Touchless Technology, UV Sanitation – How Airports Coping With COVID19
With COVID-19 ravaging the aviation industry, airlines and airports worldwide are reining in costs and halting new spending, except in one area: reassuring pandemic-wary...
OSC Acquires Two Modern Ultramax Ships
Oman Shipping Company (OSC), acquired two modern Ultramax Dry Bulk vessels, reports Oman News Agency.
About the acquisition
Oman Shipping Company (OSC), a member of the...
How COVID-19 Has Shocked Economies Around The World?
The global economy will contract given the sudden stop to large swathes of activity.
There is an income loss in the manufacturing and...
How COVID-19 Catapulted Into An Economic Cataclysm?
COVID-19 has accentuated ecological, epidemiological, and economic vulnerabilities.
These factors have been imposed by capitalism are further aggravated by COVID-19.
Emergence of catastrophe...
Singapore’s GDP Plummets in Q2 Due To COVID-19
Singapore’s trade-reliant economy plunged into recession in Q2.
It is signaling a rough first half globally and an equally challenging outlook.
Gross domestic...
TEN Enters Long-Term Charters for Suezmax DP2 Tankers
TEN Ltd., in a press release, announced the contract for the building of up to three suezmax DP2 shuttle tankers on long-term employment to...
Ships Travel 17.4% Slower Than They Used To be in 2008
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial crisis 12 years...
CSSC Orders Two 50,000 dwt Dual Fuelled Product Tankers
CSSC Shipping orders two product tankers for Louis Dreyfus charter at Chengxi Shipyard, says an article published in Splash 247.
About the order
CSSC Shipping, the...
Supertanker Rates Bounce Back While Stocks Languish
Rates for very large crude carriers have jumped well off recent lows.
VLCC spot rates have not been this high at this time...
Castor Maritime Inc. Ventures Into New Charter Agreement
Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that...
