A price war and demand destruction because of the coronavirus pandemic have sent oil markets into a whirlwind during the past two months, writes...

In a major development, China has declared that a coronavirus vaccine developed in China has been proven effective in monkeys, reports CGTN. What is it? PiCoVacc,...

U.S. West Texas Intermediate crude oil futures are up for a third straight session. As major producers began output cuts to offset a...

Video of the wild ride published in GoodDay website was recorded on the Cherokee Freight Lines tanker truck Moreno allegedly targeted. The Modesto CHP arrested...

ReCAAP ISC report shows a three-fold increase of piracy incidents in Asia during Q1, 2020, says an article published in Safety4Sea. Q1 2020 piracy report ReCAAP...

Chinese authorities gave a rebate on the 13pc value-added-tax (VAT) paid on sales of fuel oil into bonded market from February 1. Total...

The International Group, in partnership with shipping industry associations, launched guidance for safe interface between ship and shore staff, reports AmericanClub.com. Guidance for interaction The International...

A recently published report by UK P&I CLUB brings to light the various real-time accidents related to burns that had taken place in ships. ...

Oil prices turned negative as optimism that had previously supported prices began to fade. Earlier oil moved higher on several bullish factors, including...

A cargo ship full of 2,000 Nissans and Infinitis had to float off the coast of LA. The port was crammed with unsold...