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...

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...

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...

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...

[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...

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...

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...

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...

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. ...

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...