Baltic Dry Index Snaps Winning Streak After Surging to Highest Level Since 2014
March 30 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday after
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March 30 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday after
By Olesya Astakhova SABETTA, Russia, March 30 (Reuters) – An ice-breaking tanker docked for the first time at Russia’s Arctic port of Sabetta to
SHANGHAI, March 30 (Reuters) – China’s COSCO Shipping Holdings Co Ltd made a loss last year of 9.9 billion yuan ($1.44 billion), the company
By Scott DiSavino March 29 (Reuters) – The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was
SHANGHAI, March 29 (Reuters) – China and Hong Kong stocks rose on Wednesday as further signs of a pick-up in global trade boosted shares of port
By Stine Jacobsen COPENHAGEN March 28 (Reuters) – A.P. Moller-Maersk’s new chairman committed to automating its systems as the oil and shipping
SEOUL, March 28 (Reuters) – South Korea on Tuesday said forensic examination showed bone fragments found near a salvaged ferry that sank in one of its
By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag,
March 28 (Reuters) – Ocean RIG UDW Inc, a Cyprus-based rig contractor, filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and
By Brenda Goh SHANGHAI, March 27 (Reuters) – Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive
March 27 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year
By Maha El Dahan and Michael Georgy SHARJAH, United Arab Emirates, March 24 (Reuters) – Captains of small wooden dhows are carrying food and wares from
By Abdiqani Hassan BOSASSO, Somalia, March 24 (Reuters) – Pirates have seized control of a Somali fishing boat to use as a base from which to attack
By Joyce Lee SEOUL, March 24 (Reuters) – Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step
By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on
By Ju-min Park SEOUL, March 23 (Reuters) – A South Korean ferry that sank nearly three years ago, killing 304 people, most of them children on a school
By Joyce Lee SEOUL, March 23 (Reuters) – South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding &
By Teis Jensen COPENHAGEN, March 22 (Reuters) – Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that
By Sami Aboudi ABOARD THE USS GEORGE H.W. BUSH, March 22 (Reuters) – U.S. Navy commanders accused Iran of jeopardizing international navigation by
By Elida Moreno and Marianna Parraga PANAMA CITY/SAN ANTONIO, March 22 (Reuters) – Royal Dutch Shell agreed to lease capacity at a large oil terminal in
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