Merchant Ship Reports Suspicious Approach By Unknown Craft
Incident occurred 70 nautical miles off Port Sultan Qaboos
UKMTO urges vessels to exercise caution in the area
Uptick seen in 2022 in maritime incidents in region
A recent news article published in the...
Major Liner Operators Increase Slots Ahead of Chinese New Year
The Taiwanese government is following its South Korean counterpart by calling on domestic ocean liners to ensure sufficient container shipping slots for local exporters, reports the Loadstar.
Liners making increased capacity
The island’s three largest liner...
As Ningbo Recovers, COVID Disrupts Other Major Port Operations
The port of Ningbo has largely recovered from its latest Covid disruption, but the risk of shipping delays from China has already spread to Tianjin and Shenzhen, reports the Loadstar.
Recovery of container gate operations
In...
US Port Improvement Projects Bring in Millions of Federal Dollars
The port of Long Beach is the winner in the first round of funding from Washington for port and marine infrastructure development since President Biden signed the $1.2 trn infrastructure bill in November, reports...
Equinor Warns of $1.8b Impairment Charge for UK Mariner Oilfield
Norwegian oil and gas company Equinor has reduced its total recoverable reserves estimate for the Mariner field in the UK North Sea, which will result in a $1.8 billion impairment in Equinor’s result for...
Maritime Industry To Discuss Decarbonization in Hamburg
On June 21-22, 2022, the 3rd Decarbonizing Shipping Forum will gather major shipowners, service providers, research, and government bodies for two days of knowledge sharing and networking in Hamburg, reports the Maritime Executive.
The forum...
[Watch] Rare Deep-sea Giant Phantom Jellyfish
This ghostly giant is a rare sight. But in November 2021, MBARI researchers spotted this giant phantom jelly (Stygiomedusa gigantea) with the ROV Doc Ricketts 990 meters (3,200 feet) deep in Monterey Bay.
The bell...
Allied’s Weekly Market Report – Week 01, 2022
The dry bulk sector, undoubtedly, began the new year with a strong start. We are at 12-year high levels in average returns for all dry segments
For full report click here
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Gibson Tanker Report – Sticking To The Plan
The first key item on the agenda for oil markets was the January 4th OPEC+ meeting in which the alliance decided to maintain its planned.
For the weekly tanker report please click here
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Oil Market To Remain Tight Until The World Starts To Live With Covid
ICE March Brent futures contract was up 31 cents/b (0.38%) from the previous close
Libyan oil output meanwhile is poised to recover to about 1.2 million b/d
oil prices will likely trade range...