News

By Lisa Barrington and Jonathan Saul DUBAI/LONDON, May 17 (Reuters) – Armed pirates attacked a British-flagged chemical tanker in the Gulf of Aden on

By Golnar Motevalli (Bloomberg) –Iran has sent an official warning to the U.S. against making threats to Iranian fuel tankers bound for Venezuela, the

By Alex Longley, Sherry Su and Javier Blas (Bloomberg) — One of the oil market’s most obvious signs of oversupply — millions of barrels being

The USNS Mercy departed the Port of Los Angeles Friday morning after seven weeks supporting COVID-19 relief efforts in the region.  The 1,000-bed U.S. Navy

A trio of oil industry majors have made a historic investment decision on a large-scale offshore carbon capture and storage project offshore Norway seen as

By Firat Kayakiran (Bloomberg) –Chinese oil traders know bargain crude prices when they see them. That, at least, is one conclusion from the movements of

FRANKFURT, May 15 (Reuters) – German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions

By Sheela Tobben (Bloomberg) –A cluster of ships with American oil has been heading to a small terminal in southern Ireland as buyers search for places

By Humeyra Pamuk, Jonathan Saul and Timothy Gardner WASHINGTON/LONDON May 14 (Reuters) – The Trump administration on Thursday issued guidelines to help

May 14 (Reuters) – Norwegian Cruise Line Holdings Ltd swung to a quarterly loss on a $1.6 billion impairment charge as the COVID-19 pandemic brought the

Shipping industry employers and trade unions have agreed to extend seafarer contracts for another month in order to give time for governments and companies to

The Panama Canal says water conservation measures have been successful in securing steady draft reliability for the next several months as the waterway

By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN, May 13 (Reuters) – Shipping group A.P. Moller-Maersk warned of a sharp drop in global

May 13 (Reuters) – Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy

PARIS, May 13 (Reuters) – Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it

By Fabiana Batista (Bloomberg) –Brazilian port workers are starting to fall ill as the coronavirus pandemic reaches one of Latin America’s busiest

By Sheela Tobben (Bloomberg) –Supertankers laden with Saudi Arabian crude heading to U.S. shores are taking longer than normal to discharge as smaller

Fewer cargo containers moved through the Port of Long Beach in April as economic effects of the COVID-19 pandemic continue to impact global trade. The Port of

Development of the world’s first fully autonomous containership has been put on hold indefinitely amid the COVID-19 pandemic.  In 2017, Norwegian fertilizer

By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR, May 12 (Reuters) – An oil exploration vessel contracted by Malaysian state energy company Petronas