Carnival Sells Bonds To Stay Buoyant

The once mighty international tourism industry is among the worst hit of the Covid-19 pandemic. The world’s largest cruise group is selling bonds...

Fire Rips 7 Ships in Top Port Fueling Sabotage Suspect

At least seven boats have caught fire at a shipyard in the port of Bushehr in southern Iran, state media report. The head...

€8 Billion Pay Raise for Healthcare Workers

France will spend $9 billion to provide healthcare workers with pay raises. Healthcare workers would be given a monthly pay increase of $209. ...

Scientists Spot Unexplained ‘Circular Astronomical Objects’ in Space

Astronomers may have discovered a new type of cosmic object. The strange objects are only visible in radio wavelengths. The international team posted...

Itolizumab Antibody “Significantly Reduced Mortality” in COVID19 Clinical Trials

Equillium shares topline results of patients treated with itolizumab in clinical trial conducted in India by partner Biocon. Biocon has received emergency use...

[Watch] Helicopter Water Drops Help Fight Cargo Ship Fire

The USS Bonhomme Richard continued to burn in San Diego on Wednesday, as Navy helicopters fought the fire with helicopter water drops, reports Fire...

US Will Meet COVID19 Vaccine Goal of 300 Million Doses

According to a Reuters report, Dr. Anthony Fauci has said that the US is on the right track and will realize its vaccine goal. The...

Asian Markets Gain Over COVID19 Vaccine Hope

Asian shares are showing a mixed picture on Tuesday after a volatile day in U.S. equity markets amid persistent concerns over the record number...

[FAQ] 2020 Time Charterparties Bunker Handling Guidelines

From 2020 we have entered into a new decade of shipping which is regulated by new IMO 2020 Sulphur emission regulations. Although, the pandemic...

US Sought Oil Tanker Hijacked

According to an article published in AP News,  an oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on...

Moderna Vaccine Effective in Producing COVID19 Antibodies Above Normal Infection Level

Moderna mRNA vaccine shows promising results to be scaled up for phase 2 trials the trials in 45 people tested so far produced...

No Emission Automated Tug Boats Coming Soon in Future

Tug owners are cutting emissions and increasing automation. Subject to technology choices, ‘greener’ tugs are a global phenomenon today, while the autonomous tugs...

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...

Wärtsilä Corp Tests Autonomous Navigation Technology

Automated voyages, pilotage, and docking are being developed. They have the potential to improve navigation safety and reduce fuel consumption. Wärtsilä Corp collaborated with HVCC...

Simulation and AI To Propel Smart Ship Systems

Smart ship systems combining simulation capability and artificial intelligence is emerging. Smarter vessels can enhance safety, cost-efficiency, and environmental performance. Deployed in real-time...

Study Suggests COVID19 Immunity in Negative People

People testing negative for coronavirus antibodies may still have some immunity, a study has suggested. For every person testing positive for antibodies, two...

Asian Waters Accounted for a Third of Vessels Lost At Sea

Asian waters accounted for a third of large vessels lost at sea globally. Large shipping losses are at a record low having fallen...

[Watch] Helping Job-seekers In Covid-19 Impacted Economy

Watch Microsoft CEO Satya Nadella, Microsoft president Brad Smith, LinkedIn CEO Ryan Roslansky, and Microsoft CVP for Cloud and AI, Charlotte Yarkoni, discuss Microsoft’s...

Petrobras Refinery Reaches Record VLSFO Monthly Production

Petrobras refinery for the second month, breaks production record of VLSFO bunker fuel, says an article published in Manifold Times. VLSFO production record According to Rio...

Oil tanker Quarantined After COVID-19 Outbreak

The Belgian port of Antwerp has quarantined a Maltese-flagged oil tanker until at least July 4 after more than half of its crew tested...