Yearly Archives: 2020
UN Shipping Body Approves Arctic Heavy Fuel Ban
Ships will be banned from burning or using HFO in Arctic waters under a newly agreed regulation, but with loopholes giving most polluters...
Thun Tankers – Geos Group Inks Long-term Agreement
Thun tankers have taken delivery of their first Naabsa MAXX On 6th of November , says a report published on their website.
About the...
86% of Japan’s Exports Tariff To China To Be Removed
According to a Nikkei Asia report, Tariffs will likely be eliminated on 86% of industrial goods exported from Japan to China as a part...
First COVID Vaccine Likely To Be Approved By Mid December
In a major development, Pfizer Inc (PFE.N) said that they will apply to U.S. health regulators on Friday for emergency use authorization (EUA) of...
Remdesivir Suffers Huge Blow After WHO Recommends Against Its Usage
The World Health Organization recommended against using Gilead Sciences Inc.’s remdesivir to treat hospitalized Covid-19 patients less than a month after U.S. regulators granted...
AI Software for Improved Safety And Automation in Shipping
British firm Robosys Automation Limited launched an AI software. It can allow bridge watchkeepers to control ships and improve safety, says an article published...
KR Completes Its First Drone & Crawler Hull Survey
The Korean Register (KR) has successfully completed its first hull survey using both a drone and crawler (a type of drone capable of climbing...
Oil Prices Soar Amid OPEC Delays & COVID19 Vaccine Hopes
Pfizer and Moderna say their COVID-19 vaccine is 95% effective.
Saudi Arabia urges OPEC+ to be flexible on output.
U.S. crude stocks rise...
Bulker Market Sees Lowest Sales Level Since 2015
Secondhand sales in the dry bulk market head for the lowest level since 2015 as the coronavirus pandemic makes them difficult to execute. While...
Seafarers Stuck On Ships For About A Year Due To The Pandemic
Thousands of seafarers around the world have been stuck on ships for about a year or longer due to the coronavirus pandemic. The prolonged...