Record Oil Output Cuts Fail to Make Waves in Coronavirus-Hit Market
By Florence Tan and Shadia Nasralla SINGAPORE/LONDON, April 13 (Reuters) – The minimal impact on oil prices from a global deal for record output cuts
By Florence Tan and Shadia Nasralla SINGAPORE/LONDON, April 13 (Reuters) – The minimal impact on oil prices from a global deal for record output cuts
By Ira Breskin – Moderate production cuts announced Sunday by the world’s major crude oil producers should reduce what has been the critical need for
Carnival Cruise Lines has suspended all North American sailings through June 26, 2020 due to the ongoing COVID-19 crisis. Carnival announced the extended
By Javier Blas, Salma El Wardany and Grant Smith (Bloomberg) — The world’s top oil producers pulled off a historic deal to cut global petroleum output
WASHINGTON, April 13 (Reuters) – A U.S. Navy sailor died on Monday after contracting the coronavirus, marking the first death of a sailor
Mediterranean Shipping Company says it has experienced a network outage and it cannot rule out the possibility of a cyber attack, the company said
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The U.S. Army Corps of Engineers has awarded a nearly $98 million dredging contract to Texas-based Callan Marine for the second phase of the Corpus Christi
By Rania El Gamal, Olesya Astakhova and Ahmad Ghaddar DUBAI/MOSCOW/LONDON (Reuters) – OPEC, Russia and other allies outlined plans on Thursday to cut
April 10 (Reuters) – The U.S. Centers for Disease Control and Prevention extended its “no sail order” for all cruise ships, as it looks to
Dutch marine services firm Royal Boskalis Westminster N.V. has announced the acquisition of maritime emergency response specialist Ardent Americas, helping
Cargo volumes at the Port of Los Angeles, the busiest port in the United States, fell more than 30% in March as the COVID-19 crises increasingly hit the global
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By Salvatore R. Mercogliano, Ph.D. – National Maritime Day (May 22) came a month earlier than usual with the announcement by the Maritime
The International Chamber of Shipping has issued new guidance to support the shipping industry in its role of ensuring essential goods and commodities, such as
By Jen Skerritt, Leslie Patton and Emele Onu (Bloomberg) — The port backups that have paralyzed food shipments around the world for weeks aren’t
By Adam Minter (Bloomberg Opinion) — Before the pandemic, 100,000 seafarers traveled in and out of the world’s ports every month. Some had spent
Norway has approved Equinor’s plans to develop and operate a floating wind farm that will provide power to five oil and gas platforms in the Norwegian North
Philly shipyard has been selected to build the new National Security Multi-Mission vessels, the U.S. Maritime Administration and TOTE Services said
By Mike Wackett (The Loadstar) – Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity
By Anna Shiryaevskaya (Bloomberg) — Shipments of liquefied natural gas will decline from record levels as global economic growth weakens and energy
World trade is expected is expected to fall by between 13% and 32% this year as the COVID-19 pandemic disrupts just about every aspect of the global economy,
By Tangi Salaün PARIS, April 8 (Reuters) – France’s flagship aircraft carrier the Charles de Gaulle is returning to its home port early after
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By Joe Mayes (Bloomberg) — Britain faces disruption to goods flows from continental Europe as the coronavirus outbreak squeezes the finances of ferry
By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the
The U.S. Department of Defense has opened the hospital ship USNS Comfort to patients with COVID-19 in order to relieve pressure on New York area hospitals, the
LONDON, April 7 (Reuters) – Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as
WASHINGTON, April 7 (Reuters) – Acting U.S. Navy Secretary Thomas Modly has offered his resignation following criticism of his handling of a
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