Dry bulk market faces uncertainty as China weighs zero-Covid policy
Market experts have differing views on whether nation will loosen it or keep it in place
Dry bulk market faces uncertainty as China weighs zero-Covid policy Read More »
November 2022
Chevron Can Resume Key Role in Venezuela’s Oil Output, Exports
Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States.The decision grants broader rights for the last bi…
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CMA CGM Sees Profits Ebbing as Shipping Boom Fades
CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending, and this will reduce its profitability following an earnings surge in the past year.French-based CMA CG…
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Green hydrogen produced by wind and tidal energy sets new aviation milestone
Green hydrogen produced at the European Marine Energy Centre’s (EMEC’s) hydrogen production and tidal test facility has been used to fuel the ground test of a Rolls-Royce jet engine.
The post Green hydrogen produced by wind and tidal energy sets new av…
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Ship Recycling: Duties Reduced, Prices Down
After the announcement by the Indian government that they would reduce export duties on iron ore and steel products, the Alang market surged by Rs. 4,000 (about USD 49) in a single day, only to come crashing down in subsequent days to the tune…
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