NFT’s To The Rescue in Ukraine

    Ukraine's government has said it will issue non-fungible tokens (NFTs) to fund its military as they defend the country against the Russian invasion, reports BBC. War bonds The announcement by deputy prime minister Mykhailo Fedorov comes...

Biofuel Trade Groups Push For Increased Biofuel Blending

Biofuel trade groups are pushing for increased biofuel blending amid the Russian invasion of Ukraine. It points to increased use of ethanol as one avenue through which the White House can lower high...

Can you believe! Beer Shrinks Your Brain

Just one pint of beer or average glass of wine a day may begin to shrink the overall volume of the brain, a new study has found, and the damage worsens as the number...

Ukrainian Conflict Intensifies, Bunker Prices Surge

As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices. Marine gasoil breaching $1,000 per tonne in the major bunker hubs this week and owners with scrubber-equipped vessels seeing...

Russia Is Closing Its Digital Doors

Russia's blocking of Facebook is a symptom of its broader effort to cut itself off from sources of information that could imperil its internationally condemned invasion of Ukraine, reports Yahoo. Blocking social media  The often-criticized social...

Container Shipping Rates From North Asia To North America Fall Sharply

Rates slightly above FAK as ex-China demand remains hampered Southeast Asia-US rates rangebound at elevated levels A recent news article published in the Platts states that market continues to dwindle amid increased sailing space. Container...

The Beginning For A New Normal!

While the pandemic is not over, experts say the US may be in for, at the very least, a "near normal" spring and summer, based on new US Centers for Disease Control and Prevention...

Fitness-tracking Smartwatches Recalled Following Skin Burns

A news article published in the BBC states that Fitbit has recalled one of its fitness-tracking smartwatches due to the risk of it overheating and burning people. Voluntary recall by Google The company, now owned by...

ICS Suffers Labour Shortage Amid Russia-Ukraine Crisis

Putin’s war against Ukraine will exacerbate the logistics sector’s labour shortage, as sanctions impede recruitment for seafarers and drivers, reports the Loadstar. Labour shortage International Chamber of Shipping (ICS) data notes that Russians account for 10.5%...

Fuel Prices Mount Up To $922.50 Per Ton

Russian invasion propels price of ship fuel to historic high, reports FreightWaves. Ship fuel costs have “gone parabolic" The price of ship fuel was flirting with a new record even before Russia invaded Ukraine. Then war...