Box Carriers’ Blanked Sailing Strategy Could Bring $9 Billion in Profit
By Mike Wackett (The Loadstar) – Notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean carriers have
By Mike Wackett (The Loadstar) – Notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean carriers have
By Phil Stewart and Idrees Ali WASHINGTON, June 19 (Reuters) – In a reversal, the Navy on Friday scrapped its recommendation to reinstate Captain Brett
International cruise lines have extended their self-imposed sailing suspension from U.S. ports until September 15 amid the ongoing COVID-19 crisis. The Cruise
By Emily Chow and Chen Aizhu SHANGHAI/SINGAPORE, June 19 (Reuters) – China’s marine fuel futures contract that debuts on Monday on the Shanghai
By Roslan Khasawneh SINGAPORE, June 18 (Reuters) – Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in
By Uday Sampath Kumar June 18 (Reuters) – Carnival Corp reported a record $4.4 billion in quarterly losses on Thursday, as the COVID-19 pandemic crippled
By Philip Pullella VATICAN CITY, June 17 (Reuters) – Pope Francis paid tribute on Wednesday to hundreds of thousands of seafarers stuck on ships due to
COPENHAGEN, June 17 (Reuters) – A.P. Moller-Maersk , the world’s top container shipping firm, said on Wednesday that market demand was developing
(Bloomberg) — Ravi Nagar hasn’t seen his wife and 3-year-old son in eight months. That’s because he was stuck on a tanker shuttling between the
By Jonathan Saul LONDON, June 16 (Reuters) – Hundreds of thousands of weary seafarers stuck on ships for many months and unable to go home due to the
By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a
By Michelle Nichols NEW YORK, June 12 (Reuters) – U.N. chief Antonio Guterres called on all countries on Friday to designate seafarers and other marine
By Jonathan Saul LONDON, June 12 (Reuters) – Ship owners are postponing or canceling the installation of “scrubbers” that extract harmful
The trade and maritime bodies of the United Nations are reiterating calls for governments to facilitate crew changes in order to keep trade flowing unimpeded.
Cargo volumes at the Port of Long Beach rose last month as the economic fallout from COVID-19 pandemic finally shows signs of recovery. Dockworkers and
By Jonathan Saul, Lisa Baertlein and Sonya Dowsett LONDON/LOS ANGELES/MADRID, June 5 (Reuters) – The $1 trillion container shipping industry is in a
By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled
At least 86 people have tested positive for COVID-19 on board a U.S.-flagged fishing trawler now docked in Seattle, Washington. American Seafoods Company
ACCRA, May 29 (Reuters) – Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana’s Atlantic
By Claire Jiao, Ann Koh and Krystal Chia (Bloomberg) — Even as countries try returning to some semblance of pre-pandemic life, ongoing restrictions are
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