Oil in Grips of Chaos After Price War Triggers Historic Crash
By James Thornhill (Bloomberg) — Oil clawed back some of its biggest drop in a generation as a battle for market share between Saudi Arabia and Russia
The latest maritime and offshore news.
By James Thornhill (Bloomberg) — Oil clawed back some of its biggest drop in a generation as a battle for market share between Saudi Arabia and Russia
OAKLAND, Calif., March 9 (Reuters) – The cruise ship Grand Princess, barred last week from returning to its home port of San Francisco and facing
WASHINGTON, March 9 (Reuters) – The Trump administration will soon issue advisories warning shippers, port officials and insurance companies against the
The head of the Port Authority of New York and New Jersey has tested positive for coronavirus, New York Governor Andrew M. Cuomo announced on Monday. The Port
By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders
AMSTERDAM, March 9 (Reuters) – The number of container ships travelling from China to the port of Rotterdam seems to have recovered slightly, as
By Dmitry Zhdannikov LONDON, March 9 (Reuters) – Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991
By Steve Gorman and Barbara Goldberg (Reuters) – An ocean liner barred from returning to port in San Francisco due to a coronavirus outbreak on board
PARIS, March 6 (Reuters) – French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus
Divers are inspecting the Stellar Banner’s hull for damage as the VLOC remains aground but in stable condition off the coast of Brazil. Currently there
Finnish technology group Wärtsilä will reorganize its marine business into three independent businesses. The new businesses will consist of Marine
Update March 13, 2020 – President Trump today signed into law the “Merchant Mariners of World War II Congressional Gold Medal Act of 2020,” a bill to
Tom Hanks is returning to the maritime genre with his new movie GREYHOUND about a WWII convoy of ships crossing the treacherous North Atlantic to help fight
By Mathew Carr (Bloomberg) — A group of U.K. North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions
By Ben Holland (Bloomberg) – The coronavirus epidemic and the attempt by governments to contain it may slash about $320 billion off global trade each
European ro-ro operator UECC will trial the use of marine biofuel marking the first such trial of the sustainable fuel in the roll-on/roll-off sector.
MOSCOW, March 5 (Reuters) – Russia has ordered the mandatory disinfection of ships arriving at the Black Sea ports of Novorossiisk and Yuzhnaya
SAO PAULO, March 5 (Reuters) – The vessel Aeolian Grace, loaded with some 65,000 tonnes of soybeans, has been stranded in Brazil’s São Francisco
March 5 (Reuters) – Shares of U.S. cruise operators sunk on Thursday after the Grand Princess ocean liner, owned by Carnival Corp, was barred from
Norwegian energy giant Equinor and its partners Shell and Total have completed exploration drilling of a well that could serve as a reservoir for carbon
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