Shipping Major Eye Majority Stake in Alitalia Successor
German carrier Lufthansa and Italian shipping company MSC have expressed an interest in acquiring a majority stake in Alitalia’s successor ITA Airways.
ITA said it received the declaration of interest and the proposal...
Pfizer, BioNTech Begin Omicron Vaccine Trial
Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of their Omicron-specific COVID-19 vaccine in adults aged up to 55, the companies say in a statement,...
Yara Birkeland Equipped With Survitec Fire Fighting System
Survitec’s advanced fire fighting system and safety equipment aboard Yara Birkeland – the world’s first fully autonomous containership – has successfully completed its first annual service.
The fire system aboard Yara Birkeland is...
Demolition Of Container Ship Dropped To Multi-Year Low In 2021
Demolitions of aging container ships dropped last year to the lowest level.
Demolition prices in the Indian Subcontinent were recently at the $560-615 per light displacement tonnage.
Alphaliner expects container ship demolitions to...
Global Stock Markets Dive As Fears Rattle Investors
European markets slide to lowest levels since October, while New York sees wild trading session, reports The Guardian.
Stock markets sharp fall
Global stock markets have fallen sharply as fears of military conflict in Ukraine spooked investors, wiping...
Blockchain, A New Game Changer In The Shipping
Blockchain and crypto are not new on the horizon.
Since the first use in 2018 of a smart bill of landing based on a blockchain technology.
The creation of TradeLens, by IBM and...
China Remains World’s Leading Shipbuilder In 2021
China's shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand, says an article published in XinhuaNet.
Increasing shipbuilding output
The country's shipbuilding output, an...
Why Are Men More Likely To Succumb To Covid-19?
Early on, some scientists suspected that the cause was primarily biological and that sex-based treatments for men – such as estrogen injections or androgen blockers – could help reduce their risk of dying. But...
Asia Light Ends: Key Market Indicators For Jan 24-28
Asia's light ends were firmer during mid-morning trade Jan. 24, on stronger crude oil futures, with regional gasoline supported by active driving demand ahead of and during Lunar New Year celebrations, says a Platts...
Asia Middle Distillates: Key Market Indicators For Jan 24-28
Asian middle distillates started the Jan. 24-28 trading week on a softer note as market participants await fresh cues after middle distillates stocks in the main trading hub of Singapore veered away from an...