Ocean Infinity Sealed Its Fifth Acquisition

Ocean Infinity has sealed its fifth acquisition this year, buying Norwegian technology developer for autonomous port operations Red Rock. Red Rock is spearheading the development of digital and autonomous solutions to revolutionise lifting...

Norden Capitalizes On Skyrocketing Asset Values

  Danish shipping company Norden is capitalizing on rising asset values in the dry cargo market through vessel sales, with several units sold in the past few months. Norden expects to see continued positive...

“Circuit Breaker” To bring Soaring COVID Cases Under Control

Sage warned ministers in September 2020 that the country faced a “very large epidemic with catastrophic consequences” A first official report on the early handling of the pandemic, published on Tuesday by cross-party...

Will Binance Halt the Chinese Yuan Trading Amidst Crypto Crackdown?

China's most powerful regulators last month intensified a crackdown on cryptocurrencies Binance will stop the use of the Chinese yuan Binance to halt Chinese yuan trading amid Beijing's crypto crackdown, reports The Reuters. Binance stops...

China’s Covid 19 Wuhan Blood Samples Probe Intensifies

China is preparing to test tens of thousands of blood bank samples from the city of Wuhan as part of a probe into the origins of Covid-19, according to a Chinese official. The...

Filming Locations of the Titanic

‘Titanic’ was filmed in the Atlantic Ocean, Mexico, the USA, and Canada. Principal photography reportedly commenced on July 31, 1996, and was wrapped up by March 23, 1997, says The Cinemaholic. About the movie With prolific...

Oil Product Stocks Fall After Middle Distillates Plunge 33%

Oil product stocks fall after middle distillates plunge 33% record gasoil shipment heads for Jordan: Kpler bunkering catches up after cyclone disruptions light distillates stock little changed over the past year Oil product stockpiles...

Arrangements Begun To Remove Final Section Of Golden Ray Wreck

preparations began to remove the final section of MV Golden Ray Wreck preps to remove Section Four of the wreck began on Thursday once lifted, the salvage master and the response engineering team...

Global Tanker Rates To Rise

global tankers Q4 freight, earnings to rise as demand strengthens increased OPEC+ output key to higher freight slow ship demolition to cap gains sustained recovery still elusive Global tanker rates are likely to recover...

MOL, IMC & Signal Join Singapore Shipping Start-up Fund

Three large shipping groups will help expand the consortium-driven fund’s reach to Japan and Greece and introduce fresh strategic capital to start-ups. The corporate consortium approach backed by established industry leaders has resonated...