OMG! Variant Omicron Is Threatening
The World Health Organization (WHO) has declared a new coronavirus variant to be "of concern" and named it Omicron, reports BBC.
Reinfection risks and mutations
It had a large number of mutations, and early evidence suggested...
Soaring COVID Cases, Reimposed Lockdowns and Stringent Restrictions
Portugal, one of the world’s most vaccinated nations, has reimposed some restrictions to stop a surge in COVID-19 cases, ordering all passengers flying into the country, even those fully inoculated, to show a negative...
Chinese Software Giant Halts Release Of New Apps
The technology giant has been told to halt the rollout of new apps in China.
However, current versions of the apps are still available to be downloaded and used as normal.
The suspension...
Top 10 Ship Owning Nations
A recent blog posted in the Vessels Value states brings out the top 10 ship owning nations.
Top 10 Ship Owning Nations
Please note, November 2021 total fleet values in the Top 10 Ship Owning Nations...
Travellers Stranded After New Covid Version Sparks Alarm
The European Union and other major destinations, including the United States and Canada, have moved to block flights from African countries following the discovery of the Omicron variant, echoing previous emergency responses that...
Global Oil Stocks Crumble As New Covid Variant Emerge
Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant rattled global markets.
Asian markets led the way, with Hong Kong's Hang Seng Index (HSI)...
This Type of COVID Variant To Derail Global Economic Recovery
Wall Street stock indexes dropped at the open after the U.S. Thanksgiving break, Treasury yields slid and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven...
Inflation Drives Food Costs for Shipping Amid COVID Repercussions
The repercussions of covid have impacted international trade which has resulted in disruption to the supply chain, reports MCTC.
Inflation drives up food costs
Ongoing issues have led to food prices being pushed to their highest...
Baltic Exchange Dry Index Rise By 3.3%
Trading Economics reports of the Baltic Exchange Dry Index.
Baltic Exchange Dry Index
The Baltic Exchange Dry Index rose 3.3% to 2,767 on Friday, its highest since November 12th, extending gains for a second straight session,...
Shipping Industry Is Going To Rely More On Chinese Financing
The shipping industry is going to rely more on Chinese financing as those vessels that fall short of environmental standards become less attractive for traditional lenders.
Shipowners say China is important for finance...