Oil Plunges to Lowest Since 1986 Ahead of Contract Expiration
By Catherine Ngai, Olivia Raimonde and Alex Longley (Bloomberg) — Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
By Catherine Ngai, Olivia Raimonde and Alex Longley (Bloomberg) — Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global
By Michelle Nichols NEW YORK, April 17 (Reuters) – On Oct. 10 last year, eight North Korean vessels – several carrying illicit coal shipments
By John Irish PARIS, April 17 (Reuters) – France defended its handling of the spread of the coronavirus through its flagship Charles de Gaulle aircraft
The Port of Virginia will close one of its terminals due to COVID-19’s impact on global trade. Starting May 4, 2020, the port’s Portsmouth Marine
By Jonathan Saul LONDON, April 17 (Reuters) – Traders are storing an estimated record 160 million barrels of oil on ships – double the level from
By Mike Wackett (The Loadstar) – Headhaul capacity withdrawn by Asia-Europe and transpacific carriers has reached 3m teu, according to a survey by
The International Chamber of Shipping has teamed up with the International Air Transport Association to jointly call on governments to take urgent action to
By Phil Stewart and Idrees Ali WASHINGTON, April 16 (Reuters) – Sweeping testing of the entire crew of the coronavirus-stricken U.S. aircraft carrier
April 15 (Reuters) – Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26% of its workforce in the United States,
Eleven Irananian Islamic Revolutionary Guard Corps Navy (IRGCN) harrassed U.S. military vessels in international waters in the North Arabian Gulf, the U.S.
PARIS, April 15 (Reuters) – Nearly 700 sailors assigned to the French aircraft carrier Charles de Gaulle’s naval group have tested positive for the
LONDON, April 15 (Reuters) – A Hong Kong-flagged tanker was briefly detained in Iran before being freed after armed Iranian guards in speedboats directed
MSC Mediterranean Shipping Company (MSC) confirmed Wednesday that its network outage has now been resolved and its website and customer booking platform are
By Stephanie Kelly and Laura Sanicola April 15 (Reuters) – U.S. crude oil stockpiles rose by 19 million barrels last week, the biggest one-week increase
By Ron Bousso and Jonathan Saul LONDON, April 15 (Reuters) – Dozens of tankers holding jet fuel and gasoline are at anchor in sea lanes around
By Salvatore R. Mercogliano, Ph.D. – In the annals of maritime history and popular culture, the Mutiny on the Bounty holds a lofty place and remains
Princess Cruises has announced it is extending its suspension on sailings through June 30, 2020. The extension was announced Tuesday in a video from
DUBAI, April 14 (Reuters) – Armed men boarded a vessel at anchor in the Gulf of Oman on Tuesday but the ship was later released, the United Kingdom
Hornbeck Offshore Services has announced it has entered into a pre-packaged restructuring agreement that involves it filing for voluntary Chapter 11
The crew of a LPG tanker responded to a sailboat in distress that ultimately resulted in the rescue of a sailor approximately 200 miles off the coast of New
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