Shipping

Firms are chartering oil tankers for floating storage and to move gasoline, diesel, sending rates through the roof.

An estimated 200,000 crew are stuck on commercial vessels globally amid attempts to prevent spread of COVID-19.

The A Symphony, a Suezmax tanker capable of carrying about one million barrels of crude, was struck by a bulk carrier.

The shipping industry is seeing the biggest jump in lost containers in seven years, disrupting supply chains.

Firefighters extinguish blaze in tanker near Baniyas refinery after a suspected drone attack, Syria’s oil ministry says.

The controversial canal would be the jewel in the crown of megaprojects launched under the Turkish president’s watch.

Ukraine and the EU condemn Russia’s decision to restrict the navigation of foreign military and official ships.

Ever Given will not be allowed to leave Egypt until compensation amount is settled with owners, canal authority says.

The Saviz was targeted by limpet mines in the Red Sea on Tuesday as nuclear talks with world powers are under way.

Presidential spokesman Ibrahim Kalin says declaration by the former naval officers was ‘reminiscent of coup times’.

Chairman of the Suez Canal Authority had said 85 ships expected to pass the canal from both sides on Saturday.

Divers spot some damage to the bow of the colossal Ever Given ship, which blocked the canal for six days last week.

The Greek shipowning community is poised for a bonanza in rates after Ever Given blocked the Suez Canal for days.

Helped by peak of high tide, a flotilla of tugboats wrenched free the bulbous bow of the skyscraper-sized Ever Given.