MSC on ‘Massive Buying Spree’ Amid Surging Charter Rates

Containership S&P activities dominate the week’s transactions with many ships changing hands, and freight and charter rates surging. Mediterranean Shipping has embarked on a massive buying spree of secondhand containerships with the purchase...

World’s First Cruise With Onboard COVID Testing Lab

According to a Forbes report, Viking Star will offer daily PCR testing to all passengers and crew via the first floating laboratory of its kind at sea, making it in the first cruise ship...

Cough Detecting Tool Identifies Asymptomatic COVID, 97% Accurate

According to a Science Alert article written by David Neil, a group of MIT researchers has found a way out of the biggest problem in the pandemic, that of detecting the virus in asymptomatic...

Cloth Masks Made of Water Resistant Material Effective Against COVID

According to a research paper published by CDC, multiple layers of water resistant materials made cloth masks have been found to be effective in protecting against the coronavirus Cloth masks have been used in healthcare...

Scientists Working on Next-Gen COVID Vaccines for Long Term Immunity

According to a Pharmaceutical Technology report, there are concerns that emergency authorized vaccines may not be particularly effective at preventing Covid-19 infections in the long-term, leading to the need for improved, next-generation vaccines against...

Harvard Study Shows Onboard Flight Ventilation Can Filter Airborne Virus

With the pandemic turning our life upside down, everything is a risk activity nowadays - right from grocery shopping to taking a flight. We generally tend to think that taking a flight may be...

ULCS’s LNG Refit Trailblazer For Many Others

Retrofit of first ultra-large container ship to burn LNG fuel could be first of many. Enginemaker plans delivery of an ammonia-burning engine by 2024. For over half a year, engineers, technicians and welders have...

Exhaust Scrubbers Cheaper And Viable Than LNG Conversion?

A recent report by Fearnley Securities suggests that French shipping line CMA CGM is on the fence in deciding how best to meet the IMO’s 2020 SOx cap, reports Pacific Green. In a large order...

Key Indicators in the Asian Residue Fuel Market

Platts writes about the key market indicators of Asia residue fuel market this week. HSFO and LSFO rally Although high sulfur and low sulfur fuel oil crack spreads rallied in October as inventories at floating storage...

Shipping Companies and Their Interest in Changing Landscape of Taxation

Multinational shipping companies—without whom there would be far less transfer pricing—have their own transfer pricing considerations. Harold McClure looks at shipping multinationals and their interest in the changing landscape of international taxation under...