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As predicted, the ongoing COVID-19 pandemic is driving up the cost for crew changes. With airfare costs on the rise and quarantine restrictions in place,

As major shipping companies prepare to release their Q3 results, there are very few alarm bells ringing that the industry is suffering any great impact

High uncertainties regarding COVID-19 and the economic recovery continue to weigh on the fuel market and global bunker prices. The world still has a lot

While some of the world’s largest cruise lines are already back in service following the COVID-19 pandemic, some are planning their return to service for

Crude Oil Price Movements After four consecutive months of gain, spot crude prices settled significantly lower in September. The OPEC Reference Basket (ORB) fell by

Despite the ongoing COVID-19 pandemic, incoming cargo to the Port of Los Angeles is surging as businesses and retailers prepare for an early holiday season.

While it was originally expected that the shipping industry would be affected by COVID-19 for months, German container shipping firm Hapag-Lloyd is benefitting from a

An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand around the globe. In recent months, the

Slowing economic activity around the world, restricted mobility, fears of the second wave of COVID-19 and a potential trade war are all contributing to a

The U.S.\’ second busiest container port, the Port of Long Beach, just recorded its best August in its 109-year history. “August marked another great month

Despite strong economic data from China, a weaker U.S. dollar and reports of more economic stimulus discussions in key markets, there are no drastic changes

The U.S. Coast Guard Cutter Bertholf recently completed a joint patrol with the Ecuadorian Navy to detect and deter illegal fishing in the Galapagos Islands.