Russia Ukraine War

Beware! Here Comes the New World Order, Survey Says

Credits: Saul Loeb/AFP via Getty Images

Russia’s war in Ukraine is dividing opinion between people in Western nations and those in countries like China, India and Turkey, a new poll suggests — hinting at a future multipolar world order where Europe and the U.S. are less influential, reports Politico.

The war has laid bare the “sharp geographical divides in global attitudes” on “conceptions of democracy, and the composition of the future international order,” according to a new survey out...

https://mfame.guru/beware-here-comes-the-new-world-order-survey-says/

Russia’s Wagner Fighters Suffer 30,000 Casualties in Ukraine

Credits: Tina Hartung Ukraine

Over 30,000 mercenaries fighting for the Russian paramilitary Wagner Group have been killed or injured since the Ukraine war began, reports BBC quoting the US officials.

White House spokesman John Kirby said the group had suffered significant losses in recent weeks, with about 9,000 fighters killed in action.

Wagner fighters suffer casualties

Wagner has recruited heavily in Russian prisons, and Mr Kirby said most casualties were untrained convicts. Despite the...

https://mfame.guru/russias-wagner-fighters-suffer-30000-casualties-in-ukraine/

Bangladeshi owner to get US$22 million insurance payout for missile-damaged cargo ship

A Bangladeshi shipowner is set to receive an insurance payout totalling US$22.48 million for one of its vessels after it was damaged and later abandoned as a result of th ..

The post Bangladeshi owner to get US$22 million insurance payout for missile-damaged cargo ship appeared first on Baird...

https://www.bairdmaritime.com/ship-world/dry-cargo-world/bangladeshi-owner-to-get-us22-million-insurance-payout-for-missile-damaged-cargo-ship/

A Global Guide To Aging

philippe-leone-unsplash

A recent news article published in the NY deals with Five Rules for an Aging World.

The old age of the world

There are two kinds of people in the world: Those who believe the defining challenge of the 21st century will be climate change, and those who know that it will be the birth dearth, the population bust, the old age of the world.

That kind of column opener is a hostage to fortune. If I’m wrong, it might be quoted grimly or mockingly in future histories written with New...

https://mfame.guru/a-global-guide-to-aging/

Turkish-owned cargo ships damaged in missile attack on Ukraine’s Kherson Port

Turkish media reports that a Turkish-owned cargo vessel suffered damage as a result of a missile attack on the Port of Kherson in Ukraine on Tuesday, January 24. Fires ig ..

The post Turkish-owned cargo ships damaged in missile attack on Ukraine’s Kherson Port appeared first on Baird Maritime.

https://www.bairdmaritime.com/ship-world/dry-cargo-world/turkish-owned-cargo-ships-damaged-in-missile-attack-on-ukraines-kherson-port/

A Two-tiered Freight Market May Stabilize Global Tanker Rates Until 2023

Credit: rinson-chory-2vPGGOU-unsplash
  • Russia sanctions to support freight
  • Slow oil demand growth may cap gains

A recent news article published in the Platts states that two tier freight market may keep global tanker rates firm into 2023.

Global tankers freight

Global tankers freight across clean and dirty products segments will likely be firm in 2023 but unlike the spectacular gains made in 2022, rates would face challenges due to possible crude production cuts and costlier oil prices, analysts...

https://mfame.guru/a-two-tiered-freight-market-may-stabilize-global-tanker-rates-until-2023/

COLUMN | Floating LNG projects in Israel, Malaysia and Congo get green light; Shell faces more Prelude woes; Australia seeks tighter offshore regulation to protect rock art and “sea country”; Canada’s First Nations take LNG equity [Offshore Accounts]

Last week, we looked at Europe’s rush to build floating storage and regasification units (FSRUs) to import liquified natural gas (LNG) into Europe (here). Of course, Eu ..

The post COLUMN | Floating LNG projects in Israel, Malaysia and Congo get green light; Shell faces more Prelude woes; Australia...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-floating-lng-projects-in-israel-malaysia-and-congo-get-green-light-shell-faces-more-prelude-woes-australia-seeks-tighter-offshore-regulation-to-protect-rock-art-and-sea-country/

COLUMN | European liquefied natural gas demand surges as floating regasification gold rush begins: Hoegh, Exmar and New Fortress to the front of the queue [Offshore Accounts]

The Russian invasion of Ukraine in February last year sparked a rush for gas in Europe, as the Nordstream pipelines were blown up in the Baltic Sea and President Vladimir ..

The post COLUMN | European liquefied natural gas demand surges as floating regasification gold rush begins: Hoegh, Exmar and...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-european-liquefied-natural-gas-demand-surges-as-floating-regasification-gold-rush-begins-hoegh-exmar-and-new-fortress-to-the-front-of-the-queue-offshore-accounts/

Japan Asks Its Insurers To Retain Marine War Cover In Russian Waters

Credit: shaah-shahidh-unsplash
  • The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint letter to the country’s general insurance association.
  • The decisions came as reinsurance companies warned they would no longer take on vessels’ risks related to war.
  • Industry sources have said that insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea.

The Japanese government has asked insurers to take on additional...

https://mfame.guru/japan-asks-its-insurers-to-retain-marine-war-cover-in-russian-waters/

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