2021 Marks Record LNG Imports For This Country
In December, Excelerate began natural gas deliveries at the Bahia Regasification Terminal in Salvador, Bahia.
Excelerate’s 173,400-m3 FSRU Excelerate Sequoiaprovides regasification capacity of up to 700 million cubic feet per day (mcfd).
A recent news article...
Boom In Container Ship Sector and Dire Status of Tanker Sector
Last week saw a remarkable sale take place, US$96M was reportedly paid for a 2009-built Panamax.
It highlights the boom in the container ship sector and the dire position of the tanker sector.
...
Rise In Long-term Liner Contract Rates Is Diminishing
There are signs that the exponential rise in long-term liner contract rates is losing steam after 14 consecutive months.
Ocean and air freight rate benchmarking platform Xeneta’s XSI long-term contract rate index fell...
Is Amazon Ready To Raise The Price Of Prime Delivery?
When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-delivery and media subscription, says...
A New Crew Is Heading To Mars!
Crew begins a 45-day isolation mission to simulate a Mars trip at NASA’s Johnson Space Center, reports Fox.
Mars Simulation
HERA’s new 4-person crew just entered their new home for the next 45 days to simulate...
Ocean Carriers’ Q1 Profit Expectations Look Set Amid Bull Rates
The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be even better than expected, reports the Loadstar.
And notwithstanding continued disruptions in the supply chain,...
Can Moderna’s mRNA Technology Save HIV Patients?
The first participants have been vaccinated in a Phase 1 clinical trial of an experimental HIV vaccine that utilizes Moderna's mRNA technology, the company announced last week, reports CNN.
About the trial
The trial, titled IAVI...
Oil Posts Biggest Monthly Gain Amid Supply Shortage & Political Tensions
Benchmarks soar about 17% in Jan in biggest jump since Feb 2021
OPEC+ expected to stick to output hike target
OPEC struggles to pump at target
Energy security in focus amid Ukraine standoff
Oil...
Experts Warn Of The Increasing Overmedicalization Of Death
The COVID-19 pandemic has seen the ultimate medicalised death, with patients dying in intensive care with little communication with their families
Technological and medical advances have fuelled the idea that science can defeat...
Crew Change Indicator Rises Amid Omicron & Vaccine Challenges
The latest Crew Change Indicator shows that the number of seafarers onboard vessels beyond the expiry of their contract has increased from 3.7% to 4.2% in the last month, while the number of seafarers...