Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday,
Europe diesel stocks reach fresh record high; huge imports from Asia, Middle East weigh on supplies.
Oil traders are preparing to store diesel in giant tankers
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee it is not stolen, according to an email from the company seen by Reuters.
Carnival Corporation & plc today officially opened an all-new, highly anticipated expansion of its operations in Cozumel, Mexico, adding a third berth to the company's pier at Puerta Maya,
Indonesia’s government has given the go-ahead for foreign-flagged cruise ships to stop over in five of the country’s largest ports.
Previously, such vessels could only dock at one port,
Auckland’s bumper cruise season has officially kicked off with the arrival of Princess Cruises’ mega liner Diamond Princess into port today (October 08).