COVID Updates: Woman Dies After Jab, UK Travel Changes & More

A BBC article brings five things to know about the coronavirus pandemic as of Monday morning. New Zealand woman dies after Pfizer jab New Zealand has reported what it believes to be the first death linked...

Swift Demand Recovery From China Likely To Trigger Fresh Rallies

fragile economic releases from China, a surge in new virus cases across the world, and a strong US greenback cast doubt on the bullish outlook of industrial commodities a slowdown in industrial activities...

Weekly Tanker Report – Week 34, 2021

The Baltic Exchange has released a report about the dry bulk market for the 34th week of shipping activities of this year. The report dated 27th August highlights the dry bulk market conditions at...

GMS Week 35 – Taking Stock!

Prices have settled into a new reality this week as end Buyers get back to buying at levels just shy of the historical peaks seen this year, closer to (and in some cases, just...

FSL Seals Chemical Tanker Sale Deal

Singapore’s FSL Trust Management has sealed a deal to sell its 2006-built chemical tanker, says an article published in FSL Trust. Price tag not revealed FSL did not reveal the buyer or the price tag, however,...

Indian Oil Expands JV with LNG Terminals

India’s refiner Indian Oil and Malaysia’s LNG giant Petronas are expanding their joint venture to establish LNG terminals, says an article published in Offshore Energies. Expanding the scope So far, IOC has been importing liquid petroleum...

Jadroplov Signed Up for Three Bulkers Construction

Croatian dry bulk owner Jadroplov has signed a deal with an undisclosed Chinese shipbuilder for the construction of two 63,000 DWT bulkers, says an article published in Offshore Energy. About the agreement Under the agreement, which...

The Global Maritime Fleet Value Reaches $1.2 trn

The total value of the global merchant fleet has hit a new all-time high on the back of this year’s booming container and dry bulk markets, says an article published in Splash. Fleet worth raised According...

POSCO and Partners To Develop LCO2 Carriers By 2025

POSCO said it has teamed up with Korea Shipbuilding & Offshore Engineering Co. and other partners to develop a carrier of liquefied carbon dioxide in the latest move to reduce greenhouse gas emissions, says...

River Level Drop Delays Grains Ships

Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South American region, says an...