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The U.N.-backed government in Libya has not invited European ships into its territorial waters to help stop people smuggling because this could harm efforts to
Around 1,300 offshore support vessels lying idle worldwide.
Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of
Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.
It has also reached
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.
Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July.
The number of tankers storing gasoline