Reuters

"Anyone now with supply going West to East, would be fair to put the cargoes in the West. This will help the (Asia) price stabilise a bit and maybe pick up," a

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West

Capex can't be cut

Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the

Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told

Norway's GC Rieber Shipping ASA said on Wednesday that two companies owned by private equity fund HitecVision V, LP, had defaulted on debt

Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the U.S.-allied

World's largest independent storage company Vopak will start operations at the first commercial crude oil tank farm in southeast Asia in March, a top company

Pacific Rubiales, forced by low oil prices to delay the start-up of its Colombia liquefied natural gas plant, said it was impossible to predict when exports

Oil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new

Cuba's improved relations with the United States could lead to a more rapid expansion of the port upon which the country has staked much of its economic

While Greece's new leftist government seems set on a collision course with the European Union, it is likely to steer clear of confronting the country's

Russian state-controlled oil company Rosneft will not be able to resume drilling in the Kara Sea this year after Western sanctions halted its cooperation with

Marquette Transportation Company, a U.S. towboat operator, is exploring a sale that could value it at more than $1

Norwegian energy firm Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, exploration chief Tim

Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said on Thursday, as a ban that had been

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker

The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural