Oil Market Continues To be Highly Reactive to Developments

Despite two key benchmarks on Friday incurring losses, oil ended 2021 with a bang, posting  its biggest annual gain since 2009 and optimism for the New Year reflected in the market structure, reports Ship...

This Unstable Glacier Can Increase The Sea Level by 25 Inches!

The massive Thwaites glacier in West Antarctica contains enough ice to raise global sea levels by more than 25 inches if it were to completely collapse. And, worryingly, recent research suggests that its long-term...

Self-Driving Robot Uses Lasers To Kill 100,000 Weeds An Hour

Herbicide is expensive, so there’s an economic incentive to find new ways of week control in addition to health and safety reasons. The weeding machine is a beast at almost 10,000 pounds. It...

Elon Musk Speculates Bitcoin’s Enigmatic Creator

Elon Musk appears to concur with many others that the ultra-secretive cryptocurrency specialist Nick Szabo is Satoshi Nakamoto, the enigmatic creator of bitcoin as reported by Yahoo. Evolution of ideas When asked about Nakamoto's identity, Musk...

What Ended The Past Pandemics? Can This One End Too?

The Omicron variant is spreading rapidly. The world’s reaction has been an unpleasant mixture of dread, fatigue, and déjà vu. There have been various other instances when the world has faced the pandemic situation...

Asia Light Ends: Key Market Indicators For Jan 3-7

Asia's light ends were mixed at the start of 2022, as lower crude futures soured sentiment, though gasoline could see some support from Indonesia as driving activity picks up in the new year, while...

Asia Residual Fuels: Key Market Indicators For Jan. 3-7

Trading activity in the Asian fuel oil market in the week of Jan. 3-7 is expected to gain pace as participants return from the year-end holidays, says an article published in Platts. ICE Brent The Asian...

Shortening The Lanyard On MOB Beacon

IMCA Safety Flashes summarise key safety matters and incidents, allowing lessons to be more easily learnt for the benefit of all. Incident The practice of shortening the lanyards on MOB beacons was discovered by someone visiting...

The Dynamics Of LNG Trade Flow Change

Inter-basin spreads returned to positive territory, signalling better economics for delivering LNG to Asia, as European prices came off faster amid mild weather forecast through January. Receive daily email alerts, subscriber notes &...

Scrubber Tonnage Now Accounts for 30% of Boxship Capacity

According to the latest Alphaliner data, scrubber-equipped tonnage currently accounts for over a third of global box ship capacity as reported by Ship & Bunker. EGCS This year, 150 containerships were fitted with exhaust gas cleaning...