Increase in OPEC Production, Tanker Operators To Gain
Tanker operators are set to gain from OPEC’s recent decision to increase production, according to shipbroker Gibson.
Gibson believes the main force driving demand will be the path of the pandemic and with...
Evergreen Chief Supports New Box Ship Investments
Evergreen president Eric Hsieh has defended the carrier’s decision to invest heavily in newbuilds.
Particularly a 2019 order for a dozen 24,000 teu containerships when freight rates were depressed.
Mr Hsieh told shareholders...
IMF Warns on Global Economy, Poorer Countries Need Attention
The International Monetary Fund’s assessment of the state of the global economy has changed little over the past three months.
This may be attributed to the ebbs and flows of the Covid-19 pandemic.
A Guardian news...
Rules Eased For Jabbed EU or US Visitors To England
Rules eased for vaccinated EU or US visitors to England
All fully vaccinated people arriving in England from the EU or US will soon be exempt from quarantine
UK announces quarantine exemption for all vaccinated...
Thun Tankers’ Launch The ‘Thun Empower’
Thun Tankers’ LNG-fueled chemical tanker built by Dutch shipbuilder Ferus Smit was launched and named Thun Empower
Thun Empower was launched in an online event held on 27 July
Thun Tanker's names last-in-series LNG-fueled...
Sempra LNG And PGNiG Sign MOU For LNG
Sempra LNG And PGNiG sign MOU for LNG capacity from North American LNG Portfolio
to work toward the development of GHG reporting and mitigation agreements for LNG cargoes
Sempra LNG and PGNiG sign MoU...
Oil Prices Modestly Up on Tight Supplies
Oil prices steady as virus spread counters tight supplies
The API data showed crude stocks fell by 4.7 million barrels and gasoline inventories fell by 6.2 million barrels
Oil prices held steady on Tuesday...
No Quarantine For Fully Vaccinated Travellers From EU and US
UK to let people who have been fully vaccinated in the US and EU avoid quarantine if arriving from amber list countries
currently, only those who have been inoculated by the NHS are eligible for a “Covid pass” to show upon...
Risk Management Requires Effective Communication, Says TT Club
Freight transport and logistics insurance provider, TT Club announces a suite of risk management advisories in a new format and a variety of languages to guide transport companies and their operatives on common safety...
New BIMCO/ICS Report Warns of ‘Serious Potential Seafarer Shortage’
The new Seafarer Workforce Report from BIMCO and the ICS warns that the industry must significantly increase training and recruitment levels to avoid a serious officer shortage.
Given the growing demand for STCW...