Cargo removal operations from MV Kaami, a grounded Norwegian vessel, began off the coast of Scotland on 9 April, the UK’s HM Coast Guard said.
WUHAN REOPENS AFTER 76-DAY LOCKDOWN Ending the lockdown of Wuhan, Hubei province, on Wednesday will become a milestone for China in securing final victory in the people's war against the COVID-19 outbreak under the command of President Xi Jinping, observers said.
The Board of Golden Ocean Group Limited has appointed Ulrik Uhrenfeldt Andersen as the new Chief Executive Officer of Golden Ocean Management AS.
Petroleum and chemical tanker owner AET Tanker Holdings has inked a charter deal with Chartering and Shipping Services SA, a wholly-owned subsidiary of Total SA, for two LNG dual-fuel VLCCs.
Hong Kong-based dry bulk shipping company Pacific Basin will pause its fleet expansion plans amid the ongoing market uncertainty caused by the coronavirus pandemic.
EQUITY MARKET SHOWS SIGNS OF RECOVERY Opportunities of earning handsome return from medium and long-term investment in Chinese equities are expected to shine in ashes of the recent global financial turmoil, analysts said. Since late February, worldwide stock assets have seen their
There are about 15,000 seafarer’s on-board about 500 cargo vessels across the globe, and another 25,000 on cruise ships. Maritime bodies like NUSI, MUI and MASSA told PTI they have raised the issue with the Shipping Ministry, which has assured to ex...
The European Community Shipowners’ Association (ECSA) has welcomed the work done by the EU so far to support the shipping industry in dealing with COVID-19 but stressed that more sector-specific actions are needed to save the industry.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to unify its 100 percent owned management companies for tankers.
Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance, says BIMCO’s Chief Shipping Analyst, Peter Sand.