Reuters

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

By Stine Jacobsen OSLO, Nov 5 (Reuters) – Former Vimpelcom chief executive Jo Lunder is being held by Norwegian police on suspicion of corruption as part

  By Barbara Liston ORLANDO, Fla., Nov 4 (Reuters) – A federal judge in Florida on Wednesday set a Dec. 21 deadline for damage claims to be filed by

  By Sabina Zawadzki COPENHAGEN, Nov 4 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Wednesday it will

  SYDNEY, Nov 4 (Reuters) – Iron ore shipments to China through Australia’s Port Hedland in October fell 9 percent to 30.73 million tonnes