Crude Oil Futures Collapse Amid Shanghai Lockdown

Crude oil futures tumbled in mid-morning Asian trade March 28 after the Shanghai government locked down half the city for mass testing as COVID-19 cases there hit a record high. Brent futures dip At 11 am...

Europe Struggles With 2 Gas-Connected Crises, Experts Say

A drive to end European use of Russian fossil fuels is deepening concerns among green groups that the effort could slow rather than accelerate the region’s pursuit of clean energy. And a deal struck...

Cargo Transport Comes To Halt Amid the Impending Lockdown

Manufacturing and cargo transport in Shanghai is expected to grind to a halt this week, as China doubles-down on its zero-Covid policy and plunges the city into lockdown, reports the Loadstar. 2-stage lockdown Local authorities announced...

Global Bunker Demand Up 3.5% In 2021

5.7% average gain from Q4 2020 2.2% rise from Q3 2021 Full-year 2021 3.5% higher than 2020 Demand at key marine fuel hubs jumped by 5.7% in the fourth quarter of 2021 from a...

EU Withdraws From ‘Impractical’ Russia Oil Embargo

As the dangers of the policy have risen, EU leaders have taken a step back from imposing an immediate embargo on Russian crude and petroleum products imports, reports List23. Immediate embargo on Russian fossil fuels Imposing...

Marine Transportation System Under Threat

The Coast Guard Cyber Command, Maritime Cyber Readiness Branch informs the stakeholders of an increase in fake business websites targeting the Marine Transportation System (MTS), reports Safety4Sea. Fake websites As it is informed, many Marine Transportation...

An Imminent Multi-Device Update For WhatsApp Web And Desktop

While we’re waiting for a new version for multi-device, that allows linking a secondary mobile device to your WhatsApp account, planned at a later date, WhatsApp is now announcing an imminent multi-device update for...

Most Innovative Companies Of 2022

Innovating on behalf of customers never goes out of fashion. The annual showcase of the best in business features inspiring stories across a wide range of industries, from advertising to wellness, and every corner...

Evergreen Inked A Contract Of 24,000 TEU Ultra-Large Containership

Evergreen Group has signed a contract with Hudong-Zhonghua for the construction of a 24,000 TEU-class ultra-large containership. Containership adopts green environmental protection, high efficiency, energy-saving, and safety concepts. For the third time, Taiwanese shipping...

Covid-19 Infection May Lead To Diabetes Even After A Year Of Recovery

Two years into the pandemic, scientists and physicians are shifting their attention to the long-term consequences of a Covid-19 infection, termed "long Covid." Recent studies add diabetes to the list of possible long Covid...