Ship Repair Market Report For 2020 Predicts Recovery In 2023

The "Ship Repairing Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering, reports Yahoo Finance. A possible decline  The global ship repairing market is expected to decline from $29.40 billion in 2019...

New Record Set By Vaccinating 4million In 18 Days

India has become the fastest country in the world to reach the 4 million COVID-19 vaccination mark, achieving this feat in 18 days, the Union Health Ministry said on Wednesday, reports Business Standard. An impressive...

Fujairah Marine Fuel Sales Hit in 2020 for These Top Reasons

Marine fuel sales at Fujairah were hurt in 2020 due to the dominance of oil tankers calling at the UAE's east coast port and OPEC+ production cuts. Fujairah's monthly bunker volume fell almost...

Stowaways On Cargo Ships A Continual Problem for Carriers

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and...

Insurers Brace for COVID Business Insurance Payments

According to a Reuters report, small businesses like restaurants, nightclubs, wedding planners, beauty parlours etc have won the right to insurance payouts after Britain’s highest court ruled many policies should cover losses caused by...

New Measures To Reduce Carbon Dioxide Emissions in Vessels

Today’s shipowners face a simultaneous battle on two fronts, states leading paint and coatings manufacturer Jotun. A growing pressure to comply with ever more stringent environmental regulations is matched by a need to...

Rise In Pool With 21 New Pool Partners In 2021

It's 2021. And we are excited to start it with 21 new pool partners.Our global partnerships translated to a 28% jump in the number of vessels under our commercial management in 2020-2021. Most notably,...

Oxford Vaccine Effective for 3 Months, Reduces Transmission

Oxford vaccine reduces transmission by 67% Study shows the single dose of the vaccine is 76% effective for 3months 8-12weeks between does is the sweet spot of efficacy No clarity on efficacy on...

Fujairah Bunker Fuel Weak, Stocks Climb Up

The pandemic's impact on oil demand took a chunk out of Fujairah's bunker demand last year. Cockett Marine Oil chief executive Cem Saral said that with fewer box ships and bulkers calling at the port, Fujairah was...

Pfizer 2021 Vaccine Sales Projection $15 Billion

According to a Bloomberg report, Pfizer Inc. projected about $15 billion in revenue this year from the Covid-19 vaccine it developed with BioNTech SE, but the shares fell amid questions about the durability of...