Oil Weakens In Wake of Sluggish Economic Recovery
By Andres Guerra Luz (Bloomberg) –Crude dropped as investors assessed weak economic data and signals that a recovery in consumption may be slowing.
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
By Andres Guerra Luz (Bloomberg) –Crude dropped as investors assessed weak economic data and signals that a recovery in consumption may be slowing.
BEIJING, July 17 (Reuters) – Testing of imported foods for the new coronavirus is pushing capacity at some major Chinese ports to their limit, major
By James Pearson HANOI, July 17 (Reuters) – For the second time in two weeks, the United States has deployed two aircraft carriers to the South China
By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to
By Dan Whitcomb LOS ANGELES, July 16 (Reuters) – Crews have extinguished all known fires aboard a U.S. Navy warship that burned for four days at its
July 16 (Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) on Thursday extended its no-sail order for all cruise ships through
On the morning of Sunday, July 12, 2020, at 8:50 AM PDT, USS Bonhomme Richard (LHD-6) moored at Naval Base San Diego, Pier 2 reported a fire in the
Violent attacks against ships and their crews have risen in 2020, with 77 seafarers taken hostage or kidnapped for ransom since January, according to the
Yet another containership has lost containers overboard in stormy weather. The South African Maritime Safety Authority said it is investigating the loss of as
More than 776,000 fewer twenty-foot equivalent cargo containers moved across the docks at the Port of Los Angeles in the first half of 2020 compared to last
July 15 (Reuters) – Carnival Corp is planning to raise about $1.26 billion in a bond offering, the beleaguered cruise operator said Wednesday as it
Hapag-Lloyd has announced positive COVID-19 cases on board two of its U.S.-flagged ships. The German container shipping group said the cases were confirmed on
Asian waters accounted for a third of the shipping industry’s total losses at sea globally last year, even as shipping losses continued their declining
By Tom Hals July 15 (Reuters) – A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by
July 15 (Reuters) – U.S. energy regulators on Wednesday granted Delfin LNG a second one-year extension until September 2021 to complete its proposed
By Andy Hoffman and Laura Hurst (Bloomberg) –The billionaire CEO of Gunvor Group told staff the firm thrived during the oil market meltdown caused by the
By Elisha Bala-Gbogbo (Bloomberg) –The West African coast has overtaken Southeast Asia as the worst area for reported piracy and kidnappings at sea last
The fire on board the U.S. Navy’s USS Bonhomme Richard (LHD 6) continued to burn for a third straight day on Tuesday as firefighters battled to get the
Actor Tom Hanks has been awarded the American Maritime Partnership’s American Maritime Hero Award in recognition of his work celebrating American
By Humeyra Pamuk and David Brunnstrom WASHINGTON, July 14 (Reuters) – The top U.S. diplomat for East Asia warned on Tuesday that Washington could respond
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