Bayer To Help German Company CureVac in COVID Vaccine Production
According to a Reuters report, german pharmaceutical giant Bayer is examining whether it can help CureVac to produce its experimental COVID-19 vaccine, its chief executive was quoted as saying on Sunday.
Why is this crucial?
Though...
Oil Prices Drops 1% Over New Strain COVID Surge Ending Price Rally
Oil prices fell on Monday, extending losses that last week ended a rally driven by production cuts and strong Chinese demand, with the market’s recovery outlook being called into question as coronavirus infections rise,...
Proactive Vs Reactive – The Way Out for Shipping Companies from Cyber Attacks
2020 has put maritime organisations in the firing line for cyber-attacks, and they can no longer afford to bury their head in the sand and to counter this Lloyd's Register spoke to Nettitude’s Tim...
Industry Users Seek Alternative Fuels As LNG Prices Record High
Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to record highs, government and industry officials told Reuters.LNG prices nearly...
‘We are Ghosts Trapped in a Box’: Desperate Crew Cry for Help
Indian sailors stuck in Chinese waters for months due to China's trade war with Australia are now beginning to lose hope as well as their minds, says an article published on News18.Gaurav SinghGaurav Singh,...
MSC Joined Hydrogen Council Vowing To Accelerate R&D
Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate R&D on clean hydrogen-derived fuels, says...
[Watch] Importance Of Shipping In World Trade
This video, released by Bimco is about the importance of shipping in world trade. Without shipping, life would be different. We would have limited access to a lot of the food we consume, pharmaceuticals,...
Cargo Ship Splits Into Two & Sinks, 3 Dead
According to Turkish authorities, a cargo ship sank off Turkey's Black Sea coast leaving at least 3 people dead, reports ABCNews.
What happened?
A cargo ship sank off Turkey's Black Sea coast on Sunday, leaving at...
97 Incidents of Piracy and Armed Robbery Reported in 2020
As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for 2020.
It reports 97 incidents in Asia, which reveals a...
Revised IMSBC Code for Bauxite Cargoes Mandatory
A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development of a new cargo schedule for bauxite fines in the...