Yang Ming Finally Nods for 15,000 TEU Quintet

  Yang Ming is to finally make a long-awaited order for Neo-Panamax new buildings, more than a year after its peers began fleet expansion amid rocketing freight rates. On 14 January, the Taiwanese liner operator’s directors...

Omicron Reveals The Loopholes in Public Health Care

In Britain, omicron is causing cracks in the health system even though the variant appears to cause milder illness than its predecessors.  the Spanish government vowed not to let such a collapse happen...

BEMA Achieve Non-Governmental Organisation Consultative Status

BEMA has announced it received news from IMO that it has been granted Non-Governmental Organisation Consultative Status. BEMA applied for NGO Consultative Status in March 2020. With this recognition by IMO, BEMA is...

Maersk Tankers Establish Decarbonisation Hub

Maersk Tankers is establishing a knowledge hub focusing on decarbonisation. The hub will be headed by Frederik Pind, Head of Decarbonisation at Maersk Tankers, and will be staffed by a specialist, cross-disciplinary team. ...

How China’s NFT Industry Operates in The Legal Gray Zone?

NFTs have no legal issues in China China blocks all public blockchains like Ethereum BSN network will use adapted blockchains from Ethereum and nine other platforms  Alibaba launched a collection of 16,000 NFT...

Google Stole Sonos’ Patented Innovations

Big Tech thus takes what it wants by benefiting from stealing IP Sonos also sued Google at the International Trade Commission. Legal scholars and policy wonks call it “efficient infringement.” They created the “patent...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange. Ningbo Shipping Exchange Route 2022-1-14 2021-1-7 Weekly change (%) Ningbo - Europe 5903.18 5883.59 0.33 Ningbo - West Mediterranean 5830.32 5751.32 1.37 Ningbo - East Mediterranean 4557.74 4555.69 0.04 Ningbo - Middle East 3647.43 3637.51 0.27   The weeklyNingbo...

Asia Light Ends: Key Market Indicators For Jan 17-21

Asia's light ends were supported in early trade Jan. 17 by firmer crude oil futures, though gasoline demand was not yet in full swing even as fresh supply was seen from India and Malaysia,...

Switch To Green Fuels is Expensive But Focus on Bigger Picture, Says Maersk CEO

International shipping was responsible for approximately 2% of “global energy-related CO2 emissions in 2020,” according to the International Energy Agency. With concerns about sustainability mounting, the sector will need to find new ways...

Top CEOs Are Worried About Losing Their Jobs in 2022

The C-suite is a bundle of nerves this winter. A new survey shows that 72 per cent of chief executive officers are worried about losing their jobs in 2022 because of business disruptions, tracking...