a Covid-19 infection, termed "long Covid." Recent studies add diabetes to the list of possible long Covid...

Ship Engine Makers Cut Ties With Russia

Finland's Wartsila, a leading ship engine maker, has suspended business with Russia. Russia's maritime sector is already grappling with the winding down of other services including ship certification by leading foreign providers. Shipping...

Nuclear Fears In US Amid Russia-Ukraine War: AP-NORC Poll

Russia’s war on Ukraine has most Americans at least somewhat worried that the U.S. will be drawn directly into the conflict and could be targeted with nuclear weapons, with a new poll reflecting a...

Chrome Emergency Update ! Protect Against Attack

Google released an update for Google Chrome Stable Stable on March 25, 2022, reports Ghacks. The emergency update patches a 0-day security issue in the web browser that is exploited in the wild according...

Booster Rollout Faces Delays & Lack of Funds

As vaccine makers seek authorization for the fourth dose of their Covid vaccines in America. With a potential second booster on the horizon for vulnerable groups, the Biden administration is still struggling to...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange. Ningbo Shipping Exchange Route 2022-3-25 2022-3-18 Weekly change (%) Ningbo - Europe 4753.61 4803.39 -1.04 Ningbo - West Mediterranean 5107.43 5145.11 -0.73 Ningbo - East Mediterranean 4082.34 4190.80 -2.59 Ningbo - Middle East 2454.76 2556.35 -3.97 The weeklyNingbo...

Weekly Tanker Report – Week 12,2022

The Baltic Briefing has issued the tanker report for the 12th week of this year. The report dated 25th March 2022 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities. Clean In...

Russian War In Ukraine Could Spark A Global Recession

Federal Bank of Dallas economists warns that a global economic downturn may be unavoidable if a large of Russian energy exports remain off the market throughout the year. Billionaire investor Carl Icahn also...

OPEC Warns EU Of Market Destabilization If EU Follow Through Banning Russian Oil

Not enough spare capacity to replace Russia, OPEC says OPEC Secretary-General met online with EU energy chief March 16 Ireland, Lithuania have called for an EU embargo on Russian oil OPEC has told the...