Weekly Bulk Report – Week 7, 2023
The Baltic Exchange has released a report about the dry bulk market for the 7th week of shipping activities this year. The report dated...
How the World’s Most Expensive Substance is Made!
It's the most expensive substance on Earth, costing quadrillions of dollars for a single gram. It's also likely the most explosive substance on the...
US And China Engage In Vociferous Accusations Over Suspected Spy Balloon Takedown
The top diplomats from the United States and China met on Saturday in the first high-level contact between their countries since the U.S. shot...
OpenAI Stole More Than 12 Of Google’s AI Employees
OpenAI has reportedly been luring away some of Google's AI employees.
OpenAI has hired more than 12 of Google's AI employees, The Information...
Was Russian Crude Oil Price Greater Than Quoted Price Assessment ?
Moscow’s trade partners have increasingly paid more for Russian crude than quoted prices suggest, Goldman Sachs said in a note, cushioning Russia from the...
Empty Containers Pile Up At Global Ports
Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand, says an article published on Hellenic...
Container Imports Tumble At US Ports
January import volumes at the ten largest US container ports fell 17.9% against the record throughput of January last year, with the biggest declines...
Algoma And CSL Group Order New Generation Of Self-Unloading Ships
Algoma Central Corporation ("Algoma") (TSX: ALC) and The CSL Group ("CSL"), who together form the CSL International Pool ("the Pool"),announced a newbuild order with...
Höegh LNG To Acquire 2013-Built 160,000 cu m Golar Seal
Norway’s Höegh LNG has entered into an agreement with Eastern Pacific Shipping-led LNG shipowner CoolCo to acquire the 2013-built 160,000 cu m Golar Seal for...
An Overview On Subsea Drilling: Why and How
What is Subsea drilling?
Subsea drilling is a process that is done on the high seas and oceans for the purpose of oil excavation. Offshore...