Muted Vessel Demand Pulls Baltic Index Down By 4.7%
The Baltic Exchange's dry bulk sea freight index dropped for a sixth straight session to its lowest in seven weeks on Thursday, reports Yahoo Finance.
Baltic index drop
Pressured by weaker demand across all vessel segments,...
Allied Shipbroking – Weekly SnP Statistics Report – Week 42 2021
Allied Shipbroking published their Weekly SnP Statistics Report Week 26, 2021.
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Source: Capital Link Shipping
Shell Supports New Cargo Owners for Zero Emission
A news source published in the Ship and Bunker website states that Shell Backs 2040 Zero-Carbon Bunkers Aim But Recommends LNG for Now.
Global energy producer Shell
Global energy producer Shell has lent its support to the goal expressed by...
Maersk Prepares To Face Supply Chain Challenges
The disruptions in manufacturing and ports in the Far East in early 2020 due to COVID-19 disrupted the normal flow of trade.
At present, APM Terminals Pier 400 Los Angeles offers 20 hours...
MOL and Methanex Sign A Shared Purchase Agreement
Methanex AND MITSUI O.S.K. LINES finalize definitive agreements for a strategic shipping partnership Vancouver, British Columbia, as per a news source published in the MOL website.
A strategic partnership
Following a prior announcement made in mid-July...
Electric Vehicle Demands & Its Impact On the Dry Bulk Trades
Electrical autos require roughly six instances extra minerals than their inside combustion engine cousins.
One thing that can have vital, as but broadly unreported, impacts on the majority seaborne map.
A recent news article...
Developed Nations Promise $100 Billion A Year for Climate Fund
Renewables growth "resilient" despite gas price spike.
2020 renewable expansion hits record high.
A recent Platts news source says that New climate funds could be announced during key discussions at COP26.
UN Conference of the...
S&P And Nasdaq Hits Record High
Stocks closed broadly higher on Wall Street Thursday, marking more record highs for the S&P 500 and the Nasdaq, reports abc news.
Increase in stock prices
A broad rally for stocks on Wall Street sent the...
Brexit Vs COVID-19 Pandemic
The impact of Brexit on the UK economy will be worse in the long run compared to the coronavirus pandemic, reports BBC..
Impact of Brexit and COVID
The EU would reduce the UK's potential GDP by...
Soaring COVID Cases off The Wall
Singapore is looking into an "unusual surge" of 5,324 new infections of Covid-19, the city-state's health ministry said, its highest such figure since the beginning of the pandemic, as beds in intensive care units...