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...

Maersk Reports The Damage Of Their Cargo Essen 051N

The TP6 string Maersk Essen arrived into APM Terminals Lazaro Cardenas, Mexico on Saturday, January 30, 2021, reports Maersk. Maintenance She will undergo standard discharge of damaged containers and weather-related repairs – which will entail a...

Occidental Petroleum Ships 2 Million Barrels Of Oil To Reliance Industries

Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum, delivered 2 million barrels of "carbon-neutral oil" to Reliance Industries in India, it said late Jan 28, reports S&P Global Platts.  'Net-zero oil' The US company...

150 Million Euro Investment for New Variants COVID Vaccine

According to a Reuters report, Britain's GlaxoSmithKline and German biotech firm CureVac have teamed up in a 150 million euro ($180 million) deal to develop a COVID-19 vaccine from next year that could target...

630 Vessels Demolished in 2020

  According to new data released today by the NGO Shipbreaking Platform, 630 ocean-going commercial ships and offshore units were sold to the scrap yards in 2020. Of these vessels, 446 large tankers, bulkers,...

16 Stranded Seafarers Under Stress, Crew Change Required At the Earliest

  The fate of 16 Indian sailors of a cargo ship stranded outside a Chinese port for six months remain uncertain. China remains noncommittal about when their ordeal would end. The ship 'MV Anastasia'...

Secondhand Bulker Prices Firm Despite Softening Spot Rates

Secondhand bulk carrier prices are firming despite a week of softening spot rates, says an article published in Splash 247.  Smaller tonnage purchase Despite softening spot rates, secondhand bulk carrier prices are firming with buying interest...