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...

Ocean carriers scramble to reduce costs due to plummeting demand for liner services. The next major reason cited is the off-hiring of chartered...

Port of Rotterdam has unveiled 'Fuel EU Maritime – Green European Maritime Space'. It actively encourages the use of alternative fuels and they...

Oil market downturns drag down a list of oil-producing countries and affected its markets. 25 emerging market currencies are trading the highest in...

DHT Holdings delays scrubber installations on five of its ships. This will leave the ships to trade for a while longer and reap...

The Secretary-General is aware of the significant challenges being faced by the global shipping industry to effect crew changes as a result of...

Gilead is working on its own remdesivir ramp-up, scouts licensing partners for global production. Gilead received the U.S. FDA’s emergency use authorization for...

lack of stringent rules giving penalties to COVID19 violators is causing an upswing in cruise cases in Japan. The country has recorded another...

  Seafarers across the world are stuck on their ships and spend months without shore leave as ports ban crew transfers. Most are being...