FDA To Authorize 100,000 COVID Antibody Doses for $375 Million
In a major development, the US government has agreed to pay Eli Lilly & Co $375 million for 300,000 vials of its experimental Covid-19 antibody as it undergoes regulatory review for emergency-use authorisation, reports the...
Middle East Refineries Sees Record Plunge In Gasoline Stockpiles
Stockpiles of gasoline and other light distillates at Fujairah on the UAE's east coast plunged the most on record to the lowest level since at least 2017, pushing total oil products inventories to a...
Baltic Index Sees An Acute Dip in 3 Months As Capesize Weakens
The Baltic Exchange's main sea freight index, tracking rates for capesize, panamax and supramax vessels, registered its steepest decline.
The decline in more than three months is driven by reduced demand for capesizes.
...
IMO In Partnership To Reduce GHG Emissions From Shipping
The Republic of Korea and the IMO have signed an agreement to establish a training program to support developing States to reduce greenhouse gas (GHG) emissions from shipping.
A four-year partnership will support...
MAN ES Announces World’s First LPG-Retrofit
MAN PrimeServ has announced the successful conversion of the main engine aboard the LPG carrier BW Gemini.
The conversion is from an MAN B&W 6G60ME-C9.2 type to an MAN B&W 6G60ME- LGIP dual-fuel...
First FIN-SMART Roundtable for Sustainable Shipping
First FIN-SMART global roundtable affirms need to accelerate finance to support sustainable shipping, particularly in developing countries.
This is a platform for regular dialogue among key maritime stakeholders on addressing the financial challenges...
ExxonMobil Sues GP Global for 2.8$ Million Bunker Claim
ExxonMobil Asia Pacific Pte. Ltd., is in the midst of a bunker claim against GP Global APAC Pte. Ltd. at the High Court of the Republic of Singapore.
It is seeking a total...
[Watch] Heavy-lift Ship Arrives at Golden Ray Wreck Site
The heavy-lift vessel VB 10,000 arrived at the Golden Ray wreck site in Georgia's St. Simons Sound, where the specialized vessel will be used by salvage crews to cut and lift sections of the...
Singapore MPA To Add Two More LNG Bunker Suppliers
Singapore MPA has launched a request for proposal for new LNG bunker supplier licence, says a press release published on their website.
Request for proposal (RFP)
The Maritime and Port Authority of Singapore (MPA) has launched...
Weekly Tanker Report – Week 43, 2020
The Baltic Briefing has issued the tanker report for the 43rd week of this year. The report dated 23rd October 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and...