Reuters

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

COPENHAGEN, Feb 22 (Reuters) – Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

By Jacob Gronholt-Pedersen Feb 22 (Reuters) – A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only

Feb 20 (Reuters) – The captain of the doomed El Faro warned that the “clock was ticking” as his cargo ship took on water in an Atlantic

By Saikat Chatterjee and Tara Joseph HONG KONG, Feb 19 (Reuters) – Off the coast of a nearly deserted island below the southern tip of Hong Kong, at

Feb 19 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally rose on Friday

By Keith Wallis SINGAPORE, Feb 19 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are set to hold steady around current

SHANGHAI, Feb 19 (Reuters) – China Cosco Shipping (COSCOCS), China’s biggest shipping line, plans to carry out a careful selection of its future

OSLO, Feb 18 (Reuters) – Dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity, backed by its main owner billionaire John

By Brenda Goh SHANGHAI, Feb 18 (Reuters) – China on Thursday launched a challenge to global shippers AP Moller Maersk and Mitsui OSK Lines, but analysts

OSLO, Feb 18 (Reuters) – Billionaire investor John Fredriksen’s dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity as

SAO PAULO, Feb 17 (Reuters) – Maersk Line, the world’s largest container ship operator, said on Wednesday it was consolidating operations in

Feb 17 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth

By Barbara Liston Feb 16 (Reuters) – The captain of the U.S. cargo ship that sank off the Bahamas in a hurricane last fall, killing all 33 people on

COPENHAGEN, Feb 16 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Tuesday it would change the way it publishes

OSLO, Feb 16 (Reuters) – Global offshore drilling rig rates will remain at loss-making levels as the market continues to suffer from overcapacity,

Feb 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, on gains

Feb 15 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher for a second

By Denis Dyomkin and Lidia Kelly (Reuters) The Kremlin is considering reducing state stakes in shipping firm Sovkomflot as well as the oil