COVID-19

By Kevin Crowley and Rachel Adams-Heard (Bloomberg) –Chevron Corp. is planning a 10% to 15% reduction in its global workforce this year, the biggest cut

By Amy Stillman (Bloomberg) –When 62-year-old Tomas Morales registered a fever of 101.3 Fahrenheit on April 14, the doctor told him to self-isolate. But

By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers

By Jonathan Saul LONDON, May 26 (Reuters) – Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus

By Gram Slattery and Marta Nogueira RIO DE JANEIRO, May 26 (Reuters) – Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm

By Julian Lee (Bloomberg Opinion) –The waters off the South African oil storage terminal at Saldanha Bay are getting busy. A small flotilla of tankers

Dutch shipbuilder Da Hoop is claiming the world’s first remotely-operated sea trials with the testing of the a new expedition cruise ship for Silversea

A Hapag-Lloyd containership has been ordered to quarantine at a Durban, South Africa anchorage after two crew members on board tested positive for COVID-19,

By Robert Tuttle (Bloomberg) –Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is

By Nivedita Balu May 20 (Reuters) – Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd on Wednesday extended the suspension of voyages by

By Annie Lee and Krystal Chia (Bloomberg) –Vessels carrying dry bulk commodities are struggling to make a profit because of the double hit of lower

The USNS Mercy departed the Port of Los Angeles Friday morning after seven weeks supporting COVID-19 relief efforts in the region.  The 1,000-bed U.S. Navy

May 14 (Reuters) – Norwegian Cruise Line Holdings Ltd swung to a quarterly loss on a $1.6 billion impairment charge as the COVID-19 pandemic brought the

Shipping industry employers and trade unions have agreed to extend seafarer contracts for another month in order to give time for governments and companies to

By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN, May 13 (Reuters) – Shipping group A.P. Moller-Maersk warned of a sharp drop in global

May 13 (Reuters) – Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy

PARIS, May 13 (Reuters) – Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it

By Fabiana Batista (Bloomberg) –Brazilian port workers are starting to fall ill as the coronavirus pandemic reaches one of Latin America’s busiest

By Mike Wackett (The Loadstar) – Ocean carriers are scrambling to cut costs as the demand for liner services continues to plummet, and the off-hiring of

TALLINN, May 8 (Reuters) – Estonia will give the Baltic Sea shipping firm Tallink, which has been badly hit by lockdowns, a 3-year loan of 100 million