Omicron Spread Surges, Crude Retreats
Global infections surge amid omicron spread.
Prompt Brent structure weakest since March.
Forward demand outlooks remain intact.
A recent news article published in the Platts states that crude retreats as market eyes omicron surge,...
Trial Run Starts for Giant Kites That Drag Cargo Ships Across Oceans
In January 2022, the Ville de Bordeaux, a 154-meter-long ship that moves aircraft components for Airbus SE, will unfurl a 500 square meter kite on journeys across the Atlantic Ocean.
It will undergo...
Influx of Smaller Ships To Fight Port Congestion in US Twin Ports
Container imports at the largest U.S. gateway for seaborne goods trade fell sharply in November.
It is despite as backups of ships waiting to unload cargo at the Southern California ports have been...
2022 Is Not A Smooth Sail for Shippers, Carriers To Roll Out GRIs
The capacity remains extremely tight ahead of Chinese New Year.
Shippers are bracing for a further wave of rate increases on container trades out of Asia.The spot rate indices this week were virtually...
Can This Pill Completely Inhibit The Replication of SARS-CoV-2?
An antimalarial is the latest drug that researchers have identified as a potential COVID-19 treatment.
In a laboratory study, scientists found that atovaquone inhibited replication of SARS-CoV-2 in human lung cells.
The effects...
Will The Inflation Reduce If The Pandemic Eases?
Despite hopes in Washington that inflation would subside, the latest inflation numbers show a persistent increase that seems to go beyond the supply woes of the pandemic,reports The Week.
Hike in consumer price index
The Consumer...
All You Need To Know About COVID & Omicron Variant
The latest on the coronavirus pandemic and the Omicron variant, reports CNN.
Soaring cases in New York
New York state reported its highest single-day Covid-19 case count on Friday with 21,027 positive cases, according to available...
Langh Tech Proposes To Capture CO2 Using Existing Scrubbers
In view of the upcoming CO2 emission regulations, Langh Tech has started researching the possibility of carbon capture on board vessels, reports the official website.
The first tests have been successfully performed on board one...
Is This Approved Malaria Medicine Effective Against COVID-19?
An antimalarial is the latest drug that researchers have identified as a potential COVID-19 treatment.
In a laboratory study, scientists found that atovaquone inhibited replication of SARS-CoV-2 in human lung cells.
The effects...
bp & Maersk Tankers Complete Successful Marine Biofuel Trials
BP and Maersk Tankers, with support from the Danish Maritime Authority, have completed trials using biofuel-blended marine fuel in product tankers.
The trials were completed on Maersk Cirrus and Maersk Navigator – product...