Gates Emphasizes on The Scientific Advances To Stop Covid – 19!

There was an exponential spread of coronavirus in a number of countries, starting with China and then throughout Asia, Europe, and the United States. By changing behavior, many countries have gotten the infection...

What Will Drive the Extent of Oil and Gas Exploration Post COVID-19?

  Oil demand crash amid COVID-19 and the subsequent lasting change in people's lifestyle may have already brought about peak oil demand. The pandemic adds not only a layer of uncertainty in the oil...

Global Risk Management Firm Offers Customized Maritime Cyber Coverage

Willis Towers Watson has launched a new type of cyber insurance cover designed specifically for shipowners called CyNav. CyNav, addresses cyber threats in the broadest sense, including losses that occur from cyber-related business...

Electric Cargo Ship Successfully Completes Trails in Yangtze River

China has tested its homegrown electric cargo ship. It has a load capacity of 1,000 metric tons. It was tested at the Yangtze River section in Changzhou, east China. The vessel is powered by...

Texas Light Sweet Crumbles in Symmetrical Triangle!

WTI June Futures refreshes intraday low to near 100-HMA. A short-term symmetrical triangle limits immediate moves. 200-HMA, early-month tops offer strong downside support. While stepping back from the two-day-old falling trend line, WTI June...

Non-Pharmaceutical Interventions To Mitigate Effects of COVID-19!

The outbreak containment strategies in China based on non-pharmaceutical interventions (NPIs) appear to be effective. But quantitative research is still needed to assess the efficacy of NPIs and their timings. Using epidemiological and...

ONE To Add 5,000 Reefer Containers To Its Fleet

ONE has planned to add 5,000 more refrigerated containers to its fleet. 200 containers will be equipped with advanced controlled atmosphere (CA) technology. Its global refrigerated container volume grew by more than 7...

Wind Energy Could Be The Future of Maritime Industry

  Six ships operating with Flettner rotors including an Ultramax bulk carrier. They also include an oil tanker, ferries, and vehicle carriers. They comprise narrow vertical rotors that don’t take up too much room. ...

Commodity Traders Shocked After Collapse of Oil Trader

Commodity traders are facing the heat following Hin Leong's shocking collapse. It has led to short-term disruptions amid COVID-19. There are disruptions in physical supply. Deteriorating credit environment and potentially tighter regulatory oversight. ...

The ISM Code Crucial for Cyber Resilience

The ISM Code is now more important than ever, to ensure that vessels report any identified cyber risk, and become cyber resilient, reports Safety4Sea. About ISM Code  The ISM Code entered into force on 1...