Order intake up 92% Comparable operating profit up 53%, sales up 31% Operating margin, dividend below expectations Shares down 8% A Reuters news source says that Finland's Wartsila misses on margins but sees profitability...

Permian 2022 growth may be better than prior target 50% more Permian wells seen drilled year over year Q4 output from the basin was 681,000 boe/d Chevron's Permian Basin production showed "strong" production growth...

All-inclusive rates touch $12,000/FEU to USWC Southeast Asian market finds rate balance Europe imports soften, rates ease Sources say that all-inclusive rates for trans-Pacific sailings in the March loading period have edged dropped significantly...

The UK P&I Club reports of an article by Haitong & Partners law firm dated 27.01.2022 in which Haitong provide their comments on the maritime section of the Supreme Court’s Memorandum of National Courts’...

Prices for Russia's Urals crude exports have hit near 12-month highs vs regional benchmarks in response to fears of escalation on the border with Ukraine, reports Platts. Energy risks Europe is heavily reliant on direct imports...

Two cookbooks due to be released soon have sunk in the Atlantic during shipping. NYT columnist Melissa Clark and Mason Hereford's books will now be released later this year. The release of two highly-anticipated...

Poor communication led to a tow striking a railway swing bridge near Slidell, Louisiana, the National Transportation Safety Board said in Marine Investigation Report 22/01 released Thursday. Incident On Jan. 12, 2021​, an empty hopper barge...

Rescuers were trying to free a beaked whale which has surfaced in Greek waters, trapped near a beach on the Athens Riviera. Did you subscribe to our daily newsletter? It’s Free! Click here to Subscribe! Source: Reuters

China's factory activity growth is anticipated to have slowed in January as a return of local COVID-19 cases. China's central bank has already started cutting interest rates and pumping more cash into the...

The Israeli government has agreed on a deal with US-based biotech company Novavax to buy five million COVID-19 vaccine doses, the Health Ministry announced on Friday. The Novavax vaccines, expected to arrive in...