Reuters

FRANKFURT, April 7 (Reuters) – NordLB expects lower earnings this year partly as a result of the German public sector bank’s efforts to cut its

By Libby George and Keith Wallis LONDON/SINGAPORE, April 7 (Reuters) – A surge in oil buying by China’s newest crude importers has created delays

HOUSTON, April 6 (Reuters) – Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along

BEIJING, April 6 (Reuters) – China has begun operating a lighthouse on one of its artificial islands in the South China Sea near which a U.S. warship

By Keith Wallis SINGAPORE, April 6 (Reuters) – A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading

April 6 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday,

By Jonathan Saul LONDON, April 5 (Reuters) – If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment

By Henning Gloystein SINGAPORE, April 4 (Reuters) – Chevron’s massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical

DUBAI, April 3 (Reuters) – National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425

DUBAI, April 2 (Reuters) – Iran is seeking $2.5 billion investment to modernise its oil tankers fleet following the lifting of sanctions against Tehran,

By Keith Wallis SINGAPORE, April 1 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday, face an

April 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Friday,

SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp

March 31 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on

COPENHAGEN, March 31 (Reuters) – The world’s third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes are set to firm next week as owners

By Thomas Escritt and Francesco Guarascio THE HAGUE/BRUSSELS, March 30 (Reuters) – The European Union and India failed on Wednesday to defuse a

By Luca Casiraghi, Dinesh Nair and Steven Church (Bloomberg) — Seadrill Ltd., the offshore driller with the biggest debtload, hired Houlihan Lokey Inc.

By Andrea Shalal WASHINGTON, March 29 (Reuters) – Huntington Ingalls Industries Inc Chief Executive Mike Petters urged the U.S. Navy to accelerate its