GTT Bags Tank Order from DSME

GTT has received an order from its partner, the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME), for the tank design of a new LNG carrier on behalf of the Korean ship-owner Hyundai LNG...

Asia Residual Fuels: Key Market Indicators for Oct 4-8

Regional supply of marine fuel 0.5% is set to tighten from the first trading week of October amid refinery unit turnarounds in South Korea and Japan, although supply at ports was still assured, bunker...

Wall Street Stock Growth Ushered By Tech & Banks

Technology companies and banks led stocks higher on Wall Street Tuesday, erasing most of the market's losses from a broad sell-off a day earlier, as reported by ABC News. Terry on Communication Stocks The rally, which...

This Drug Can Reduce Covid-19 Deaths By Nearly Half

CTV News disclosed that the use of blood thinners by COVID-19 patients, either before being infected with the disease or afterward, can reduce deaths by almost half, according to new research. Blood Thinners are Standard...

EU’s Drug Panel Approves Booster Shots for The Immunocompromised

The European Medicines Agency (EMA) has concluded that a booster shot of the Pfizer/BioNTech and Moderna coronavirus vaccines "may be given to people with severely weakened immune systems, at least 28 days after their...

Commodity Tracker: 4 Charts To Watch This Week

Chinese electricity and generating fuels supply are in focus this week, as utilities grapple with higher commodity costs. Plus, high freight rates discourage polymer exports from Asia to Europe, and Latin American crude supply...

Jinhui Adding More Supramax Bulker from AM Nomikos

Jinhui Shipping and Transportation are adding more secondhand tonnage with the acquisition of a supramax bulker from Greek owner AM Nomikos, says a press release published on their website. Delivery estimated The Chinese bulker operator has...

Captain Killed After Cargo Ship Collides With Canal Bridge

A general cargo vessel crashed with the Mondragon-Donzère canal’s bridge in France’s Rhone, which claimed the life of the the captain of the Malta-flagged vessel, reports Maritime Bulletin. What happened? The tragic incident occurred in the...

1127 Kilo of Cocaine Seized From Bulker

Bulk carrier was intercepted in English Channel and taken to Dunkirk on Oct 1, by French law enforcement agency or agencies, reports Maritime Bulletin. Anti drug agency alerted Bulk carrier TRUDY was intercepted in English Channel...

Concordia Signs New Loan Terms and Conditions With Leading Banks

Concordia Maritime has entered into binding agreements with lending banks regarding new loan terms and conditions for eight of the company’s ten P-MAX vessels, says a press release published on their website. About the announcement Concordia,...