Tag: COVID-19

Rising Costs Over Widening Officer Shortage

A reduced attractiveness of a career at sea and rising man-berth ratios will inflate future manning costs, says Drewry. There is currently a...

How COVID-19 Has Shocked Economies Around The World?

The global economy will contract given the sudden stop to large swathes of activity. There is an income loss in the manufacturing and...

How COVID-19 Catapulted Into An Economic Cataclysm?

COVID-19 has accentuated ecological, epidemiological, and economic vulnerabilities. These factors have been imposed by capitalism are further aggravated by COVID-19. Emergence of catastrophe...

Vaccine Trials Advance in Race for Virus Protection

Moderna, AstraZeneca, and China's CanSino are among the leading candidates. China, Europe, and the U.S. report positive developments in trials of their shots. ...

Itolizumab Antibody “Significantly Reduced Mortality” in COVID19 Clinical Trials

Equillium shares topline results of patients treated with itolizumab in clinical trial conducted in India by partner Biocon. Biocon has received emergency use...

Singapore’s GDP Plummets in Q2 Due To COVID-19

Singapore’s trade-reliant economy plunged into recession in Q2. It is signaling a rough first half globally and an equally challenging outlook. Gross domestic...

Study Suggests COVID19 Immunity in Negative People

People testing negative for coronavirus antibodies may still have some immunity, a study has suggested. For every person testing positive for antibodies, two...

Oil tanker Quarantined After COVID-19 Outbreak

The Belgian port of Antwerp has quarantined a Maltese-flagged oil tanker until at least July 4 after more than half of its crew tested...

Shipping Demand and Spot Rates Dwindle Post Lockdowns

Chemical tanker spot shipping continues to be slow intra-Europe, following freight rates declines of June. Spot freight rates on the Transatlantic (TA) westbound...

Covid 19 and Oil Prices Decelerate Scrubber Installations

The price spread between high sulfur fuel oil (HSFO) and very low sulfur fuel oil (VLSFO) is a key measure of how much...
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