Reuters

By Steve Scherer ROME, March 26 (Reuters) – Italian Foreign Minister Giulio Terzi resigned on Tuesday over his government’s decision to return two

Brazilian shipbuilding and ship-leasing company OSX Brasil SA is in the process of raising a $265 million short-term loan due in 2014 from foreign investors to

By Kathy Finn NEW ORLEANS, March 25 (Reuters) – The officer in charge of safety on Transocean’s Deepwater Horizon drilling rig, destroyed in a BP

HONG KONG, March 25 (Reuters) – China Rongsheng Heavy Industries Group Holdings Ltd won its first orders to build two jack-up rigs worth more than $360

SINGAPORE, March 25 (Reuters) – Demand for low sulphur bunker fuel in Singapore is expected to rise at least 20 percent this year, following tighter

NEW YORK, March 24 (Reuters) – Shares of cargo ship operator Seacor Holdings could climb as oil drilling in the Gulf of Mexico picks up, according to a

By Daniel Fineren DUBAI, March 24 (Reuters) – Three big Qatari liquefied natural gas (LNG) deliveries should help replenish vital heating supplies for

By Balazs Koranyi and Victoria Klesty OSLO, March 24 (Reuters) – Middle East-style oil wealth combined with a generous Nordic welfare model is slowly

By Joe Bavier ABIDJAN, March 23 (Reuters) – Ivory Coast has named a consortium of French industrial groups Bollore and Bouygues and Denmark’s

A ship owned by Bonny Gas Transport (BGT) berths near the Nigeria Liquified Natural Gas company (NLNG) near Finima village.  Image taken during an aerial tour

By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed

By Chijioke Ohuocha LAGOS, March 21 (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) will sign agreements this week with South Korea’s

By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

COTONOU, March 20 (Reuters) – Nearly two dozen West and Central African nations have pledged to combat the growing threat of piracy and maritime crime in

By Jonathan Saul and Asma Alsharif LONDON/CAIRO, March 20 (Reuters) – When it raises tolls in May, Egypt’s Suez Canal Authority will know that fuel

CALABAR, Nigeria, March 19 (Reuters) – At least 45 people died when a wooden boat carrying 166 people from southeastern Nigeria capsized off the coast, a

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of

CALGARY, Alberta, March 18 (Reuters) – Canada’s government will examine strengthening oil tanker safety, including introducing new laws and

By Jonathan Saul LONDON, March 18 (Reuters) – Iran’s NITC has replaced Hamid Behbahani, a former minister and ally of President Mahmoud