Oil Prices Down, Stocks Pick Up After Suez Block Clearance
Oil prices dropped on news that a cargo ship blocking the Suez Canal had been refloated.
Inflation caused by an expected strong global rebound will force central banks to wind back their ultra-loose...
Global Trade Disruption in Suez, May Take Months To Stabilize
The six-day blockage of the Suez Canal by a massive cargo ship has triggered a series of disruptions to global trade.
It could take weeks, possibly months, to unravel, said Maersk, the world's...
Suez Cleared & Insurance Losses Downplayed
Analysts at Morgan Stanley believe that the insurance impact from the obstruction to the Suez Canal will be 'minimal'.
This may be attributed that to the efforts to free the grounded container ship...
Suez Canal Blockage, Countless Businesses Hit
A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline.
The Ever Given had been refloated at 15:05 (13:05 GMT) on Monday,...
Giant Ship Stuck in the Suez Canal Is Finally Free, 357 Vessels Pass Across
The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight, reports the Loadstar.
Ship refloated!
While the vessel’s bow remained stuck on one side of the waterway yesterday...
Wuhan’s Wildlife Trade Most Likely Pathway For COVID Transmission, Reports WHO
According to an article published in CNN, the wildlife trade in China is the most likely pathway through which Covid-19 was able to spread from the original animal source, possibly bats, to humans, according to...
Maritime Recruitment & Careers Post Covid
Covid-19 has brought to light huge inefficiencies in the way that the maritime industry handles and safeguards seafarers, and with gruelling reports of stranded workers still coming to light, an article published in Ship...
Asian LR2 Tanker Premium Roll Back Amid Suez Canal Crisis
LR rates hit new 2021 highs
East bound naphtha cargoes stuck
West bound gasoil, jet fuel delayedLong Range 2, or LR2, clean tankers rates across Asia have flipped to a premium in Worldscale...
LNG Spot Shipping Market To Stay Strong Amid the Suez Canal Incident
The overnight running aground of the containership, Ever Given, on both sides of the Suez Canal is unlikely to have a major impact on the LNG spot shipping market, reports ICIS.
LNG spot shipping market
"Not...
Biden Administration Working on “Vaccine Passport”
The Biden administration is working on creating a set of standards for people to prove they've been vaccinated against Covid-19, according to an administration official, says an article published in CNN.
Officials' Statements
The official said they're currently working...