Due to COVID-related travel restrictions, hundreds of thousands of the world’s two million seafarers have been “stranded at sea for months”, said the UN chief on 12th June, calling for them to be categorized as “key workers”, during the pandemic. Unable to disembark,...

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Worldwide lockdowns, shrinking demand and a supply glut have sent shockwaves through the oil & gas sector, plus oil-reliant economies in the Middle East. Oil prices have made historic slides this year, and in April, US futures crashed below zero for the first...

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The implications from Libya’s latest absence from the tanker market are bound to affect rates in this part of the world. While a return to stability appears to still have some way to go, before it’s materialized, recent efforts to restore production and increase...

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