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...

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...

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...

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...

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...

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...

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...

[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...

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...

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...