[Podcast] Russia-Ukraine Conflict Pushes European Commodities To New Highs

Oil markets – and others – are seeing record prices and intense volatility as Russia's invasion of its neighbor continues. S&P Global Commodity Insights reporters Rosemary Griffin, Elza Turner, and Rowan Staden-Coats discuss with...

[Watch] Cargo Ship Sinks

Egyptian authorities, working in coordination with the Alexandria Port Authority, rescued a crew of a Lebanese cargo ship that sank outside the anchorage area of Alexandria Port, reports Egyptindependent. The Alexandria Port Authority received a...

Strong Capesize Rates Buoy Baltic Index

The Baltic Exchange's dry bulk sea freight index .BADI rose on Friday, logging its best week since the week ended on Feb. 11, on higher rates across capesize segment, reports XM. Baltic Index rise The overall...

Boxship Collided With Ferry, Containers Lost?

Container ship collided with ferry at around 0200 UTC Mar 12 in Alboran sea some 53 nm SE of Malaga, Spain, reports Maritime Bulletin. Damages reported Containership was en route from Panama to Italy via Tanger...

Discarded Lithium Batteries Catches Fire

The U.S. Coast Guard is warning about the hazards of transporting discarded lithium batteries after a container illegally loaded them caught fire while en route to the Port of Virginia, where it was set...

Top Ship Giants Under Scanner For Increased Shipping Rates

A.P. Møller Maersk, CMA CGM Group, and Hapag-Lloyd have been asked to provide documents and information to explain the reasoning behind increased shipping rates over the past two years, according to the House Committee on Oversight and...

Speculation On The Choice Of Next HMM CEO

The creditors of HMM, South Korea’s flagship carrier, have got tongues wagging in Seoul with the choice of the line’s next CEO. Bae Jae-hoon has decided not to renew his contract with HMM...

World’s Neon Production Halted Casting Doubt On The Future

Global neon consumption for chip production reached about 540 metric tons last year, Techcet estimates. Both firms have shuttered their operations as Russian troops have escalated their attacks on cities throughout Ukraine, killing...

China Daily Covid Cases Cross 1,000; Highest Surge In 2 Years

The country reported 1,100 domestic infections on Friday, data from the National Health Commission showed. Local authorities also locked down Changchun city in the northeastern part of the country. Despite the swelling outbreak,...

How Long Covid Affects You in The Long Run?

A new Danish study has identified specific symptoms that COVID-19 survivors feel months after infection, reports Deseret News. About the study  A study from Denmark’s State Serum Institute (SSI) looked into how often people suffer from...