Europe Bracing for COVID19 Second Wave, Better Testing Needed
UK may see the second big wave of coronavirus, if it reopens schools without with less number of testing, says a study.
To make the schools function full-time, it is essential to diagnose...
Europe To Face a “Highly Likely” Prospect of Second Wave This Year
Since lifting strict lockdowns that reduced infection rates, many European countries are now watching numbers creep back up.
Germany is contending with a second wave amid a disregard for social-distancing guidelines.
A second...
5-Month High Oil Price Over US Stimulus Package Hope
Oil slips as rise in coronavirus cases overshadows fuel demand recovery, reports Reuters.
Brent futures cascade
Oil prices edged higher on Tuesday, with Brent on track for a five-month high, on hopes the United States is...
Ship Orders To Bounce Back Amid Coronavirus Hits?
Ship orders collapse owing to COVID hits and regulatory risks, writes Greg Miller for Freight Waves.
Plunging newbuild orders
Pre-COVID, the bull case for shipping rates was all about plunging newbuild orders. A drop in orders...
[Watch] World’s First Tiltable Rotor Sail Unveiled
Norsepower Oy Ltd. and SEA-CARGO announce an agreement to install two of Norsepower’s largest Rotor Sails on board the SC Connector, a sidedoor Ro-Ro.
The agreement is for the installation of the world’s...
Chartering & Financial Facility Lead To $20m Profit for Ardmore
According to an Independent article, Ardmore Shipping, a Cork-based shipping company listed on the New York Stock Exchange, has posted net income of $20.1m (€17m) for the six months ending June this year, following...
Maersk New Mooring Rope Design More Safe, Cuts Cost
In a major development, shipping giant Maersk has announced that they will begin implementation of an innovation called Snap Back Arrestor (SBA) ropes on the mooring lines used to hold vessels in place while...
How the Seafarers’ Mission Function
Amidst the raging pandemic and the excruciating trapped feeling inside ships without crew changes, seafarers are at a dire state looking for a safe heaven and here's how to get one as underlined by...
Tracking How COVID19 Is Fostering Long-term Chronic Illness
Scientists are gearing up to study the long term effects of COVID19 which has shown the development of severe chronic illness amongst people.
Unlike the popular belief of extensive lung damages that several...
CEO Takes Pay Cut Until Company Profits Return
CEO of CSBC Corporation has voluntarily taken a major salary cut.
He will receive a minimum salary of TWD23,800 ($810) until the company returns to profit.
CSBC posted a net loss of TWD1.78bn...