News

The coronavirus pandemic is showing now sign of slowing down the salvage of the Golden Ray wreck in St. Simons Sound.  The Unified Command responsible for

By Catherine Traywick, Mario Parker and Justin Sink (Bloomberg) — On Thursday, U.S. President Donald Trump sent oil prices rallying on the prospect of

By Phil Stewart and Idrees Ali WASHINGTON, April 6 (Reuters) – The acting head of the U.S. Navy, in a surprise speech to the crew of a

By Gavin van Marle (The Loadstar) – The container shipping industry could lose as much as $23bn this year from reduced demand in the wake of the

WASHINGTON, April 5 (Reuters) – U.S. Defense Secretary Mark Esper defended the Navy’s controversial decision to remove the commander of a

By Javier Blas and Alex Longley (Bloomberg) –To outsiders, the oil trade of the day is so astonishing that even President Donald Trump sounded

An ultra-large containership belonging to CMA CGM is bypassing the Suez Canal on its return trip to Asia, adding some 3,000 miles and five days to the journey

A Venezuelan Navy ship has sunk after colliding with the ice-strengthened hull of an expedition cruise ship earlier this week.  The incident took place March

By Idrees Ali and Phil Stewart WASHINGTON, April 3 (Reuters) – Even as he is hailed as a hero by his crew, the fired commander of a coronavirus-stricken

By Jonathan Levin and Christopher Palmeri (Bloomberg) — Carnival Corp. customers are skittish about booking a cruise, even if it’s for next year

MIAMI, April 2 (Reuters) – An ocean liner forced by a deadly onboard coronavirus outbreak to languish at sea since mid-March pulled into a South Florida

By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) — Liquefied natural gas traders are following the latest trend in the oil market by storing huge

WASHINGTON, April 3 (Reuters) – The captain of a U.S. aircraft carrier relieved of his command after seeking stronger measures in response to a

IMO Secretary-General Kitack Lim urged the United Nations to request governments to declare seafarers, port personnel and other crucial maritime workers as

By Idrees Ali and Phil Stewart WASHINGTON, April 2 (Reuters) – The U.S. Navy on Thursday relieved the commander of the aircraft carrier Theodore

By Scott DiSavino NEW YORK, April 2 (Reuters) – Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said

French shipping giant CMA CGM has confirmed that health officials have cleared CMA CGM Marco Polo crew members of COVID-19 after a crew member fell ill after

BRUSSELS, April 2 (Reuters) – EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’

April 2 – Florida officials on Thursday said they were prepared to allow two Holland America cruise ships with coronavirus patients aboard dock at a port

By Sharon Cho and Alex Longley (Bloomberg) — Oil surged in London as China planned to start buying up cheap crude for its strategic reserves, while the