The U.S. Navy has awarded Marinette Marine Corporation with the detail design and construction contract for up to 10 Guided Missile Frigates.  The initial

By Ira Breskin – Liquid Natural Gas carriers are addressing a less volatile short-term charter market than that experienced by crude carriers, “sister

The USNS Comfort has departed New York City after supporting Department of Defense’s COVID-19 response efforts to New York and New Jersey residents during

Ships in ports across the world will sound their horns on Friday in solidarity and to protest government travel restrictions which have kept seafarers at sea

By Jonathan Levin (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is furloughing about 20% of its workforce through the end of July after the

By Francesco Guarascio BRUSSELS, April 30 (Reuters) – Latin American drug lords have sent bumper shipments of cocaine to Europe in recent weeks,

The Panama Canal Authority has announced a temporary changes to its reservation system to help customers affected during the COVID-19 pandemic.  Starting

By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in

By K. Oanh Ha (Bloomberg) — After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so

The guided-missile destroyer USS Kidd (DDG 100) arrived in San Diego on Tuesday to treat sailors after a COVID-19 outbreak on board.  The USS Kidd was at sea

WASHINGTON, April 29 (Reuters) – The U.S. Navy on Wednesday said that it would carry out a broader review into the spread of the coronavirus

By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the

LONDON, April 29 (Reuters) – U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two

The operator of a Branson, Missouri duck boat failed to heed a severe thunderstorm warning before the fatal sinking of the Stretch Duck 7 during severe weather

By Mike Jeffers (Bloomberg) — Oil fell after the biggest oil ETF said it would sell out of its June WTI futures position as physical oil storage levels

By William Mathis (Bloomberg) — A tidal-stream turbine with a diameter bigger than the length of a tractor trailer was installed in China for a project

By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers.

By Helen Robertson (Bloomberg) — The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling

HELSINKI, April 28 (Reuters) – German shipyard Meyer Werft’s Finnish subsidiary on Tuesday started statutory talks to lay off up to 450 of its

As COVID-19 continues to sweep the nation, Americans across industries are hard at work doing all they can to slow the spread and protect