Yearly Archives: 2021
Oil Outlook Hit Amid COVID-related Fuel Demand
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened...
POSCO To Expand Steel Supply for LNG Fueled Vessels
Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to...
Temporary Crew Change Ban To Contain ‘New Strain’
Philippines has suspended crew change for vessels coming from 20 countries until 15 January 2021 in bid to stop the new strain of Covid-19...
Comparison of Bunker Prices HSFO vs VLFSO
A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase...
Top Port Extends the 3 Year Tariff Arrangement by 1 Year
The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties.
It is represented...
Another Country Approves the Oxford COVID Vaccine in Public Interest
India has formally approved the emergency use of two coronavirus vaccines as it prepares for one of the world's biggest inoculation drives, reports BBC.
What...
Moderna Phase 3 Vaccine Fulfils Interim Targets of 95% Efficacy
In a major development, Moderna has posted an updated protocol for its Phase 3 study of the Moderna COVID-19 Vaccine on December 23.
The protocol...
AI An Elegant Solution To Post-Pandemic Growth
The coronavirus pandemic has exposed and accelerated underlying trends in remote working, global travel, technological advancement and AI. The most innovative companies are capitalising...
Nasdaq-listed Shipping Company Secures $15m for Bulker Pair
Nasdaq-listed Greek owner Castor Maritime has announced that it has entered into a binding commitment letter with a European financial institution to obtain financing...
Who Dominated Cape Purchases in 2020?
2020 was a busy year in the cape segment where close to 50 deals have been materialised. Greek owners dominate, bidding highest on just...