Reuters

Rates for very large crude carriers (VLCCs) on key Asian routes are likely to hold steady or climb next week if charterers release their May fixture programme

China’s island building program in the South China Sea may result in it gaining control of some of the world’s most important waterways, the U.S.’s most

North Atlantic Drilling, a subsidiary of offshore rig company Seadrill, has delayed closing a cooperation deal with Russia's Rosneft by two years and agreed to

A day of mourning for the 304 victims of the Sewol ferry sinking was overtaken by acrimony on Thursday, as organizers called off a ceremony planned to mark its

Italian police arrested 15 African men suspected of throwing about a dozen Christians from a migrant boat in the Mediterranean on Thursday, as the crisis off

Denmark's A.P. Moller-Maersk will cut 200 jobs in its Maersk Oil unit due to a drop in the oil price and to reduce operating costs by 20 percent over the next

Hundreds of people desperate to be rescued from a packed migrant boat in the Mediterranean pushed to one side when they saw a ship approach, capsizing the

At least five merchant vessels carrying food are stuck off Yemen as warships from a Saudi-led coalition search them for weapons bound for Iran-allied Houthi

About 400 migrants died in an attempt to reach Italy from Libya when their boat capsized, survivors said on Tuesday, the latest tragedy in the Mediterranean

Egypt will import around $3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at state-owned Egyptian General

Imports in March were estimated to have risen 80 percent to 24.73 million tonnes, according to mjunction data based on information from shipping companies,

Lithuania is considering allowing its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand declines, the

By Ju-min Park and Jack Kim SEOUL (Reuters) – Nearly a year after her 16-year-old daughter was among 304 people killed when an overloaded ferry capsized,

Russian gas producer Novatek hopes to secure $5 billion from global export credit agencies for its Arctic liquefied natural gas (LNG) project Yamal LNG by

A Washington state lawmaker looking to ease traffic congestion for several Puget Sound-area communities near Seattle has proposed building an eye-catching new

Italian and merchant ships rescued around 1,000 migrants from three overcrowded skiffs near the coast of Libya and found one dead body, Italy's coast guard

British Columbian officials on Friday criticized the Canadian government's response to an oil spill in the waters around Vancouver, calling into question plans

The mayor of Santos suspended on Friday operations at a fuel storage warehouse in Brazil after a week-long fire at the facility operated by Ultracargo slowed

Rates for very large crude carriers (VLCCs) on key Asian routes face an uncertain week as owners seek to push for higher rates, while charterers could cap

A new sea rescue operation is to be launched in May to try to reduce the number of refugees, migrants and asylum seekers killed making the treacherous crossing