Tag: COVID-19

Several Countries Shuts down After COVID Epidemic

The number of COVID-19 cases worldwide topped 250 million. Eastern Europe has among the lowest vaccination rates in the region. Vaccinations have increased...

A Lesson To The Shipping Industry From A380’s Failure

Early October 2021, news reports said freight rates were showing signs of plateauing despite an overheated container shipping market. Spot rates appeared to...

Why Containership Speed Up Amid A Red-hot Freight Market?

Container ships are crossing the world’s oceans faster this year amid a red-hot freight market. The latest ship-speed stats from U.K.-based data provider...

UK Becomes the First Country To Approve Antiviral COVID-19 Pill

UK approval for molnupiravir comes ahead of U.S. decision UK and NHS to confirm deployment plans in due course UK secured just under...

Crew Change Crisis Prevail Despite Surging Vaccine Rates

New national lockdowns, an increase in flight cancelations, travel restrictions, and increasingly strict crew change requirements, especially in Asia, are preventing seafarers from going...

Why Mask Debates Still Rage In Multiple Countries?

People wear masks on Broadway in New York City last month. England, in spite of a stubborn surge in cases since the summer,...

Chinese Stock Up Essentials Amid Tight Covid Curbs

China's government has urged citizens to stock up on daily necessities. The government last year launched a national campaign to curb food waste. ...

[Infographic] Surge in Cargo Ship Backlogs in South California Ports

Satellite data from Spire Maritime shows how the shipping backlog in California has progressed, reports Business Insider. Time-lapse data of shipping backlog Before the pandemic, the...

[Infographic] US Sep. Retail Sales Hit 7-month Low at USD 535.9bn

US retail sales fell to USD 535.9 billion in September, their lowest level since March 2021, and marking the fifth month-on-month decline in retail...

BIMCO COVID-19 Weekly Report

This BIMCO COVID 19 weekly report for the week ending 8 October covers updates from Brazil, Latvia, Oman, Singapore, United Kingdom, the UK P&I...
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