Israeli Shipping Company Charters Three LNG Box-Ships
As disclosed, the $400 million agreement was signed with a shipping firm that is affiliated with ZIM’s largest shareholder Kenon Holdings, which holds approximately 26% of ZIM’s issued share capital.
Under the contract,...
Global Oil Demand To Surpass Pre-Pandemic Levels In 2022
IEA raises 2021, 2022 demand forecasts by 200,000 b/d
Global oil demand to average 99.7 million b/d in 2022
Cautions over potential for volatile oil market this year
Global oil demand is set to...
Want To Get Rid Of Your Old Tech? Here’s How And Where
What will you do with your old iPhone or Fitbit if you get a brand-new one for the holidays? Many people, understandably, use apps and the internet to sell used or unwanted technology as...
Mild Covid Can Cause Memory & Cognitive Issues, Reveals Study
Cognitive issues impacting concentration levels, along with forgetfulness and fatigue, are features of long COVID.
In the study, participants who had tested positive for COVID-19 previously but did not report other traditional long...
Wages for Chinese Seafarers Continued To Soar for These Reasons
Given China’s strict Covid-19 border controls demand for Chinese seafarers to crew newbuildings leaving the nations yards has risen sharply over the last two years.
The world’s largest shipbuilding nation continues to operate...
Insurance Company Warns Of Old Containers Pressed Back Into Service
A Splash 247 news source by Sam Chambers says that safety warning as old containers are pressed back into service.
Warning from insurance company
TT Club, an insurance company, has warned on the risks of more...
Spot WAF Gasoline Demand Leads To LR Tankers Capitalization
West Africa replenishing depleted gasoline storage
Trans-Atlantic rates could be pressured lower
A Platts news source says that LR tankers capitalize on spot WAF gasoline demand leaving smaller ships reeling.
Weakening Long Range tankers west...
LNG Vessel’s U-Turn To U.K Highlights European Energy Crisis
Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean, crossed the Panama Canal twice and spent nearly $1 million in tolls...
Record Amount of Illegal Drugs and Weapons Seized By U.S. Naval Forces
U.S. and international forces operating under U.S. Naval Forces Central Command, U.S. 5th Fleet, and Combined Maritime Forces (CMF) seized record amounts of illicit cargo including illegal drugs and illicit weapons during maritime...
Shipping Giant Dismisses ‘Baseless’ US Lawsuit!
Mediterranean Shipping Co (MSC), the world’s largest containerline, has hit out at the “baseless complaint” made by an American decor manufacturer in a long running spat, reports Splash247.
MSC's $600,000 lawsuit
Splash reported last August Pennsylvania-based...