Virus Blows Oil Tanker Markets Off Course, and a BBC Appearance
| Virus Blows Oil Tanker Markets Off Course |
| I’ve been reviewing the oil tanker market. There were some signs of a recovery in freight markets in October but the bloom faded in November, for which blame the Omicron variant. But how long will the markets be blown off course? Some key factors in the coming months suggest we should not hold our breath for a rapid recovery. It doesn’t look very encouraging for the tanker markets,... |
Travel stocks help Santa rally but Bitcoin on a luge ride lower
‘’The travel industry may have been buffeted by yet another chill wind of more testing requirements, but airlines and hotel groups are riding higher amid hopes the new Omicron variant may not provoke more serious illness.
Overall optimism has pushed the FTSE 100 into the green, with expectations that even if the new strain is more infectious, if it’s weaker the world will evade more widespread economic damage this...
The International Chamber of Shipping (ICS) and other major transport organizations say that world leaders’ knee-jerk reactions to the Omicron COVID variant are putting transport workers and the global supply chain at greater risk of collapse.
They say that, to keep already ailing supply chains moving, transport workers including seafarers, air crew and drivers must be able to continue to do their jobs, and cross borders without overly restrictive travel rules.
The ICS, IATA (International Air...
Variant fears ‘over-stated,’ 30 new cases…
Good Morning Monaco – Thursday, December 2, 2021
Coronavirus: Omicron fears over-stated, say experts
Fears that the Omicron variant would sweep the world with an orgy of coronavirus deaths are being debunked by experts who say that the new strain is no more dangerous…
‘Monaco should be the Singapore of Europe’
The Monaco Economic Board hosted a conference/workshop on digital transition in the...
https://allaboutshipping.co.uk/2021/12/02/variant-fears-over-stated-30-new-cases/