Monday, March 16, 2020
wave breaking over tanker
News

Surging Demand to Move Crude Oil Sends Smaller Tanker Rates Soaring

By Roslan Khasawneh – SINGAPORE, March 16 (Reuters) – A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers

March 16, 2020
Total Views: 183

Major Cruise Lines Suspend Voyages After President’s Request
News

Major Cruise Lines Suspend Voyages After President’s Request

By Jonathan Levin (Bloomberg) — President Donald Trump said the country’s biggest cruise lines will suspend operations for a month at his request,

March 16, 2020
Total Views: 83

Sunday, March 15, 2020
China’s Port Jam Eases, but Refrigerated Container Rates Soar
News

China’s Port Jam Eases, but Refrigerated Container Rates Soar

By Muyu Xu and Dominique Patton BEIJING, March 13 (Reuters) – Severe congestion at Chinese ports is easing, say officials and industry participants,

March 15, 2020
Total Views: 164

Friday, March 13, 2020
Royal Caribbean Suspends U.S. Cruises, Joining Rivals
News

Royal Caribbean Suspends U.S. Cruises, Joining Rivals

March 13 (Reuters) – Royal Caribbean Cruises Ltd said on Friday it was suspending its cruises in the United States for 30 days, an hour after Norwegian

March 13, 2020
Total Views: 132

oil tanker
News

Saudi Booking Spree Sends Tanker Rates Soaring

By Alex Longley, Jack Wittels and Firat Kayakiran (Bloomberg) — Saudi Arabia is snapping up more and more oil tankers as the kingdom prepares to flood

March 13, 2020
Total Views: 136

oil tanker
News

Oil Heads for Worst Week Since 2008

By Alex Longley (Bloomberg) — Oil is headed for its largest weekly collapse since 2008 as a bitter price war erupted between Saudi Arabia and Russia,

March 13, 2020
Total Views: 74

File photo of a product tanker underway at sea
News

Shale Drillers Float Jones Act Waiver

By Jennifer A. Dlouhy (Bloomberg) — U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump

March 13, 2020
Total Views: 98

Trump Administration Dashes Hopes of Tariff Cut
News

Trump Administration Dashes Hopes of Tariff Cut

By David Lawder and Andrea Shalal WASHINGTON, March 13 (Reuters) – The Trump administration is not considering broad relief from import tariffs on

March 13, 2020
Total Views: 75

Thursday, March 12, 2020
container terminal at port
News

Global Recession Risk Spikes as World Powers Down, Markets Slump

By Enda Curran and Michelle Jamrisko (Bloomberg) — A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services

March 12, 2020
Total Views: 39

stellar banner debunkering operation
News

Ardent-Smit Team Begins Debunkering Stellar Banner Off Brazil

Salvage crews have started the operation to remove fuel oil from the stricken Stellar Banner off the coast of the Brazil.  The debunkering operation is

March 12, 2020
Total Views: 378

MSC Sending World’s Biggest Containerships to U.S. to Reposition Empties
News

MSC Sending World’s Biggest Containerships to U.S. to Reposition Empties

By Mike Wackett – MSC is deploying the world’s biggest ships to evacuate empty containers from China to the US, as carriers on the transpacific try

March 12, 2020
Total Views: 319

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia
News

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia

By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its

March 12, 2020
Total Views: 174

offshore rig
News

UK Imposes Travel Restrictions to North Sea Oil and Gas Installations

LONDON, March 12 (Reuters) – Britain’s oil and gas sector association OGUK on Thursday banned people from travelling

March 12, 2020
Total Views: 217

golden ray salvage
Accidents

Golden Ray Salvage: Dye Test Coming to St. Simons Sound

The Unified Command overseeing the salvage of the Golden Ray car carrier is getting ready to literally dye the St. Simons Sound.  Crews will introduce the

March 12, 2020
Total Views: 268

Princess Cruises Suspends All Cruises for Two Months
News

Princess Cruises Suspends All Cruises for Two Months

March 12 (Reuters) – Princess Cruises, the operator of two ocean liners quarantined because of numerous coronavirus cases, said on Thursday it would

March 12, 2020
Total Views: 216

IMO Headquarters london
News

IMO Headquarters Closes, Meetings Suspended Due to Coronavirus

LONDON, March 12 (Reuters) – The International Maritime Organization (IMO), the United Nations’shipping agency, has closed its headquarters in

March 12, 2020
Total Views: 136

Wednesday, March 11, 2020
President Trump Just Suspended Travel from Europe for 30 Days… He also said Trade and Cargo Was Prohibited – Update
News

President Trump Just Suspended Travel from Europe for 30 Days… He also said Trade and Cargo Was Prohibited – Update

In an Oval Office address to the United States about the coronavirus pandemic, President Trump announced a ban on all travel from Europe to the United States

March 11, 2020
Total Views: 144

Bouchard Secures Financing to Start Paying Crews
News

Bouchard Secures Financing to Start Paying Crews

New York-based Bouchard Transportation Company says it has secured financing to start paying its tug and barge crews, including back pay.  “Over the

March 11, 2020
Total Views: 250

cargo ship
News

CMA Shipping Conference Postponed

The Connecticut Maritime Association’s annual CMA Shipping conference has been postponed due to concerns related to the coronavirus pandemic.  CMA

March 11, 2020
Total Views: 61

Equinor Confirms Coronavirus Case on North Sea Oil Platform
News

Equinor Confirms Coronavirus Case on North Sea Oil Platform

By Stephen Treloar and Mikael Holter (Bloomberg) — Equinor ASA reported the first case of coronavirus among employees on oil and gas installations

March 11, 2020
Total Views: 109