The Reason Behind Global Financial Crisis
Apart from banks, the war is going to lead to substantial losses for many businesses with interests in Russia.
Many of these debts will potentially end up being written off, causing serious losses.
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Want To Improve Lung Health? Include These Food In Your Diet
While air purifiers and N95s are one approach to protect ourselves, you'd agree that a healthier diet is the best solution. The things we eat shape who we are and decide how long we...
Bunker Costs Of World’s Largest Bunkering Hubs Exceed $900
Bunker fuel prices have been on the rise since bottoming in the summer of 2020, but have accelerated rapidly to new record highs as global oil prices are now over $110 per barrel.
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Omicron Outbreak Among Chinese Students
As of March 5, mainland China had confirmed 110,868 COVID-19 cases and 4,636 fatalities.
The Qingdao health authority also reported 27 new cases for Sunday as of 0600 GMT, all among people already...
Difficulties In Repatriating Ukrainian Crew
As the conflict in Ukraine continues, many Members and clients are having difficulties repatriating Ukrainian crew.
Some crew members may want to extend their contracts given the turbulence and uncertainty of the situation.
As...
War And Sanctions To Have Major Effect On Global Economy
Food and energy prices have surged in recent days and supply chains have frayed, adding to the inflationary pressures that policymakers were already struggling to tackle.
"This crisis will create complex policy tradeoffs,...
Ship Recycling Sector Sees Early Signs Of Disruptions
Strong demand in the ship demolition sector has been tempered by the war in Ukraine ‘which is creating some major uncertainty’.
The potential oil price impact of any disruption could also be very...
How Will The West Man Their Ships?
With the Jones Act under fresh critisism and large seafarer nations like Indian refusing to condem Russia‘s invasion of Ukrain.
When you consider this in the context of the source of the worlds...
Maritime Dimension Of Russia’s Invasion Of Ukraine
The closure of the Turkish straits to all warships has drawn attention to the maritime dimension of Russia’s invasion of Ukraine.
Russia is not, and has never been, a maritime power, but it...
Biggest Weekly Gain Posted By Asia Fuel Oil VLSFO
A recent news article published in the Reuters states that Asia Fuel Oil VLSFO crack posts biggest weekly gain in over 1-1/2 years.
Asia's front-month crack
Asia's front-month crack for 0.5% very low-sulphur fuel oil (VLSFO)...