Search Results for: COVID-19

More oil moves into storage

The U.S. Department of Energy (DOE) is to fill the Strategic Petroleum Reserve (SPR) to its maximum capacity by purchasing 77 million barrels of American-produced crude oil. Last week, DOE announced a

Car carrier giant to cut fleet size

Oslo, Norway, headquartered RO/RO specialist Wallenius Wilhelmsen says that, with the coronavirus situation evolving rapidly across the globe, it is taking precautionary steps to adjust its operations and safeguard its liquidity going

More cruise lines suspend sailings

More cruise lines have followed Carnival Corporation’s Princess Brand in announcing suspensions of sailings. They include Royal Caribbean Cruise Line which said today that, beginning midnight tonight, it will pause its fleet’s