Clinical Trials of Oral Antiviral Drug for Covid

Pfizer said it has begun an early stage clinical trial testing its experimental oral antiviral drug for Covid-19. The company said the phase one trial of the drug – called PF-07321332 – is...

Vitol Sees Strong 2021 Rally in Fujairah Bunker Volumes

 Bunker volumes at the Middle Eastern hub of Fujairah are rallying by as much as 60% in 2021, according to global energy trading firm Vitol. What Data Suggests Vitol saw volumes at Fujairah drop to about...

U.K. May Include Shipping in New Emissions Trading Platform

 The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution by 2050, reports bloomberg quint. Emissions Trading System Maritime Minister Robert Courts...

Oil Price Rebounds On Suez Canal Blockage

Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell-off on Tuesday, reports Yahoo Finance. Markets reprieve  Crude was also bolstered by...

Instructions For Shipping Temperature-Sensitive Freight

If a shipment has specific temperature requirements, failure to meet them can cause items to lose their value — decreasing product acceptance rates and making it difficult for you to get paid for your...

Americas Bunkers March 22-26 Key Market Indicators

West Coast ports track Asia lower Weaker US crude segments pressure Latin America Tight supply props up New Orleans premium over HoustonSpot retail bunkers pricing trended lower the week of March 15-19 throughout...

US Health Officials Raise Concerns Over Astrazeneca Vaccine Data

AstraZeneca PLC may have released outdated information about trial results for its Covid-19 vaccine—a surprise disclosure that immediately cast doubt on the company’s assertion a day before that results showed the shot to be...

Valles – STX Inks Product Tanker Deal

The Valles Steamship has become a contractor for product tanker at STX, says an article published in splash 247The Koo family-controlled Valles Steamship from Hong Kong has emerged as the contractor for a product...

3 Countries Compete For Global LNG Market

Last year was an unprecedented year for natural gas and liquefied-natural-gas (LNG) markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to grow 1%. Nevertheless, the...

Wärtsilä Provides Cargo Handling and Fuel Supply systems for 6 VLGC

Wärtsilä has won the contract to supply the Cargo Handling and Fuel Supply systems for six new 93,000 m3 capacity LPG carrier vessels. The ships are being built at the Jiangnan Shipyard in China for...