Container Market Weakens With Increased Sailing Space
Rates slightly above FAK as ex-China demand remains hampered
Southeast Asia-US rates rangebound at elevated levels
A recent news article published in the Platts states that market continues to dwindle amid increased sailing space.
Container...
CMA CGM Unable To Predict Geopolitical and Macro-economic Context
CMA CGM on Friday said intense shipping demand that swelled its earnings last year was continuing in early 2022 but the war in Ukraine was making the market outlook uncertain.
Like other shipping...
Maersk Unable To Make Payment After Sanctions On Russia
Shipping and logistics group Maersk will sharply curtail its transport of goods to Belarus to comply with sanctions over Russia's invasion of Ukraine, it said on Friday.
Only bookings for foodstuff, medicines and...
Paid To Dream: The Real Dream Job For Sleep Lovers
Mattress City has won the hearts of clinomaniacs and sleep lovers, making their dreams come true by turning them into professional sleepers. Now, these recruits are living the life that all of us envy,...
Crude Oil Extends Gains As Russian Oil Expects A Ban
A recent news article published in the Platts states that crude extends gains as US, EU mull Russian oil ban.
European allies consider a potential ban
Crude oil futures extended gains in mid-afternoon Asian trade March...
Can SpaceX Keep ISS Flying After Russian Threat?
On the International Space Station (ISS), Russians work alongside astronauts from other countries that are currently imposing economic and trade sanctions in an attempt to force their country to stop their invasion of their...
Checkout The Best Equipped Countries For Autonomous Vehicles
To determine which countries truly are the best equipped to support an influx of autonomous vehicles, Confused.com looked at the global market and evaluated it, scoring each country using a number of pertinent factors....
Will Negotiations Stop The Ukraine Invasion?
Kurt Volker, former U.S. envoy to Ukraine, said on Sunday that the Russian invasion will not end through negotiations, adding that Russian President Vladimir Putin is "bent" on destroying the country, reports The Hill.
Negotiating...
NATO Gives The “Green Light” To Send Fighter Jets
Secretary of State Antony Blinken said Sunday that NATO members have the go-ahead to send fighter jets to Ukraine as the U.S. and allies continue their efforts to help Ukraine defend itself against Russia's...
BIMCO COVID 19 Weekly Report – 4 March 2022
This BIMCO COVID 19 weekly report for the week ending 4 March covers the International Maritime Organization (IMO), Singapore, Ukraine, Paris MoU, the International Labour Organization (ILO) and the latest from the World Health...