Stena Line Announces Additional Furloughs, Layoffs in UK and Ireland
European ferry operator Stena Line will furlough 600 employees and layoff 150 in the UK and Ireland as the coronavirus pandemic decimates passenger travel
European ferry operator Stena Line will furlough 600 employees and layoff 150 in the UK and Ireland as the coronavirus pandemic decimates passenger travel
By Jennifer A. Dlouhy and David Wethe (Bloomberg) — Inside more than a thousand offshore drilling rigs and oil production platforms that dot the Gulf of
By Claire Jiao, Siegfrid Alegado and Ann Koh (Bloomberg) — Port restrictions and canceled flights are straining the ability to replace seafarers on
By Jennifer Hiller HOUSTON, April 7 (Reuters) – Exxon Mobil Corp on Tuesday throttled back investment in shale, natural gas and deep water production,
Shares of Carnival Corporation (NYSE: CCL) shot up more than 20% on Monday after it was revealed that Saudi Arabia’s public investment fund has taken a more
The Military Sealift Command hospital ships USNS Mercy and USNS Comfort were originally deployed to serve as referral hospitals for non-COVID-19 patients
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A major accident was caught on camera today at the Port of Busan today when a containership struck multiple shoreside gantry cranes and another ship while
As cruise ships drawdown the number of passengers remaining on board, concern is growing for the tens of thousands of crew members, mostly foreign nationals,
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
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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
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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’
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