Reuters

Update 2 (June 10) – Below is an update provided by the Royal Western Yacht Club, which is hosting the trans-Atlantic race event. All sailors in

By Keith Wallis SINGAPORE, June 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure

SAO PAULO, June 9 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA on Friday reported an explosion on the NS 32 drill ship,

HAMBURG/FRANKFURT, June 9 (Reuters) – Hapag-Lloyd’s merger with Arab Shipping Company, which is owned by six Gulf states, is proceeding as planned,

By Oleg Vukmanovic LONDON, June 8 (Reuters) – The escalating diplomatic conflict between Qatar and several of its Middle East neighbors has roiled the

By Lefteris Karagiannopoulos OSLO, June 8 (Reuters) – An offshore drilling rig hired by Norwegian oil and gas producer Aker BP is getting all its power

June 7 (Reuters) – Tanker firm DHT Holdings said a court in the Marshall Islands rejected Frontline Ltd’s lawsuit against DHT selling a major stake

SINGAPORE/DUBAI, June 7 (Reuters) – Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry

By Jonathan Saul LONDON, June 7 (Reuters) – Taiwan’s Evergreen and Hong Kong’s OOCL said on Wednesday they had suspended shipping services to

By Roslan Khasawneh and Oleg Vukmanovic SINGAPORE/LONDON, June 6 (Reuters) – A campaign by leading Arab powers to isolate Qatar is disrupting trade in

LONDON, June 6 (Reuters) – Maersk, the world’s biggest container shipping line, can no longer transport goods in or out of Qatar after Arab

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