62m barrels of Russia’s crude oil stuck at sea 

  Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting…

Ship blocking Suez Canal could be stuck for weeks; owner apologizes

    A container ship blocking the Suez Canal like a “beached whale” may take weeks…

Tug boats work to free giant container ship stuck in Suez Canal

  Eight tug boats were attempting on Wednesday to free a 400m (440-yard) long container ship…

Half of 2017 new orders stuck in shipyards 

Some 50% of the newbuilding orderbook due to be delivered this year is yet to do…