Reuters

COPENHAGEN, Nov 20 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295

PANAMA CITY, Nov 19 (Reuters) – The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the

By Jonathan Saul and Libby George LONDON, Nov 19 (Reuters) – Record high freight rates are creating more headaches for traders looking to house millions

OSLO, Nov 18 (Reuters) – Investments in Norway’s oil and gas sector will drop by almost 40 percent from 2014 to 2017, an industry lobby group

By Joseph Akwiri MOMBASA, Nov 18 (Reuters) – East Africa’s biggest port of Mombasa will spend 100 million shillings ($980,392.16) to build a new

By Karolin Schaps and Ron Bousso LONDON, Nov 17 (Reuters) – Danish oil company Maersk Oil has several billion dollars to buy new licences, oil-producing

SHANGHAI, Nov 17 (Reuters) – Chinese transport conglomerate China Merchants Group is in talks to acquire logistics group Sinotrans & CSC in the

By Jonathan Saul and Libby George LONDON, Nov 13 (Reuters) – As land storage sites worldwide reach brimming point due to a supply glut, tens of millions

VANCOUVER, Nov 13 (Reuters) – Canadian Prime Minister Justin Trudeau has instructed Transport Minister Marc Garneau, in a letter released on Friday, to

By Shihar Aneez COLOMBO, Nov 11 (Reuters) – Sri Lankan President Maitripala Sirisena on Wednesday revoked all deals by a private security firm related to

By Jonathan Saul LONDON, Nov 11 (Reuters) – Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles

FRANKFURT, Nov 11 (Reuters) – Newly-listed German container shipping group Hapag Lloyd said on Wednesday it broke even in the third quarter as it

  COPENHAGEN, Nov 11 (Reuters) – Busy refineries boosting tanker freight rates in the oil tanker market helped both Danish shipping companies D/S

  HOUSTON, Nov 10 (Reuters) – A traffic jam of oil tankers has emerged along the U.S. Texas coast this month, a snarl that some traders see as the

  NEW YORK, Nov 9 (Reuters) – Cheniere Energy’s landmark Sabine Pass liquefied natural gas export plant in Louisiana will receive its first

  By Ole Mikkelsen COPENHAGEN, Nov 9 (Reuters) – The world’s number one container shipping company Maersk Line expects consolidation in the

  By Jonathan Saul LONDON, Nov 9 (Reuters) – The market for hedging oil tanker freight has revived sharply this year to a value of $4.5 billion

  By Sabina Zawadzki and Ole Mikkelsen COPENHAGEN, Nov 6 (Reuters) – Shipping and oil conglomerate A.P. Moller-Maersk said on Friday third-quarter

  By Arno Schuetze FRANKFURT, Nov 6 (Reuters) – Shares in Hapag-Lloyd hovered around their issue price in their stock market debut as investors gave

By Nia Williams CALGARY, Alberta, Nov 5 (Reuters) – TransCanada Corp said on Thursday it has scrapped plans to build a port in Quebec and will have only