Shanghai Energy Exchange To Launch Freight Index Futures

China's Shanghai International Energy Exchange (INE) is looking to launch its freight index futures contract this year, Yang Yiping, the exchange's associate director in the international cooperation and business development department, reports Reuters. First financially...

Crude Output Tumbles Due To Oil Spill

Oil production down 6.7% to 1.53 million b/d in August Forcados exports under force majeure since Aug. 13 Operational, technical setbacks keep output below OPEC+ quota Nigerian oil output has fallen sharply in the...

Covid Updates: UK is set to make a judgment on Booster doses

The Joint Committee on Vaccines and Immunization (JCVI) has recommended using the third immunization for millions of people with weakened immune systems. Before their children are given a booster shot, parents of 12-...

The Evolution Of Covid-19 Conversation In The Media

Vaccinated America is learning how to live with mostly mild flare-ups of the Covid-19 virus. Unvaccinated people who don't watch or believe the news is putting the vaccinated majority at risk. It's all occurring...

Lessons For The Covid Economic Recovery

Some industries and states recovered more quickly than others following the Great Recession. Companies battled to stay viable in the aftermath of the financial crisis and its knock-on effect on the rest of...

Wilhelmsen Ship Management Shifts Dry Bulk JV from Cyprus to Athens

Wilhelmsen Ship Management announces the relocation of its joint venture, Diana Wilhelmsen Management Limited from Cyprus to Athens, says a press release published on their website. Strengthening relationship with owners The relocation is part of WSM's...

GTT Receives a HSHI Order for Two New LNGC Tanks

GTT announces that it has received, an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of two new LNGCs on behalf of a European ship-owner, says a...

Mooring Line Broken, Crew Member Killed

Filipino crew of a product tanker died after he was hit by broken mooring line at Livorno, Italy, reports Maritime Bulletin. What happened? A 54-year old Filipino crew of a product tanker died on the spot...

Charter Contract For m/v Crystalia With Uniper Announced

A global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf,...

SFL Acquires Modern Suezmax Tankers With Long Term Charters

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire three Suezmax tankers in combination with long term time charters to a world-leading commodity trading and logistics...