Top European Shippers Warn Freight Costs To Stay High
Two top European shippers warned on Wednesday freight costs were likely to remain high well into this year,
Maersk said high shipping costs had prompted more customers to prefer longer-term contracts instead of...
“Striking” Link Between Vitamin D Levels and Omicron
Vitamin D is largely synthesized naturally in human skin and requires direct exposure to sunlight.
vitamin-deficient people developed severe, life-threatening illness .
A minimum level of 50 mg/mL is now advised.
As per an...
Carnival Celebration To Sail From Texas In 2023
Carnival Celebration is the second of three Excel-class ships. It joins Mardi Gras, sailing from Port Canaveral, Florida and Carnival Jubilee.
Scheduled to enter service in Q3 2022.
the Carnival terminal will be...
Role Of Antarctica’s Ice Rivers In Sea-Level Rise
Underneath Antarctica’s vast ice sheets there’s a network of rivers and lakes.
Water lubricates the base of the ice sheets, allowing the ice to slide towards the ocean at speeds of many hundreds...
Shearwater Sign A Licensing Contract With Brazil’s Petrobras
Norwegian seismic exploration company Shearwater GeoServices has signed a licensing contract with Brazil’s Petrobras.
Under the deal, Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools.
The...
TECO2030 Receives BWTS Order From Wilhelmsen Ship Management
TECO2030 ASA has received an order for 1 TECO2030 Ballast Water Treatment System (BWTS) from Wilhelmsen Ship Management.
Ballasts are reservoirs used to stabilize ships according to their load.
System complies with the...
HMM Records 40-Fold Jump in Profit
The container shipping company’s profit surged more than 40-fold to KRW 5,326 billion ($4.4 billion) in 2021 from KRW 124 billion in 2020, says an article published in Offshore Energy.
Revenue and profit
What is more,...
Vega Reederei Makes Profit In Resale Deal
Vega Reederei has almost doubled its money on the resale of four containerships to French liner CMA CGM, currently under construction at China’s Yangfan Group, says an article published in Splash247.
Profits
According to London-based Braemar...
Bunker Prices May Reflect An Upward Trend
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO, and MGO in the main world hubs) demonstrated slight irregular changes on Feb.11, says an article published on their site.
380...
Bond Market Signals Concern Fed’s Bid To Cool Inflation Will Backfire
Bond markets are signalling increasing concern that the US central bank will derail the recovery from the pandemic by overreacting to severe inflation that is sweeping across the world’s biggest economy, reports Financial Times.
Client...