Gunvor CEO Says Oil Trading and Shipping Thrived Amid Coronavirus Crash
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
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
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
By Naimul Karim DHAKA, July 14 (Thomson Reuters Foundation) – A Bangladeshi woman whose husband died while dismantling an oil tanker at a ship-breaking
By Philip J. Heijmans and Andreo Calonzo (Bloomberg) — The Trump administration’s move to brand most of Beijing’s claims in the South China Sea a
A New Zealand court has sentenced a Tauranga-based stevedoring company to a more $150,000 fine after a 15 tonne excavator was dropped from a ship’s crane
WASHINGTON, July 13 (Reuters) – The United States on Monday hardened its rejection of China’s disputed claims to offshore resources in most of the
The crew of the Matson cargo ship MV Mahi Mahi rescued three mariners from their disabled 50-foot trimaran approximately 825 miles northeast of Oahu last week.
By Jonathan Saul and Matt Spetalnick LONDON/WASHINGTON, July 13 (Reuters) – Several companies that certify vessels are seaworthy and ship insurers have
By Bing Guan SAN DIEGO (Reuters) – Flames raged for hours on Sunday aboard a U.S. warship docked at Naval Base San Diego, sending 21 people to the
Officials in Canada are investigating the head-on collision between two cargo ships in Ontario’s Welland Canal on Saturday. The vessels Alanis and
The Executive Committee of the American Salvage Association (ASA) announced that Ms. Lindsay Malen–Habib is taking on the role of ASA President effective
By Gabriella Borter July 12 (Reuters) – A three-alarm fire erupted on Sunday aboard a U.S. warship docked at Naval Base San Diego, prompting an
By Fran Golden (Bloomberg) –Hundreds of people lined the banks of Glasgow’s River Clyde a few weeks ago for the rare sight of a small, high-end cruise
By Mike Wackett (The Loadstar) – With the containership charter market in the doldrums, demolition sales have picked up, with reports of a number of
The coronavirus pandemic continues to hammer U.S. west coast ports. The Port of Long Beach on Friday reported that 602,180 TEU was moved across its docks in
By K. Oanh Ha and Krystal Chia (Bloomberg) — More than a dozen countries with crucial global shipping hubs agreed to ease port and border restrictions
July 10 (Reuters) – Carnival Corp said on Friday it was planning to resume operations in a phased manner and would operate with a smaller fleet on its
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