COVID-19

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

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,