18,Mar 2020

Oil prices have been cratering in the wake of Saudi Arabia’s decision to ramp up production and offer customers a discount for its crude. A decade ago, that would have been welcome news for the United States..

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18,Mar 2020

Oil prices slid 10% on Monday as the acceleration in coronavirus cases worldwide, which is bringing travel and business to a standstill, further dents global demand for crude.

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18,Mar 2020

This month’s historic swoon in oil prices has some on Wall Street worrying that crude will settle in a range under $40 a barrel. For the industry’s hundreds of thousands of workers, the bigger worry is their jobs..

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04,Mar 2020

Bruised by plunging commodity prices and oversupply across the industry, US oil and gas companies have come into the sights of market speculators, who have placed huge bets against equity valuations in the sector..

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04,Mar 2020

Oil and gas shipping sector grapples with coronavirus disruptions: Seaborne oil and gas trade in Asia has faced growing disruptions in the past week due to the coronavirus, or Covid-19..

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04,Mar 2020

U.S. crude oil and natural gas production pulled back in December from record highs reached a month earlier, according to monthly government data released Friday..

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18,Mar 2020

Norwegian expedition cruise operator Hurtigruten and compatriot ferry companies Color Line and Fjord Line are laying off thousands of their employees due to the disruptions caused by the coronavirus pandemic..

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18,Mar 2020

The International Transport Workers’ Federation (ITF) has criticized flag states for failing to protect seafarers’ and passengers’ health during the humanitarian crisis caused by the coronavirus pandemic..

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18,Mar 2020

The issue of crew change that has arisen due to the coronavirus pandemic should be of particular concern to the international community, according to Guy Platten, Secretary-General at the International Chamber of Shipping (ICS)..

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04,Mar 2020

The fuel tanks of the giant ore carrier that ran aground and developed a heavy list last week according to the ship’s owner Polaris Shipping..

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04,Mar 2020

Ships Violating IMO 2020 Face Serious Fines, Detention as Port Regimes Plan Rigorous Enforcement..

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04,Mar 2020

Cargo flow at the major coastal ports in China is beginning to normalize and business operations have now entered the recovery phase..

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