Reuters

BRASILIA, July 31 (Reuters) – The cost of shipping goods between Brazil and Chile is expected to fall by about 5 percent with the 2020 expiry of a pact

TOKYO, July 31 (Reuters) – Japan’s big three shippers on Monday reported profits for the first quarter, bouncing back from losses a year earlier

LONDON, July 31 (Reuters) – The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a review, the London-run

SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s

PARIS, July 30 (Reuters) – France will offer to expand shipbuilding cooperation with Italy into naval vessels, Finance Minister Bruno Le Maire said,

BEIRUT, July 29 (Reuters) – The Iranian Revolutionary Guards said on Saturday that U.S. Navy ships came close to their vessels in the Gulf and shot

By Sudarshan Varadhan NEW DELHI, July 30 (Reuters) – India’s navy seized a ship carrying about 1,500 kg of heroin worth 35 billion rupees ($545

by Ranga Sirilal and Shihar Aneez (Reuters) – Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota port to

By Steve Gorman LOS ANGELES, July 28 (Reuters) – Dockworkers at 29 ports in California, Oregon and Washington are expected to ratify a three-year

By Anshuman Daga and Henning Gloystein SINGAPORE, July 27 (Reuters) – Noble Group is slimming down drastically to its core Asian coal-trading business,

SINGAPORE, July 28 (Reuters) – Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but

By Timothy Gardner and Nina Chestney WASHINGTON/LONDON July 28 (Reuters) – U.S. coal exports have jumped more than 60 percent this year due to soaring

By Leigh Thomas and Crispian Balmer PARIS/ROME, July 27 (Reuters) – France will nationalize the STX France shipyard to prevent an Italian firm taking

By Ole Petter Skonnord OSLO, July 26 (Reuters) – Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and

PARIS, July 26 (Reuters) – The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split

By Steve Scherer ROME, July 25 (Reuters) – The Italian government on Tuesday threatened to shut humanitarian groups that operate migrant rescue ships in

DUBAI, July 25 (Reuters) – A merchant ship collided with a United Arab Emirates navy boat as it was taking part in a routine mission off UAE territorial

BEIJING, July 25 (Reuters) – China’s Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil

By Idrees Ali WASHINGTON, July 25 (Reuters) – A U.S. Navy ship fired warning shots when an Iranian vessel in the Gulf came within 150 yards (137 meters)

By Brenda Goh SHANGHAI, July 25 (Reuters) – European shipbuilders’ dominance in the $117 billion passengership industry may come under threat as