COVID-19

By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with

By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building

Update: Seadream Halts Cruise as More Passengers Test Positive for Virus Passengers are locked down on board the SeaDream 1 cruise ship after a passenger had

Nov 9 (Reuters) – Norwegian Cruise Line Holdings Ltd reported its third straight quarterly loss on Monday, as the COVID-19 pandemic brought the cruise

By Amy Stillman (Bloomberg) –Petroleos Mexicanos, which has one of the world’s highest employee death tolls from Covid-19, is no longer distributing

By Jonathan Levin (Bloomberg) –Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel

By Travis Teo SINGAPORE, Nov 6 (Reuters) – Hit by cabin fever, hundreds of Singapore residents itching to get out of the tiny country boarded a

by Captain John Konrad (gCaptain) Over 300,000 seafarers are stuck at sea in what the Pope has called one of the biggest crises ever to face the maritime

by Amlan Chakraborty (Reuters) – This year’s Sydney to Hobart yacht race will proceed with COVID-19 measures in place following Tasmania’s

The trade association representing 95 percent of the global ocean-going ships says its members will maintain the voluntary suspension of cruise ship operations

By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s

Nov 2 (Reuters) – Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises through the end of the year, extending previous

By Michael Smith and Jonathan Levin (Bloomberg) –The U.S. Centers for Disease Control and Prevention announced Friday that it would lift a ban on cruises

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the

By David Shepardson WASHINGTON, Oct 30 (Reuters) – The Centers for Disease Control and Prevention (CDC) on Friday issued a framework for a phased

By Anna Shiryaevskaya, Tsuyoshi Inajima and Saket Sundria (Bloomberg) –Ships carrying cargoes around the world are waiting for days to pass through the

By John J. Edwards III and Jonathan Levin (Bloomberg) Royal Caribbean Cruises Ltd. reported negative revenue for the third quarter, a rare occurrence among

Oct 29 (Reuters) – Cruise operator Royal Caribbean Group’s revenue turned negative for the first time and it posted a billion-dollar net loss for

(Bloomberg) – The world’s biggest cruise lines have roughly doubled the number of lobbyists they’re dispatching to congressional offices and several