Reuters

By Rania El Gamal DUBAI, June 5 (Reuters) – Ports in Saudi Arabia and the United Arab Emirates’ barred ships flying Qatari flags after the two

MADRID, June 5 (Reuters) – Some of Spain’s biggest port terminals came to a standstill on Monday as shipping companies redirected cargos to avoid a

OSLO, June 1 (Reuters) – Norway’s biggest oil workers’ union reached a wage deal with offshore rig owners on Thursday, averting the risk of a

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio

SAINT-NAZAIRE, France, May 31 (Reuters) – French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent deal to sell a

By Jan Schwartz HAMBURG, Germany, June 1 (Reuters) – German shipping firm Rickmers filed for insolvency on Thursday, a day after its largest lender HSH

FRANKFURT, May 31 (Reuters) – German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000

By Reem Shamseddine KHOBAR, Saudi Arabia, May 31 (Reuters) – Saudi Aramco plans to build the Gulf’s largest shipyard through a joint venture with

May 30 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a nearly

ABIDJAN, May 30 (Reuters) – Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast’s second port of San

FRANKFURT, May 29 (Reuters) – Shareholders of German shipping group Hapag-Lloyd on Monday approved a $400 million rights issue to fund a planned merger

SEOUL, May 27 (Reuters) – South Korea said on Saturday it has resumed contact with a distressed fishing vessel that feared it was being followed by a

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