From Evergiven Hiccup To the Heaps of Magnificent California Harbors

This year was the year of the shipping queue for container ships waiting in line for weeks on the Suez Canal or off the coast of Los Angeles/Long Beach, Savannah and Shanghai. COVID has played...

Hedge Funds Ride Wave In Volatile Year For Shipping Costs

A small group of hedge funds are enjoying some of the best deals in a few years, thanks to the big fluctuations in shipping charter prices. Dry bulk shipping prices have skyrocketed to...

Three Ships With Fake Identities Detained

Indian officials are reporting that they are detaining three vessels that arrived at the scrapyards in Alang. Government officials said on December 20 that they are planning to confiscate the vessels that are...

COSCO Launches World’s First “Zero-Carbon” Smart Terminal

World’s first smart green energy system for zero-carbon terminal was successfully connected to the grid. COSCO SHIPPING Tianjin, as the integrated solution provider, project investor and operator of the zero-carbon smart terminal, was...

Crude oil Futures Hold Gains

Crude oil futures were slightly higher in mid-morning trade in Asia Dec. 28, extending strong overnight gains. Key US equity indices were seen closing at fresh record highs overnight. Oil demand in Asia...

Three Ships Detained At Scrapyards Under False Pretenses

Indian officials are reporting that they are detaining three vessels that arrived at the scrapyards in Alang. Government officials said on December 20 that they are planning to confiscate the vessels that are...

This is The First Antibody Cocktail To Get Green Light from The Swiss Regulators

The Swiss medicines agency, Swissmedic, has given the green light to the monoclonal antibody cocktail Ronapreve developed by Roche and Regeneron for use in the treatment and prevention of Covid-19, reports Swissinfo.ch. About Ronapreve  Ronapreve, a...

Sweden’s First Large Scale Project Scheduled For 2030

Sweden's first large-scale hydrogen-powered Ro-Pax vessel is being developed by Rederi AB Gotland as reported by Ship & Bunker. Gotland Horizon project The so-called Gotland Horizon project envisages the emissions-free vessel being ordered as early as...

Do You Want To Run Windows 11? Now You Can!

Microsoft has announced that cloud-based PCs running Windows 11 are now available to all users of Windows 365, its new virtualization service. Windows 11 is now supported across all virtual desktop configurations with...

Milder And Highly Transmissible Variant Concerns Scientists

Omicron is “not the same disease we were seeing a year ago” and high Covid death rates in the UK are “now history”, a leading immunologist has said. Fewer patients were needing high-flow...