Reuters

By Catherine Ngai and Devika Krishna Kumar NEW YORK, May 25 (Reuters) – Oil traders and analysts are expecting large volumes of crude to draw from

By Lefteris Karagiannopoulos OSLO, May 26 (Reuters) – Oslo-listed Flex LNG has signed contracts to buy six new liquefied natural gas (LNG) vessels for

By Idrees Ali and David Brunnstrom WASHINGTON, May 25 (Reuters) – A U.S. warship carried out a “maneuvering drill” when it sailed within 12

By Idrees Ali and Phil Stewart WASHINGTON, May 24 (Reuters) – A U.S. Navy warship sailed within 12 nautical miles of an artificial island built up by

NAIROBI, May 24 (Reuters) – Djibouti has formally opened one of four new ports designed to cement the tiny Horn of Africa nation’s position as a

May 24 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in

FRANKFURT, May 24 (Reuters) – Hapag-Lloyd and Arab sector peer UASC are focused on speedy integration, Hapag’s chief executive said after the

By Jonathan Saul and Tom Arnold LONDON/DUBAI, May 23 (Reuters) – Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping

By Abdiqani Hassan BOSASSO, Somalia, May 23 (Reuters) – Somali pirates hijacked an Iranian fishing vessel on Tuesday to use as a base to attack bigger,

OSLO, May 22 (Reuters) – ** Oslo-listed dry bulker Jinhui Shipping sees a bumpy road ahead despite signs of a recovery in the dry bulk market ** The road

By Clyde Russell LAUNCESTON, Australia, May 22 (Reuters) – One of the difficulties in constructing a narrative for the crude oil market and the output

By Harry Pearl SYDNEY, May 20 (Reuters) – Australia is investigating if problems in the propulsion systems of two $1.5 billion warships built by

By Patrick Markey ALGIERS, May 18 (Reuters) – Panama authorities have detained a Moroccan phosphate shipment from the disputed territory of Western

By Catherine Ngai NEW YORK/LONDON/SINGAPORE May 19 (Reuters) – After the first OPEC oil production cut in eight years took effect in January, oil traders

PARIS, May 19 (Reuters) – Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave

ZURICH, May 18 (Reuters) – A dozen ships from the Swiss high seas fleet are being sold off as the global shipping crisis takes its toll on the quirky

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, May 18 (Reuters) – German shipping line Hapag Lloyd is close to completing a merger with United Arab

By Gleb Stolyarov and Jack Stubbs MOSCOW, May 18 (Reuters) – Russia plans to sell part of state shipping firm Sovcomflot next month, hoping to draw in a

By Liz Hampton and Catherine Ngai HOUSTON/NEW YORK, May 17 (Reuters) – Oil tankers carrying roughly 2.5 million barrels of U.S. crude are currently en

By David Alire Garcia MEXICO CITY, May 17 (Reuters) – BP Plc’s first foray into Mexico’s recently opened energy market is proving more