Reuters

OSLO, May 28 (Reuters) – Seadrill, the world’s biggest offshore rig firm by market capitalisation, has turned gloomy about prospects for the global

A U.S. Navy official said four acoustic pings at the center of the search for missing Malaysia Airlines Flight MH370, which disappeared in March, are no longer

By Oleg Vukmanovic May 28 (Reuters) – The Angola liquefied natural gas (LNG) export project is expected to resume production in mid-2015, a spokesman for

Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim

Malaysia's government and British satellite firm Inmarsat on Tuesday released data used to determine the path of missing Malaysia Airlines Flight MH370,

China is interested in setting up a partnership with Brazilian mining major Vale to move iron ore from its giant vessels on to smaller ones, as a ban on the

South Korea has hiked to nearly half a million dollars its reward for information leading to the capture of Yoo Byung-un, the head of the family that owns the

OSLO, May 27 (Reuters) – OSLO, May 27 (Reuters) – Oil tanker firm Frontline reported deepening losses Tuesday and said it may struggle to repay its

By Geert De Clercq PARIS, May 26 (Reuters) – U.S.-Mexico ferry operator Baja Ferries is in talks with French transport firm Transdev about buying its 66

ST PETERSBURG, Russia/OSLO, May 24 (Reuters) – Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller,

SINGAPORE, May 23 (Reuters) – Commodities shipper BW Group and Singapore’s Pavilion Energy have agreed to form a joint venture to manage, acquire

By Valerie Volcovici WASHINGTON, May 23 (Reuters) – Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry

By Balazs Koranyi OSLO, May 22 (Reuters) – The global offshore drilling market’s dip could be longer than previously expected and charter rates

LONDON, May 22 (Reuters) – The crew of a charter boat taking part in a search for four British sailors missing in the Atlantic Ocean has found some

By Oleg Vukmanovic MILAN, May 22 (Reuters) – Angola’s new liquefied natural gas (LNG) export project aims to charter out its entire tanker fleet

By James Regan SYDNEY, May 21 (Reuters) – BHP Billiton said on Wednesday it may seek government intervention to avert industrial action by tugboat

Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after

By Oleg Vukmanovic, edited by Jane Baird MILAN, May 20 (Reuters) – Argentina has secured four liquefied natural gas (LNG) cargoes for delivery in June

MELBOURNE, May 20 (Reuters) – Two of the world’s biggest iron ore miners BHP Billiton and Fortescue Metals Group held-government sponsored

JERUSALEM, May 19 (Reuters) – Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate’s shipping offshoot