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
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
By Jonathan Levin (Bloomberg) — President Donald Trump said the country’s biggest cruise lines will suspend operations for a month at his request,
By Muyu Xu and Dominique Patton BEIJING, March 13 (Reuters) – Severe congestion at Chinese ports is easing, say officials and industry participants,
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
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
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,
By Jennifer A. Dlouhy (Bloomberg) — U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump
By David Lawder and Andrea Shalal WASHINGTON, March 13 (Reuters) – The Trump administration is not considering broad relief from import tariffs on
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
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
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
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
LONDON, March 12 (Reuters) – Britain’s oil and gas sector association OGUK on Thursday banned people from travelling
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 (Reuters) – Princess Cruises, the operator of two ocean liners quarantined because of numerous coronavirus cases, said on Thursday it would
LONDON, March 12 (Reuters) – The International Maritime Organization (IMO), the United Nations’shipping agency, has closed its headquarters in
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
New York-based Bouchard Transportation Company says it has secured financing to start paying its tug and barge crews, including back pay. “Over the
The Connecticut Maritime Association’s annual CMA Shipping conference has been postponed due to concerns related to the coronavirus pandemic. CMA
By Stephen Treloar and Mikael Holter (Bloomberg) — Equinor ASA reported the first case of coronavirus among employees on oil and gas installations
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