[Watch] Dr. Fauci Has Doubts on the Russian COVID19 Vaccine Safety

Russia's Sputnik Vaccine has flared up apprehension about vaccine safety and security Dr. Anthony Fauci himself noted concocting a vaccine and proving its safety isn't the same thing The Russian vaccine has been...

Oil Price Fiasco Revives Divestment in Fossil Fuel Campaigns

The global economic shutdown has pushed oil prices to record lows. Climate activists are pushing government and financial institutions to divest from the fossil fuel industry. They highlight the need to remove pension...

AI Drug Development Strategies Speed Up COVID Drug Manufacturing

As the pandemic medicines are unleashed shortages seem to be piling up Some AI-enabled medicine manufacturing routes have been tested to speed up manufacturing. So far the AI software is successful in making...

HMM Records $23m Profit for Q2 2020

HMM sails into the black after 21 quarters, but half-year is still red, carrying forward a loss of $31m. Posted a net profit of $23m for Q2 20, compared with a loss of...

Ship Owners Sailing Fuel Cargoes To US for Seizure

  Tankers carrying Iranian fuel cargoes covered by a U.S. warrant for seizure sail to the United States. Fuel should be in U.S. territorial waters to be seized. Vessel owners transfer fuel cargoes to...

‘Five-year Plan’ To Boost Maritime Industry

South Korean government plans to boost the container carrying capacity. It plans to push the country’s liner operators to 1.2 million TEU by 2025. Moon Seong-hyeok a five-year plan to revive the country’s...

The Trans-Pacific Eastbound Market Is Going Crazy!

China-U.S. West Coast container rates continue their astonishing climb. Clients are selling more and they are selling more online bringing shipping more into the U.S. 80% of them are growing year-on-year and gaining...

[Watch] Mauritius Bulk Carrier Splits Into Two After Spilling Oil

  Japanese Cargo ship MK Wakashio ran aground on a reef off the coast of Mauritius with 4,000 tonnes of fuel onboard on July 25. More than 1,000 tonnes of fuel has leaked into...

DHT Acquire Stocks at Spot Rates

The leading tanker major DHT is back in takeover mode with asset prices poised to fall, DHT preps to buy. The quarterly call of DHT Holdings (NYSE: DHT) was easy listening for its investors....

Robotic Laser Cladding To Restore Engine Sealing Surfaces

A recent report published by the Marine Shaft deals with the use of Robotic Laser Cladding to repair engine sealing surfaces. MarineShaft suggests welding up the worn surfaces with laser equipment and machining...