Seafarers Brutally Attacked and Robbed, Worsening Modern Day Piracy

While reported incidents of piracy and armed robbery are down to their lowest level in decades, violence against crew remains high in many areas of the world. A Gard correspondent was recently called...

ONE Expects A Net Profit of $12bn for the Year

Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial year ending 31 March 2022. ONE posted a profit of $4.2bn for its...

Ports Could Implement Charges Without Notice

Ports could implement the charge without that notice, but carriers would have to give 30-day notice to shippers. Ports of Los Angeles and Long Beach announce a surprise emergency fee for containers lingering...

Why CMA CGM Buys As Many Ships As Possible?

Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree. Oslo-headquartered MPC Container Ships announced last week it had agreed the sale of...

Man Gored by A Bull, Bleeds To Death

A 55-year-old Spanish man bled to death after being gored in the leg by a bull during a festival in which the animals are released into the streets, reports CBS News. Suspended bull-running The town hall...

This Country Commemorates “Day of the Dead” Amidst COVID

Mexico returned Sunday to mass commemorations of the Day of the Dead, after traditional visits to graveyards were prohibited last year because of the coronavirus pandemic, reports AP News. Remembering the dead The holiday begins Oct....

How Does Animal Coronavirus Evolve?

Evolutionary Distance of SARS-CoV-2 and Bat Coronaviruses Studied Under the NIH-supported Research Grant to EcoHealth Alliance, reports NIH.  The spike protein Coronaviruses use a protein called spike to bind to a protein on the surface of...

Global COVID 19 Death Toll Hits Devastating Milestone

The global death toll from COVID-19 topped 5 million on Monday, less than two years into a crisis that has not only devastated poor countries but also humbled wealthy ones with first-rate health care...

[Infographic] US Sep. Retail Sales Hit 7-month Low at USD 535.9bn

US retail sales fell to USD 535.9 billion in September, their lowest level since March 2021, and marking the fifth month-on-month decline in retail sales, reports BIMCO. The 7-month low is partly due to pandemic-induced...

Oil Rises on Demand Inspite of China Releasing Fuel Reserves

Kuwait, Iraq say OPEC+ should stick to increased targets China releases gasoline, diesel reserves to bolster local supply Biden pushes G20 energy producing countries to boost production Oil prices rose on Monday as expectations...