Real Estate Sector Backed By Beijing, Spike In Cape
The decision by the People’s Bank of China to cut the reserve requirement ratio by 0.5 percentage points this week.
It has driven up sentiment in the Chinese steel and iron ore markets.
A...
‘Abandoned’ Exporters Scramble for Deals Prompting More ‘ad hoc’ Charters
Asian exporters “abandoned” by Maersk are scrambling for deals with rival carriers, inspiring a fresh wave of ad hoc charters to North European ports for next month, reports the Loadstar.
Strategic transformation
The “strategic transformation” of...
How Effective is COVID Booster Against Omicron?
Preliminary lab studies show two doses of the Pfizer/BioNTech vaccine may not provide sufficient protection against the Omicron coronavirus variant, but three doses are able to neutralize it, reports CNN.
The neutralizing ability of double...
How Well are Shipping Industries Thriving Amid Broken Supply Chain
A broken supply chain is not a problem for the logistics industry but it’s a moneymaking opportunity, reports LA Times.
Trapped vessels
Thirty-thousand high-end snow globes are trapped in San Pedro Bay, split between two shipping...
How & Where To Invest Your Million Dollars
In uncertain economic times, even the most bullish of executives are willing to bet only that the worst might be over but not when the recovery might gain more traction, reports Reuters.
Social Media
“If you...
3 Mega Alliance Skip 383 Port Calls in North Europe
The 18 Asia – North Europe loops operated by the three mega alliances have skipped a total of 383 port calls in North Europe over the past five months.
This is due to...
Birth Rate Hits Record Low, Warns Elon Musk
Business mogul Elon Musk is more concerned with under-population than over-population. The Tesla CEO said Monday that there are "not enough people" in the world and it could threaten human civilization, reports USA Today.
Low...
100th LNG Bunkering Milestone for Énergir
A Manifold Times news source states that Énergir reaches 100th LNG bunkering milestone at Port of Quebec.
100th LNG Bunkering hub
Natural gas company Énergir on Friday (3 December) said it has completed its 100th liquefied...
Declining Freight Rates Puts Pressure On Shippers
Bulkshipper Wisdom Marine Lines Co said yesterday that pre-tax profits fell 4% month-on-month to NT $ 991 million (US $ 35.75 million).
It may be due to the fact that freight rates for...
DNV Warns Of New Technological Risks In Shipping Sector
Shipping has seen a significant improvement in safety over the past decade as higher standards of ship construction and operation have cut the number of casualties.
But emerging risks from new fuels and...