OCI – Investments Firms Ink Strategic Partnership

Chemical producer OCI has launched a strategic alliance with investment firms ADQ and Alpha Dhabi Holding with the aim of developing the global market for methanol as a fuel. The platform will focus...

MSC’s Rapid Expansion In The Secondhand Market

Mediterranean Shipping Company (MSC) has shown no sign of slowing down its rapid fleet growth, linked this week to the acquisition of another four ships. Alphaliner estimates the price to be in the...

See Who Is Diagnosed With COVID After Anti-Vaccine Conference

Seven anti-vaccine doctors fell sick after gathering earlier this month for a Florida “summit” at which alternative treatments for Covid-19 were discussed. “I have been on ivermectin for 16 months, my wife and...

UK Stiffens Its COVID Constraints

A number of European countries have strengthened Covid restrictions in response to rising numbers of cases. In the last week of October, daily Covid cases rose above 50,000. Sajid Javid has said the...

Leading Energy Company Makes Organisational Changes for Climate Goals

Japan’s oil and gas producer Inpex has reported a series of organisational, executive officer, and personnel changes, with the aim to advance towards its carbon-neutral goals, reports Offshore Energy. About Inpex and the changes Inpex is Japan’s...

Pangaea Linked To Borealis Bulker Acquisition

According to brokers, US-based dry bulk owner Pangaea Logistics Solutions has added to its fleet of bulkers, reports Splash 247. Vessel details Pangaea is said to have handed over $19.9m to Borealis Finance for 2009-built panamax...

Diana Shipping Inc. Announces Time Charter With C Transport

Diana Shipping Inc. (NYSE: DSX), (the “Company”), through a separate wholly-owned subsidiary, has entered into a time charter contract with C Transport Maritime Ltd., Bermuda, for one of its Capesize dry bulk vessels, the...

The Threat Behind Europe’s Economic Recovery

The Purchasing Managers' Index from IHS Markit, a key gauge of the economy, rose in November after slipping to a six-month low in October, according to data released Tuesday. But expectations for the...

Baltic Index Reels Under Weak Capesize Rates, Down 61 Points

The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday, reports Yahoo Finance. The gain snap The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains...

All About Coronavirus Right Now

Reuters, in its latest news article published detains on what we need to know about the coronavirus right now around the world. Europe Europe rethinks booster shot policy as cases hit records Coronavirus infections broke records...