Reuters

By John Kemp LONDON, April 12 (Reuters) – Fuel consumption is not very sensitive to a small change in prices in the short run, but if the price change

By Alexis Akwagyiram LAGOS, April 11 (Reuters) – Six Turkish members of a cargo ship’s crew have been kidnapped by pirates off the coast of

April 11 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for the

BRUSSELS, April 11 – French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4

April 8 (Reuters) – The U.S. Coast Guard said it reopened the Mississippi River to some shipping traffic on Friday following a midweek barge accident

By Angeliki Koutantou ATHENS, April 8 (Reuters) – Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation on Friday, while

By Phil Stewart PORTLAND, Oregon, April 7 (Reuters) – The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for

FRANKFURT, April 7 (Reuters) – NordLB expects lower earnings this year partly as a result of the German public sector bank’s efforts to cut its

By Libby George and Keith Wallis LONDON/SINGAPORE, April 7 (Reuters) – A surge in oil buying by China’s newest crude importers has created delays

HOUSTON, April 6 (Reuters) – Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along

BEIJING, April 6 (Reuters) – China has begun operating a lighthouse on one of its artificial islands in the South China Sea near which a U.S. warship

By Keith Wallis SINGAPORE, April 6 (Reuters) – A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading

April 6 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday,

By Jonathan Saul LONDON, April 5 (Reuters) – If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment

By Henning Gloystein SINGAPORE, April 4 (Reuters) – Chevron’s massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical

DUBAI, April 3 (Reuters) – National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425

DUBAI, April 2 (Reuters) – Iran is seeking $2.5 billion investment to modernise its oil tankers fleet following the lifting of sanctions against Tehran,

By Keith Wallis SINGAPORE, April 1 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday, face an

April 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Friday,