$6.4bn Deal Propels MSC’s Significant Presence in Africa
Bolloré Group said it had offered Geneva-headquartered MSC exclusivity until 31 March 2022 to allow for further due diligence and contract negotiations.
The French company said the offer with an enterprise value of...
Cargo Ship Sinks, 17 Dead and 68 Missing
A cargo ship illegally carrying 130 passengers sank off Madagascar’s northeastern coast.
The incident leads to the killing of at least 17 people and leaving 68 missing.
A recent news article published in the...
Singapore Bunker Fuel Market Expected To Hit $24.5b By 2030
The Singapore bunker fuels market was estimated at $17.6 billion in 2020 and is expected to hit $24.5 billion by 2030, registering a CAGR of 3.5% from 2021 to 2030, reads a GlobeNewsWire press...
Oil Prices Crash Amid Omicron Panic
Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market, reports Oil Price.
Oil prices plunge
At 11:32 a.m. EDT, WTI crude was...
Top 5 Oil & Gas Picks for 2022
2021 has been a strong year for many energy companies
Crude prices are falling this holiday season, but there’s enough reason to be optimistic
U.S. oil and gas companies continue to see strong...
How the West Invited China To Eat Its Lunch
China’s lack of economic freedom is one reason why the nation is the world’s largest polluter and emits more carbon dioxide than the rest of the developed world combined.
To counteract China’s environmental...
Asian Markets Witness Sharp Rise in Coal Inflow Amid China Vacuum
For Australian coal, which has faced restrictions in the Chinese market since late 2020, new windows of opportunities have opened up. Many other Asian markets – such as India, Japan, South Korea and Taiwan...
Castor Maritime Acquires Vessel Worth $23.55m
Castor Maritime Inc., through a separate wholly-owned subsidiary, entered into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party, for a purchase price of $23.55 million, says a press...
Maersk – Unilever Inks Strategic Logistics Partnership Deal
Maersk - Unilever sign an international freight supply chain management partnership effective from 2022.
A four-year agreement to develop and manage Unilever’s International Control Tower Solution.
Maersk signed an international freight supply chain management...
Biden Govt Urges Global Ocean Carriers To Accept More Export Freight
The Biden administration on Friday again urged global ocean carriers to accept more export freight and restore service at underutilized West Coast ports to ease supply chain constraints and give U.S. agriculture companies a...