Middle East & Africa

Seven crew members onboard container vessel MSC Talia F have been kidnapped by pirates in the Gulf of Guinea, off the coast of Libreville, Gabon.

The surge in world oil production that has followed the failure of OPEC+ members to reach a consensus on further supply constraints at their 5 March meeting in Vienna is likely to mean that storage capacity for crude oil and products will run out...

A crew member of the bulker Corona suspected of having the coronavirus – COVID-19 has tested negative for the virus in South Africa.

With the dual black swan events of the coronavirus (COVID-19) and the surge in oil supply Frontline ceo Robert Macleod believes that skyrocketing rates of $250,000 per day rates for VLCCs are real this time.

The tanker shipping market has enjoyed an unexpectedly strong week, with a dramatic fixing binge by Saudi Arabia’s Bahri pushing up rates to around $250,000 a day.

DP World has become the title sponsor and global logistics partner of the Renault F1 team starting from the 2020 season of the global motorsports series.

A global collapse of marine fuel prices has significantly narrowed the price gap between very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO), putting into question the economics of scrubbers.