Specialists at the Midel shipbuilding and ship-repairing plant are installing the ballast water management system on the Armada Navigator chemical product carrier tanker. Such a system is being installed for …

he UK Chamber of Shipping – the voice of the country’s shipping industry – has urged the UK government to exempt seafarers and maritime workers from any quarantine restrictions planned …

The Port of Los Angeles, the U.S. busiest port, has seen a 22.9 percent decrease in handled containers for the month of February compared with the same month in 2019 …

A massive oil price war has erupted between Saudi Arabia and OPEC countries after Russia refused to join the proposed production cuts announced last week. Under the proposal, OPEC wanted …

British cruise and travel company Saga said that is cruise and tour businesses have experienced an increase in near-term cancellations due to the evolving coronavirus outbreak.  “Our Tour Operations businesses …

Responding to the ongoing oil demand situation, OPEC members proposed today to cut oil production by 1.5 million barrels per day until June 30, 2020. Under the proposal, OPEC proposed …

Hyundai Mipo Dockyard (HMD), part of South Korean shipbuilding group Hyundai Heavy Industries’ (HHI), has received an order for the construction of a chemical carrier. The contract, worth KRW 45.3 …

“This, however, does not mean the ripple effects are over – far from it. We have already outlined in the past weeks how this will impact the round-trip dynamics and …

China has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU. “The fact that China would overtake us in this respect was quite …

Phillips 66 and Trafigura Group have formed a 50/50 joint venture, Bluewater Texas Terminal, to develop an offshore deepwater port project located approximately 21 nautical miles east of the entrance …

The U.S. Treasury Department has extended the deadline to companies that deal with COSCO Shipping Tanker (Dalian) to wind down their transactions with the company and its units, pushing the …

Japanese shipping giant Mitsui O.S.K. Lines has signed its first green loan, which it plans to use to partially finance the construction of an LNG bunkering vessel, believed to be …