Tankers Round the Cape as Glut Snarls Ports
By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France
By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France
May 6 (Reuters) – Carnival Corp’s Princess Cruises said on Wednesday its voyages would remain suspended through the end of summer as reduced
By Olivia Raimonde (Bloomberg) — Oil snapped a five-day rally as a persistent supply glut outweighed signs of recovering U.S. fuel demand. Futures in
May 6 (Reuters) – Norwegian Cruise Line Holdings Ltd has raised over $2.2 billion through debt and equity offerings, giving the cash-strapped cruise
By Paula Seligson, Jonathan Levin and Crystal Tse (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is pledging ships and two islands as part of a plan
Estonia-based ferry operator Tallink reported a nearly 96% year-over-year decrease in passenger travel and vehicles last month amid the on-going coronavirus
At least 18 crew members on board the Military Sealift Command ship USNS Leroy Grumman have tested positive for COVID-19 in Boston, CBS Boston has reported.
By Nivedita Balu and Helen Coster May 5 (Reuters) – Norwegian Cruise Line Holdings Ltd , the world’s third-largest cruise operator, raised doubts
By Anna Shiryaevskaya (Bloomberg) — As economic lockdowns complicate efforts to bring electricity to every corner of the planet, one company is putting
By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From
By Ira Breskin – Liquid Natural Gas carriers are addressing a less volatile short-term charter market than that experienced by crude carriers, “sister
The USNS Comfort has departed New York City after supporting Department of Defense’s COVID-19 response efforts to New York and New Jersey residents during
Ships in ports across the world will sound their horns on Friday in solidarity and to protest government travel restrictions which have kept seafarers at sea
By Jonathan Levin (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is furloughing about 20% of its workforce through the end of July after the
By Francesco Guarascio BRUSSELS, April 30 (Reuters) – Latin American drug lords have sent bumper shipments of cocaine to Europe in recent weeks,
The Panama Canal Authority has announced a temporary changes to its reservation system to help customers affected during the COVID-19 pandemic. Starting
By K. Oanh Ha (Bloomberg) — After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so
The guided-missile destroyer USS Kidd (DDG 100) arrived in San Diego on Tuesday to treat sailors after a COVID-19 outbreak on board. The USS Kidd was at sea
WASHINGTON, April 29 (Reuters) – The U.S. Navy on Wednesday said that it would carry out a broader review into the spread of the coronavirus
By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers.
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