Poor Demand Makes Europe’s Natural Gas Market Negative
The next negative prices in energy contracts is to take place in European natural gas prices.
This is due to poor demand and...
[Watch] U.S. Navy Aircraft Carrier Breaks COVID-19 Hiatus!
U.S. Navy aircraft carrier USS Theodore Roosevelt (CVN 71) is underway for the first time since being sidelined by an onboard coronavirus outbreak.
...
Western Bulk Joins The Oceanbolt Data Platform
Oceanbolt has signed up with a promising Norwegian (Oslo) based tech start-up.
Oceanbolt is an online market intelligence platform for the dry bulk...
Flotilla of Oil Tankers Flock To The Seas To Act As Temporary Storage
Tankers everywhere are acting as temporary storage capacity.
A small flotilla of tankers full of crude is idling near the busy shipping lanes.
...
Global Logistics Firm Predicts Massive Job Cuts Amid COVID-19 Pandemic!
Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, as the coronavirus-caused economic crisis hits shipping.
Job cuts may be in locations such as...
Nordic American Tankers Emerges As Winner Amid COVID-19 Oil Glut
As a result of the pandemic, oil demand cratered to levels we have not seen in decades.
Nordic American Tankers were given a...
Kidnapped Containership Captain Freed!
The Bulgarian captain of a Portuguese-flagged cargo ship who was kidnapped along with seven other sailors by pirates off the coast of Benin last...
Tanker Detained for Illegal Fuel Trading!
According to an article published in Fleetmon, a tanker was detained for carrying illegal fuel trading.
What happened?
Vietnamese Coast Guard stated on May 25, that...
Novel Coating for Cargo Carrier Makes a Splash in Tough Bulk Sector
Nippon Paint Marine’s new Neoguard Toughness has gained considerable market acceptance.
The thickness of the highly solid epoxy coating is particularly suited to...
Earth’s Magnetic Field Weakening, Satellites and Spacecrafts Malfunction
Earth's magnetic field is weakening between Africa and South America.
Scientists studying the phenomenon observed that an area known as the South Atlantic...
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