Worse To Come Amid Spot Rate Carnage
Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the vessels that operate them, to stop the extraordinary...
500,000 Plane-Ticket Giveaway to Lure Tourists!
Hong Kong says it will give away 500,000 airline tickets, worth HK$2bn ($254.8m; £224.3m), as it tries to boost its Covid-hit tourism industry, reports...
Blue Ammonia Premium Hits Record Lows Amid High USGC Spot Prices
European market weakens, USGC prices firm
US industrial and fertilizer demand filled: source
The Platts blue ammonia premium inched slightly up from all-time lows...
Nisshin Shipping Takes Delivery Of World’s Biggest Duel Fuel Chemical Tanker
Nisshin Shipping took delivery of the MT Gold Trader back in April.
The vessels include two 19,900 DWT and four 33,000 DWT tankers.
WinGD...
Performance Shipping Enters Into Agreement For Acquisition Of $35M Vessel
Greece-based Performance Shipping has entered a memorandum of agreement for the acquisition of a Aframax tanker.
The vessel is anticipated to be delivered...
The Ukrainian War Is Poised To Alter The World Order
The clash in Ukraine marks a historical turning point, both in international relations and socio-economic balances.
New alliances and co-operations emerge in the...
IMO Inks Partnership Agreement With Commonwealth Secretariat For Maritime Development
The International Maritime Organization (IMO) has signed a partnership agreement with the Commonwealth Secretariat.
Both the organizations commit to strengthening the maritime and...
Fretting Failure In Gearbox
A bad night
When a live fish carrier's gearbox failed, it was a bad night with strong winds and choppy seas. Without propulsion, the ship...
Ocean Carriers Might Be Forced To Lower Their Annual Forecast
Ocean carriers may be obliged to downgrade their outlook for the year.
The speed of the demand slump has blindsided carriers confident of...
3 Ways Global Youth Is Securing Responsible AI
Millennials and Gen Z constitute most technology users, making them key stakeholders in the digital economy.
These discussions identify capitalism as the original...
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